Hungary: Economic and Financial Data

Date of last update: 24 January 2020

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 Q3/19 12 058,4 11 521,8
** Household final consumption expenditure HUF billion Q3/19 5 365,9 5 445,7
** Social transfer in kind from government HUF billion Q3/19 1 087,3 1 098,3
** Social transfer in kind from NPISHs HUF billion Q3/19 222,1 222,6
** Actual final consumption of households HUF billion Q3/19 6 675,3 6 766,6
** Actual final consumption of government HUF billion Q3/19 1 088,2 1 089,7
** Actual final consumption, total HUF billion Q3/19 7 763,5 7 856,3
** Gross fixed capital formation HUF billion Q3/19 3 937,3 3 440,5
** Exports HUF billion Q3/19 9 820,1 9 704,3
** Imports HUF billion Q3/19 9 369,0 9 140,9
** External balance of goods and services HUF billion Q3/19 451,1 563,4
** Changes in inventories HUF billion Q3/19 -110,5 -356,9
* GDP at constant prices HUF billion at 2005 prices Q3/19 7 484,1 7 202,2 5,0 www.ksh.hu/stadat
www.ksh.hu/stadat
** Household final consumption expenditure HUF billion Q3/19 3 403,2 3 469,6 5,0
** Social transfer in kind from government HUF billion Q3/19 670,6 689,5 1,0
** Social transfer in kind from NPISHs HUF billion Q3/19 113,9 113,6 0,6
** Actual final consumption of households HUF billion Q3/19 4 193,4 4 278,2 4,2
** Actual final consumption of government HUF billion Q3/19 758,3 756,1 2,2
** Actual final consumption, total HUF billion Q3/19 4 948,0 5 032,2 3,9
** Gross fixed capital formation HUF billion Q3/19 2 476,8 2 200,7 16,1
** Exports HUF billion Q3/19 8 110,1 8 117,7 8,3
** Imports HUF billion Q3/19 7 568,7 7 465,9 7,4
** External balance of goods and services HUF billion Q3/19 n.d. n.d. n.d.
** Changes in inventories HUF billion Q3/19 n.d. n.d. n.d.
Production index
* Volume of gross industrial output seasonally and working-days adjusted, 2015 monthly average = 100,0 Nov/19 116,9 118,1 5,9 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 Sep/19-Nov/19 4 517,0 4 520,5 www.ksh.hu/first_release
www.ksh.hu/stadat
* Unemployment persons, thousand final Sep/19-Nov/19 163,3 163,6 www.ksh.hu/first_release
www.ksh.hu/stadat
% of labor force Sep/19-Nov/19 3,5 3,5
* Wages/earnings average monthly gross earnings in HUF Oct/19 365 135 360 709 11,6 www.ksh.hu/first_release
www.ksh.hu/stadat
Price indices
* Consumer prices December previous year=100,0 final Dec/19 104,0 103,7 www.ksh.hu/first_release
www.ksh.hu/stadat
* Producer prices December previous year=100,0 final Nov/19 102,6 102,1 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 2018 18 462 602 17 348 117 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 2018 19 664 742 18 662 614 5
* General government surplus/deficit HUF million 2018 -1 202 140 -1 314 497 -9
* Total financing HUF million 2018 1 202 140 1 314 497 -9
** Foreign debt financing HUF million 2018 -90 263 -449 497 -80
** Domestic debt financing HUF million 2018 2 022 215 2 289 098 -12
*** Bonds HUF million 2018 1 044 907 376 714 177
*** Treasury bills HUF million 2018 911 001 1 877 733 -51
*** Loans HUF million 2018 66 307 34 651 91
** Other financing HUF million 2018 -729 812 -525 104 39
Central government operations Ministry of Finance
* Total revenues HUF million Dec/19 2 305 036 1 718 397 -13,7
* Total expenditures HUF million Dec/19 2 757 781 1 909 320 21,3
* Central government surplus/deficit HUF million Dec/19 -452 745 -190 923 -214,0
* Total financing HUF million Dec/19 452 745 190 923 -214,0
** Foreign debt financing HUF million Dec/19 44 073 34 626 -33,9
** Domestic debt financing HUF million Dec/19 65 322 279 679 -122,8
*** Bonds HUF million Dec/19 59 738 165 816 -122,2
*** Treasury bills HUF million Dec/19 5 584 113 863 -131,9
*** Loans HUF million Dec/19 0 0 0,0
** Other financing HUF million Dec/19 343 350 -123 382 -293,0
Central government debt
Government Debt Management Agency Pte. Ltd.
