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.
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In the second quarter of 2021 the volume of developments increased by 10.8% compared to the period most affected by the COVID pandemic, namely the same period of the previous year. Investments in machinery and equipment of enterprises in the manufacturing and service sectors were the main contributors to the growth of the performance value. The seasonally adjusted investment volume in the current period increased by 3.6% compared to the previous quarter and was slightly above its highest level, recorded in the 3rd quarter of 2019.
In relation with the coronavirus pandemic the performance of the Hungarian economy decreased by 5.5% in the 1st – 3rd semesters of 2020, this result is replacing the 4-5% growths of the corresponding periods of the previous three years. During the same time the average GDP of the EU-27 states shrunk in a larger degree than the Hungarian one, by 7.0%. The population of Hungary decreased by 29 thousand people between January-October 2020 due to the natural decrease, this number is 5 thousand less year-on-year.