Hungary - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Hungary was 5.11 as of 2021. As the graph below shows, over the past 48 years this indicator reached a maximum value of 34.82 in 1991 and a minimum value of -0.23 in 2014.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1973 3.39
1974 1.80
1975 3.84
1976 5.23
1977 3.91
1978 4.69
1979 8.98
1980 9.29
1981 4.66
1982 6.84
1983 7.28
1984 8.47
1985 6.94
1986 5.29
1987 8.67
1988 15.72
1989 17.15
1990 28.37
1991 34.82
1992 23.66
1993 22.46
1994 18.87
1995 28.31
1996 23.47
1997 18.31
1998 14.15
1999 10.00
2000 9.80
2001 9.12
2002 5.27
2003 4.66
2004 6.74
2005 3.56
2006 3.93
2007 7.96
2008 6.04
2009 4.21
2010 4.86
2011 3.93
2012 5.65
2013 1.73
2014 -0.23
2015 -0.06
2016 0.39
2017 2.35
2018 2.85
2019 3.34
2020 3.33
2021 5.11

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Hungary was 5.92 as of 2020. As the graph below shows, over the past 28 years this indicator reached a maximum value of 26.73 in 1995 and a minimum value of 1.32 in 2016.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1992 21.51
1993 21.28
1994 19.49
1995 26.73
1996 21.93
1997 20.26
1998 13.77
1999 8.12
2000 9.58
2001 11.05
2002 8.09
2003 5.44
2004 5.09
2005 2.63
2006 3.66
2007 5.44
2008 4.81
2009 4.20
2010 2.53
2011 1.93
2012 2.89
2013 2.82
2014 3.70
2015 2.78
2016 1.32
2017 4.03
2018 4.85
2019 4.77
2020 5.92

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Hungary was 5.92 as of 2020. Over the past 28 years, the value for this indicator has fluctuated between 26.73 in 1995 and 1.32 in 2016.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
1992 21.51
1993 21.28
1994 19.49
1995 26.73
1996 21.93
1997 20.26
1998 13.77
1999 8.12
2000 9.58
2001 11.05
2002 8.09
2003 5.44
2004 5.09
2005 2.63
2006 3.66
2007 5.44
2008 4.81
2009 4.20
2010 2.53
2011 1.93
2012 2.89
2013 2.82
2014 3.70
2015 2.78
2016 1.32
2017 4.03
2018 4.85
2019 4.77
2020 5.92

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices