Investment is defined in economics as creating or purchasing means of production, by which an economic actor obtains its goods supporting production and operation. Considered for a given period it means the expansion or modernisation of its capital, namely its stock of production means. Statistics on investments refer to the value of new and used investments, and are broken down by material-technical composition, by section and region.
Investments, change in volume
Change of volume in the performance value of new investments realised by the economic operators compared to the same period of the previous year.
It is exceptionally important to us to provide more up-to-date information on the social and economic developments in our country, in addition to our regular and detailed publications. Our WEEKLY MONITOR provides insights into trends in key areas through weekly, monthly and quarterly data from our interactive chart collection. Most WEEKLY MONITOR charts can also be downloaded in image and data formats (PNG, SVG and CSV).
In the 3rd quarter of 2022 the volume of developments increased by 7.7% compared to the same period of the previous year, and by 1.9% compared to the previous quarter (seasonally adjusted). The quickening was caused by the dynamic activity of households and businesses, while budgetary developments decreased. Manufacturing developments, having a dominant weight, as well as energy industry and housing investments increased the investments of the national economy, while transportation and storage, furthermore agriculture related investments held them back.
The economic performance of Hungary surpassed in the 1st semester of 2022 the one year earlier level by 7.3%. Consumer prices year-on-year increase in the first seven months was 10%, producer prices, characteristically, grew at a several times faster pace. Compared to the high base caused by the pandemic, the number of deaths decreased by 14%, the natural decrease of the population in January-June 2022 amounted to 27 thousand people, 26% fewer year-on-year.
The approximately 500 tables, graphs and maps and tens of thousands of data the Statistical Yearbook of Hungary contains give, for almost one and a half century, an overview of the social and economic processes of the country in the given year. Besides paying attention to the ever changing socio-economic environment and user demands we always strive to share new information: the health chapter broadened this year with indices regarding outpatient care, time series of healthcare expenses, life expectancy in good health and the number of Covid19 infected people.
2021 was the recovery year from the COVID-19 pandemic, the economy restarted, its performance –following the 2020 setback – surpassed the previous year’s by 7.1%. The pocketbook, published every spring, offers through its tables an insight into the 2021 developments of Hungary’s social, economic processes.
Our publication, also highlighting the main effects of the pandemic, gives an overview of the social and economic trends in Hungary in 2020, including a 5% drop in GDP, putting us in the middle of the EU ranking, taking into use 28,000 new homes, the highest number since 2009, a nearly threefold increase in the share of people working remotely or from home as compared to the average for the past 10 years, a 42% increase in the value of mail order and internet retailing, and fewer accidents on the roads.