wiiw Forecast Reports

HUNGARY: EU co-financed investment boom, surging wages, shrinking trade surplus


Sandor Richter

in: Riding the Global Growth Wave
wiiw Forecast Report No. Spring 2018, March 2018 , pp. 98-101

The current report is only available to members and paying customers. Past issues become freely available online when the next report is released.

Hardcopy 10 add to cart  
Download 10 add to cart  

Shipping Costs

Economic growth in 2017 amounted to 4%, with household consumption growing quicker than GDP, reflecting the dynamic expansion of real wages. Investments increased by about 20% as a direct consequence of the accelerated allocation of EU cohesion policy-related resources to recipients. The other side of the coin was the strong deterioration in the foreign trade balance. Economic growth remains dynamic this year, though a deceleration is expected from 2019 on, closely related to the depletion of EU resources due to a deliberate excessive utilisation of the respective resources in 2017-2019.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Hungary