Real economic GDP growth and labour market data show that Hungary’s performance is solid even from a European perspective. Over the past one year, the overall employment rate among those aged 20-64 years improved by 2.6 percentage points and thus edged closer to the 75 percent level, the EU’s target for 2020. The manufacturing industry repeatedly recorded output volume growth figures above the averages produced by the highly volatile industrial sector of the Euro-zone. The Hungarian economy has been also posting massive foreign trade surpluses: data from the first half of the year show that the volume of exports and imports was up by 8.2 percent and 6.1 percent, respectively, year-on-year.

For more information please check the attached file on the right side of the page!

(Ministry for National Economy)