Construction

Construction output volume, based on raw data was by 5.6% lower, based on calendar-adjusted data by 3.6% less in November 2025, year-on-year. Among the main construction groups the construction of buildings expanded by 7.7%, that of civil engineering fell by 20.0%. Based on seasonally and working day adjusted indices construction output was below the October 2025 level by 7.3%.

The performance of Hungary’s economy surpassed the previous year’s level by 0.3% in the 1st-3rd quarters of 2025. The increasing performance of the services sector and construction as well as growing consumption had a positive impact on GDP. These impacts however have been subdued by the setback of the industry and agriculture, the continuously subdued investment activity. Retail trade volume continued to rise, foreign demand at accommodation establishments increased, too.

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The yearbook provides an overview of Hungary's demographic, social and economic trends, environmental characteristics and their changes over time, with the help of tens of thousands of data in some 500 tables, charts and maps. In the chapter devoted to earnings and incomes, it is a novelty compared to previous years that net earnings in which allowances and types of exemptions are accounted for, too, came into focus from 2019. In the number of employees, people working in working time shorter than 60 working hours per month are also taken into account. In addition, the theme of environment is completed with areas declared world heritage sites by UNESCO.

A new sub-page has been added to the HCSO website, more than 400 yearbooks, pocketbooks and data collections, a total of a hundred thousand pdf format pages close to 150 thousand excel tables and several thousand static and interactive graphs and maps are available for download. The sub-page offers the possibility of filtering these yearbooks, pocketbooks and data collections by reference year, serial name, format (PDF, XLS) and supplements (graphs, maps). Users may compile their own list of publications based on the year- and pocketbooks, data collections, adequate to their interests.

Hungary’s GDP increased by 0.5% amid global challenges in 2024. The performance of goods-producing industries lessened, while that of service-providing ones rose, which shows the duality of economic trends. Household consumption picked up, which was considerably encouraged by the purchasing power of earnings growing again with the inflationary wave calming down. Besides, the data series reveal that the level of employment reached another peak.

Construction output in 2023 – reaching HUF 7387 billion at current price - following a two-year long growth, lagged behind the one year earlier level by 5.0% at comparative price. The downturn in production was due to the 5.6% volume decrease in the construction of buildings and the 3.8% fallback in civil engineering works. The volumes of new contracts concluded in 2023 and that of end-of-year stock of contracts both lessened, the former by 11.2%, the latter by 23.5%.