The gross domestic product (GDP) per capita in Hungary was forecast to continuously increase between 2024 and 2029 by in total 8,868.9 U.S. dollars (+37.14 percent). After the seventh consecutive increasing year, the GDP per capita is estimated to reach 32,750.33 U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).Find more key insights for the gross domestic product (GDP) per capita in countries like Czechia, Slovenia, and Slovakia.
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Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.
Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.
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The Gross Domestic Product (GDP) in Hungary expanded 0.40 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Hungary GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
The tourism sector GDP share in Hungary was forecast to continuously increase between 2023 and 2028 by in total 2.4 percentage points. The share is estimated to amount to 8.71 percent in 2028. While the share was forecast to increase significant in the next years, the increase will slow down in the future.Depited is the economic contribution of the tourism sector in relation to the gross domestic product of the country or region at hand.The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the tourism sector GDP share in countries like Czechia and Slovakia.
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Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
This statistic shows the share of economic sectors in gross domestic product (GDP) in Hungary from 2013 to 2023. In 2023, the share of agriculture in Hungary's gross domestic product was 4.69 percent, industry contributed approximately 24.32 percent and the services sector contributed about 57.56 percent.
The growth of the real gross domestic product (GDP) in Hungary was forecast to continuously increase between 2024 and 2029 by in total 1.7 percentage points. The growth is estimated to amount to 3.2 percent in 2029. This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.Find more key insights for the growth of the real gross domestic product (GDP) in countries like Czechia, Slovakia, and Slovenia.
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Hungary HU: GDP: Real data was reported at 31,826,596.918 HUF mn in 2017. This records an increase from the previous number of 30,605,819.424 HUF mn for 2016. Hungary HU: GDP: Real data is updated yearly, averaging 26,364,191.361 HUF mn from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 31,826,596.918 HUF mn in 2017 and a record low of 18,403,056.605 HUF mn in 1993. Hungary HU: GDP: Real data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hungary – Table HU.World Bank.WDI: Gross Domestic Product: Real. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
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Key information about Hungary Nominal GDP Growth
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Hungary HU: GDP: Real: per Capita data was reported at 3,253,878.302 HUF in 2017. This records an increase from the previous number of 3,118,580.364 HUF for 2016. Hungary HU: GDP: Real: per Capita data is updated yearly, averaging 2,608,470.419 HUF from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 3,253,878.302 HUF in 2017 and a record low of 1,776,781.631 HUF in 1993. Hungary HU: GDP: Real: per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hungary – Table HU.World Bank.WDI: Gross Domestic Product: Real. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
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GDP: Central Hungary: Budapest data was reported at 12,800,619.000 HUF mn in 2016. This records an increase from the previous number of 12,498,102.000 HUF mn for 2015. GDP: Central Hungary: Budapest data is updated yearly, averaging 10,235,712.000 HUF mn from Dec 2000 (Median) to 2016, with 17 observations. The data reached an all-time high of 12,800,619.000 HUF mn in 2016 and a record low of 4,662,508.000 HUF mn in 2000. GDP: Central Hungary: Budapest data remains active status in CEIC and is reported by Hungarian Central Statistical Office. The data is categorized under Global Database’s Hungary – Table HU.A023: ESA 2010: GDP: by Region.
According to the forecast published by the OECD Economic Outlook, Hungary's GDP was expected to increase by 6.9 percen in 2021, following the drop caused by the coronavirus (COVID-19) in 2020.
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Contains data from the World Bank's data portal covering the following topics which also exist as individual datasets on HDX: Agriculture and Rural Development, Aid Effectiveness, Economy and Growth, Education, Energy and Mining, Environment, Financial Sector, Health, Infrastructure, Social Protection and Labor, Poverty, Private Sector, Public Sector, Science and Technology, Social Development, Urban Development, Gender, Millenium development goals, Climate Change, External Debt, Trade.
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GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.
Hungary's gross domestic product (GDP) per capita increased steadily over the observed years. In 2023, the figure totaled 20,495 euros compared to 10,351 euros recorded in 2013.
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Hungary HU: GDP: % of Manufacturing: Food, Beverages and Tobacco data was reported at 10.109 % in 2013. This records an increase from the previous number of 9.883 % for 2012. Hungary HU: GDP: % of Manufacturing: Food, Beverages and Tobacco data is updated yearly, averaging 12.301 % from Dec 1963 (Median) to 2013, with 51 observations. The data reached an all-time high of 22.089 % in 1992 and a record low of 7.050 % in 1987. Hungary HU: GDP: % of Manufacturing: Food, Beverages and Tobacco data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hungary – Table HU.World Bank: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Food, beverages, and tobacco correspond to ISIC divisions 15 and 16.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;
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Graph and download economic data for Real Gross Domestic Product for Hungary (CLVMNACSCAB1GQHU) from Q1 1995 to Q4 2024 about Hungary, real, and GDP.
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GDP from Services in Hungary increased to 8778670 HUF Million in the fourth quarter of 2024 from 8689006 HUF Million in the third quarter of 2024. This dataset provides - Hungary Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Graph and download economic data for Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Hungary (LMUNRLTTHUA647S) from 1990 to 2023 about Hungary, participation, and unemployment.
The gross domestic product (GDP) per capita in Hungary was forecast to continuously increase between 2024 and 2029 by in total 8,868.9 U.S. dollars (+37.14 percent). After the seventh consecutive increasing year, the GDP per capita is estimated to reach 32,750.33 U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).Find more key insights for the gross domestic product (GDP) per capita in countries like Czechia, Slovenia, and Slovakia.