Economy sees highest growth in three and a half years

Automotive slowdown puts the brakes on Hungary’s industry
April 30, 2026

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Economy sees highest growth in three and a half years

The volume of Hungary’s gross domestic product was 1.7% higher according to both raw and seasonally and calendar adjusted and reconciled data in the 1st quarter of 2026 than in the corresponding period of the previous year.

Compared to the previous quarter, the economic performance grew by 0.8% according to seasonally and calendar adjusted and reconciled data.

The main contributor to the growth in gross domestic product was services, within which especially professional, scientific, technical and administrative activities. After a long period of time, the performance of industry also affected positively the change in GDP.

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