External Debt in Hungary

Hungary External Debt | Economic News & Forecasts

Hungary - External Debt

Momentum appears to have carried over into the second quarter, with robust domestic demand continuing to shield the economy from the Euro area’s slowdown. Retail sales growth rose in April, signaling a faster rise in private consumption amid improved consumer sentiment and record-low unemployment. On average, households were less downbeat in Q2, especially in June thanks to a brighter outlook on personal finances. Meanwhile, industrial output remained buoyant in April, although moderated slightly as the manufacturing sector grapples with labor shortages. Business sentiment, however, dived to an over two-year low in June as EU-funded investments are set to run dry. In other news, the 2020 budget was presented to Parliament on 4 June which targets a deficit of 1.0%, marking a smaller shortfall than the 1.5% submitted to Brussels in April.

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 Yield2.460.0 %Jul 11
Exchange Rate289.6-0.68 %Jul 11
Stock Market40,7390.04 %Jul 11

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