The outlook of the Hungarian economy does not seem to be very bright for 2012-2013. In the best case GDP. on average, will be stagnating during these years. The present economic policy has caused serious confidence crisis among economic players and potential investors. The present economic situation foreshadows worsening economic tendencies. Another economic recession is forecast in Hungary for 2012, a decline by 1.5 per cent for GDP, by 2.5 per cent for consumption and by 4 per cent for investments is expected, only the trade balance will improve. 

One of the most important positive aspects of Hungary’s transformation and switch to a market economy has been a significant decrease in its hunger for energy. Although Hungary’s GDP is roughly 30% higher in 2005 than it was at the start of transition, its total energy consumption is still just 87% of its level at that time. Energy consumption per unit of GDP is now nearly 50% of its level before transition. Both a clear change in economic structure and dramatic increases in energy prices have played a role in these developments.