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  • 30-July-2021

    English

    Hungary: reforms to raise productivity would strengthen recovery from COVID-19, says OECD

    Hungary’s economy is emerging from the crisis caused by COVID-19, yet sustaining the country’s robust pre-pandemic levels of growth will require reforms to foster productivity and job creation, according to a new OECD report.

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  • 17-November-2020

    English

    The impact of COVID-19 on SME financing - A special edition of the OECD Financing SMEs and Entrepreneurs Scoreboard

    The COVID-19 crisis has had a profound impact on SME access to finance. In particular, the sudden drop in revenues created acute liquidity shortages, threatening the survival of many viable businesses. The report documents an increase in demand for bank lending in the first half of 2020, and a steady supply of credit thanks to government interventions. On the other hand, other sources of finance declined, in particular early-stage equity. This paper, a special edition of Financing SMEs and Entrepreneurs, focuses on the impacts of COVID-19 on SME access to finance, along with government policy responses. It reveals that the pre-crisis financing environment was broadly favourable for SMEs and entrepreneurs, who benefited from low interest rates, loose credit standards and an increasingly diverse offer of financing instruments. It documents the unprecedented scope and scale of the policy responses undertaken by governments world-wide, and details their key characteristics, and outlines the principal issues and policy challenges for the next phases of the pandemic, such as the over-indebtedness of SMEs and the need to continue to foster a diverse range of financing instruments for SMEs.
  • 31-January-2019

    English

    Further reforms will promote a stronger and more inclusive Hungarian economy

    The Hungarian economy is in the midst of a strong recovery, driven by high levels of employment that are boosting wages, consumer confidence and domestic demand. Policy should aim to prolong the economic expansion, ensure that growth is greener and that the benefits are shared amongst all Hungarians, according to a new report from the OECD.

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  • 6-May-2016

    English

    Launch of the 2016 Economic Survey of Hungary

    It is a great pleasure for me to be in Budapest on a doubly important occasion. We are presenting the 2016 Economic Survey of Hungary, but also celebrating the 20th anniversary of Hungary’s accession to the OECD.

  • 6-May-2016

    English

    Hungarian economy expanding but reforms needed to boost skills, business investment and incomes

    The Hungarian economy has expanded strongly in recent years, helped by robust exports and firm domestic demand. But incomes are among the lowest in the OECD and structural reforms will be needed to sustain growth over the medium term, strengthen business investment and better match skills to labour market needs, according to a new OECD report.

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  • 6-May-2016

    English

    Economic Survey of Hungary 2016

    Hungarian economy expanding but reforms needed to boost skills, business investment and incomes

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  • 9-February-2015

    English, PDF, 98kb

    Going for growth 2015 - Hungary

    This country note from Going for Growth 2015 for Hungary identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.

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  • 10-June-2014

    English

    Enhancing competition and the business environment in Hungary

    Over the past decade, the growth potential of the Hungarian economy has declined substantially. Trend productivity has ceased to increase, and investment has fallen to historically low levels.

  • 10-June-2014

    English

    Tackling labour mismatches and promoting mobility in Hungary

    Significant labour market mismatches and insufficient mobility penalise employment and productivity. Mismatches have above all a skills dimension, with an excess of low-skilled workers and a possible lack of skilled workers in certain domains.

  • 26-April-2013

    English

    OECD Central Government Debt Statistics 2012

    Governments are major issuers of debt instruments in the global financial market. This volume provides quantitative information on central government debt instruments for the 34 OECD member countries to meet the analytical requirements of users such as policy makers, debt management experts and market analysts.  Statistics are presented according to a comprehensive standard framework to allow cross-country comparison.  Country methodological notes provide information on debt issuance in each country as well as on the institutional and regulatory framework governing debt management policy and selling techniques.
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