Analysis by Region - Emerging Markets - Hungary

Analysis by Region - Emerging Markets - Hungary

We trimmed our 2024 GDP growth forecast by 0.1ppt to 2.2% this month. Recent signals from the Hungarian economy paint a mixed picture. So, while we think the recovery will proceed, its path will likely prove bumpy. Risks to our 2025 GDP growth forecast, unchanged at 3.3%, remain skewed to the downside.

Hungary: The economic recovery is yet to gain traction
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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