Hungary: Economic and Financial Data

Date of last update: 17 May 2019

This page is updated whenever new data are released.

The data shown in this page correspond to the data described on the International Monetary Fund’s Dissemination Standards Bulletin Board (DSBB). For a fuller explanation of the DSBB and the statistical standards to which Hungary has committed, please click on DSBB Home Page.

Unless otherwise indicated, data are preliminary when first released and are not seasonally adjusted.

Comma (,) represents decimal point delimiter.

Figures may not sum due to rounding.

Acronyms used: HUF – Hungarian Forint; BUX – Budapest Stock Exchange Index

Real Sector

SDDS data category and component Unit description Observations More info
Period of latest data Latest data Data for previous period % change from same period last year
National accounts www.ksh.hu/stadat
New data according to ESA2010
* GDP at current market prices HUF billion Q4/18 11 689,0 10 848,4
** Household final consumption expenditure HUF billion Q4/18 5 324,6 4 918,8
** Social transfer in kind from government HUF billion Q4/18 1 184,9 1 006,3
** Social transfer in kind from NPISHs HUF billion Q4/18 197,8 197,5
** Actual final consumption of households HUF billion Q4/18 6 707,3 6 122,6
** Actual final consumption of government HUF billion Q4/18 1 063,8 966,6
** Actual final consumption, total HUF billion Q4/18 7 771,1 7 089,2
** Gross fixed capital formation HUF billion Q4/18 3 248,7 3 135,0
** Exports HUF billion Q4/18 9 449,0 9 045,4
** Imports HUF billion Q4/18 9 055,4 8 731,9
** External balance of goods and services HUF billion Q4/18 393,6 313,4
** Changes in inventories HUF billion Q4/18 258,7 295,5
* GDP at constant prices HUF billion at 2005 prices Q4/18 7 377,8 7 073,0 5,1 www.ksh.hu/stadat
www.ksh.hu/stadat
** Household final consumption expenditure HUF billion Q4/18 3 548,6 3 273,5 5,0
** Social transfer in kind from government HUF billion Q4/18 696,3 655,8 1,0
** Social transfer in kind from NPISHs HUF billion Q4/18 112,3 114,3 4,3
** Actual final consumption of households HUF billion Q4/18 4 361,1 4 049,2 4,3
** Actual final consumption of government HUF billion Q4/18 742,8 680,6 -7,0
** Actual final consumption, total HUF billion Q4/18 5 106,4 4 732,6 2,6
** Gross fixed capital formation HUF billion Q4/18 2 049,1 2 083,3 17,2
** Exports HUF billion Q4/18 7 773,1 7 413,1 5,6
** Imports HUF billion Q4/18 7 345,2 7 063,4 8,2
** External balance of goods and services HUF billion Q4/18 n.d. n.d. n.d.
** Changes in inventories HUF billion Q4/18 n.d. n.d. n.d.
Production index
* Volume of gross industrial output seasonally and working-days adjusted, 2015 monthly average = 100,0 Mar/19 116,7 115,6 7,9 www.ksh.hu/first_release
www.ksh.hu/stadat
Labor market
Notes: From December 2014, grossing up of LFS data is based on the adjusted population number of the 2011 census. To ensure comparability previous estimates have been modified by the new weighting system dating back to 2006.
* Employment persons, thousand final Jan/19-Mar/19 4 497,1 4 497,4 www.ksh.hu/first_release
www.ksh.hu/stadat
* Unemployment persons, thousand final Jan/19-Mar/19 165,7 168,2 www.ksh.hu/first_release
www.ksh.hu/stadat
% of labor force Jan/19-Mar/19 3,6 3,6
* Wages/earnings average monthly gross earnings in HUF Feb/19 345 860 343 469 12,1 www.ksh.hu/first_release
www.ksh.hu/stadat
Price indices
* Consumer prices December previous year=100,0 final Apr/19 102,4 101,5 www.ksh.hu/first_release
www.ksh.hu/stadat
* Producer prices December previous year=100,0 final Mar/19 99,2 99,2 www.ksh.hu/first_release
www.ksh.hu/stadat

