Hungary's current account surplus narrowed sharply to EUR 0.16 billion in the September quarter of 2018 from EUR 1 billion in the same period a year earlier. It was the smallest current account surplus since the fourth quarter 2014, as the goods account posted a deficit of EUR 0.90 billion, swinging from a EUR 0.20 billion surplus a year ago. Also, the primary income gap widened to EUR 1.26 billion (from EUR 1.18 million). Meantime, the secondary income shifted to a EUR 0.05 billion surplus from a EUR 0.23 billion deficit in the third quarter of 2017 and the services account surplus went up to EUR 2.26 billion (from EUR 2.20 billion a year before). Current Account in Hungary averaged -404 EUR Million from 1990 until 2018, reaching an all time high of 2182.70 EUR Million in the third quarter of 2016 and a record low of -2319.51 EUR Million in the fourth quarter of 2008.

Current Account in Hungary is expected to be 550.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Hungary to stand at 724.20 in 12 months time. In the long-term, the Hungary Current Account is projected to trend around 320.00 EUR Million in 2020, according to our econometric models.

Hungary Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-23 07:30 AM Current Account €0.2B €0.78B €0.738B €0.69B
2018-06-21 06:30 AM Current Account €1.027B €0.43B €1.1B
2018-09-20 06:30 AM Current Account €0.78B €0.84B €1.7B
2018-12-20 07:30 AM Current Account €0.16B €0.93B €0.8B
2019-03-25 07:30 AM Current Account €0.16B € 0.55B
2019-06-21 06:30 AM Current Account € 1.2B
2019-09-20 06:30 AM Current Account


Hungary Trade Last Previous Highest Lowest Unit
Balance of Trade 129000.00 153776.11 361431.63 -246914.83 HUF Million [+]
Current Account 155.71 929.18 2182.70 -2319.51 EUR Million [+]
Current Account to GDP 3.20 6.20 6.20 -10.80 percent [+]
Imports 2345000.00 2901010.28 2969766.12 27000.00 HUF Million [+]
Exports 2474000.00 3054786.40 3080360.00 26300.00 HUF Million [+]
External Debt 104954.00 105322.07 142673.70 22026.90 EUR Million [+]
Terms of Trade 98.67 98.04 104.59 96.04 Index Points [+]
Capital Flows 90.40 1893.80 5007.70 -2908.00 EUR Million [+]
Foreign Direct Investment 2138.80 317.60 4221.40 -15097.10 EUR Million [+]
Remittances 347.80 397.60 453.60 46.20 EUR Million [+]
Gold Reserves 31.50 31.50 31.50 0.00 Tonnes [+]
Terrorism Index 0.36 0.84 2.32 0.00 [+]
Crude Oil Production 15.00 16.00 46.00 11.00 BBL/D/1K [+]

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Hungary Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Hungary Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hungary Current Account - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
155.71 929.18 2182.70 -2319.51 1990 - 2018 EUR Million Quarterly




Country Last Previous
Argentina -7591.00 Sep/18
Australia -10688.00 Sep/18
Brazil -815.00 Dec/18
Canada -10343.00 Sep/18
China 546.00 Dec/18
Euro Area 32.99 Dec/18
France -1117.00 Dec/18
Germany 21000.00 Dec/18
India -19100.00 Sep/18
Indonesia -9148.00 Dec/18
Italy 4211.00 Dec/18
Japan 452.80 Dec/18
Mexico -5081.50 Sep/18
Netherlands 20484.80 Sep/18
Russia 38800.00 Dec/18
Saudi Arabia 29583.00 Sep/18
Singapore 17796.10 Dec/18
South Africa -176577.00 Sep/18
South Korea 4819.30 Dec/18
Spain 1770.00 Nov/18
Switzerland 14596.00 Sep/18
Turkey -1437.00 Dec/18
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


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