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Hungary - ECONOMIC INDICATORS
Economic forecasts - General economic indicators - Investments - Foreign Trade


Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
107.935  
115.846  
Real GDP growth (constant prices)
3.4 % 
3.6 %
GDP per capita (USD)
11058.523  
11927.066  
Inflation rate
4.0 % 
3.6 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 64.9   82.8   99.7  
Real GDP growth (constant prices) 3.5 % 3.0 % 4.0 %
GDP per capita (USD) 4939   5105   5339  
Inflation rate 5.3 % 4.6 % 6.8 %
Unemployment rate 5.8%   5.9%   6.1%  
External debt (USD billion) 35   46   ..  
Forint rate on 12/31 (1 US$)   225.58   208.3   181.13  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing 4.3%   ..   ..  
Industry and mining 31.2%   ..     ..  
Services 64.5%   ..     ..  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 2994   2162   4167   31 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 36.9   46.8   58.3  
Export of goods (f.o.b) 34.8   43.5   55.4  
Trade balance -2.1   -3.3   -2.9  
Balance of payments -4.7   -7.2   -8.8  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP 133.0%   ..   ..  
Share of imports in GDP 67.6%   ..   ..  
Share of exports in GDP 65.4%   ..   ..  
Imports of goods and services (percent change) 6.1%   ..   ..  
Exports of goods and services (percent change) 3.8%   ..   ..  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     46.8     43.5    
Agricultural raw materials 1%   1%  
Food products 3%   7%  
Hydrocarbons 6%   2%  
Manufactured products (chemicals, machines,...) 86%   87%  
Ores and metals 2%   2%  
Other goods 2%   1%  


2003 Imports Exports
Total Trade in Services (USD billion): 9   9  
Transport 16%   12%  
Tourisme 29%   47%  
Other services (insurance, financial services, telecommunications,...) 55%   41%  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
Germany   34.1%  
Austria   8.1%  
France   5.8%  
Italy   5.7%  
United Kingdom   4.6%  

Main suppliers
(% of imports)
2004
Germany   25.1%  
Italy   7.2%  
China   7.1%  
Austria   6.4%  
France   4.9%  
Source : COMTRADE


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Last modified in October 2005
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