The economic performance increased by 1.1% in the European Union and by 0.2% in Hungary in Quarter 4 of 2024

Created with Highcharts 8.2.2%Chart menuGDP volume change in EU member countries, Quarter 4 2024*(compared to same period of previous year, according to seasonally and calendar adjusted data)* No data were available for Bulgaria, Cyprus, Denmark, Finland, Greece, the Netherlands, Croatia, Poland, Latvia, Luxembourg, Malta, Romania, Slovakia and Slovenia.Source: Eurostat. Download date: 10 February 2025.LithuaniaSpainPortugalIrelandCzechiaSwedenBelgiumEU27_2020Euro areaFranceItalyHungaryEstoniaAustriaGermany−101234
Last update: 02/13/2025

According to available data the volume of gross fixed capital formation rose in 7 EU member states and decreased in 20, including Hungary, in the 3rd quarter of 2024

Created with Highcharts 8.2.2%Chart menuChange in volume of gross fixed capital formation in EU member states, Quarter 3 2024*(compared to the same period of the previous year, according to seasonally and calendar adjusted data)* Gross fixed capital formation includes, besides investments in new tangible assets, other components (e.g. R&D, tangible assets purchased through financial leasing constructions), too.Source: Eurostat. Download date: 10 February 2025.IrelandCroatiaMaltaPortugalSpainPolandGreeceNetherlandsRomaniaCzechiaItalyAustriaSwedenEuro areaEU27_2020BulgariaFranceBelgiumGermanyLuxembourgDenmarkLithuaniaLatviaFinlandCyprusSloveniaSlovakiaHungaryEstonia−18−16−14−12−10−8−6−4−20246810121416
Last update: 02/13/2025

In December 2024, the sales volume of retail trade grew by 2.0% in the EU and by 0.1% in Hungary compared with a year earlier

Created with Highcharts 8.2.2%Chart menuChange in the volume of retail trade turnover in the EU member states, December 2024*(compared to the same period of the previous year, based on calendar adjusted data)* Data for Greece were not available.Source: Eurostat. Download date: 10 February 2025.SlovakiaLithuaniaLuxembourgBulgariaCroatiaCzechiaRomaniaPortugalCyprusSwedenMaltaSpainLatviaAustriaIrelandFinlandEU27_2020GermanyEuro areaFranceItalyEstoniaDenmarkNetherlandsHungaryPolandBelgiumSlovenia−4−3−2−101234567891011
Last update: 02/13/2025

The rate of increase in prices was 2.7% on average in the European Union and 4.8% in Hungary in December 2024

Created with Highcharts 8.2.2%Chart menuChange in consumer prices, in EU member countries, December 2024*(compared to same month of previous year)* According to harmonised index of consumer prices (HICP).Source: Eurostat. Download date: 17 January 2025.RomaniaHungaryCroatiaBelgiumEstoniaNetherlandsPolandLatviaCzechiaSlovakiaCyprusPortugalGreeceGermanySpainEU27_2020Euro areaBulgariaAustriaSloveniaLithuaniaDenmarkFranceMaltaLuxembourgFinlandSwedenItalyIreland0123456
Last update: 01/23/2025

The volume of industrial production decreased in November 2024 by 1.7% in the European Union and by 2.7% in Hungary compared to a year earlier

Created with Highcharts 8.2.2%Chart menuChange in the volume of industrial production in the EU member states, November 2024(compared to the same period of the previous year, based on calendar adjusted data)Source: Eurostat. Download date: 10 February 2025.MaltaBelgiumLithuaniaGreeceFinlandBulgariaNetherlandsDenmarkPolandSwedenSlovakiaEstoniaSloveniaSpainFranceRomaniaItalyEU27_2020Euro areaPortugalCzechiaHungaryCyprusGermanyLuxembourgLatviaAustriaIrelandCroatia−8−7−6−5−4−3−2−101234567891011121314151617
Last update: 02/13/2025

Domestic construction output was 1.7% lower in November 2024 than a year earlier. Among the V4 countries construction output volume increased by 2.5% in Czechia, while lessened by 0.2% in Slovakia and by 5.4% in Poland

Created with Highcharts 8.2.2%Chart menuChange in the volume of construction output in the EU member states, November 2024*(compared to the same period of the previous year, based on calendar adjusted data)* Data for Cyprus, Estonia, Greece, Ireland, Latvia, Lithuania and Malta were not available.Source: Eurostat. Download date: 10 February 2025.CroatiaSpainBulgariaBelgiumAustriaItalyNetherlandsCzechiaPortugalDenmarkFinlandEuro areaSwedenEU27_2020SlovakiaLuxembourgHungaryGermanyFranceSloveniaPolandRomania−10−505101520
Last update: 02/13/2025

