Key data points
Last release
—
Observation period
Q2 2024
Next release
—
Forecast
—
Highest
11.70% on Sep 30, 2020
Lowest
−14.50% on Jun 30, 2020
About Hungary GDP Growth Rate
In Hungary, household consumption is the main component of GDP and accounts for 50 percent of its total use, followed by gross fixed capital formation (22 percent) and government expenditure (20 percent). Exports of goods and services account for 89 percent of GDP while imports account for 82 percent, adding 7 percent of total GDP.