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Hungary economy
(USD billions) 2000 2001 2002 2003 2004 (e) 2005 (f)
Economic growth (%) 5.2 3.8 3.5 2.9 3.5 3.8
Inflation (%) 9.8 9.1 5.3 4.7 7.0 4.5
Public sector balance (%GDP) (*) -3.0 -4.7 -9.4 -5.9 -5.2 -5.0
Unemployment rate (%) 6.4 5.7 5.8 5.9 n/a n/a
Exports 28.8 31.0 34.7 43.1 52.2 60.1
Imports 31.8 33.3 36.8 46.5 55.4 62.7
Trade balance -2.9 -2.2 -2.1 -3.4 -3.2 -2.6
Current account balance -3.8 -2.9 -4.4 -7.4 -7.7 -7.5
Current account balance (%GDP) -8.1 -5.6 -6.8 -9.0 -7.5 -6.8
Foreign debt 30.3 33.0 40.3 55.6 61.9 68.1
Debt service (%Exports) 15.2 13.8 13.3 14.5 12.4 14.8
Currency reserves (import months) 3.4 3.0 2.6 2.5 2.2 2.0

(e) estimate (f) forecast

Source: Cofacerating, 2005

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