International Reserves in Hungary

Hungary International Reserves | Economic News & Forecasts

Hungary - International Reserves

The economic scenario has further darkened at the outset of the second quarter, after the Covid-19 pandemic hit the economy in Q1. In March, industrial production contracted at the fastest rate in over a decade and retail sales growth eased markedly, reflecting the impact of lockdown measures imposed since 11 March. Moreover, both business and consumer sentiment fell to over decade lows in April. In response to the crisis, the government announced additional relief measures in April on top of those previously put forward, including support for prioritized sectors as well as interest-subsidized and guaranteed credit facilities for firms; the response package now totals around 13.6% of GDP. Meanwhile, some restrictions have been eased as of 4 May, barring in hotspot areas: Shops and restaurants are reopening, while some business travel is once again allowed.

Hungary - International Reserves Data

2015   2016   2017   2018   2019  
International Reserves (USD)33.1  25.8  28.0  31.4  31.8  

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Hungary International Reserves Chart

Hungary International Reserves
Note: International reserves in months of imports.
Source: National Bank of Hungary and FocusEconomics calculations.

Hungary Facts

Value Change Date
Bond Yield2.080.0 %Dec 31
Exchange Rate295.1-0.68 %Jan 01

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