*** Total domestic currency debt HUF billion Q4/19 24 357 23 682
- short-term HUF billion Q4/19 3 124 3 739
- long-term HUF billion Q4/19 21 233 19 944
**** Loans HUF billion Q4/19 1 208 1 174
**** Government securities HUF billion Q4/19 23 149 22 509
*** Total foreign currency debt HUF billion Q4/19 5 121 5 311
- short-term HUF billion Q4/19 0 0
- long-term HUF billion Q4/19 5 121 5 311
**** Loans HUF billion Q4/19 825 818
**** Government securities HUF billion Q4/19 4 296 4 493
** Total outstanding debt HUF billion Q4/19 29 478 28 994
**Mark-to-market deposits placed at AKK and other liabilities HUF billion Q4/19 204 229
*Grand total central government debt HUF billion Q4/19 29 682 29 223
** Guaranteed debt HUF billion Q4/19 n.d. 3 553 Not available yet for 31/12/2019

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 Nov/19 24 201,6 23 570,3
** M2 HUF billion Nov/19 27 249,5 26 658,5
** M3 HUF billion Nov/19 27 364,2 26 765,9
** Loans to residents HUF billion Nov/19 17 692,0 17 423,9
** Loans to general government HUF billion Nov/19 732,3 717,6
** Loans to other residents HUF billion Nov/19 16 959,7 16 706,3
** Net external assets HUF billion Nov/19 1 503,3 1 516,0
Analytical accounts of the central bank Magyar Nemzeti Bank
* Monetary base HUF billion Dec/19 8 182,3 7 621,4
* Loans to general government1 HUF billion Dec/19 0,0 0,0 In the case of the MNB it means only central government.
* Loans to other residents2 HUF billion Dec/19 1 365,7 991,1
* Net external assets HUF billion Dec/19 9 167,8 9 540,8
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 Nov/19 0,03 0,04 Magyar Nemzeti Bank
* 1 month interbank lending rate % per annum Nov/19 0,14 0,19
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 Nov/19 2,45 2,45
* Short-term deposit rates % per annum Nov/19 0,28 0,47
Household Magyar Nemzeti Bank
* Lending rates % per annum Nov/19 7,07 7,17 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 Nov/19 0,02 0,02
Financial soundness indicators http://fsi.imf.org
Stock market index (SPI) BUX
02/01/1991=1000
Nov/19 43 704,85 42 159,58 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 Q3/19 -261,8 -101,5
** Exports of goods and services EUR million, final Q3/19 29 912,5 30 044,0
** Imports of goods and services EUR million, final Q3/19 28 541,2 28 301,6
** Primary income, net EUR million, final Q3/19 -1 330,0 -1 663,4
** Secondary income, net EUR million, final Q3/19 -303,2 -180,5
* Capital account, net EUR million, final Q3/19 341,8 573,0
* Financial account, net assets EUR million, final Q3/19 -236,6 235,7
**Direct investment, net assets EUR million, final Q3/19 -214,5 116,9
**Portfolio investment, net assets EUR million, final Q3/19 -449,5 27,0
** Financial derivatives (other than reserves), net assets EUR million, final Q3/19 -6,0 13,8
**Other investment, net assets EUR million, final Q3/19 -234,1 532,8
* Reserve assets EUR million, final Q3/19 667,5 -454,8
International reserves Magyar Nemzeti Bank
* Total reserve assets USD million Dec/19 31 831 32 260 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 Dec/19 29 764 30 261
** Monetary gold USD million Dec/19 1 543 1 475
**SDRs USD million Dec/19 1 1
**Reserve position in the IMF USD million Dec/19 414 411
**Other reserve assets (other claims) USD million Dec/19 108 112
International reserves and foreign currency liquidity EUR million Dec/19 Magyar Nemzeti Bank
Merchandise trade www.ksh.hu/stadat
* Total exports USD million, f.o.b. Nov/19 10 480 11 149 -2,8
* Total imports USD million, c.i.f. Nov/19 9 931 10 620 -3,4
International investment position Magyar Nemzeti Bank
* Assets EUR million, final Q3/19 251 883,9 247 790,7
** Direct investment EUR million, final Q3/19 171 759,1 170 846,5
** Portfolio investment EUR million, final Q3/19 12 045,7 12 338,3
- equity and investment fund shares EUR million, final Q3/19 7 663,8 7 549,9
- debt securities EUR million, final Q3/19 4 381,8 4 788,4
