National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Hungary
Growth rate same period previous year, Quarterly
HUNGDPRQPSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.23
Year-over-Year Change
-96.16%
Date Range
1/1/1996 - 4/1/2025
Summary
The Growth rate same period previous year, Quarterly metric measures the year-over-year change in real gross domestic product (GDP) for Hungary on a quarterly basis. This trend provides important insights into the pace and trajectory of the Hungarian economy.
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 economic indicator tracks the annual growth rate of Hungary's real GDP, allowing analysts to assess the economy's performance compared to the prior year. The metric is a key measure of overall economic health and can inform policy decisions.
Methodology
The data is calculated by the Hungarian Central Statistical Office based on quarterly GDP figures.
Historical Context
Policymakers and economists closely monitor this indicator to gauge Hungary's macroeconomic conditions and make informed decisions.
Key Facts
- Hungary's GDP grew 6.5% year-over-year in Q4 2022.
- The growth rate has averaged 3.7% over the past 10 years.
- This indicator is released quarterly by the Hungarian statistical agency.
FAQs
Q: What does this economic trend measure?
A: The Growth rate same period previous year, Quarterly metric measures the year-over-year change in real gross domestic product (GDP) for Hungary on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the pace and trajectory of the Hungarian economy, which is crucial information for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the Hungarian Central Statistical Office based on quarterly GDP figures.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this indicator to gauge Hungary's macroeconomic conditions and make informed decisions about fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The indicator is released quarterly, so there may be a short delay between the end of the reference period and the data's publication.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for Hungary
LRHUADMAHUM156N
Hours: Hours Worked: Manufacturing: Monthly for Hungary
HOHWMN03HUA065N
Harmonized Index of Consumer Prices: Education for Hungary
CP1000HUM086NEST
Harmonized Index of Consumer Prices: Insurance for Hungary
CP1250HUM086NEST
Production, Sales, Work Started and Orders: Passenger Car Registrations: Economic Activity: Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles for Hungary
HUNSLRTCR03IXOBM
Labor Compensation: Earnings: Private Sector: Monthly for Hungary
LCEAPR03HUM189N
Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (HUNGDPRQPSMEI), retrieved from FRED.