3.7.1.1. Balance of payments – BPM5 (2009–2013)*(2/3)

(million EUR)

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Denomination 2011 2012
Quarter 1 Quarter 2 Quarter 3 Quarter 4 Quarter 1 Quarter 2 Quarter 3 Quarter 4
1. Goods, net 1 106 804 604 597 753 1 211 1 009 496
1.1. Exports 18 681 18 534 18 409 18 847 18 653 19 104 18 944 18 953
1.2. Imports 17 575 17 730 17 806 18 250 17 900 17 893 17 935 18 458
2. Services
revenues 3 470 4 080 4 346 3 914 3 541 3 959 4 438 3 992
expenditures 3 022 3 028 3 301 3 286 2 889 3 027 3 303 3 350
net 448 1 052 1 046 627 652 932 1 136 643
Of which:
2.2. Tourism
revenues 723 1 100 1 313 894 713 939 1 282 846
expenditures 371 414 605 392 319 362 540 316
net 352 687 708 502 395 577 742 529
3. Incomes, net -1 520 -1 750 -1 600 -1 542 -1 400 -1 676 -1 518 -1 813
3.1. Compensation of employees, net 184 198 197 181 194 198 210 207
3.2. Direct investments income, net -1 192 -1 235 -1 187 -1 134 -981 -1 027 -1 114 -1 378
3.3. Portfolio investments income, net -207 -405 -260 -238 -284 -524 -311 -367
3.4. Other investments income, net -305 -307 -350 -350 -329 -324 -303 -274
4. Unrequited current transfers, net -35 103 203 275 -266 54 18 597
I. Current account, net -1 209 253 -43 -260 521 643 -78
II. Capital account, net 465 386 743 691 415 477 578 1 106
III. Financial account, neta 2 667 1 117 1 098 -1 796 -2 423 -1 474 -2 756 -1 622
7. Direct investments, net 202 -206 -340 1 335 463 -500 796 1 292
7.1. Abroad -134 47 -241 -2 813 -3 569 -1 778 -737 -2 715
7.2. In Hungary 336 -253 -99 4 148 4 032 1 278 1 533 4 007
8. Portfolio investments, netb 3 884 1 819 2 056 -1 182 391 -663 1 926 209
8.1. Assets, net -313 -50 1 524 462 130 228 243 126
8.2. Liabilities, net 4 197 1 869 532 -1 644 261 -890 1 683 83
9. Financial derivatives -362 301 -355 -372 -233 -117 160 463
10. Other investments, net -1 057 -797 -263 -1 578 -3 044 -195 -5 638 -3 586
10.1. Assets, net 1 086 143 -85 574 772 1 750 -1 029 460
10.2. Liabilities, net -2 143 -941 -178 -2 152 -3 816 -1 945 -4 609 -4 046
IV. Net errors and omissions -712 -441 -816 52 -539 966 645 450
V. Overall Balance (I+II+III+IV) 2 420 1 272 1 278 -1 096 -2 808 490 -889 -144
VI. International reserves ( "-" increase) -2 420 -1 272 -1 278 1 096 2 808 -490 889 144
*Source: National Bank of Hungary.  aExcluding international reserves.  bIncluding financial derivatives until 2007. 

© Hungarian Central Statistical Office, 2011