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Commission Report 2002 (Hungary)

Financial indicators

1997 1998 1999 2000 2001
Financial indicators in % of Gross Domestic Product
Gross foreign debt of the whole economy 1 52.9 47.9 50.3 44.6 :
in % of exports
Gross foreign debt of the whole economy 2 116.3 94.7 95.0 72.5 :
Monetary aggregates 1000 Mio ECU/euro
- M1 6.8 7.1 8.4 9.0 11.3
- M2 17.7 18.2 20.9 22.5 28.4
- M3 17.9 18.3 21.1 22.8 28.9
Total credit 26.3 25.9 25.0 27.2 32.3
Average short-term interest rates % per annum
- Day-to-day money rate 20.8 18.0 14.8 11.1 10.9
- Lending rate 23.0 20.1 17.2 13.1 12.5
- Deposit rate 17.6 15.4 12.6 9.2 9.0
ECU/EUR exchange rates (1ECU/euro=Forint)
- Average of period 211.65 240.57 252.77 260.05 256.59
- End of period 224.71 252.39 254.70 265.00 245.18
1995=100
- Effective exchange rate index 59.9 53.1 49.6 47.0 47.4
Reserve assets Mio ECU/euro
-Reserve assets (including gold) 7,634 8,107 10,883 12,065 12,252
-Reserve assets (excluding gold) 7,608 8,081 10,855 12,036 12,221
1 Series breaks after 1997
2 Series breaks after 1997

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