** Financial derivatives EUR million, final Q3/19 3 203,2 2 501,8
** Other investment (assests) EUR million, final Q3/19 36 508,7 35 038,8
- short-term EUR million, final Q3/19 25 879,4 24 869,4
- long-term EUR million, final Q3/19 10 084,6 9 640,7
** Reserve assets EUR million, final Q3/19 28 367,1 27 065,4
* Liabilities EUR million, final Q3/19 318 974,5 315 924,6
** Direct investment EUR million, final Q3/19 222 040,1 222 034,7
** Portfolio investment EUR million, final Q3/19 47 466,5 46 854,5
- equity and investment fund shares EUR million, final Q3/19 14 832,8 14 658,1
- debt securities EUR million, final Q3/19 32 633,7 32 196,3
** Financial derivatives EUR million, final Q3/19 2 834,7 1 981,8
** Other investment (liabilities) EUR million, final Q3/19 46 633,2 45 053,6
- short-term EUR million, final Q3/19 14 548,7 13 012,3
- long-term EUR million, final Q3/19 32 067,0 32 022,8
Gross external debt Magyar Nemzeti Bank
* Direct investment: Debt instruments EUR million, final Q3/19 57 388,9 64 395,4
** In direct investment enterprises EUR million, final Q3/19 33 858,2 38 507,9
** In direct investor (reverse investment) EUR million, final Q3/19 3 315,0 3 357,0
*** Between fellow enterprises EUR million, final Q3/19 20 215,6 22 530,6
* Other debt EUR million, final Q3/19 79 249,4 77 231,5
** Central bank (S.121) EUR million, final Q3/19 1 945,8 1 590,3
*** Short-term EUR million, final Q3/19 707,4 378,4
- Deposits EUR million, final Q3/19 707,4 378,4
- Debt securities EUR million, final Q3/19 0,0 0,0
- Loans EUR million, final Q3/19 0,0 0,0
- Trade credits and advances EUR million, final Q3/19 0,0 0,0
- Other accounts payable EUR million, final Q3/19 0,0 0,0
*** Long-term EUR million, final Q3/19 1 238,4 1 211,9
- Deposits EUR million, final Q3/19 0,0 0,0
- Debt securities EUR million, final Q3/19 0,0 0,0
- Loans EUR million, final Q3/19 0,0 0,0
- Trade credits and advances EUR million, final Q3/19 0,0 0,0
- Other accounts payable EUR million, final Q3/19 0,0 0,0
- SDRs EUR million, final Q3/19 1 238,4 1 211,9
** Other MFIs (S.12T) EUR million, final Q3/19 19 293,9 17 586,4
*** Short-term EUR million, final Q3/19 5 132,1 4 745,9
- Deposits EUR million, final Q3/19 4 647,8 4 273,2
- Debt securities EUR million, final Q3/19 0,8 0,8
- Loans EUR million, final Q3/19 370,9 352,1
- Trade credits and advances EUR million, final Q3/19 5,5 5,7
- Other accounts payable EUR million, final Q3/19 107,1 114,1
*** Long-term EUR million, final Q3/19 14 161,8 12 840,5
- Deposits EUR million, final Q3/19 7 112,4 6 486,7
- Debt securities EUR million, final Q3/19 1 911,5 1 392,5
- Loans EUR million, final Q3/19 5 137,8 4 961,2
- Trade credits and advances EUR million, final Q3/19 0,0 0,0
- Other accounts payable EUR million, final Q3/19 0,0 0,0
*** Deposit-taking corporations except the central bank (S.122) EUR million, final Q3/19 19 293,9 17 586,4
**** Short-term EUR million, final Q3/19 5 132,1 4 745,9
- Deposits EUR million, final Q3/19 4 647,8 4 273,2
- Debt securities EUR million, final Q3/19 0,8 0,8
- Loans EUR million, final Q3/19 370,9 352,1
- Trade credits and advances EUR million, final Q3/19 5,5 5,7
- Other accounts payable EUR million, final Q3/19 107,1 114,1
**** Long-term EUR million, final Q3/19 14 161,8 12 840,5
- Deposits EUR million, final Q3/19 7 112,4 6 486,7
- Debt securities EUR million, final Q3/19 1 911,5 1 392,5
- Loans EUR million, final Q3/19 5 137,8 4 961,2
- Trade credits and advances EUR million, final Q3/19 0,0 0,0
- Other accounts payable EUR million, final Q3/19 0,0 0,0
*** Money market funds (S.123) EUR million, final Q3/19 0,0 0,0
**** Short-term EUR million, final Q3/19 0,0 0,0
- Deposits EUR million, final Q3/19 0,0 0,0
- Debt securities EUR million, final Q3/19 0,0 0,0
- Loans EUR million, final Q3/19 0,0 0,0
- Trade credits and advances EUR million, final Q3/19 0,0 0,0
- Other accounts payable EUR million, final Q3/19 0,0 0,0
**** Long-term EUR million, final Q3/19 0,0 0,0
- Deposits EUR million, final Q3/19 0,0 0,0
