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COUNTRY OUTLOOK / HU

Hungary

Base rate · ISO:HU

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Forecast availableTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalBudapest
RegionEurope & Central Asia
Income groupHigh income
CurrencyHungarian forint
GDP$246.49B2025 · current US$
Real GDP growth0.51%2025 · annual %
Population9.51M2025 · people
GDP per capita$25,907.472025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Hungary's largest reported broad sector is services in 2025.

Monetary & research context

Policy authorityISO:HU
Policy frameworkunverified rate framework
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

0.51% · 2025 · annual %

Real GDP growth · annual %-4.34%1.44%7.22%2014: 4.33435364113967 annual %2015: 3.65981615406955 annual %2016: 2.43864141309342 annual %2017: 4.12418389451805 annual %2018: 5.60613813768876 annual %2019: 5.07718495088933 annual %2020: -4.33872540024058 annual %2021: 7.22291580811137 annual %2022: 4.15238057779229 annual %2023: -0.817107370513455 annual %2024: 0.709070599066038 annual %2025: 0.509542309726868 annual %20142025
View annual observations
YearValue (annual %)
20250.510
20240.709
2023-0.817
20224.152
20217.223
2020-4.339
20195.077
20185.606
20174.124
20162.439
20153.660
20144.334
World Bank source & definition ↗

Economy

GDP$246.49B2025 · current US$Source & definition ↗
Real GDP growth0.51%2025 · annual %Source & definition ↗
GDP per capita$25,907.472025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 474.17B2025 · current international $Source & definition ↗

People

Population9.51M2025 · peopleSource & definition ↗
Population growth-0.50%2025 · annual %Source & definition ↗
Urban population70.69%2025 · % of populationSource & definition ↗
Life expectancy76.722024 · yearsSource & definition ↗
Unemployment · ILO estimate4.52%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+60.58%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing2.65%2025 · % of GDPSource & definition ↗
Industry including construction22.97%2025 · % of GDPSource & definition ↗
Services60.06%2025 · % of GDPSource & definition ↗
Manufacturing15.14%2025 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services72.63%2025 · % of GDPSource & definition ↗
Imports of goods & services68.15%2025 · % of GDPSource & definition ↗
Current account balance1.65%2025 · % of GDPSource & definition ↗
Foreign direct investment · net inflows-28.37%2025 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation4.41%2025 · annual %Source & definition ↗
Central government debt81.99%2024 · % of GDPSource & definition ↗
Tax revenue22.74%2024 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector32.37%2024 · % of GDPSource & definition ↗
Total reserves including gold$59.09B2025 · current US$Source & definition ↗

Infrastructure

Internet use93.78%2024 · % of populationSource & definition ↗
Access to electricity100.00%2024 · % of populationSource & definition ↗

Geography

Surface area93,0302023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

i

Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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