Remittances in Hungary decreased to 245.80 EUR Million in the third quarter of 2020 from 253 EUR Million in the second quarter of 2020. source: National Bank of Hungary

Remittances in Hungary averaged 194.41 EUR Million from 1995 until 2020, reaching an all time high of 385.40 EUR Million in the fourth quarter of 2007 and a record low of 57 EUR Million in the first quarter of 2008. This page provides - Hungary Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Remittances - values, historical data and charts - was last updated on February of 2021.

Remittances in Hungary is expected to be 346.60 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Hungary to stand at 345.16 in 12 months time. In the long-term, the Hungary Remittances is projected to trend around 345.20 EUR Million in 2021 and 345.09 EUR Million in 2022, according to our econometric models.

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Hungary Remittances

Actual Previous Highest Lowest Dates Unit Frequency
245.80 253.00 385.40 57.00 1995 - 2020 EUR Million Quarterly
NSA

Hungary Trade Last Previous Highest Lowest Unit
Balance of Trade 109947.25 298168.08 416880.60 -246914.83 HUF Million [+]
Current Account 752.01 -698.13 1751.59 -2472.45 EUR Million [+]
Current Account to GDP -0.80 0.40 6.10 -10.80 percent [+]
Imports 2914313.11 3394669.34 3394669.34 27000.00 HUF Million [+]
Exports 3024260.36 3692837.42 3698462.77 26300.00 HUF Million [+]
External Debt 109285.29 107356.29 144792.66 15620.59 EUR Million [+]
Terms of Trade 101.26 102.03 104.50 96.04 points [+]
Capital Flows 1373.80 -450.80 4965.30 -2846.60 EUR Million [+]
Foreign Direct Investment 300.40 979.10 4256.60 -15036.60 EUR Million [+]
Remittances 245.80 253.00 385.40 57.00 EUR Million [+]
Gold Reserves 31.51 31.51 31.51 0.00 Tonnes [+]
Terrorism Index 0.55 0.18 2.32 0.00 [+]
Crude Oil Production 16.00 17.00 46.00 9.00 BBL/D/1K [+]


Hungary Remittances
In Hungary, Remittances refers to inflows of current and capital transfers in cash and kind, including migrants’ and short-term employee income transfers (personal remittances) and acquired rights in social benefits (total remittances).