The Gross Domestic Product (GDP) in Hungary contracted 0.20 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Hungary GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Hungary GDP for 2023 was 212.39 billion US dollars, a 19.99% increase from 2022.

<ul style='margin-top:20px;'>

<li>Hungary GDP for 2022 was <strong>177.01 billion US dollars</strong>, a <strong>2.8% decline</strong> from 2021.</li>
<li>Hungary GDP for 2021 was <strong>182.11 billion US dollars</strong>, a <strong>15.78% increase</strong> from 2020.</li>
<li>Hungary GDP for 2020 was <strong>157.29 billion US dollars</strong>, a <strong>4.1% decline</strong> from 2019.</li>
</ul>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 gross domestic product (GDP) in current prices in Hungary was about 223.06 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 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 around 94.28 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.

Full Year GDP Growth in Hungary decreased to -0.90 percent in 2023 from 4.60 percent in 2022. This dataset includes a chart with historical data for Hungary Full Year GDP Growth.

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 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.

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;

According to the survey conducted among Hungarian large enterprises, over 60 percent of respondents expected the domestic economy to somewhat improve over the upcoming three years. Only nine percent of survey participants believed that the state of the economy would get somewhat worse over this period.

The latest data from show economic growth of -0.4 percent, which is a decrease from the rate of growth of 0.1 percent in the previous quarter and
a decrease compared to the growth rate of 1.6 percent in the same quarter last year. The economic growth time series for Hungary cover the period from...

Hungary: Economic growth forecast: The latest value from 2030 is 3 percent, unchanged from 3 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Hungary from 1980 to 2030 is 1.73 percent. The minimum value, -11.89 percent, was reached in 1991 while the maximum of 7.22 percent was recorded in 2021.

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.; ;

GDP from Transport in Hungary increased to 705009 HUF Million in the first quarter of 2025 from 699059 HUF Million in the fourth quarter of 2024. This dataset provides - Hungary Gdp From Transport and Storage- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Hungary - Economic sentiment indicator was 93.10% in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Hungary - Economic sentiment indicator - last updated from the EUROSTAT on July of 2025. Historically, Hungary - Economic sentiment indicator reached a record high of 112.40% in November of 2021 and a record low of 86.10% in November of 2022.

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.

Hungary Household Income: ow Actual Consumption on the Economic Territory data was reported at 22,291.100 HUF bn in 2016. This records an increase from the previous number of 21,407.200 HUF bn for 2015. Hungary Household Income: ow Actual Consumption on the Economic Territory data is updated yearly, averaging 15,940.600 HUF bn from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 22,291.100 HUF bn in 2016 and a record low of 4,084.600 HUF bn in 1995. Hungary Household Income: ow Actual Consumption on the Economic Territory 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.H011: Household Income.

According to the findings of a survey conducted in 2020, over 40 percent of Hungarians believed that the country's economy was in a worse state than 10 years ago. Only 31 percent of respondents found the economic circumstances better.

The statistic shows the distribution of employment in Hungary by economic sector from 2013 to 2023. In 2023, 4.43 percent of the employees in Hungary were active in the agricultural sector, 31.15 percent in industry and 64.42 percent in the service sector.

Inflation Rate in Hungary increased to 4.40 percent in May from 4.20 percent in April of 2025. This dataset provides - Hungary Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Hungary (HUNPRMNTO01IXOBM) from Jan 1992 to Mar 2024 about Hungary, production, and manufacturing.

Hungary - Direct investment in the reporting economy (flows) was -15.30 % of GDP in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Hungary - Direct investment in the reporting economy (flows) - last updated from the EUROSTAT on June of 2025. Historically, Hungary - Direct investment in the reporting economy (flows) reached a record high of 108.70 % of GDP in December of 2020 and a record low of -42.40 % of GDP in December of 2018.