Hungary’s gross domestic product advanced 6.1 percent from a year earlier in the third quarter of 2021, easing from the fastest expansion on record of 17.9 percent from the previous period and lower than the market consensus of a 7.4 jump. On a seasonally adjusted quarterly basis, the economy advanced 0.7 percent from a 2.7 percent increase in the second quarter, mainly driven by market services, as the economy continues to open. source: Hungarian Central Statistical Office
GDP Annual Growth Rate in Hungary averaged 2.46 percent from 1996 until 2021, reaching an all time high of 17.90 percent in the second quarter of 2021 and a record low of -13.30 percent in the second quarter of 2020. This page provides - Hungary GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.
GDP Annual Growth Rate in Hungary is expected to be 7.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary GDP Annual Growth Rate is projected to trend around 4.20 percent in 2022 and 3.20 percent in 2023, according to our econometric models.