Economic performance was 1.1% higher in Quarter 1 of 2024 than in Quarter 1 of 2023

Quarterly change in volume of GDP
Last update: 06/06/2024

The volume of GDP was up by 0.8% in Quarter 1 of 2024 compared to the previous quarter

Quarterly change in volume of GDP
Last update: 06/06/2024

From the production approach, it was services that contributed the most to GDP growth in Quarter 1 of 2024

Contribution to GDP volume change, by quarter
Last update: 06/06/2024

From the expenditure approach, it was a change in the external balance of goods and services that contributed the most to GDP growth in Quarter 1 of 2024

Contribution to GDP volume change, by quarter
Last update: 06/06/2024

The deficit of the general government sector was 1,068 billion forints (5.4% of GDP) in the 1st quarter of 2024. The balance became 611 billion forints (4 percentage points) more favourable compared to the same period of the previous year

Cumulative balance of general government sector within a year
Last update: 07/04/2024