Fiscal Sector

SDDS data category and component Unit description Observations More info
Period of latest data Latest data Data for previous period % change from same period last year
General government operations Ministry of Finance
* Total revenues HUF million 2017 17 348 117 16 405 125 6 Data refers to audited cash based final fiscal accounts data approved by the Parliament and used as working balance for compilation 2016 October EDP Notification. Data are consolidated and include local government data as well.
* Total expenditures HUF million 2017 18 662 614 16 945 146 10
* General government surplus/deficit HUF million 2017 -1 314 497 -540 021 143
* Total financing HUF million 2017 1 314 497 540 021 143
** Foreign debt financing HUF million 2017 -449 497 -887 751 -49
** Domestic debt financing HUF million 2017 2 289 098 1 670 950 37
*** Bonds HUF million 2017 376 714 201 486 87
*** Treasury bills HUF million 2017 1 877 733 1 545 352 22
*** Loans HUF million 2017 34 651 -75 888 -146
** Other financing HUF million 2017 -525 104 -243 177 116
Central government operations Ministry of Finance
* Total revenues HUF million Mar/19 1 539 674 1 449 028 1,8
* Total expenditures HUF million Mar/19 1 748 939 1 626 181 -5,9
* Central government surplus/deficit HUF million Mar/19 -209 265 -177 153 -39,4
* Total financing HUF million Mar/19 209 265 177 153 -39,4
** Foreign debt financing HUF million Mar/19 -116 356 -45 266 -267,5
** Domestic debt financing HUF million Mar/19 451 533 -82 258 57,6
*** Bonds HUF million Mar/19 317 372 304 154 177,4
*** Treasury bills HUF million Mar/19 134 161 -386 412 -22,0
*** Loans HUF million Mar/19 0 0 0,0
** Other financing HUF million Mar/19 -125 912 304 677 1 090,7
Central government debt
Government Debt Management Agency Pte. Ltd.
*** Total domestic currency debt HUF billion Q1/19 23 528,11 22 795,95
- short-term HUF billion Q1/19 4 779,76 5 026,92
- long-term HUF billion Q1/19 18 748,35 17 769,04
**** Loans HUF billion Q1/19 1 179,32 1 167,69
**** Government securities HUF billion Q1/19 22 348,78 21 628,26
*** Total foreign currency debt HUF billion Q1/19 5 313,49 5 724,77
- short-term HUF billion Q1/19 0,00 0,00
- long-term HUF billion Q1/19 5 313,49 5 724,77
**** Loans HUF billion Q1/19 800,63 794,98
**** Government securities HUF billion Q1/19 4 512,86 4 929,79
** Total outstanding debt HUF billion Q1/19 28 841,59 28 520,72
**Mark-to-market deposits placed at AKK and other liabilities HUF billion Q1/19 196,78 167,44
*Grand total central government debt HUF billion Q1/19 29 038,37 28 688,17
** Guaranteed debt HUF billion Q1/19 n.d. 3 682,81 Not available yet for 31/03/2019

Financial Sector

SDDS data category and component Unit description Observations More info
Period of latest data Latest data Data for previous period % change from same period last year
Analytical accounts of the banking sector Magyar Nemzeti Bank
* Monetary aggregates
** M1 HUF billion Mar/19 22 275,0 22 051,6
** M2 HUF billion Mar/19 25 467,7 25 245,1
** M3 HUF billion Mar/19 25 581,5 25 383,0
** Loans to residents HUF billion Mar/19 15 644,0 15 468,8
** Loans to general government HUF billion Mar/19 539,7 522,5
** Loans to other residents HUF billion Mar/19 15 104,3 14 946,4
** Net external assets HUF billion Mar/19 1 379,4 1 578,4
Analytical accounts of the central bank Magyar Nemzeti Bank
* Monetary base HUF billion Apr/19 7 050,7 7 053,3
* Loans to general government1 HUF billion Apr/19 0,0 0,0 In the case of the MNB it means only central government.
* Loans to other residents2 HUF billion Apr/19 911,2 893,7
* Net external assets HUF billion Apr/19 8 559,5 8 685,3
Interest rates
* Base rate of the NBH % per annum May/16 0,90 1,05 For daily data please click on:
Magyar Nemzeti Bank
* Overnight interbank lending rate % per annum Mar/19 -0,01 0,02 Magyar Nemzeti Bank
* 1 month interbank lending rate % per annum Mar/19 0,06 0,09
Yields on Treasury bills and Government Bonds Average yield at auctions and subscription
Benchmark yields
Corporate Magyar Nemzeti Bank
* Short-term lending rates % per annum Mar/19 2,46 2,45
* Short-term deposit rates % per annum Mar/19 0,26 0,28
Household Magyar Nemzeti Bank
* Lending rates % per annum Mar/19 7,61 7,56 Notes: Changes in interest rates in March 2015 related to the conversation of foreign currency loans into HUF, which are priced from February 2015 to apply the 2014 Act LXXVIII.
* Sight deposit rates % per annum Mar/19 0,03 0,03
Financial soundness indicators http://fsi.imf.org
Stock market index (SPI) BUX
02/01/1991=1000
Mar/19 41 683,78 40 333,04 For daily data please click on:
http://www.bse.hu

