This Survey is published on the responsibility of the Economic and Development Review Committee of the OECD, which is charged with the examination of the economic situation of member countries.The economic situation and policies of Hungary were reviewed by the Committee on 30 March 2016. The draft report was then revised in the light of the discussions and given final approval as the agreed report of the whole Committee on 13th April 2016.The Secretariat’s draft report was prepared for the Committee by Jens Høj and Gabriel Machlica from the OECD secretariat, and Edit Huszár, seconded from the Hungarian Ministry of the National Economy, under the supervision of Pierre Beynet. Statistical research was provided by Taejin Park with general administrative support provided by Anthony Bolton. The previous Survey of Hungary was issued in January 2014.