Trade Balance in Hungary

Hungary Trade Balance | Economic News & Forecasts

Hungary - Trade Balance

The economy grew at a robust rate in the second quarter, beating market expectations, supported by an expansionary fiscal stance and easing lockdown measures. Higher consumer sentiment, healthy wage growth and a lower unemployment rate buoyed household spending in the quarter, while upbeat business confidence underpinned robust investment activity. Moreover, a surge in exports and imports in the period further testify to the strong recovery. Moving to the third quarter, conditions look to have remained supportive, as business confidence improved while consumer sentiment broadly held its ground in July-August. Meanwhile, S&P Global Ratings affirmed the country’s ‘BBB’ sovereign rating and kept its outlook stable in mid-August, stating the economy is set to expand notably this year and next amid strong fiscal stimulus and a rapid vaccine rollout.

Hungary - Trade Balance Data

2015   2016   2017   2018   2019  
Trade Balance (USD billion)9.5  10.8  9.1  6.6  5.4  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Hungary Trade Balance Chart


Hungary Trade
Note: Trade balance in EUR billion.
Source: National Bank of Hungary.

Hungary Facts

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

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form