The value of export of goods decreased in the majority of the EU member states – including Hungary – in November 2024, year-on-year

Created with Highcharts 8.2.2%Chart menuChange in the EUR value of the export of goods in the EU member states, November 2024(compared to the same period of the previous year)Source: Eurostat. Download date: 16 January 2025.CyprusFinlandLatviaAustriaSpainBelgiumLithuaniaGermanyGreecePolandFranceSwedenBulgariaLuxembourgCroatiaHungaryItalyPortugalNetherlandsMaltaRomaniaCzechiaSloveniaSlovakiaEstoniaDenmarkIreland−55−50−45−40−35−30−25−20−15−10−505101520253035
Last update: 01/23/2025

In Q3 of 2024, employment levels improved in the majority of EU countries compared with a year earlier. Hungary is ranked ninth in the EU with the same indicator as Ireland and second in the V4

Created with Highcharts 8.2.2%Chart menuEmployment rate of 15-64 year olds in the EU member states, Quarter 3 2024(seasonally unadjusted data)Source: Eurostat. Data downloaded on 13 December 2024.NetherlandsMaltaSwedenGermanyDenmarkCyprusEstoniaCzechiaIrelandHungaryAustriaLithuaniaPortugalFinlandPolandSloveniaSlovakiaBulgariaLatviaEU27_2020FranceLuxembourgCroatiaBelgiumSpainGreeceRomaniaItaly051015202530354045505560657075808590
Last update: 12/19/2024

In December 2024, Hungary had an unemployment rate of 4.3%, the eighth lowest in the EU

Created with Highcharts 8.2.2%Chart menuUnemployment rate of 15–74-year-olds in EU member states(seasonally unadjusted data)Source: Eurostat. Data downloaded on 30 January 2025.December 2024December 2023SpainGreeceFinlandFranceSwedenEstoniaLithuaniaDenmarkLatviaPortugalLuxembourgItalyEU27_2020BelgiumRomaniaAustriaSlovakiaSloveniaCyprusCroatiaHungaryIrelandBulgariaNetherlandsGermanyPolandMaltaCzechia012345678910111213
Last update: 02/06/2025

Over the period up to week 48 of 2024, the number of deaths fell by 7.2% in Hungary, more than the EU average, compared to the average over the past five years

Created with Highcharts 8.2.2%Chart menuChange in number of deaths in a given period of 2024*(compared to average for same period of past five years)* The data for 2024 are preliminary and change from week to week as data processing progresses. The figure for the EU27_2020 has been calculated on the basis of the latest data available by country.Source: Eurostat. Download date: 27 January 2025.Romania (until week 43)Bulgaria (until week 48)Latvia (until week 48)Poland (until week 48)Slovakia (until week 47)Lithuania (until week 48)Czechia (until week 47)Croatia (until week 48)Hungary (until week 48)Italy (until week 44)Greece (until week 48)EU27_2020 (until week 48)Cyprus (until week 48)Estonia (until week 48)Spain (until week 48)Belgium (until week 48)Sweden (until week 48)Slovenia (until week 48)France (until week 48)Portugal (until week 40)Finland (until week 45)Austria (until week 48)Germany (until week 48)Luxembourg (until week 48)Denmark (until week 43)Malta (until week 42)Ireland (until week 48)Netherlands (until week 48)−24−22−20−18−16−14−12−10−8−6−4−20246
Last update: 02/06/2025

In the third quarter of 2024, housing prices rose in the vast majority of EU Member States compared with a year earlier, while in Hungary the rate of appreciation remained well above the EU average

Created with Highcharts 8.2.2%Chart menuChange in housing prices in EU member states, Quarter 3 2024*(compared to the same quarter of the previous year)* Based on consolidated housing price index calculated according to Eurostat methodology, preliminary data. Data for Greece are not available.Source: Eurostat. Download date: 10 January 2025.BulgariaPolandHungaryCroatiaNetherlandsIrelandPortugalLithuaniaSpainSloveniaMaltaEstoniaSlovakiaCzechiaLatviaDenmarkItalyRomaniaEU27_2020BelgiumCyprusEuro areaAustriaSwedenGermanyLuxembourgFinlandFrance−5−4−3−2−10123456789101112131415161718
Last update: 01/16/2025