This web page archives information about the work of the former IMF Resident Representative Office in Hungary. Additional information can be found on the Hungary and IMF country page, including IMF reports and Executive Board documents that deal with Hungary.

Back to Top

At a Glance: Hungary's Relations with the IMF

  • Current IMF membership: 189 countries
  • Hungary joined the Fund on May 6, 1982; Article VIII
  • Quota: SDR 1,038.4 million
  • Outstanding loans: None
  • The latest Article IV consultation was concluded by the Executive Board on April 3, 2015. (Country Report No. 15/92)

Back to Top

News and Highlights

More

Back to Top

Hungary and the IMF

More

Back to Top

Latest on Europe

Regional Economic Issues: Central, Eastern and Southeastern Europe

Effective Government for Stronger Growth

November 2016

Economic growth remains solid in much of Central, Eastern, and Southeastern Europe (CESEE). Outside the Commonwealth of Independent States (CIS), growth has continued at a good pace on the back of accommodative macroeconomic policies as well as buoyant consumption supported by strong real wage and employment growth. In Russia, the pace of economic contraction has moderated, as the economy appears to have adjusted to lower oil prices and the sanctions shock. Other CIS economies are gradually exiting from recessions on improved external demand. For the region as a whole, GDP growth is projected to reach 1.3 percent in 2016 and 2.1 percent in 2017, largely reflecting the improved outlook in the CIS.

Read the report