Central and Eastern Europe

Central and Eastern Europe

Most recent Economic Perspectives for Central and Eastern Europe

Economic forecasts August 2026

Czech Republic
						2025	2026	2027
Real GDP (average yearly change, in %)						2.7	2.0	2.1
Inflation (average yearly change, harmonised CPI, in %)						2.3	2.1	3.3
Unemployment rate (Eurostat definition, in % of the labour force, end of year)						3.2	3.2	3.0
Government budget balance (in % of GDP)						-2.1	-2.7	-3.1
Gross public debt (in % of GDP)						44.2	46.0	47.8
Current account balance (in % of GDP)						0.7	0.0	0.1
House prices (Eurostat definition, average yearly change in %, existing and new dwellings)						10.4	7.7	4.5
							10/8/2026

Slovakia
						2025	2026	2027
Real GDP (average yearly change, in %)						0.8	0.6	1.2
Inflation (average yearly change, harmonised CPI, in %)						4.2	4.1	3.5
Unemployment rate (Eurostat definition, in % of the labour force, end of year)						5.7	5.9	5.9
Government budget balance (in % of GDP)						-4.5	-5.0	-5.4
Gross public debt (in % of GDP)						61.4	63.5	65.5
Current account balance (in % of GDP)						-3.7	-3.6	-3.3
House prices (Eurostat definition, average yearly change in %, existing and new dwellings)						12.4	7.5	5.0
							10/8/2026

Hungary
						2025	2026	2027
Real GDP (average yearly change, in %)						0.4	1.8	2.6
Inflation (average yearly change, harmonised CPI, in %)						4.4	2.2	3.1
Unemployment rate (Eurostat definition, in % of the labour force, end of year)						4.5	4.5	4.1
Government budget balance (in % of GDP)						-4.7	-6.8	-5.5
Gross public debt (in % of GDP)						74.6	76.1	76.9
Current account balance (in % of GDP)						1.8	0.0	0.5
House prices (Eurostat definition, average yearly change in %, existing and new dwellings)						18.3	9.0	5.0
							10/8/2026

Bulgaria
						2025	2026	2027
Real GDP (average yearly change, in %)						3.2	2.6	2.4
Inflation (average yearly change, harmonised CPI, in %)						3.5	4.7	3.5
Unemployment rate (Eurostat definition, in % of the labour force, end of year)						3.1	3.3	3.4
Government budget balance (in % of GDP)						-3.5	-5.7	-3.8
Gross public debt (in % of GDP)						29.9	30.1	33.6
Current account balance (in % of GDP)						-5.4	-6.0	-5.2
House prices (Eurostat definition, average yearly change in %, existing and new dwellings)						14.6	7.9	4.5
							10/8/2026

Other forecasts and economic updates

World

Belgium