Hungary: Economic and Financial Data

Date of last update: 25 March 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 Jan/19 114,0 113,3 4,9 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 Nov/18-Jan/19 4 480,7 4 481,3 www.ksh.hu/first_release
www.ksh.hu/stadat
* Unemployment persons, thousand final Nov/18-Jan/19 169,8 167,2 www.ksh.hu/first_release
www.ksh.hu/stadat
% of labor force Nov/18-Jan/19 3,7 3,6
* Wages/earnings average monthly gross earnings in HUF Dec/18 359 978 355 099 10,2 www.ksh.hu/first_release
www.ksh.hu/stadat
Price indices
* Consumer prices December previous year=100,0 final Feb/19 100,9 100,3 www.ksh.hu/first_release
www.ksh.hu/stadat
* Producer prices December previous year=100,0 final Jan/19 99,5 104,7 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
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. Central government cash balance was -1.237.170 HUF million in 2015 (including the balance of SS Funds). Local government cash balance was surplus with 13.554 million HUF.
* Total revenues HUF million 2017 17 348 117 16 405 125 6
* 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 Feb/19 1 449 028 1 969 837 17,5
* Total expenditures HUF million Feb/19 1 626 181 1 725 369 35,8
* Central government surplus/deficit HUF million Feb/19 -177 153 244 468 -597,5
* Total financing HUF million Feb/19 177 153 -244 468 -597,5
** Foreign debt financing HUF million Feb/19 -45 266 -240 856 -45,3
** Domestic debt financing HUF million Feb/19 -82 258 366 463 -130,6
*** Bonds HUF million Feb/19 304 154 192 759 39,5
*** Treasury bills HUF million Feb/19 -386 412 173 704 -858,1
*** Loans HUF million Feb/19 0 0
** Other financing HUF million Feb/19 304 677 -370 075 -237,3
Central government debt
Government Debt Management Agency Pte. Ltd.
*** Total domestic currency debt HUF billion Q4/18 22 795,95 22 743,94
- short-term HUF billion Q4/18 5 026,92 5 199,17
- long-term HUF billion Q4/18 17 769,04 17 544,77
**** Loans HUF billion Q4/18 1 167,69 1 118,02
**** Government securities HUF billion Q4/18 21 628,26 21 625,92
*** Total foreign currency debt HUF billion Q4/18 5 724,77 5 430,07
- short-term HUF billion Q4/18 0,00 0,00
- long-term HUF billion Q4/18 5 724,77 5 430,07
**** Loans HUF billion Q4/18 794,98 820,18
**** Government securities HUF billion Q4/18 4 929,79 4 609,89
** Total outstanding debt HUF billion Q4/18 28 520,72 28 174,02
**Mark-to-market deposits placed at AKK and other liabilities HUF billion Q4/18 167,44 244,07
*Grand total central government debt HUF billion Q4/18 28 688,17 28 418,08
** Guaranteed debt HUF billion Q4/18 n.d. 3 743,62 Not available yet for 31/12/2018

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 Jan/19 21 898,7 21 963,1
** M2 HUF billion Jan/19 25 128,7 25 212,2
** M3 HUF billion Jan/19 25 257,1 25 636,9
** Loans to residents HUF billion Jan/19 15 356,5 15 357,1
** Loans to general government HUF billion Jan/19 533,7 519,1
** Loans to other residents HUF billion Jan/19 14 822,8 14 837,9
** Net external assets HUF billion Jan/19 1 734,4 1 689,8
Analytical accounts of the central bank Magyar Nemzeti Bank
* Monetary base HUF billion Feb/19 6 979,4 7 237,5
* Loans to general government1 HUF billion Feb/19 0,0 0,0 In the case of the MNB it means only central government.
* Loans to other residents2 HUF billion Feb/19 902,2 904,1
* Net external assets HUF billion Feb/19 8 239,8 8 355,0
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 Jan/19 0,00 0,05 Magyar Nemzeti Bank
* 1 month interbank lending rate % per annum Jan/19 0,10 0,08
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 Jan/19 2,44 2,37
* Short-term deposit rates % per annum Jan/19 0,30 0,28
Household Magyar Nemzeti Bank
* Lending rates % per annum Jan/19 7,52 7,36 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 Jan/19 0,04 0,03
Financial soundness indicators http://fsi.imf.org
Stock market index (SPI) BUX
02/01/1991=1000
Jan/19 40 855,56 39 138,95 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 Feb/19 30 012 30 576 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 Feb/19 28 126 28 575
** Monetary gold USD million Feb/19 1 342 1 338
**SDRs USD million Feb/19 1 4
**Reserve position in the IMF USD million Feb/19 418 418
**Other reserve assets (other claims) USD million Feb/19 125 242
International reserves and foreign currency liquidity EUR million Feb/19 Magyar Nemzeti Bank
Merchandise trade www.ksh.hu/stadat
* Total exports USD million, f.o.b. Jan/19 10 265 8 716 0,1
* Total imports USD million, c.i.f. Jan/19 9 826 8 269 3,4
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) Feb/19 318,06 319,99
* US Dollar HUF per 1 USD (monthly average) Feb/19 280,26 280,20

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.