Slight Increase in Hungary GDP in Q4 2025

Hungary's GDP rose 0.8% in the fourth quarter from the same period a year earlier, the Central Statistical Office (KSH) said in a second reading of data on Tuesday.

The volume of Hungary’s gross domestic product was 0.8% higher according to raw data and 0.6% higher according to seasonally and calendar adjusted and reconciled data in the 4th quarter of 2025 than in the corresponding period of the previous year.

Compared to the previous quarter, the economic performance rose by 0.2% according to seasonally and calendar adjusted and reconciled data. In 2025, GDP was 0.4% higher according to raw data and 0.3% higher according to seasonally and calendar adjusted data than in the previous year.

Services boosted GDP by 0.5pp, including a 0.2pp contribution by the finance and insurance sector and a 0.2pp contribution by wholesale and retail trade, accommodations and catering, while the construction sector added 0.3pp to growth. Industry weighed 0.3pp, the balance of taxes and subsidies on products raised headline GDP by 0.2pp and the farming sector had no significant impact on growth.

On the consumption side, final consumption contributed 2.8pp to GDP and investments added 1.1pp, but the trade balance dragged the headline figure down by 3.1pp.

In a quarter-on-quarter comparison, GDP edged up a seasonally- and calendar year-adjusted 0.2%.

For the full year, GDP rose 0.4%, according to unadjusted data, and increased 0.3% when adjusted for seasonal and calendar year effects.