Given the huge economic uncertainty generated by the spread of the coronavirus in Europe, we are currently only publishing headline real GDP growth forecasts for our countries. We will produce a full update of our forecasts as soon as is realistically possible.

map Hungary
Main Economic Indicators201720182019202020212022
Population, 1000 persons978897769720...
GDP, real change in %
GDP per capita (EUR at PPP)206002190023500...
Gross industrial production, real change in %
Unemployment rate - LFS, in %, average4.23.73.4...
Average gross monthly wages, EUR96110351131...
Consumer prices, % p.a.
Fiscal balance in % of GDP-2.4-2.3-1.7...
Public debt in % of GDP72.970.269.1...
Current account in % of GDP2.30.0-0.8...
FDI inflow, EUR mn704988222919...
Gross external debt in % of GDP84.080.472.8...

Basic data are continuously updated.

* Forecasts are changed beginning of March, July and November.
See Press Conferences.

Forecasts as of March 2020 considering the effect of COVID-19 with a severe scenario. Due to this uncertain situation we only offer forecasts for GDP.


HUNGARY: After three years of high growth, what next?

Sandor Richter
in: Uncertainty in Turbulent Times
wiiw Forecast Report No. Spring 2020, March 2020 , pp. 91-94
Details and Buy


Monthly Report No. 10/2019

Richard Grieveson, Julia Grübler, Sebastian Petric and Leon Podkaminer
wiiw Monthly Report No. 10, October 2019
42 pages including 29 Figures