- Debt securities EUR million, final Q3/19 0,0 0,0
- Loans EUR million, final Q3/19 0,0 0,0
- Trade credits and advances EUR million, final Q3/19 0,0 0,0
- Other accounts payable EUR million, final Q3/19 0,0 0,0
** General government (S.13) EUR million, final Q3/19 38 397,0 38 319,2
*** Short-term EUR million, final Q3/19 1 912,8 1 150,6
- Deposits EUR million, final Q3/19 0,0 0,0
- Debt securities EUR million, final Q3/19 34,2 125,7
- Loans EUR million, final Q3/19 685,7 617,7
- Trade credits and advances EUR million, final Q3/19 9,8 9,8
- Other accounts payable EUR million, final Q3/19 1 183,1 397,4
*** Long-term EUR million, final Q3/19 36 484,1 37 168,6
- Deposits EUR million, final Q3/19 0,0 0,0
- Debt securities EUR million, final Q3/19 29 701,1 29 727,0
- Loans EUR million, final Q3/19 6 390,9 6 551,7
- Trade credits and advances EUR million, final Q3/19 0,0 0,0
- Other accounts payable EUR million, final Q3/19 392,1 889,9
- SDRs EUR million, final Q3/19 0,0 0,0
** Other sectors (S.1P) EUR million, final Q3/19 19 612,7 19 735,6
*** Short-term EUR million, final Q3/19 6 835,9 6 868,5
- Deposits EUR million, final Q3/19 0,0 0,0
- Debt securities EUR million, final Q3/19 4,6 4,6
- Loans EUR million, final Q3/19 757,1 731,6
- Trade credits and advances EUR million, final Q3/19 5 424,5 5 555,3
- Other accounts payable EUR million, final Q3/19 649,7 577,0
*** Long-term EUR million, final Q3/19 12 776,8 12 867,0
- Deposits EUR million, final Q3/19 0,0 0,0
- Debt securities EUR million, final Q3/19 981,5 945,7
- Loans EUR million, final Q3/19 11 674,1 11 804,2
- Trade credits and advances EUR million, final Q3/19 1,5 1,7
- Other accounts payable EUR million, final Q3/19 119,7 115,4
*** Financial corporations other than MFIs (S.12M) EUR million, final Q3/19 2 900,7 2 875,5
**** Short-term EUR million, final Q3/19 570,8 583,3
- Deposits EUR million, final Q3/19 0,0 0,0
- Debt securities EUR million, final Q3/19 0,0 0,0
- Loans EUR million, final Q3/19 449,5 475,4
- Trade credits and advances EUR million, final Q3/19 9,8 13,5
- Other accounts payable EUR million, final Q3/19 111,4 94,3
**** Long-term EUR million, final Q3/19 2 329,9 2 292,2
- Deposits EUR million, final Q3/19 0,0 0,0
- Debt securities EUR million, final Q3/19 216,0 215,9
- Loans EUR million, final Q3/19 2 003,2 1 961,2
- Trade credits and advances EUR million, final Q3/19 0,0 0,0
- Other accounts payable EUR million, final Q3/19 110,7 115,1
*** Non-financial corporations, households, and non-profit institutions serving households (S.1V) EUR million, final Q3/19 16 712,0 16 860,1
**** Short-term EUR million, final Q3/19 6 265,2 6 285,2
- Deposits EUR million, final Q3/19 0,0 0,0
- Debt securities EUR million, final Q3/19 4,6 4,6
- Loans EUR million, final Q3/19 307,5 256,2
- Trade credits and advances EUR million, final Q3/19 5 414,8 5 541,8
- Other accounts payable EUR million, final Q3/19 538,3 482,7
**** Long-term EUR million, final Q3/19 10 446,8 10 574,9
- Deposits EUR million, final Q3/19 0,0 0,0
- Debt securities EUR million, final Q3/19 765,5 729,8
- Loans EUR million, final Q3/19 9 670,9 9 843,0
- Trade credits and advances EUR million, final Q3/19 1,5 1,7
- Other accounts payable EUR million, final Q3/19 8,9 0,3
*Gross external debt EUR million, final Q3/19 136 638,2 141 626,9
** Short term EUR million, final Q3/19 14 588,3 13 143,4
** Long term EUR million, final Q3/19 64 661,1 64 088,0
** Direct investment (intercompany) debt liabilities EUR million, final Q3/19 57 388,9 64 395,4
** Denominated in foreign currencies EUR million, final Q3/19 102 825,6 107 316,6
** Denominated in Forints EUR million, final Q3/19 33 812,6 34 310,4
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) Dec/19 330,80 333,87
* US Dollar HUF per 1 USD (monthly average) Dec/19 297,63 302,16

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 Q3/19 -6409,1 -210,0 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.