Hungary: Economic and Financial Data

Date of last update: 6 July 2022

This page is updated whenever new data are released.

The data shown in this page correspond to the data described on the International Monetary Fund’s Dissemination Standards Bulletin Board (DSBB). For a fuller explanation of the DSBB and the statistical standards to which Hungary has committed, please click on DSBB Home Page.

Unless otherwise indicated, data are preliminary when first released and are not seasonally adjusted.

Comma (,) represents decimal point delimiter.

Figures may not sum due to rounding.

Acronyms used: HUF – Hungarian Forint; BUX – Budapest Stock Exchange Index

Real Sector

SDDS data category and component Unit description Observations More info
Period of latest data Latest data Data for previous period % change from same period last year
National accounts www.ksh.hu/stadat
New data according to ESA2010
* GDP at current market prices HUF billion Q1/22 13 647,8 15 795,4
** Household final consumption expenditure HUF billion Q1/22 7 101,7 7 065,6
** Social transfer in kind from government HUF billion Q1/22 1 452,5 1 520,7
** Social transfer in kind from NPISHs HUF billion Q1/22 299,1 294,4
** Actual final consumption of households HUF billion Q1/22 8 853,3 8 880,7
** Actual final consumption of government HUF billion Q1/22 1 839,7 1 796,3
** Actual final consumption, total HUF billion Q1/22 10 693,1 10 677,0
** Gross fixed capital formation HUF billion Q1/22 3 132,7 4 449,7
** Exports HUF billion Q1/22 12 880,9 12 163,3
** Imports HUF billion Q1/22 13 354,5 12 491,3
** External balance of goods and services HUF billion Q1/22 -473,6 -328,0
** Changes in inventories HUF billion Q1/22 284,0 980,9
* GDP at constant prices HUF billion at 2015 prices Q1/22 10 027,7 11 483,8 8,2 www.ksh.hu/stadat
www.ksh.hu/stadat
** Household final consumption expenditure HUF billion Q1/22 5 386,1 5 628,2 14,1
** Social transfer in kind from government HUF billion Q1/22 884,0 862,7 1,9
** Social transfer in kind from NPISHs HUF billion Q1/22 211,3 220,6 1,5
** Actual final consumption of households HUF billion Q1/22 6 470,4 6 687,5 11,5
** Actual final consumption of government HUF billion Q1/22 1 114,0 1 245,0 6,4
** Actual final consumption, total HUF billion Q1/22 7 586,7 7 939,9 10,6
** Gross fixed capital formation HUF billion Q1/22 1 991,9 3 048,2 13,2
** Exports HUF billion Q1/22 10 184,3 9 952,8 5,2
** Imports HUF billion Q1/22 9 903,0 9 758,6 8,3
** External balance of goods and services HUF billion Q1/22 n.d. n.d. n.d.
** Changes in inventories HUF billion Q1/22 n.d. n.d. n.d.
Production index
* Volume of gross industrial output seasonally and working-days adjusted, 2015 monthly average = 100,0 May/22 124,5 122,8 3,3 www.ksh.hu/stadat
Labor market
Notes: From December 2014, grossing up of LFS data is based on the adjusted population number of the 2011 census. To ensure comparability previous estimates have been modified by the new weighting system dating back to 2006.
* Employment persons, thousand final May/22 4 686,1 4 687,7 www.ksh.hu/first_release
www.ksh.hu/stadat
* Unemployment persons, thousand final May/22 168,5 176,3 www.ksh.hu/first_release
www.ksh.hu/stadat
% of labor force May/22 3,5 3,6
* Wages/earnings average monthly gross earnings in HUF Apr/22 507 488 511 366 15,2 www.ksh.hu/first_release
www.ksh.hu/stadat
Price indices
* Consumer prices December previous year=100,0 final May/22 106,9 105,2 www.ksh.hu/first_release
www.ksh.hu/stadat
* Producer prices December previous year=100,0 final May/22 112,8 109,9 www.ksh.hu/first_release
www.ksh.hu/stadat

