Economic performance stagnated in Quarter 1 of 2025 compared to Quarter 1 of 2024

Quarterly change in volume of GDP
Last update: 06/05/2025

The volume of GDP decreased by 0.2% in Quarter 1 of 2025 compared to the previous quarter

Quarterly change in volume of GDP
Last update: 06/05/2025

From the production approach, mainly services mitigated the impact of a decrease in the performance of industry in Quarter 1 of 2025

Contribution to GDP volume change, by quarter
Last update: 06/05/2025

From the expenditure approach, actual final consumption offset a fall in gross capital formation

Contribution to GDP volume change, by quarter
Last update: 06/05/2025

The deficit of the general government sector was 824 billion forints (3.9% of GDP) in Quarter 1 of 2025. The balance became 234 billion forints (1.4 percentage points) more favourable compared to the same period of the previous year

Cumulative balance of general government sector within a particular year
Last update: 07/03/2025