Annual GDP growth in Hungary
Hungary: Annual GDP growth was 0.6% in 2024. ◆ Volatile
Latest (2024)
0.6%
Change on year
up 168.5%
World rank
169th
of 196 countries
All-time high
7.2%
in 2021
All-time low
-6.7%
in 2009
Years of data
25
2000–2024
Annual GDP growth in Hungary, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Hungary recorded 0.6% for annual gdp growth in 2024.
The figure is up 168.5% on the previous year and down 87.1% over ten years.
Over the whole period, annual gdp growth in Hungary peaked at 7.2% in 2021 and was at its lowest, -6.7%, in 2009.
Hungary ranks 169th of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.4% | — |
| 2001 | 4.1% | -7.9% |
| 2002 | 4.7% | +16.4% |
| 2003 | 3.9% | -16.7% |
| 2004 | 5.0% | +26.0% |
| 2005 | 4.3% | -13.4% |
| 2006 | 3.9% | -8.5% |
| 2007 | 0.3% | -91.6% |
| 2008 | 1.0% | +198.9% |
| 2009 | -6.7% | -778.5% |
| 2010 | 1.1% | -115.8% |
| 2011 | 1.9% | +79.5% |
| 2012 | -1.3% | -169.9% |
| 2013 | 2.0% | -251.7% |
| 2014 | 4.3% | +113.3% |
| 2015 | 3.7% | -15.6% |
| 2016 | 2.4% | -33.4% |
| 2017 | 4.1% | +69.1% |
| 2018 | 5.6% | +35.9% |
| 2019 | 5.1% | -9.4% |
| 2020 | -4.3% | -185.5% |
| 2021 | 7.2% | -266.5% |
| 2022 | 4.2% | -42.5% |
| 2023 | -0.8% | -119.7% |
| 2024 | 0.6% | -168.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.5% | -6.7% | 5.0% | 10 |
| 2010s | 2.9% | -1.3% | 5.6% | 10 |
| 2020s | 1.4% | -4.3% | 7.2% | 5 |
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)
- Net primary income (Net income from abroad) (current LCU), annual 30.14 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 12.56 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1431 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 3,708 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 8.7 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 50.54 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 1.31 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0022 (2025)
Frequently asked questions
- What is annual gdp growth in Hungary?
- Annual gdp growth in Hungary was 0.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Hungary?
- The highest recorded value was 7.2% in 2021.
- What is the lowest annual gdp growth recorded in Hungary?
- The lowest recorded value was -6.7% in 2009.
- How does Hungary rank for annual gdp growth?
- Hungary ranks 169th out of 196 countries with data for 2024.
- Is annual gdp growth rising or falling in Hungary?
- Over the last ten years it is down 87.1%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).