Fiscal Sector

SDDS data category and component Unit description Observations More info
Period of latest data Latest data Data for previous period % change from same period last year
General government operations Ministry of Finance
* Total revenues HUF million 2020 20 685 771 20 273 630 2 Data refers to audited cash based final fiscal accounts data approved by the Parliament and used as working balance for compilation 2016 October EDP Notification. Data are consolidated and include local government data as well.
* Total expenditures HUF million 2020 26 108 293 21 477 857 22
* General government surplus/deficit HUF million 2020 -5 422 522 -1 204 228 350
* Total financing HUF million 2020 5 422 522 1 204 228 350
** Foreign debt financing HUF million 2020 1 699 789 -549 156 -410
** Domestic debt financing HUF million 2020 4 871 472 1 455 025 235
*** Bonds HUF million 2020 4 791 683 441 100 986
*** Treasury bills HUF million 2020 98 551 978 286 -90
*** Loans HUF million 2020 -18 762 35 639 -153
** Other financing HUF million 2020 -1 148 739 298 359 -485
Central government operations Ministry of Finance
* Total revenues HUF million May/22 2 376 065 2 766 980 28,0
* Total expenditures HUF million May/22 2 477 507 3 093 145 16,6
* Central government surplus/deficit HUF million May/22 -101 442 -326 166 -62,3
* Total financing HUF million May/22 101 442 326 166 -62,3
** Foreign debt financing HUF million May/22 -7 723 0 -163,3
** Domestic debt financing HUF million May/22 248 616 308 604 -23,3
*** Bonds HUF million May/22 298 196 59 959 2,2
*** Treasury bills HUF million May/22 -49 580 248 645 -252,2
*** Loans HUF million May/22 0 0 0,0
** Other financing HUF million May/22 -139 451 17 562 106,5
Central government debt Government Debt Management Agency Pte. Ltd.
*** Total domestic currency debt HUF billion Q1/22 33 471 32 121
- short-term HUF billion Q1/22 2 188 1 758
- long-term HUF billion Q1/22 31 282 30 363
**** Loans HUF billion Q1/22 1 305 1 308
**** Government securities HUF billion Q1/22 32 165 30 813
*** Total foreign currency debt HUF billion Q1/22 8 676 8 395
- short-term HUF billion Q1/22 0 0
- long-term HUF billion Q1/22 8 676 8 395
**** Loans HUF billion Q1/22 1 403 1 345
**** Government securities HUF billion Q1/22 7 273 7 050
** Total outstanding debt HUF billion Q1/22 42 147 40 516
**Mark-to-market deposits placed at AKK and other liabilities HUF billion Q1/22 187 181
*Grand total central government debt HUF billion Q1/22 42 333 40 697
** Guaranteed debt HUF billion Q1/22 n.d. 6 474 Not available yet for 31/03/2022

Financial Sector

SDDS data category and component Unit description Observations More info
Period of latest data Latest data Data for previous period % change from same period last year
Analytical accounts of the banking sector Magyar Nemzeti Bank
* Monetary aggregates
** M1 HUF billion May/22 33 939,8 34 082,9
** M2 HUF billion May/22 40 005,4 39 874,1
** M3 HUF billion May/22 40 139,1 39 981,3
** Loans to residents HUF billion May/22 22 547,6 22 102,2
** Loans to general government HUF billion May/22 547,5 530,1
** Loans to other residents HUF billion May/22 22 000,1 21 572,0
** Net external assets HUF billion May/22 -543,9 -362,5
Analytical accounts of the central bank Magyar Nemzeti Bank
* Monetary base HUF billion May/22 9 177,0 9 192,9
* Loans to general government1 HUF billion May/22 80,7 147,0 In the case of the MNB it means only central government.
* Loans to other residents2 HUF billion May/22 5 666,8 5 742,1
* Net external assets HUF billion May/22 10 688,1 10 274,2
Interest rates
* Base rate of the NBH % per annum Jun/22 7,75 5,90 For daily data please click on:
Magyar Nemzeti Bank
* Overnight interbank lending rate % per annum May/22 5,69 5,10 Magyar Nemzeti Bank
* 1 month interbank lending rate % per annum May/22 6,48 6,26
Yields on Treasury bills and Government Bonds Average yield at auctions and subscription
Benchmark yields
Corporate Magyar Nemzeti Bank
* Short-term lending rates % per annum May/22 5,13 5,04
* Short-term deposit rates % per annum May/22 5,03 4,80
Household Magyar Nemzeti Bank
* Lending rates % per annum May/22 7,32 7,24 Notes: Changes in interest rates in March 2015 related to the conversation of foreign currency loans into HUF, which are priced from February 2015 to apply the 2014 Act LXXVIII.
* Sight deposit rates % per annum May/22 0,11 0,11
Financial soundness indicators International Monetary Fund
Stock market index (SPI) BUX
02/01/1991=1000
May/22 39 397,41 43 469,84 For daily data please click on:
http://www.bse.hu

