Hungary's current account deficit narrowed to EUR 0.78 billion in the second quarter of 2021 from EUR 1.56 billion in the same quarter of the previous year, but above market consensus of a 0.47 billion deficit, as the goods deficit declined to EUR 0.53 billion from EUR 0.83 billion a year earlier, while the services surplus jumped to EUR 1.37 billion from EUR 0.37 billion in Q2 of 2020. On the other hand, the secondary income gap widened to EUR 0.42 billion from EUR 0.26 billion in Q2 of 2020 while the primary income gap increased to EUR 1.20 billion from EUR 0.83 billion a year earlier. source: National Bank of Hungary
Current Account in Hungary averaged -442.92 EUR Million from 1990 until 2021, reaching an all time high of 1751.59 EUR Million in the third quarter of 2016 and a record low of -2472.45 EUR Million in the second quarter of 2004. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Current Account in Hungary is expected to be 800.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Current Account is projected to trend around 200.00 EUR Million in 2022 and 150.00 EUR Million in 2023, according to our econometric models.