External Sector

SDDS data category and component Unit description Observations More info
Period of latest data Latest data Data for previous period % change from same period last year
Balance of payments Magyar Nemzeti Bank
* Current account balance EUR million, final Q4/18 -450,7 -284,2
** Exports of goods and services EUR million, final Q4/18 29 246,1 27 901,0
** Imports of goods and services EUR million, final Q4/18 28 081,3 26 935,0
** Primary income, net EUR million, final Q4/18 -1 300,3 -1 308,3
** Secondary income, net EUR million, final Q4/18 -315,2 58,1
* Capital account, net EUR million, final Q4/18 449,1 405,1
* Financial account, net assets EUR million, final Q4/18 -1 161,9 -509,6
**Direct investment, net assets EUR million, final Q4/18 -1 252,8 -2 166,7
**Portfolio investment, net assets EUR million, final Q4/18 -1 102,0 -500,0
** Financial derivatives (other than reserves), net assets EUR million, final Q4/18 -758,7 -123,8
**Other investment, net assets EUR million, final Q4/18 -1 361,9 2 440,3
* Reserve assets EUR million, final Q4/18 3 313,6 -159,4
International reserves Magyar Nemzeti Bank
* Total reserve assets USD million Apr/19 30 194 30 805 Notes: At market price including accrued interest. Preliminary data. The following factors played the most important role in the decrease of international reserve assets in March 2016. The effect of foreign currency operations of the ĮKK (Government Debt Management Agency) and the MĮK (Hungarian State Treasury) was about -1.2 billion euros, the major part of which was related to the redemption of the GBP denominated Government Bond. The remaining change was explained mostly by the decrease of the margin account of the ĮKK held at the MNB related to cross-currency exchange rate changes. Redemptions of central bank swap contracts related to the phasing out of households’ FX loans decreased the level of reserve assets by 2.9 billion euros. Furthermore, other factors contributed to the decline of reserve assets to a minor extent (e.g. revaluation effects related to exchange rate changes).
**Foreign currency reserves (currency and deposits, and securities) USD million Apr/19 27 924 28 607
** Monetary gold USD million Apr/19 1 300 1 307
**SDRs USD million Apr/19 5 1
**Reserve position in the IMF USD million Apr/19 414 415
**Other reserve assets (other claims) USD million Apr/19 551 474
International reserves and foreign currency liquidity EUR million Apr/19 Magyar Nemzeti Bank
Merchandise trade www.ksh.hu/stadat
* Total exports USD million, f.o.b. Mar/19 10 945 10 281 -3,8
* Total imports USD million, c.i.f. Mar/19 10 181 9 356 -3,1
International investment position Magyar Nemzeti Bank
* Assets EUR million, final Q4/18 230 571,8 299 570,6
** Direct investment EUR million, final Q4/18 156 283,9 225 768,3
** Portfolio investment EUR million, final Q4/18 10 950,5 11 543,2
- equity and investment fund shares EUR million, final Q4/18 6 806,9 7 242,3
- debt securities EUR million, final Q4/18 4 143,6 4 300,9
** Financial derivatives EUR million, final Q4/18 2 271,4 2 777,5
** Other investment (assests) EUR million, final Q4/18 33 663,5 35 754,9
- short-term EUR million, final Q4/18 23 068,8 26 009,9
- long-term EUR million, final Q4/18 10 066,9 9 219,3
** Reserve assets EUR million, final Q4/18 27 402,5 23 726,7
* Liabilities EUR million, final Q4/18 291 753,7 358 551,5
** Direct investment EUR million, final Q4/18 200 561,6 268 862,5
** Portfolio investment EUR million, final Q4/18 46 620,7 44 249,2
- equity and investment fund shares EUR million, final Q4/18 14 851,9 13 618,7
- debt securities EUR million, final Q4/18 31 768,8 30 630,6
** Financial derivatives EUR million, final Q4/18 1 774,5 2 049,0
** Other investment (liabilities) EUR million, final Q4/18 42 796,9 43 390,8
- short-term EUR million, final Q4/18 11 890,7 13 027,6
- long-term EUR million, final Q4/18 30 888,3 30 345,5
Gross external debt Magyar Nemzeti Bank