External Sector

SDDS data category and component Unit description Observations More info
Period of latest data Latest data Data for previous period % change from same period last year
Balance of payments Magyar Nemzeti Bank
* Current account balance EUR million, final Q1/22 -2 030,9 -2 344,3
** Exports of goods and services EUR million, final Q1/22 35 377,4 33 391,9
** Imports of goods and services EUR million, final Q1/22 36 628,7 34 291,2
** Primary income, net EUR million, final Q1/22 -461,3 -1 198,5
** Secondary income, net EUR million, final Q1/22 -318,3 -246,5
* Capital account, net EUR million, final Q1/22 1 766,4 1 878,1
* Financial account, net assets EUR million, final Q1/22 -2 195,4 -1 524,1
**Direct investment, net assets EUR million, final Q1/22 1 974,9 -1 593,9
**Portfolio investment, net assets EUR million, final Q1/22 408,7 832,7
** Financial derivatives (other than reserves), net assets EUR million, final Q1/22 -651,4 -661,0
**Other investment, net assets EUR million, final Q1/22 -2 336,6 376,6
* Reserve assets EUR million, final Q1/22 -1 591,0 -478,6
International reserves Magyar Nemzeti Bank
* Total reserve assets USD million May/22 36 539 36 268 Notes: At market price including accrued interest. Preliminary data. The following factors played the most important role in the decrease of international reserve assets in March 2016. The effect of foreign currency operations of the ĮKK (Government Debt Management Agency) and the MĮK (Hungarian State Treasury) was about -1.2 billion euros, the major part of which was related to the redemption of the GBP denominated Government Bond. The remaining change was explained mostly by the decrease of the margin account of the ĮKK held at the MNB related to cross-currency exchange rate changes. Redemptions of central bank swap contracts related to the phasing out of households’ FX loans decreased the level of reserve assets by 2.9 billion euros. Furthermore, other factors contributed to the decline of reserve assets to a minor extent (e.g. revaluation effects related to exchange rate changes).
**Foreign currency reserves (currency and deposits, and securities) USD million May/22 27 992 27 494
** Monetary gold USD million May/22 5 629 5 815
**SDRs USD million May/22 2 512 2 496
**Reserve position in the IMF USD million May/22 406 404
**Other reserve assets (other claims) USD million May/22 0 60
International reserves and foreign currency liquidity EUR million May/22 Magyar Nemzeti Bank
Merchandise trade www.ksh.hu/stadat
* Total exports USD million, f.o.b. Apr/22 11 963 13 374 1,6
* Total imports USD million, c.i.f. Apr/22 12 483 14 155 9,8
International investment position Magyar Nemzeti Bank
* Assets EUR million, final Q1/22 531 233,4 521 482,1
** Direct investment EUR million, final Q1/22 427 223,1 421 930,8
** Portfolio investment EUR million, final Q1/22 16 299,0 17 272,1
- equity and investment fund shares EUR million, final Q1/22 12 141,1 12 692,8
- debt securities EUR million, final Q1/22 4 157,9 4 579,3
** Financial derivatives EUR million, final Q1/22 6 644,5 4 525,2
** Other investment (assests) EUR million, final Q1/22 44 095,7 39 377,2
- short-term EUR million, final Q1/22 32 553,6 28 660,6
- long-term EUR million, final Q1/22 10 938,1 10 135,7
** Reserve assets EUR million, final Q1/22 36 971,2 38 376,9
* Liabilities EUR million, final Q1/22 597 339,7 589 270,7
** Direct investment EUR million, final Q1/22 481 492,1 477 136,9
** Portfolio investment EUR million, final Q1/22 45 340,9 50 276,2
- equity and investment fund shares EUR million, final Q1/22 12 103,0 15 466,8
- debt securities EUR million, final Q1/22 33 237,9 34 809,4
** Financial derivatives EUR million, final Q1/22 6 079,2 4 277,4
** Other investment (liabilities) EUR million, final Q1/22 64 427,5 57 580,3
- short-term EUR million, final Q1/22 26 907,1 21 409,8
- long-term EUR million, final Q1/22 37 506,6 36 156,6
