Investments in Hungary's economy up 7.2% y/y in 2013.

By bne IntelliNews March 3, 2014

Investments in Hungary's economy increased by 7.2% y/y to HUF 4,523bn (EUR 14.58bn) in 2013, reversing from a 5.2% y/y decline in 2012, the statistics office said. Seasonally-adjusted investments advanced by 1.3% on the quarter.

The manufacturing sector, which accounted for the largest share of investments (30.6%) in 2013, registered a 4.9% y/y increase in the investment activity. The transportation and storage sector, with a share of 15.3% of the total, saw a 15.6% y/y increase and investments in the agriculture, forestry and fishing sector were up by 9.3% on the year. Investments in wholesale and retail trade rose by 5.4% y/y.

On the other hand, real estate investments, holding a share of 12.7% of the total, dropped by 11.4% y/y last year.

In other classification, investments in machinery and equipment increased by 8.5% y/y in 2013, and construction investments registered a 5.9% annual rise.

In Q4 alone, investments in Hungary grew by 14.9% y/y, boosted by 136% y/y rise in the transportation and storage sector, an 11.5% y/y increase in manufacturing as well as a 148% y/y growth in the government predominant, public administration and defence sector.

Related Articles

EU reportedly set to probe Chinese-funded Budapest-Belgrade rail link

Hungary will face a European Commission probe into its alleged failure to hold an open tender for a high-speed Chinese rail link between Budapest and Belgrade, according to media reports. The ... more

Poland and Hungary reversing transition to democracy, warns Freedom House

The rise of populism in Poland and Hungary is startling in suggesting that electorates are ready to back leaders that promise to reverse some of the most remarkable recent transitions from ... more

Emerging Europe megadeals push M&A value up 62% in 2016

Mergers and acquisitions in Central and Eastern Europe rose 62% year-on-year to €86.7bn, the highest figure since 2013, according to the Emerging Europe M&A ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss