In terms of closing the economic gap with the rest of Europe, Hungary has not been among the best performers of the countries which joined the EU after 2004, but since the financial crisis the Hungarian economy has been on a stable growth path, and this – together with the relatively high added value by labour – signals a promising future. A positive consumption trend also points to further improvement in the quality of growth, which means that the share of added value relative to total output produced in Hungary can be further increased. To this end, the Hungarian Government has introduced significant measures, and thus – along with the favourable effect of EU operative programmes – balanced economic growth can be predicted.

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(Ministry for National Economy)