Gross external debt Magyar Nemzeti Bank
* Direct investment: Debt instruments EUR million, final Q1/22 149 067,5 144 820,0
** In direct investment enterprises EUR million, final Q1/22 58 433,6 55 297,6
** In direct investor (reverse investment) EUR million, final Q1/22 1 646,6 1 737,2
*** Between fellow enterprises EUR million, final Q1/22 88 987,3 87 785,1
* Other debt EUR million, final Q1/22 97 651,6 92 375,8
** Central bank (S.121) EUR million, final Q1/22 15 553,9 16 715,0
*** Short-term EUR million, final Q1/22 9 137,0 10 491,4
- Deposits EUR million, final Q1/22 394,3 443,4
- Debt securities EUR million, final Q1/22 1 402,2 2 048,1
- Loans EUR million, final Q1/22 7 340,4 7 999,9
- Trade credits and advances EUR million, final Q1/22 0,0 0,0
- Other accounts payable EUR million, final Q1/22 0,0 0,0
*** Long-term EUR million, final Q1/22 6 416,9 6 223,5
- Deposits EUR million, final Q1/22 2 873,1 2 701,8
- Debt securities EUR million, final Q1/22 0,0 0,0
- Loans EUR million, final Q1/22 0,0 0,0
- Trade credits and advances EUR million, final Q1/22 0,0 0,0
- Other accounts payable EUR million, final Q1/22 0,0 0,0
- SDRs EUR million, final Q1/22 3 543,8 3 521,8
** Other MFIs (S.12T) EUR million, final Q1/22 20 069,8 15 618,3
*** Short-term EUR million, final Q1/22 7 621,1 4 388,2
- Deposits EUR million, final Q1/22 5 768,8 4 064,5
- Debt securities EUR million, final Q1/22 2,0 1,5
- Loans EUR million, final Q1/22 1 721,0 271,5
- Trade credits and advances EUR million, final Q1/22 4,6 6,0
- Other accounts payable EUR million, final Q1/22 124,6 44,8
*** Long-term EUR million, final Q1/22 12 448,7 11 230,0
- Deposits EUR million, final Q1/22 5 987,1 5 272,2
- Debt securities EUR million, final Q1/22 2 601,2 2 082,0
- Loans EUR million, final Q1/22 3 860,5 3 875,9
- Trade credits and advances EUR million, final Q1/22 0,0 0,0
- Other accounts payable EUR million, final Q1/22 0,0 0,0
*** Deposit-taking corporations except the central bank (S.122) EUR million, final Q1/22 20 069,8 15 618,3
**** Short-term EUR million, final Q1/22 7 621,1 4 388,2
- Deposits EUR million, final Q1/22 5 768,8 4 064,5
- Debt securities EUR million, final Q1/22 2,0 1,5
- Loans EUR million, final Q1/22 1 721,0 271,5
- Trade credits and advances EUR million, final Q1/22 4,6 6,0
- Other accounts payable EUR million, final Q1/22 124,6 44,8
**** Long-term EUR million, final Q1/22 12 448,7 11 230,0
- Deposits EUR million, final Q1/22 5 987,1 5 272,2
- Debt securities EUR million, final Q1/22 2 601,2 2 082,0
- Loans EUR million, final Q1/22 3 860,5 3 875,9
- Trade credits and advances EUR million, final Q1/22 0,0 0,0
- Other accounts payable EUR million, final Q1/22 0,0 0,0
*** Money market funds (S.123) EUR million, final Q1/22 0,0 0,0
**** Short-term EUR million, final Q1/22 0,0 0,0
- Deposits EUR million, final Q1/22 0,0 0,0
- Debt securities EUR million, final Q1/22 0,0 0,0
- Loans EUR million, final Q1/22 0,0 0,0
- Trade credits and advances EUR million, final Q1/22 0,0 0,0
- Other accounts payable EUR million, final Q1/22 0,0 0,0
**** Long-term EUR million, final Q1/22 0,0 0,0
- Deposits EUR million, final Q1/22 0,0 0,0
- Debt securities EUR million, final Q1/22 0,0 0,0
- Loans EUR million, final Q1/22 0,0 0,0
- Trade credits and advances EUR million, final Q1/22 0,0 0,0
- Other accounts payable EUR million, final Q1/22 0,0 0,0
** General government (S.13) EUR million, final Q1/22 37 158,9 38 167,8
*** Short-term EUR million, final Q1/22 708,9 555,9
- Deposits EUR million, final Q1/22 0,0 0,0
- Debt securities EUR million, final Q1/22 100,8 13,1
- Loans EUR million, final Q1/22 583,0 489,3
- Trade credits and advances EUR million, final Q1/22 3,2 3,3
- Other accounts payable EUR million, final Q1/22 21,9 50,1
*** Long-term EUR million, final Q1/22 36 450,0 37 611,9
- Deposits EUR million, final Q1/22 0,0 0,0
- Debt securities EUR million, final Q1/22 27 273,3 28 709,3
- Loans EUR million, final Q1/22 7 864,8 7 702,4
