Hungary’s current account surplus narrowed to EUR 0.33 billion in the first quarter of 2019 from a EUR 0.67 billion surplus in the same period a year earlier. The goods account surplus declined to EUR 0.15 billion from EUR 0.23 billion while the services surplus edged up to EUR 1.61 billion from EUR 1.58 billion. In addition, the secondary income deficit widened to EUR 0.40 billion from EUR 0.18 billion a year earlier and the primary income gap increased to EUR 1 billion from EUR 0.96 billion. 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
2018-09-20 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 €0.33B €-0.43B €-0.111B €0.36B
2019-09-20 06:30 AM Current Account €0.33B €-0.32B
2019-12-20 07:30 AM Current Account €-0.29B


Hungary Trade Last Previous Highest Lowest Unit
Balance of Trade 223532.27 85429.16 361431.63 -246914.83 HUF Million [+]
Current Account 328.90 -426.00 2181.33 -2319.51 EUR Million [+]
Current Account to GDP 0.40 3.20 6.10 -10.80 percent [+]
Imports 2831983.60 2753493.00 2990399.88 27000.00 HUF Million [+]
Exports 3055515.87 2838922.16 3079187.55 26300.00 HUF Million [+]
External Debt 109460.75 106219.70 142673.70 22026.90 EUR Million [+]
Terms of Trade 99.61 99.61 104.59 96.04 Index Points [+]
Capital Flows 16.50 -574.40 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 18.00 17.00 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
328.90 -426.00 2181.33 -2319.51 1990 - 2019 EUR Million Quarterly




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil 662.00 May/19
Canada -17347.00 Mar/19
China 490.00 Mar/19
Euro Area 19.20 Apr/19
France 343.00 May/19
Germany 16500.00 May/19
India -4600.00 Mar/19
Indonesia -6966.00 Mar/19
Italy 3913.80 Apr/19
Japan 1594.84 May/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea 4949.40 May/19
Spain -413.00 Apr/19
Switzerland 17215.95 Mar/19
Turkey 151.00 May/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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