Hungary posted a current account deficit of EUR 0.35 billion in the fourth quarter of 2018, compared to a EUR 0.25 billion surplus in the same period a year earlier, as the goods account shifted to a EUR 0.52 billion gap from a EUR 0.23 billion surplus. Also, the secondary income deficit widened to EUR 0.32 billion from EUR 0.26 billion a year earlier, while the primary income gap narrowed to EUR 1.20 billion from EUR 1.33 million and the services surplus increased to EUR 1.68 billion from EUR 1.62 billion. Considering 2018 full year, the current account surplus narrowed sharply to EUR 0.64 billion from EUR 3.45 billion in 2017. Current Account in Hungary averaged -414.72 EUR Million from 1990 until 2018, reaching an all time high of 2181.33 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 360.00 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 590.00 in 12 months time. In the long-term, the Hungary Current Account is projected to trend around -200.00 EUR Million in 2020, according to our econometric models.

Hungary Current Account
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Calendar GMT Actual Previous Consensus TEForecast
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 €-0.35B €-0.24B €-0.111B € -0.10B
2019-06-21 06:30 AM Current Account €-0.35B €0.36B
2019-09-20 06:30 AM Current Account €-0.32B
2019-12-20 07:30 AM Current Account €-0.29B


Hungary Trade Last Previous Highest Lowest Unit
Balance of Trade 284000.00 123445.24 361431.63 -246914.83 HUF Million [+]
Current Account -348.79 -242.86 2181.33 -2319.51 EUR Million [+]
Current Account to GDP 0.40 3.20 6.10 -10.80 percent [+]
Imports 2616000.00 2761940.19 2990399.88 27000.00 HUF Million [+]
Exports 2900000.00 2885385.43 3079187.55 26300.00 HUF Million [+]
External Debt 106219.70 104954.00 142673.70 22026.90 EUR Million [+]
Terms of Trade 99.04 99.52 104.59 96.04 Index Points [+]
Capital Flows -574.40 -196.20 5007.70 -2908.00 EUR Million [+]
Foreign Direct Investment 2085.30 2433.70 4221.40 -15097.10 EUR Million [+]
Remittances 323.50 347.80 458.20 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 16.00 16.00 46.00 11.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-348.79 -242.86 2181.33 -2319.51 1990 - 2018 EUR Million Quarterly




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -1134.00 Feb/19
Canada -15483.00 Dec/18
China 545.99 Dec/18
Euro Area 15.50 Feb/19
France -778.00 Feb/19
Germany 16300.00 Feb/19
India -16899.55 Dec/18
Indonesia -9148.00 Dec/18
Italy 3252.80 Feb/19
Japan 2676.85 Feb/19
Mexico -3424.00 Dec/18
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 3601.90 Feb/19
Spain -1472.00 Jan/19
Switzerland 15181.70 Dec/18
Turkey -718.00 Feb/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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