Hungary GDP Annual Growth Rate

Last Release

Jun 30, 2025

Actual

0.1

Units In

Frequency

Quarterly

Next Release

Dec 02, 2025

Time to Release

1 Months 1 Days 22 Hours

Highest	Lowest	Average	Date Range	Source
17.8 Jun 2021	-13 Jun 2020	2.36 %	1996-2025	Hungarian Central Statistical Office

Electronics manufacturing and research are among the main drivers of innovation and economic growth in Hungary. The country has also grown into a major center for mobile technology, information security, and related hardware research. On the expenditure side, household consumption is the main component of GDP and accounts for 50 percent of its total use, followed by gross fixed capital formation (22 percent) and government expenditure (20 percent). Exports of goods and services account for 89 percent of GDP while imports account for 82 percent, adding 7 percent of total GDP.

Latest Updates

Hungary’s gross domestic product grew by 0.6% year-on-year in the third quarter of 2025, missing market forecasts of a 1% expansion but accelerating from a 0.1% growth in the previous three-month period, preliminary estimates showed. This marked the strongest growth since the second quarter of 2024, mainly driven by the combined performances in the services sector, particularly information and communication. However, the upturn was partially offset by the slowdown in the added value of industry and agriculture. On a seasonally adjusted quarterly basis, the economy stagnated in Q3 2025, following a 0.4% growth in the preceding period.