HistoryData

Current Account Balance: Hungary

Hungary's current account balance is currently 0.9 % of GDP as of 2026. # Hungary Current Account Balance Hungary's current account balance stands at 0.

Current (2026)
0.9 % of GDP
-25.0% y/y
Peak (2016)
4.4 % of GDP
Low (1993)
-12.1 % of GDP
Source
IMF World Economic Outlook
19802026 · 51 pts

Current Account BalanceHungary

19802026

Current Account Balance — Hungary
-12.1% of GDP-7.975% of GDP-3.85% of GDP0.275% of GDP4.4% of GDP198019902000201020202030LowPeak
Analysis# Hungary Current Account Balance Hungary's current account balance stands at 0.9% of GDP in 2026, reflecting a moderate surplus position. The country has experienced substantial volatility since 1980, with an all-time peak of 4.4% in 2016 and a devastating low of -12.1% in 1993. The 118.8% total change over this 50-year period underscores Hungary's economic transformation and evolving trade dynamics. A dramatic deterioration occurred between 2021 and 2022, when the balance plummeted from -4.1% to -8.5% of GDP—the worst performance since the 1990s. However, a sharp reversal began in 2023, climbing to 0.3% and accelerating to 2.2% in 2024. The projected decline to 0.9% by 2026 suggests stabilization around a moderate surplus, indicating Hungary's external accounts have normalized following the post-pandemic shock.

Historical Data

51 Rows
YearValueChange %
20301.7 % of GDP+13.33%
20291.5 % of GDP+7.14%
20281.4 % of GDP+16.67%
20271.2 % of GDP+33.33%
20260.9 % of GDP-25.00%
20251.2 % of GDP-45.45%
20242.2 % of GDP+633.33%
20230.3 % of GDP+103.53%
2022-8.5 % of GDP-107.32%
2021-4.1 % of GDP-355.56%
2020-0.9 % of GDP-50.00%
2019-0.6 % of GDP-400.00%
20180.2 % of GDP-88.89%
20171.8 % of GDP-59.09%
20164.4 % of GDP+100.00%
20152.2 % of GDP+144.44%
20140.9 % of GDP-70.97%
20133.1 % of GDP+181.82%
20121.1 % of GDP+266.67%
20110.3 % of GDP+200.00%
Show all 51 rows
YearValueChange %
2010-0.3 % of GDP+76.92%
2009-1.3 % of GDP+82.67%
2008-7.5 % of GDP-1.35%
2007-7.4 % of GDP+1.33%
2006-7.5 % of GDP-4.17%
2005-7.2 % of GDP+15.29%
2004-8.5 % of GDP-6.25%
2003-8 % of GDP-26.98%
2002-6.3 % of GDP-8.62%
2001-5.8 % of GDP+31.76%
2000-8.5 % of GDP-7.59%
1999-7.9 % of GDP-11.27%
1998-7.1 % of GDP-73.17%
1997-4.1 % of GDP-7.89%
1996-3.8 % of GDP-8.57%
1995-3.5 % of GDP+70.09%
1994-11.7 % of GDP+3.31%
1993-12.1 % of GDP-505.00%
1992-2 % of GDP+44.44%
1991-3.6 % of GDP-550.00%
19900.8 % of GDP+142.11%
1989-1.9 % of GDP+0.00%
1988-1.9 % of GDP+24.00%
1987-2.5 % of GDP+54.55%
1986-5.5 % of GDP-161.90%
1985-2.1 % of GDP-1150.00%
19840.2 % of GDP+125.00%
1983-0.8 % of GDP+63.64%
1982-2.2 % of GDP+62.07%
1981-5.8 % of GDP-20.83%
1980-4.8 % of GDP

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