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Deficit

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Deteriorating Balance of External Trade for Hungary

D&T
Dec 22, 2021

In October 2021, the volume of exports was 10% and that of imports 5.6% smaller than in the same period of the previous year. Compared to October 2019, the volume of external trade declined by 6.1% in exports and by 5.0% in imports. The deficit was EUR 302 million, the balance deteriorating by EUR 1.2 billion compared to a year earlier. […]

2020 Hungarian State Deficit at 8.1%, Debt at 80.4%

D&T
Apr 1, 2021

According to preliminary data the deficit of the general government sector in 2020 was HUF 3,870 billion, 8.1% of GDP. The balance deteriorated by HUF 2,882 billion, or by six percentage points as a proportion of GDP compared to the previous year. According to the country's Central Statistical Office (KSH), the significant deterioration was due to the economic impact of […]

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