Adjusted savings: gross savings in Hungary
Hungary: Adjusted savings: gross savings was 27.4% in 2021. ▲ Rising
Adjusted savings: gross savings in Hungary, 1993–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
Hungary recorded 27.4% for adjusted savings: gross savings in 2021.
The figure is up 1.8% on the previous year and up 24.4% over ten years.
Over the whole period, adjusted savings: gross savings in Hungary peaked at 28.2% in 2019 and was at its lowest, 12.2%, in 1993.
That places Hungary 62nd out of 178 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Adjusted savings: gross savings in Hungary, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1993 | 12.2% | — |
| 1994 | 16.1% | +32.7% |
| 1995 | 20.2% | +25.2% |
| 1996 | 21.7% | +7.6% |
| 1997 | 22.9% | +5.4% |
| 1998 | 22.8% | -0.6% |
| 1999 | 20.0% | -12.1% |
| 2000 | 20.4% | +2.2% |
| 2001 | 21.0% | +2.7% |
| 2002 | 19.7% | -6.3% |
| 2003 | 16.7% | -15.0% |
| 2004 | 17.8% | +6.3% |
| 2005 | 17.7% | -0.6% |
| 2006 | 19.3% | +9.0% |
| 2007 | 18.1% | -5.9% |
| 2008 | 18.9% | +4.4% |
| 2009 | 20.7% | +9.2% |
| 2010 | 21.8% | +5.3% |
| 2011 | 22.0% | +1.0% |
| 2012 | 22.0% | -0.0% |
| 2013 | 25.2% | +14.6% |
| 2014 | 25.7% | +1.9% |
| 2015 | 26.6% | +3.5% |
| 2016 | 26.5% | -0.6% |
| 2017 | 25.8% | -2.6% |
| 2018 | 27.8% | +8.1% |
| 2019 | 28.2% | +1.4% |
| 2020 | 26.9% | -4.7% |
| 2021 | 27.4% | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.4% | 12.2% | 22.9% | 7 |
| 2000s | 19.0% | 16.7% | 21.0% | 10 |
| 2010s | 25.2% | 21.8% | 28.2% | 10 |
| 2020s | 27.1% | 26.9% | 27.4% | 2 |
Countries ranked near Hungary
More economy & growth data for Hungary
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.2 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 3.54 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2215 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 5,739 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate -0.0104 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 78.23 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 2.03 million current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 0.4927 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1335 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Hungary?
- Adjusted savings: gross savings in Hungary was 27.4% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Hungary?
- The highest recorded value was 28.2% in 2019.
- What is the lowest adjusted savings: gross savings recorded in Hungary?
- The lowest recorded value was 12.2% in 1993.
- How does Hungary rank for adjusted savings: gross savings?
- Hungary ranks 62nd out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Hungary?
- Over the last ten years it is up 24.4%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.