Hungary current account

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Hungary current account: 1859.75 (-413.31%)
Last Update: March 31, 2024

Hungary current account closed down 1859.75 as of March 31, 2024 from -593.59 from the previous month and 373.9 from last year.


Hungary current account Analytics & Data




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Hungary current account

DateValues
2024-03-31 1859.75
2023-12-31 -593.59
2023-09-30 469
2023-06-30 703.86
2023-03-31 -606.75
2022-12-31 -4500.58
2022-09-30 -4633.63
2022-06-30 -2692.5
2022-03-31 -2156.9
2021-12-31 -2965.5
2021-09-30 -2702.83
2021-06-30 -747.9
2021-03-31 373.9
2020-12-31 -516.6
2020-09-30 226.1
2020-06-30 -847.2
2020-03-31 316.6
2019-12-31 -612.5
2019-09-30 -345
2019-06-30 446
2019-03-31 148.6
2018-12-31 -625.6
2018-09-30 -192.2
2018-06-30 564.1

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Hungary current account Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current accounthu.currentaccount1859.75-593.59-413397UPUP882024-03-31

Hungary current account Factors

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Hungary current account Historical Data

The MacroVar database offers free access to historical data for the Hungary current account, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Hungary current account data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Hungary current account

The current account of Hungary refers to the balance of trade, services, income, and transfers with the rest of the world. This account measures the country's economic transactions with other nations, including exports and imports of goods and services, as well as income earned from investments abroad and transfers of money between countries. A positive current account balance indicates that a country is exporting more than it is importing, while a negative balance suggests the opposite. Hungary's current account has been in surplus in recent years, driven by strong exports, particularly in the automotive and electronics sectors. This surplus has helped to strengthen the country's overall economic position and has contributed to its stable economic growth.

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