Business Confidence in Hungary increased to -11.10 points in March from -11.50 points in February of 2021. source: GKI Economic Research Co.

Business Confidence in Hungary averaged -4.64 points from 1996 until 2021, reaching an all time high of 17.30 points in July of 2018 and a record low of -37.70 points in March of 2009. This page provides - Hungary Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Business Confidence - values, historical data and charts - was last updated on April of 2021.

Business Confidence in Hungary is expected to be -10.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Hungary to stand at 1.00 in 12 months time. In the long-term, the Hungary Business Confidence is projected to trend around 4.50 points in 2022 and 8.00 points in 2023, according to our econometric models.

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Hungary Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-11.10 -11.50 17.30 -37.70 1996 - 2021 points Monthly

Hungary Business Last Previous Highest Lowest Unit
Business Confidence -11.10 -11.50 17.30 -37.70 points [+]
Industrial Production 1.90 -6.70 23.50 -36.90 percent [+]
Industrial Production Mom 0.20 -2.70 19.10 -31.30 percent [+]
Manufacturing Production 6.70 3.60 34.80 -38.40 percent [+]
New Orders 95.70 92.20 266.90 50.30 points [+]
Changes in Inventories 113821.00 -22454.00 455433.00 -465318.00 HUF Million [+]
Car Registrations 10892.00 8867.00 21340.00 2425.00 [+]
Internet Speed 14814.21 14300.93 14814.21 2884.96 KBps [+]
IP Addresses 2456014.00 2513970.00 2810081.00 1052005.00 IP [+]
Mining Production -3.90 -17.60 138.30 -50.00 percent [+]
Manufacturing PMI 48.74 48.96 61.12 30.10 points [+]
Steel Production 90.00 111.00 272.00 37.00 Thousand Tonnes [+]
Competitiveness Index 65.08 64.31 65.08 4.21 Points [+]
Competitiveness Rank 47.00 48.00 63.00 38.00 [+]
Capacity Utilization 78.70 79.10 87.90 67.80 percent [+]
Ease of Doing Business 52.00 53.00 54.00 40.00 [+]
Electricity Production 3016.22 2763.63 3727.00 1974.00 Gigawatt-hour [+]
Corruption Index 44.00 44.00 55.00 41.20 Points [+]
Corruption Rank 69.00 70.00 70.00 28.00 [+]


Hungary Business Confidence
In Hungary, GKI Economic Research business confidence index measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. GKI approaches 5-6 thousand companies with legal status employing more than 20 persons each month. Out of them, some 1000-1200 undertakings respond to its questionnaire. .