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Gulyas: Hungary 2021 GDP growth rate most rapid since change of regime

February 16th, 2022

Hungary's 2021 economic growth rate of 7.1 percent was the most rapid since the country's change of regime in 1990, the prime minister's chief of staff said on Wednesday. The record growth rate is not just a result of Hungary's effective drawdown of European Union funds, but also the government's economic policies that have yielded record investments, continuous wage growth and rising consumption, Gergely Gulyas told a regular press briefing. The 7.1 percent growth rate is the second highest in the EU behind that of Poland, whose economy last year grew by 7.7 percent, Gulyas added.


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