Economic performance was 0.4% higher in Quarter 4 of 2024 than in Quarter 4 of 2023

Quarterly change in volume of GDP
Last update: 04/03/2025

The volume of GDP increased by 0.6% in Quarter 4 of 2024 compared to the previous quarter

Quarterly change in volume of GDP
Last update: 04/03/2025

From the production approach, the main contributor to GDP growth was services in Quarter 4 of 2024

Contribution to GDP volume change, by quarter
Last update: 04/03/2025

From the expenditure approach, it was actual final consumption that contributed to GDP growth

Contribution to GDP volume change, by quarter
Last update: 04/03/2025

In 2024, Hungary's economic performance was up by 0.5% and the EU's by 1.0% according to calendar adjusted data

GDP volume change compared to previous year*
Last update: 04/03/2025

The deficit of the general government sector was 4,002 billion forints (4.9% of GDP) in 2024. The balance became 1,097 billion forints (1.8 percentage points) more favourable compared to the previous year

Cumulative balance of general government sector within a particular year
Last update: 04/03/2025