The Gross Domestic Product (GDP) in Hungary contracted 1.3 percent in the first quarter of 2012 over the previous quarter. Historically, from 1995 until 2011, Hungary’s average quarterly GDP Growth was 0.63 percent reaching an historical high of 1.73 percent in March of 2002 and a record low of -2.90 percent in March of 2009. Hungarian economy is a medium-sized, structurally, politically, and institutionally open economy in Central Europe and is part of the EU single market. Hungary is a rapidly developing country and the fifth largest national economy in Central and Eastern Europe. This page includes: Hungary GDP Growth Rate chart, historical data, forecasts and news. Data is also available for Hungary GDP Annual Growth Rate, which measures growth over a full economic year.
