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Hungary real GDPHungary real GDPHungary real GDP

Hungary real GDP

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Key data points


Last release
—
Observation period
Q3 2024
Next release
—
Forecast
—
Highest
‪14.74 T‬ HUF on Sep 30, 2024
Lowest
‪5.17 T‬ HUF on Mar 31, 1996

About Hungary real GDP


Category
GDP
Source
Central Statistical Office
Frequency
Quarterly
Units
HUF

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HUGDPMAN
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HUGDPPA
GDP From Public Administration
HUGDPPC
GDP Per Capita
HUGDPPCP
GDP Per Capita PPP
HUGDPQQ
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Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Hungary real GDP was 14.74 T HUF, and the quarter before that it reached 14.54 T HUF.