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The Gross Domestic Product per capita in Hungary was last recorded at 16524.82 US dollars in 2024. The GDP per Capita in Hungary is equivalent to 131 percent of the world's average. This dataset provides the latest reported value for - Hungary GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Key information about Hungary Household Income per Capita
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TwitterThe gross domestic product (GDP) in current prices in Hungary amounted to 223.06 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by 199.94 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by 108.07 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
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Hungary Household Income data was reported at 52,915.790 HUF bn in 2023. This records an increase from the previous number of 45,268.927 HUF bn for 2022. Hungary Household Income data is updated yearly, averaging 18,831.024 HUF bn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 52,915.790 HUF bn in 2023 and a record low of 4,538.994 HUF bn in 1995. Hungary Household Income 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.H017: Household Income.
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The Gross Domestic Product per capita in Hungary was last recorded at 40702.15 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Hungary, when adjusted by Purchasing Power Parity is equivalent to 229 percent of the world's average. This dataset provides the latest reported value for - Hungary GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Hungary HU: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 12,870.000 USD in 2017. This records an increase from the previous number of 12,500.000 USD for 2016. Hungary HU: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 10,440.000 USD from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 13,460.000 USD in 2014 and a record low of 3,700.000 USD in 1993. Hungary HU: GDP: USD: Gross National Income per Capita: Atlas Method 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: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
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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 Price Level of GDP, average of GEKS-CPDW for Hungary (PL2GDPHUA621NUPN) from 1970 to 2010 about Hungary and GDP.
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Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Hungary (PC2GDPHUA620NUPN) from 1970 to 2010 about Hungary, PPP, per capita, and GDP.
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Hungary HU: GDP: Growth: GNI per Capita data was reported at 3.064 % in 2015. This records an increase from the previous number of 2.842 % for 2014. Hungary HU: GDP: Growth: GNI per Capita data is updated yearly, averaging 2.993 % from Dec 1994 (Median) to 2015, with 22 observations. The data reached an all-time high of 5.353 % in 2000 and a record low of -4.942 % in 2009. Hungary HU: GDP: Growth: GNI 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: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
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Hungary: Exports of goods and services as percent of GDP: The latest value from 2024 is 74.66 percent, a decline from 80.84 percent in 2023. In comparison, the world average is 44.58 percent, based on data from 134 countries. Historically, the average for Hungary from 1991 to 2024 is 66.69 percent. The minimum value, 23.15 percent, was reached in 1993 while the maximum of 89.5 percent was recorded in 2022.
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Hungary: Household consumption as percent of GDP: The latest value from 2023 is 49.13 percent, a decline from 49.68 percent in 2022. In comparison, the world average is 63.62 percent, based on data from 155 countries. Historically, the average for Hungary from 1991 to 2023 is 52.8 percent. The minimum value, 47.96 percent, was reached in 2021 while the maximum of 59.6 percent was recorded in 1993.
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Hungary: Pension fund assets as percent of GDP: The latest value from 2020 is 3.96 percent, an increase from 3.78 percent in 2019. In comparison, the world average is 29.44 percent, based on data from 78 countries. Historically, the average for Hungary from 2001 to 2020 is 6.23 percent. The minimum value, 3.71 percent, was reached in 2011 while the maximum of 14.42 percent was recorded in 2010.
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Hungary: Trade openness: exports plus imports as percent of GDP: The latest value from 2024 is 143.78 percent, a decline from 157.11 percent in 2023. In comparison, the world average is 92.80 percent, based on data from 133 countries. Historically, the average for Hungary from 1991 to 2024 is 132.47 percent. The minimum value, 53.41 percent, was reached in 1993 while the maximum of 183.81 percent was recorded in 2022.
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Key information about Hungary Nominal GDP
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Hungary: Bank assets, percent of GDP: The latest value from 2021 is 57.69 percent, a decline from 61.47 percent in 2020. In comparison, the world average is 71.17 percent, based on data from 140 countries. Historically, the average for Hungary from 1991 to 2021 is 54.06 percent. The minimum value, 34.9 percent, was reached in 1998 while the maximum of 83.85 percent was recorded in 2008.
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Hungary: Health spending as percent of GDP: The latest value from 2023 is 6.36 percent, a decline from 6.69 percent in 2022. In comparison, the world average is 8.63 percent, based on data from 21 countries. Historically, the average for Hungary from 2000 to 2023 is 7.15 percent. The minimum value, 6.28 percent, was reached in 2019 while the maximum of 8.12 percent was recorded in 2003.
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Hungary HU: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 19.868 % in 2017. This records a decrease from the previous number of 19.904 % for 2016. Hungary HU: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 18.902 % from Dec 1995 (Median) to 2017, with 23 observations. The data reached an all-time high of 20.524 % in 2015 and a record low of 17.142 % in 2009. Hungary HU: GDP: % of GDP: Gross Value Added: Industry: Manufacturing 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. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
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This scatter chart displays central government debt (% of GDP) against median age (year) in Hungary. The data is about countries per year.
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Hungary HU: GDP: % of GDP: Exports of Goods and Services data was reported at 90.090 % in 2017. This records an increase from the previous number of 89.537 % for 2016. Hungary HU: GDP: % of GDP: Exports of Goods and Services data is updated yearly, averaging 64.735 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 90.213 % in 2015 and a record low of 23.168 % in 1993. Hungary HU: GDP: % of GDP: Exports of Goods and Services 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: Share of GDP. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
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The Gross Domestic Product per capita in Hungary was last recorded at 16524.82 US dollars in 2024. The GDP per Capita in Hungary is equivalent to 131 percent of the world's average. This dataset provides the latest reported value for - Hungary GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.