Denomination 2016 2017 2018 2019 2020a 2021b 2022b 2023
Revenue (exports)
Tourism (expenditures of foreigners coming to Hungary) 1,724,543 1,832,412 2,066,780 2,310,110 1,054,342 1,345,559 2,302,982 3,136,737
Correction items related to international trade in services statisticsc -133,400 -139,039 -195,932 -186,761 -67,270 -82,788 -192,970 -328,990
Travel services (corrected with the adjustment items of international trade in services) 1,591,143 1,693,373 1,870,847 2,123,349 987,072 1,262,771 2,110,012 2,807,747
Expenditure (imports)
Tourism (expenditures of Hungarians travelling abroad) 742,731 816,487 887,728 969,674 404,369 511,947 1,074,615 1,584,848
Correction items related to international trade in services statisticsd -134,190 -144,301 -172,234 -170,575 -48,150 -71,803 -175,825 -276,861
Travel services (corrected with the adjustment items of international trade in services) 608,541 672,187 715,494 799,099 356,219 440,144 898,789 1,307,987
Balance
Tourism as a whole 981,812 1,015,925 1,179,052 1,340,436 649,974 833,612 1,228,367 1,551,888
Correction items related to international trade in services statisticsc 790 5,262 -23,699 -16,185 -19,120 -10,985 -17,144 -52,128
Travel services (corrected with the adjustment items of international trade in services) 982,602 1,021,186 1,155,353 1,324,250 630,853 822,627 1,211,223 1,499,760

Footnotes

*National Bank of Hungary /NBH/; balance of payments; export, import and balance data of the travel line according to the BPM6 methodology
aDue to the coronavirus epidemic in 2020, emergency measures were introduced, and the border traffic was significantly lower than usual. Because of to the low number of data providers, the reliability of the published data has decreased and they are only to a limited extent comparable with the data of previous periods. As a result of a border closure ordered due to the coronavirus epidemic, data collection on international tourism was suspended in the second quarter of 2020, so the data for the period were made using model estimation.
bDue to the coronavirus epidemic, the number of respondents decreased significantly in the same period of the previous year. Because of it, the reliability of the published data has decreased and they are only to a limited extent comparable to the data of previous periods.
cInternational passanger transport, insurance, valuable and durable consumer goods, illegal services related items.
dInternational passanger transport, valuable and durable consumer goods.
Source: National Bank of Hungary (MNB).
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