Hungary overview

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In Hungary we focus on:

select areas where transition gaps remain and where the Bank can be additional, including in the efforts to overcome the impact of Covid-19.

developing capital markets and on opportunities to deploy equity and innovative investment products, and where appropriate seek to address inclusion and governance issues.

supporting projects in the areas of resource and energy efficiency, decarbonisation and renewable energy. The Bank will continue to pursue cooperation with the
authorities, including with the Ministry of Innovation & Technology on energy efficiency and the National Bank on green bonds and other green financial products.

The EBRD’s latest strategy for Hungary was adopted on 10 March 2021

Hungary's policy response to the coronavirus crisis

The EBRD is monitoring Hungary's policy response to the coronavirus pandemic. Our biweekly publication identifies the major channels of disruption as well as selected impact and response indicators.

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Current EBRD forecast for Hungary’s real GDP growth in 2022: 4.8%

In 2020, GDP declined by 5.0 per cent in Hungary, but the economy started to recover from the second half of 2020, in quarter-on-quarter terms, with the rebound especially visible in exports and, to a lesser extent, in household consumption. The unemployment rate has remained stable, mostly below 4.5 per cent, throughout the entire pandemic period so far.


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