External Debt in Hungary

Hungary External Debt | Economic News & Forecasts

Hungary - External Debt

A second estimate confirmed the economy lost some traction in the second quarter amid a challenging external environment. Growth, in annual terms, fell to a one-year low in Q2 on faltering domestic demand and a slump in the external sector, reflecting a sharp deceleration in exports; that said, the expansion was still relatively robust. At the same time, signs of overheating continued to emerge, with labor shortages intensifying despite higher participation rates as the unemployment rate slid further in the quarter. Turning to the third quarter, business sentiment deteriorated again in July although a notable bounce-back in August signaled brighter prospects for fixed investment. Moreover, slightly less downbeat consumer confidence and still elevated wage growth in the same two months should encourage greater household spending, as suggested by robust retail sales in July.

Hungary - External Debt Data

2013  2014  2015  2016  2017  
External Debt (% of GDP)117  115  107  97.3  84.9  

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Hungary External Debt Chart


Hungary External Debt
Note: External debt as % of GDP.
Source: National Bank of Hungary and FocusEconomics calculations.

Hungary Facts

ValueChangeDate
Bond Yield2.030.0 %Sep 04
Exchange Rate298.6-0.68 %Sep 04
Stock Market39,7530.04 %Sep 04

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