Coface: the Hungarian economy may expand by 4 percent this year

By: Trademagazin editor Date: 2021. 02. 18. 11:35

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After the economic shock caused by the pandemic, the world economy may expand by 4.3 percent in 2021, and Hungarian GDP may grow by 4 percent, according to the forecast of the Coface credit insurer.

According to a statement sent to MTI on Thursday, there will be significant differences in the pace of recovery between countries and sectors.
While the performance of China and several Asian countries is pulling up global economic growth, the most advanced economies will not return to their pre-crisis GDP levels this year. (MTI)