- Trade credits and advances EUR million, final Q1/22 0,0 0,0
- Other accounts payable EUR million, final Q1/22 1 311,8 1 200,2
- SDRs EUR million, final Q1/22 0,0 0,0
** Other sectors (S.1P) EUR million, final Q1/22 24 869,1 21 874,7
*** Short-term EUR million, final Q1/22 10 945,2 8 040,9
- Deposits EUR million, final Q1/22 0,0 0,0
- Debt securities EUR million, final Q1/22 0,0 4,0
- Loans EUR million, final Q1/22 1 821,5 1 259,5
- Trade credits and advances EUR million, final Q1/22 7 865,1 6 299,8
- Other accounts payable EUR million, final Q1/22 1 258,5 477,7
*** Long-term EUR million, final Q1/22 13 923,9 13 833,8
- Deposits EUR million, final Q1/22 0,0 0,0
- Debt securities EUR million, final Q1/22 1 858,4 1 951,4
- Loans EUR million, final Q1/22 11 910,3 11 750,3
- Trade credits and advances EUR million, final Q1/22 2,0 2,2
- Other accounts payable EUR million, final Q1/22 153,2 130,0
*** Financial corporations other than MFIs (S.12M) EUR million, final Q1/22 3 164,0 2 849,4
**** Short-term EUR million, final Q1/22 1 283,1 887,9
- Deposits EUR million, final Q1/22 0,0 0,0
- Debt securities EUR million, final Q1/22 0,0 0,0
- Loans EUR million, final Q1/22 964,6 753,5
- Trade credits and advances EUR million, final Q1/22 14,1 8,3
- Other accounts payable EUR million, final Q1/22 304,4 126,0
**** Long-term EUR million, final Q1/22 1 880,9 1 961,5
- Deposits EUR million, final Q1/22 0,0 0,0
- Debt securities EUR million, final Q1/22 153,0 163,0
- Loans EUR million, final Q1/22 1 621,0 1 677,0
- Trade credits and advances EUR million, final Q1/22 0,0 0,0
- Other accounts payable EUR million, final Q1/22 106,9 121,4
*** Non-financial corporations, households, and non-profit institutions serving households (S.1V) EUR million, final Q1/22 21 705,1 19 025,4
**** Short-term EUR million, final Q1/22 9 662,1 7 153,0
- Deposits EUR million, final Q1/22 0,0 0,0
- Debt securities EUR million, final Q1/22 0,0 4,0
- Loans EUR million, final Q1/22 856,9 505,9
- Trade credits and advances EUR million, final Q1/22 7 851,0 6 291,4
- Other accounts payable EUR million, final Q1/22 954,1 351,7
**** Long-term EUR million, final Q1/22 12 043,0 11 872,3
- Deposits EUR million, final Q1/22 0,0 0,0
- Debt securities EUR million, final Q1/22 1 705,4 1 788,3
- Loans EUR million, final Q1/22 10 289,3 10 073,3
- Trade credits and advances EUR million, final Q1/22 2,0 2,2
- Other accounts payable EUR million, final Q1/22 46,3 8,6
*Gross external debt EUR million, final Q1/22 246 719,1 237 195,8
** Short term EUR million, final Q1/22 28 412,1 23 476,5
** Long term EUR million, final Q1/22 69 239,5 68 899,3
** Direct investment (intercompany) debt liabilities EUR million, final Q1/22 149 067,5 144 820,0
** Denominated in foreign currencies EUR million, final Q1/22 214 451,8 206 581,6
** Denominated in Forints EUR million, final Q1/22 32 267,4 30 614,3
Exchange rates For daily data please click on:
Magyar Nemzeti Bank
* Euro HUF per 1 Euro (monthly average) Jun/22 397,02 384,50
* US Dollar HUF per 1 USD (monthly average) Jun/22 375,63 363,62

Population

SDDS data category and component Unit description Observations More info
Period of latest data Latest data Data for previous period % change from same period last year
Population persons, thousand Jan/22 9 689 9 731 www.ksh.hu/stadat

Non-SDDS Data

SDDS data category and component Unit description Observations More info
Period of latest data Latest data Data for previous period % change from same period last year
Balance of payments
* Non-debt creating financing, net assets EUR million, final Q1/22 7 887,4 -3 490,3 Magyar Nemzeti Bank

FOOTNOTES:

1) Claims on central government.

2) Claims on banks, non-bank financial institutions and non-financial institutions - private and public.

3) Gold is valued at the spot price announced on the Reuters page EFX=prevailing at 11 a.m. CET on the reference date at the end of each month.