Analysis by Region - Emerging Markets - Hungary

Analysis by Region - Emerging Markets - Hungary

We kept our 2024 GDP growth forecast for Hungary unchanged at 2.3% this month. We estimate that growth resumed in Q1 following a stagnant Q4 2023. But the road ahead will be bumpy as demand – foreign and domestic – will take time to recover fully. Next year, we think growth will pick up to 3.3%, driven primarily by the rebound in investment spending.

Hungary: growth to pick up, but road ahead will be bumpy
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk Evaluation
risk warnings
What to watch out for
Exposure to Key global risks
Long-term prospects
Economic development
Structure of The economy
Balance of payments and Structure of trade

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