Business Confidence in Hungary increased to -24.50 points in May from -27.20 points in April of 2020.

Business Confidence in Hungary averaged -4.32 points from 1996 until 2020, reaching an all time high of 17.30 points in July of 2018 and a record low of -37.70 points in March of 2009. This page provides - Hungary Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Business Confidence - values, historical data and charts - was last updated on June of 2020.

Business Confidence in Hungary is expected to be -38.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Hungary to stand at -22.00 in 12 months time. In the long-term, the Hungary Business Confidence is projected to trend around -14.00 points in 2021 and -7.00 points in 2022, according to our econometric models.

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Hungary Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-24.50 -27.20 17.30 -37.70 1996 - 2020 points Monthly

Hungary Business Last Previous Highest Lowest Unit
Business Confidence -24.50 -27.20 17.30 -37.70 points [+]
Industrial Production -5.60 3.80 23.50 -28.99 percent [+]
Industrial Production Mom 0.20 4.60 16.60 -13.10 percent [+]
Manufacturing Production -5.70 4.10 34.80 -31.40 percent [+]
New Orders 89.90 106.50 266.90 50.30 points [+]
Changes in Inventories 86818.00 229086.00 456415.00 -443317.00 HUF Million [+]
Car Registrations 6170.00 11478.00 21340.00 2425.00 [+]
Internet Speed 14814.21 14300.93 14814.21 2884.96 KBps [+]
IP Addresses 2456014.00 2513970.00 2810081.00 1052005.00 IP [+]
Mining Production -26.90 -17.10 138.30 -50.00 percent [+]
Manufacturing Pmi 40.30 33.70 61.10 28.50 points [+]
Steel Production 152.00 154.00 272.00 37.00 Thousand Tonnes [+]
Competitiveness Index 65.08 64.31 65.08 4.21 Points [+]
Competitiveness Rank 47.00 48.00 63.00 38.00 [+]
Capacity Utilization 71.80 80.80 87.90 67.80 percent [+]
Ease of Doing Business 52.00 53.00 54.00 40.00 [+]
Electricity Production 3004.00 2944.00 3727.00 1974.00 Gigawatt-hour [+]
Corruption Index 44.00 46.00 55.00 41.20 Points [+]
Corruption Rank 70.00 64.00 70.00 28.00 [+]


Hungary Business Confidence
In Hungary, GKI Economic Research business confidence index measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. GKI approaches 5-6 thousand companies with legal status employing more than 20 persons each month. Out of them, some 1000-1200 undertakings respond to its questionnaire. .