National accounts, GDP

If the Visegrad Four (V4) would be considered as one single country, it would be the third most populous state and the fifth largest economy within the EU. Hungary registered the highest median age among the four countries, at the same time the proportion of those using the internet was on average the highest in our country. The economic activity indices of the V4 countries were more favourable than the EU average. The complete publication is available in Hungarian at: TÉR-KÉP, 2024

The volume of Hungary’s gross domestic product was 0.7% higher according to raw data and 0.5% higher according to seasonally and calendar adjusted and reconciled data in the 4th quarter of 2025 than in the corresponding period of the previous year. Compared to the previous quarter, the economic performance grew by 0.2% according to seasonally and calendar adjusted and reconciled data. In 2025, the performance of the economy was 0.4% higher according to raw data and 0.3% higher according to seasonally and calendar adjusted and reconciled data than in the previous year.

The collection of interactive figures provides up-to-date information on the latest domestic and international socio-economic trends. The decisive part of the figures included in HCSO Monitor are downloadable in both image and data formats (PNG, SVG and CSV). Feel free to browse the data in HCSO Monitor, updated many times a week!

The performance of Hungary’s economy surpassed the previous year’s level by 0.3% in the 1st-3rd quarters of 2025. The increasing performance of the services sector and construction as well as growing consumption had a positive impact on GDP. These impacts however have been subdued by the setback of the industry and agriculture, the continuously subdued investment activity. Retail trade volume continued to rise, foreign demand at accommodation establishments increased, too.

According to seasonally and calendar adjusted data, households and non-profit institutions serving households (NPISHs) were in a net lending, while non-financial corporations, financial corporations and general government in a net borrowing position in the 2nd quarter of 2025. The gross saving rate of households and NPISHs came to 17% and their gross investment rate to 5.1%. The gross profit share of non-financial corporations reached 39% and their gross investment rate 27%.

Hungary’s gross domestic product (GDP) at current prices was HUF 81,447.7 billion in 2024, increasing by 0.6% at constant prices compared to the previous year. The amount of gross domestic product per capita was HUF 8.5 million, or EUR 30,391 in purchasing power standard. The deficit of the general government sector was HUF 4,089.6 billion, or 5.0% of GDP, according to the preliminary data of national accounts.

The yearbook provides an overview of Hungary's demographic, social and economic trends, environmental characteristics and their changes over time, with the help of tens of thousands of data in some 500 tables, charts and maps. In the chapter devoted to earnings and incomes, it is a novelty compared to previous years that net earnings in which allowances and types of exemptions are accounted for, too, came into focus from 2019. In the number of employees, people working in working time shorter than 60 working hours per month are also taken into account. In addition, the theme of environment is completed with areas declared world heritage sites by UNESCO.

Hungary’s GDP increased by 0.5% amid global challenges in 2024. The performance of goods-producing industries lessened, while that of service-providing ones rose, which shows the duality of economic trends. Household consumption picked up, which was considerably encouraged by the purchasing power of earnings growing again with the inflationary wave calming down. Besides, the data series reveal that the level of employment reached another peak.