• Home
• Channel: Business
• Moody’s Sees 3.4% Growth In 2019 In Hungarian Economy

Moody’s Sees 3.4% Growth In 2019 In Hungarian Economy

• 14 Jan 2019 8:21 AM
• Hungary Around the Clock

Hungary’s economy is expected to expand by 3.4% this year after the 4.3% growth likely in 2018, according to the regional report by credit-rating agency Moody’s.

The countries in the region started the year with stable credit standing but they should be prepared for the deterioration of external conditions, according to the report.

The expected slowdown of eurozone growth to 1.9% from 2.1% in 2018 and risks of a trade war between the US and China could hurt these countries.

The Czech Republic, Poland, and Hungary also depend on Europe’s largest economy as their exports to Germany account for 30%, 28% and 27.9% of the total, respectively.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Moody’s Economy

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

Explore More Reports

Hungary Employs Largest Number of Filipino Workers in EU Relative to Population

• 5 Dec 2025 2:43 PM

The Hungarian-Filipino Joint Economic Commission convened in Budapest. In a statement issued by the Ministry of Foreign Affairs and Trade, state secretary Levente Magyar said the sides had discussed matters of economy, including energy, as well as cooperation in higher education.



Government Maintains 35,000 Guest Worker Quota for 2026

• 4 Dec 2025 6:36 AM

Hungary’s quota for guest workers will remain at 35,000 for 2026, the Ministry for National Economy announced on Tuesday, adding that supporting the Hungarian workforce continues to be the government’s main priority.



Hungary Attracts Most Chinese FDI in Past Two Years

• 25 Nov 2025 11:48 AM

Hungary was the destination for the most Chinese foreign investment in the past two years, which has benefitted Hungary greatly, so the government will continue to work for unhindered global economic cooperation, Minister of Foreign Affairs and Trade Peter Szijjártó said in Brussels on Monday, before a meeting of EU trade ministers.



Updated: Over 5,000 Businesses Apply for 3pc Credit

• 10 Nov 2025 5:07 PM

More than 5,000 businesses applied for 3pc credit in the framework of the Széchenyi Card Programme in the first month after rates on the subsidised credit were reduced, the National Economy Ministry said on Monday.