Nominal GDP for Hungary was US$ 155.1bn in 2020, down from US$163.6bn in 2019. The Hungarian population was estimated at 9.7m in 2020 according to the IMF, while Germany is Hungary’s biggest trading partner (Hungary Central Statistical Office, KSH).
Variables Surveyed for Hungary
Variables covered in our monthly analysis of Hungary include:
Consensus Forecasts for Hungary
Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. In the hard copy and pdf version of the publication, we also show selected “comparison forecasters” including the Hungarian Central Bank, IMF, OECD, and European Commission. The table below shows a small example set of forecasts for GDP Growth and Consumer Prices (CPI), taken from our survey of March 2021.