gki - Diplomacy & Trade

WGI Indicators Also Important for Sovereign Ratings

D&T — Sun, 24 May 2026 09:08:00 +0000

When determining the sovereign ratings, the credit rating agencies also consider the World Bank’s World Governance Indicators (WGI), albeit with different weights. The WGI examines six institutional areas: freedom of speech and accountability, political stability, government effectiveness, regulatory quality, rule of law, and the development of corruption control. GKI Economic Research Institute examined how these […]

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How Well Can Companies Manage Higher Wage Costs?

D&T — Fri, 22 May 2026 06:00:00 +0000

The domestic wage level and minimum wage in Hungary put the country at the bottom of the European Union rankings – yet another challenge facing the new government that is getting settled. A new study looks at how much of an increase would remain economically sustainable. Between 2010 and 2019, domestic wages were characterized by […]

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GKI Economic Sentiment Index Hits 11 Month High In September

D&T — Wed, 24 Sep 2025 16:30:00 +0000

A survey conducted by GKI Economic Research – with the support of the European Union – found that both consumers and businesses were more optimistic in September than in August. The GKI economic sentiment index, a summary measure of expectations, rose by just over two points, reaching an eleven-month high. Firms’ hiring intentions and expectations […]

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The State of Private Healthcare in Hungary

D&T — Tue, 23 Sep 2025 08:18:00 +0000

In Hungary, private healthcare is gaining ground: more and more people are turning to medical services outside the state insurance system. A recent study by the Budapest-based economic research institute GKI examined how private healthcare spending has evolved in recent years. In 2022, Hungary’s per capita health spending, measured at purchasing-power parity, was the fourth-lowest […]

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AI at Work: Mostly USed for Information Search

D&T — Wed, 10 Sep 2025 12:06:00 +0000

In July, the Budapest-based economic research institute GKI conducted a survey of 1,000 respondents, representative of the Hungarian population, on the spread of artificial intelligence (AI) in everyday life. As its previous analysis showed, 36% of the population use AI at least with moderate frequency in their work, while the share is slightly higher (42%) […]

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Foreigners Give Hungarian Tourism Fresh Momentum

D&T — Wed, 13 Aug 2025 07:50:00 +0000

In the first half of 2025, tourist accommodation in Hungary hosted nearly 8.2 million guests, accounting for 18.9 million overnight stays. Guest numbers were 7.8% higher, and overnight stays 4.5% higher, than a year earlier. Hotels accounted for 57% of guests and 55% of overnight stays. Yet these impressive first-half figures should be viewed as […]

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Strong energy dependence, a threat to national sovereignty

D&T — Tue, 06 May 2025 09:11:00 +0000

According to press reports, the Trump administration has expressed interest in reducing Hungary’s reliance on Russian energy sources, recommending the purchase of American liquefied natural gas (LNG) and nuclear technology instead. This aligns with a key pillar of sovereignty-focused economic policy: the pursuit of energy independence, the Hungarian Economic Reasearch Institute GKI says in its […]

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GKI Economic Sentiment Index Slightly Up

D&T — Sat, 26 Apr 2025 14:06:00 +0000

According to a survey conducted by GKI Economic Research Co. with the support of the EU, the GKI economic sentiment index edged upwards in April. Both consumer and business outlooks in Hungary showed a slight improvement compared to March. While firms’ employment intentions remained unchanged from the previous survey, the aggregate expectation regarding future sales […]

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Economic Sentiment Index Hardly Changed in December

D&T — Mon, 30 Dec 2024 09:52:00 +0000

According to the empirical survey conducted by GKI Economic Research Co. with the support of the EU, the outlook for the business sector deteriorated further in December, but consumers became slightly more optimistic. GKI’s business climate index has been falling in small steps but essentially flat in the second half of this year, slipping to […]

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GKI: Hungarian Economy Past the Worst of the Crisis

D&T — Mon, 29 Jan 2024 09:45:00 +0000

Last year, the Hungarian economy emerged from the most difficult phase of the crisis caused by the handouts before the 2022 elections and the global economic consequences of Russian aggression against Ukraine. However, according to research by the GKI economic research institute, the government's ideas are unlikely to put the economy on a sustainable growth […]

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GKI Economic Sentiment Index at 18-Month High

D&T — Mon, 22 Jan 2024 11:40:00 +0000

According to a survey conducted by GKI Economic Research Co. with the support of the EU, in the first month of the year household expectations improved significantly, while the outlook for the business sector deteriorated within the statistical margin of error compared to December. GKI’s economic sentiment index thus reached an 18-month high. Companies’ employment […]

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Economic Sentiment Index Falls to Early 2023 Level

D&T — Mon, 26 Jun 2023 22:14:10 +0000

According to a survey conducted by GKI Economic Research Co. with the support of the EU, business expectations deteriorated markedly in June, falling back to their October/November 2022 level, their latest low. At the same time, consumer expectations improved. In June, employment expectations in the business sector deteriorated sharply; however, the fear of unemployment of […]

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GKI's Economic Sentiment Index Slightly Up in May

D&T — Mon, 22 May 2023 08:29:00 +0000

Although GKI’s economic sentiment index rose in May compared to April, it still did not reach its March level. Business expectations also remained worse than in March, despite an improvement in May. Consumer expectations deteriorated in May compared to April. However, according to the empirical survey conducted by GKI Economic Research Co. with the support […]

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GKI Economic Sentiment Index Fell in April

D&T — Mon, 24 Apr 2023 15:17:00 +0000

In April, business expectations fell back to their level at the beginning of 2023, and the consumer confidence index also declined slightly. According to a survey conducted by GKI Economic Research Co. with the support of the EU, expectations in the business sector deteriorated, especially in industry and services. However, intentions to raise prices in […]

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GKI Economic Sentiment Index Rose Markedly in March

D&T — Mon, 27 Mar 2023 08:45:00 +0000

Both business and consumer expectations improved significantly in March, with GKI’s economic sentiment index rising for the fifth month in a row. According to a survey conducted by GKI Economic Research Co. with the support of the EU, in the business sector expectations of industrial and service companies improved significantly, while expectations in construction and […]

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