Balance of Payments: Capital Transfers: Balance (Revenue Minus Expenditure) for Hungary
HUNB6CATT02CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-20,746,970.00
Year-over-Year Change
-100.85%
Date Range
1/1/1995 - 10/1/2024
Summary
The Balance of Payments: Capital Transfers: Balance (Revenue Minus Expenditure) for Hungary tracks the net flow of capital transfers between Hungary and the rest of the world. It is an important indicator of Hungary's international economic position.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric represents the difference between capital transfers received by Hungary from other countries and those paid by Hungary to other countries. It provides insight into Hungary's international capital flows, which impact the country's overall balance of payments and can influence economic policies.
Methodology
The data is collected by the Hungarian National Bank through surveys and administrative records of cross-border capital transfer transactions.
Historical Context
Policymakers and analysts use this metric to assess Hungary's external financial position and make informed decisions about exchange rate, trade, and investment policies.
Key Facts
- Hungary recorded a capital transfer surplus of €2.3 billion in 2021.
- Capital transfers account for around 2% of Hungary's total balance of payments.
- The capital transfer balance has fluctuated between surpluses and deficits over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the net flow of capital transfers between Hungary and the rest of the world, representing the difference between capital transfers received by Hungary and those paid by Hungary.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Hungary's international capital flows, which impact the country's overall balance of payments and can influence economic policies such as exchange rates, trade, and investment.
Q: How is this data collected or calculated?
A: The data is collected by the Hungarian National Bank through surveys and administrative records of cross-border capital transfer transactions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Hungary's external financial position and make informed decisions about exchange rate, trade, and investment policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a slight delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Balance of Payments: Capital Transfers: Balance (Revenue Minus Expenditure) for Hungary (HUNB6CATT02CXCUQ), retrieved from FRED.