Economic performance grows by 5.0%

The gross domestic product of Hungary was up by 5.0% according to raw data and by 4.8% according to seasonally and calendar adjusted and reconciled data in the 3rd quarter of 2019 compared to the corresponding period of the previous year. The main contributors to the growth were industry, construction and market-based services.

Compared to the previous quarter the volume of gross domestic product grew by 1.1% – according to seasonally and calendar adjusted and reconciled data – in the 3rd quarter of 2019.

Volume indices of GDP (corresponding period of previous year = 100.0) (%) Year Unadjusted, raw data Calendar adjusted data I II III IV I–II I–III I–IV I II III IV I–II I–III I–IV 2016 101.3 103.1 102.5 101.9 102.2 102.3 102.2 101.3 102.6 102.3 102.1 102.0 102.1 102.1 2017 104.7 103.7 104.3 104.7 104.2 104.2 104.3 104.4 104.2 104.5 105.1 104.3 104.3 104.5 2018 104.7 105.0 105.3 105.3 104.9 105.0 105.1 105.1 104.8 105.5 105.1 105.0 105.2 105.1 2019 105.3 104.9 105.0 105.1 105.1 105.3 105.1 104.8 105.2 105.1