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Hungary

Author

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  • Daniel Bulin

Abstract

Entered into recession in 2012, the Hungarian economy recorded in 2013 moderate growth as a result of recovery in domestic demand, especially through a favorable evolution of investments. Economic recovery has generated positive results on unemployment and inflation, declining in 2013, on the one hand, and on the trade balance and current account balance, with a growing excess as well, on the other hand. Recent forecasts by the European Commission and other institutions, indicates that Hungary will pass well through the election year 2014, supporting his doubling rate of economic growth by consumption, investment and exports.

Suggested Citation

  • Daniel Bulin, 2014. "Hungary," Conjunctura economiei mondiale / World Economic Studies, Institute for World Economy, Romanian Academy.
    • Handle: RePEc:iem:conjun:y:2014:id:2822000009586063
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