National Accounts: GDP by Expenditure: Current Prices: Gross Fixed Capital Formation for Hungary
HUNGFCFQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,675,518,000,000.00
Year-over-Year Change
51.04%
Date Range
1/1/1995 - 7/1/2023
Summary
This economic trend measures Hungary's gross fixed capital formation, a key component of GDP that reflects business investment in fixed assets like buildings and equipment. It provides insight into the health and investment outlook 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
Gross fixed capital formation (GFCF) represents the value of a country's investments in fixed assets like machinery, equipment, and infrastructure. It is a major driver of economic growth and a key indicator used by economists and policymakers to assess the investment climate and economic outlook.
Methodology
The data is collected and calculated by the Hungarian Central Statistical Office based on surveys of businesses and economic entities.
Historical Context
GFCF is closely watched by analysts to gauge Hungary's economic conditions and investment environment.
Key Facts
- GFCF accounts for over 20% of Hungary's GDP.
- Business investment declined sharply during the 2008-2009 recession.
- GFCF has recovered to pre-recession levels in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures Hungary's gross fixed capital formation, which represents the value of investments by businesses and the government in fixed assets like machinery, equipment, and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: GFCF is a key component of GDP and a crucial indicator of the investment climate and economic outlook in Hungary. It provides insight into business confidence and the potential for future economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Hungarian Central Statistical Office based on surveys of businesses and economic entities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor GFCF to assess the investment environment and overall economic conditions in Hungary. It informs decisions on fiscal, monetary, and regulatory policies aimed at promoting business investment and economic growth.
Q: Are there update delays or limitations?
A: The GFCF data is typically published on a quarterly basis with a lag of several months. There may be revisions to historical data as more complete information becomes available.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Current Prices: Gross Fixed Capital Formation for Hungary (HUNGFCFQDSMEI), retrieved from FRED.