* Direct investment: Debt instruments EUR million, final Q4/18 54 816,6 54 206,5
** In direct investment enterprises EUR million, final Q4/18 32 700,8 32 413,9
** In direct investor (reverse investment) EUR million, final Q4/18 3 293,3 3 186,7
*** Between fellow enterprises EUR million, final Q4/18 18 822,5 18 605,9
* Other debt EUR million, final Q4/18 74 547,8 74 003,6
** Central bank (S.121) EUR million, final Q4/18 1 551,1 1 625,3
*** Short-term EUR million, final Q4/18 348,1 427,0
- Deposits EUR million, final Q4/18 348,1 427,0
- Debt securities EUR million, final Q4/18 0,0 0,0
- Loans EUR million, final Q4/18 0,0 0,0
- Trade credits and advances EUR million, final Q4/18 0,0 0,0
- Other accounts payable EUR million, final Q4/18 0,0 0,0
*** Long-term EUR million, final Q4/18 1 203,0 1 198,2
- Deposits EUR million, final Q4/18 0,0 0,0
- Debt securities EUR million, final Q4/18 0,0 0,0
- Loans EUR million, final Q4/18 0,0 0,0
- Trade credits and advances EUR million, final Q4/18 0,0 0,0
- Other accounts payable EUR million, final Q4/18 0,0 0,0
- SDRs EUR million, final Q4/18 1 203,0 1 198,2
** Other MFIs (S.12T) EUR million, final Q4/18 17 348,6 18 156,7
*** Short-term EUR million, final Q4/18 4 396,5 5 279,7
- Deposits EUR million, final Q4/18 4 048,7 4 467,1
- Debt securities EUR million, final Q4/18 0,1 0,1
- Loans EUR million, final Q4/18 228,5 730,4
- Trade credits and advances EUR million, final Q4/18 12,9 7,2
- Other accounts payable EUR million, final Q4/18 106,3 75,0
*** Long-term EUR million, final Q4/18 12 952,1 12 876,9
- Deposits EUR million, final Q4/18 7 527,4 7 939,7
- Debt securities EUR million, final Q4/18 1 757,9 1 870,8
- Loans EUR million, final Q4/18 3 666,8 3 066,4
- Trade credits and advances EUR million, final Q4/18 0,0 0,0
- Other accounts payable EUR million, final Q4/18 0,0 0,0
*** Deposit-taking corporations except the central bank (S.122) EUR million, final Q4/18 17 348,6 18 156,7
**** Short-term EUR million, final Q4/18 4 396,5 5 279,7
- Deposits EUR million, final Q4/18 4 048,7 4 467,1
- Debt securities EUR million, final Q4/18 0,1 0,1
- Loans EUR million, final Q4/18 228,5 730,4
- Trade credits and advances EUR million, final Q4/18 12,9 7,2
- Other accounts payable EUR million, final Q4/18 106,3 75,0
**** Long-term EUR million, final Q4/18 12 952,1 12 876,9
- Deposits EUR million, final Q4/18 7 527,4 7 939,7
- Debt securities EUR million, final Q4/18 1 757,9 1 870,8
- Loans EUR million, final Q4/18 3 666,8 3 066,4
- Trade credits and advances EUR million, final Q4/18 0,0 0,0
- Other accounts payable EUR million, final Q4/18 0,0 0,0
*** Money market funds (S.123) EUR million, final Q4/18 0,0 0,0
**** Short-term EUR million, final Q4/18 0,0 0,0
- Deposits EUR million, final Q4/18 0,0 0,0
- Debt securities EUR million, final Q4/18 0,0 0,0
- Loans EUR million, final Q4/18 0,0 0,0
- Trade credits and advances EUR million, final Q4/18 0,0 0,0
- Other accounts payable EUR million, final Q4/18 0,0 0,0
**** Long-term EUR million, final Q4/18 0,0 0,0
- Deposits EUR million, final Q4/18 0,0 0,0
- Debt securities EUR million, final Q4/18 0,0 0,0
- Loans EUR million, final Q4/18 0,0 0,0
- Trade credits and advances EUR million, final Q4/18 0,0 0,0
- Other accounts payable EUR million, final Q4/18 0,0 0,0
** General government (S.13) EUR million, final Q4/18 36 568,3 34 953,9
*** Short-term EUR million, final Q4/18 1 506,9 1 146,0
- Deposits EUR million, final Q4/18 0,0 0,0
- Debt securities EUR million, final Q4/18 780,8 344,5
- Loans EUR million, final Q4/18 525,4 760,0
- Trade credits and advances EUR million, final Q4/18 9,8 9,8
- Other accounts payable EUR million, final Q4/18 190,9 31,8
*** Long-term EUR million, final Q4/18 35 061,3 33 807,8
- Deposits EUR million, final Q4/18 0,0 0,0
- Debt securities EUR million, final Q4/18 28 259,8 27 430,6
- Loans EUR million, final Q4/18 6 471,1 6 377,2
