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 4th quarter of 2021 the volume of investments increased by 0.2% compared to the same period of the previous year, and lessened by 1.6% compared to the previous quarter (seasonally adjusted). Investment was impacted by a decreasing budgetary and household activity and an increase in business development. In 2021, overall investment grew by 4.2% compared to the lower base of a year earlier, being affected by the pandemic.
The performance of the Hungarian economy in the 1st – 3 rd quarters of 2021 surpassed the pandemic related low base of the previous year by 7.1%. Compared with the same period of 2020 consumer prices’ increase was 4.6% in the first ten months of the year, the majority of producer prices grew in an even more significant pace. Due to the growing death numbers, the January – September natural decrease of the population reached 42 thousand, surpassing the data of the previous year by 67%.
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.