Hungary posted a current account surplus of EUR 184.6 million in the fourth quarter of 2020, swinging from a EUR 807 million deficit in the same quarter of the previous year. The goods account switched to a EUR to EUR 308 million surplus from a EUR 1212 million gap a year earlier. On the other hand, the services surplus narrowed to EUR 624.1 million from EUR 1.44 billion. Meanwhile the primary income gap declined to EUR 632.7 million from EUR 990.1 million, while the secondary income gap increased to 114.6 million from EUR 53.2 million in Q4 2019. source: National Bank of Hungary
Current Account in Hungary averaged -449.04 EUR Million from 1990 until 2020, 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 May of 2021.
Current Account in Hungary is expected to be 40.00 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 -100.00 in 12 months time. In the long-term, the Hungary Current Account is projected to trend around -100.00 EUR Million in 2022 and -200.00 EUR Million in 2023, according to our econometric models.