- Trade credits and advances EUR million, final Q4/18 0,0 0,0
- Other accounts payable EUR million, final Q4/18 330,5 0,1
- SDRs EUR million, final Q4/18 0,0 0,0
** Other sectors (S.1P) EUR million, final Q4/18 19 079,9 19 267,8
*** Short-term EUR million, final Q4/18 6 424,8 6 524,0
- Deposits EUR million, final Q4/18 0,0 0,0
- Debt securities EUR million, final Q4/18 4,6 4,6
- Loans EUR million, final Q4/18 698,9 909,9
- Trade credits and advances EUR million, final Q4/18 5 160,4 5 244,3
- Other accounts payable EUR million, final Q4/18 560,8 365,1
*** Long-term EUR million, final Q4/18 12 655,1 12 743,9
- Deposits EUR million, final Q4/18 0,0 0,0
- Debt securities EUR million, final Q4/18 965,5 980,1
- Loans EUR million, final Q4/18 11 559,4 11 685,6
- Trade credits and advances EUR million, final Q4/18 1,3 0,2
- Other accounts payable EUR million, final Q4/18 128,9 78,0
*** Financial corporations other than MFIs (S.12M) EUR million, final Q4/18 1 989,5 1 890,6
**** Short-term EUR million, final Q4/18 523,2 469,2
- Deposits EUR million, final Q4/18 0,0 0,0
- Debt securities EUR million, final Q4/18 0,0 0,0
- Loans EUR million, final Q4/18 463,7 419,7
- Trade credits and advances EUR million, final Q4/18 9,0 9,0
- Other accounts payable EUR million, final Q4/18 50,5 40,5
**** Long-term EUR million, final Q4/18 1 466,3 1 421,4
- Deposits EUR million, final Q4/18 0,0 0,0
- Debt securities EUR million, final Q4/18 215,9 222,4
- Loans EUR million, final Q4/18 1 193,4 1 134,4
- Trade credits and advances EUR million, final Q4/18 0,0 0,0
- Other accounts payable EUR million, final Q4/18 57,0 64,6
*** Non-financial corporations, households, and non-profit institutions serving households (S.1V) EUR million, final Q4/18 17 090,4 17 377,2
**** Short-term EUR million, final Q4/18 5 901,6 6 054,8
- Deposits EUR million, final Q4/18 0,0 0,0
- Debt securities EUR million, final Q4/18 4,6 4,6
- Loans EUR million, final Q4/18 235,3 490,2
- Trade credits and advances EUR million, final Q4/18 5 151,3 5 235,3
- Other accounts payable EUR million, final Q4/18 510,4 324,6
**** Long-term EUR million, final Q4/18 11 188,8 11 322,4
- Deposits EUR million, final Q4/18 0,0 0,0
- Debt securities EUR million, final Q4/18 749,6 757,7
- Loans EUR million, final Q4/18 10 366,0 10 551,2
- Trade credits and advances EUR million, final Q4/18 1,3 0,2
- Other accounts payable EUR million, final Q4/18 71,9 13,4
*Gross external debt EUR million, final Q4/18 129 364,4 128 210,2
** Short term EUR million, final Q4/18 12 676,2 13 376,8
** Long term EUR million, final Q4/18 61 871,6 60 626,9
** Direct investment (intercompany) debt liabilities EUR million, final Q4/18 54 816,6 54 206,5
** Denominated in foreign currencies EUR million, final Q4/18 98 497,9 99 579,1
** Denominated in Forints EUR million, final Q4/18 30 866,5 28 631,1
Exchange rates For daily data please click on:
http://english.mnb.hu
http://arfolyam.iridium.hu/
Magyar Nemzeti Bank
* Euro HUF per 1 Euro (monthly average) Apr/19 321,17 315,97
* US Dollar HUF per 1 USD (monthly average) Apr/19 285,68 279,44

Population

SDDS data category and component Unit description Observations More info
Period of latest data Latest data Data for previous period % change from same period last year
Population persons, thousand Jan/2019 9 764 9 771 www.ksh.hu/first_release

Non-SDDS Data

SDDS data category and component Unit description Observations More info
Period of latest data Latest data Data for previous period % change from same period last year
Balance of payments
* Non-debt creating financing, net assets EUR million, final Q4/18 -1651,0 -2340,9 Magyar Nemzeti Bank

FOOTNOTES:

1) Claims on central government.

2) Claims on banks, non-bank financial institutions and non-financial institutions - private and public.

3) Gold is valued at the spot price announced on the Reuters page EFX=prevailing at 11 a.m. CET on the reference date at the end of each month.