National accounts, GDP
National accounts are a system of macro-economic statistical accounts, summarising the economic activities of a particular country, which compares resources with their uses. The data, produced according to the methodology of the European system of national accounts (ESA), are suitable for international comparison, too. The best known and mostly used indicator of the system of accounts is gross domestic product (GDP), the level and volume change of which are key indicators to evaluate the level of development and growth of the economy.
Key figures
GDP volume change
Indicator description
Change in volume of GDP compared to the same period of the previous year. The volume figure published here is unadjusted.
Source of data:
Summary Tables (STADAT)
Last data for period: Q4 2023
Value of GDP per capita, calculated in purchasing power parity
Indicator description
Value of GDP divided by population number, calculated in purchasing power parity. The indicator is suitable for analysing the level of economic development.
Source of data:
Summary Tables (STADAT)
Last data for period: 2022
GNI/GDP ratio
Indicator description
Gross national income (GNI) divided by gross domestic product (GDP). GNI can be derived from GDP. If the value of GNI exceeds that of GDP, then more income flows from abroad to the country than from the country abroad, while in the other way round income outflow occurs.
Source of data:
Summary Tables (STADAT)
Last data for period: 2022
Balance of general government sector as a proportion of GDP
Indicator description
Difference of total revenues and expenditures in proportion of GDP of organisations classified into the general government, in a given quarter.
Source of data:
Summary Tables (STADAT)
Last data for period: Q3 2023
Featured
The Weekly Monitor has been renewed
The HCSO Weekly Monitor is replaced by the HCSO Monitor starting 11 October 2023. The interactive collection of figures, available on the HCSO website, continues to inform about the latest domestic and international social and economic trends, at the same time figures of First Releases have been added to the subjects, as such the content of its categories changed to a certain extent.
The figures of the HCSO Monitor may be downloaded, as before, in image and data formats (PNG, SVG and CSV).
Feel free to browse the latest data of the HCSO!
The figures of the HCSO Monitor may be downloaded, as before, in image and data formats (PNG, SVG and CSV).
Feel free to browse the latest data of the HCSO!
In 4th quarter 2023, economic performance stagnates, changing neither compared to previous quarter nor to 4th quarter 2022, 4th quarter 2023 (second estimate)
Hungary’s gross domestic product was unchanged according to raw data and increased by 0.5% according to seasonally and calendar adjusted and reconciled data in the 4th quarter of 2023 compared to the corresponding period of the previous year. Compared to the previous quarter, the economic performance was unchanged, too, according to seasonally and calendar adjusted and reconciled data. In 2023, gross domestic product was 0.9% lower according to raw data and 0.7% lower according to seasonally and calendar adjusted and reconciled data than in the previous year.
Quarterly non-financial sector accounts, 3rd quarter 2023
Hungary's GDP reached HUF 19,088 billion in the 3rd quarter of 2023. Solely the sector made up by households and non-profit institutions serving households (NPISHs) was a net lender, while the other sectors stood in a net borrowing position in the indicated period. The gross saving rate of households and NPISHs came to 23% and their gross investment rate to 7.8%. The gross profit share of non-financial corporations reached 46% and their gross investment rate 30%.
Statistical Yearbook of Hungary, 2022
Tens of thousands of data of the approximately 500 tables, graphs and maps offer an overview of Hungary’s demographic, social and economic processes, its environmental specifics and their timely changes. Unemployment in the 15–74 age group decreased year-on-year, being 3.6% in 2022. We amass this year commercial, private and other accommodation establishments in one unit, a novelty approach of our publication, providing a better picture about tourist traffic. Tourism nights at accommodation establishments were 39 million 821 thousand in 2022.
National accounts of Hungary, 2022 (2nd preliminary data)
Hungary’s gross domestic product (GDP) at current prices was HUF 66 075 billion in 2022, increasing by 4.6 % at constant prices compared to the previous year. The amount of gross domestic product per capita was HUF 6.8 million, EUR 27 thousand calculated at purchasing power standard. The deficit of the general government sector amounted to HUF 4 126 billion in 2022, 6.2% of GDP, according to the preliminary data of the national accounts.
Hungary, 2022
The processes taken place in 2022 were mainly determined by the uncertain global environment due to the Russia-Ukraine war and the general and considerable price increases worldwide. Despite these challenges, the Hungarian economy's performance expanded by 4.6% year-on-year, above the EU average. Employment reached a new record high and average earnings rose significantly, but the impact of this was gradually eroded by surging inflation. Population decline continued at a lower pace than in the previous year.
Related themes
- Culture, sports
- Education
- External trade and balance of payments
- Government finance
- Investment
- Regional statistics
- Science and technology
Methodological information
First releases |
Latest release | Next release |
---|---|---|
Balance of general government sector, 3rd quarter of 2023 and 1st–3rd quarters of 2023 | 03/01/2024 | 03/04/2024 |
Gross domestic product (GDP), 4th quarter 2023 (flash estimate) | 14/02/2024 | 30/04/2024 |
Gross domestic product (GDP), 4th quarter 2023 (second estimate) | 05/03/2024 | 04/06/2024 |
Publications |
Released |
---|---|
Quarterly non-financial sector accounts, 3rd quarter 2023 | 16/01/2024 |
Hungary, quarters 1-3 of 2023 – On the path of disinflation | 10/01/2024 |
Regional Statistical Yearbook of Hungary, 2022 | 17/01/2024 |
Quarterly non-financial sector accounts, 2nd quarter of 2023 | 19/10/2023 |
Hungary, 1st semester of 2023 – disinflation started | 19/10/2023 |
National accounts of Hungary, 2021 (2nd preliminary data) | 29/09/2023 |
Statistical Yearbook of Hungary, 2022 | 23/11/2023 |
Hungary, 2023 Q1 | 30/08/2023 |
Quarterly non-financial sector accounts, Quarter 1 2023 | 14/07/2023 |
Statistical Pocketbook of Hungary, 2022 | 14/06/2023 |
Hungary, 2022 | 28/06/2023 |
Hungary in figures, 2022 | 11/07/2023 |
Quarterly non-financial sector accounts, Quarter 4 2022 | 13/04/2023 |
Hungary, Quarter 3 2022 | 06/02/2023 |
Quarterly non-financial sector accounts, Quarter 3 2022 | 16/01/2023 |
Regional Statistical Yearbook of Hungary, 2021 | 10/01/2023 |
Release and revision calendarPublication repertory