Annual gdp growth in Hungary
Hungary: Annual gdp growth was 0.56 in 2024. ◆ Volatile
Annual gdp growth in Hungary, 2000–2024
Source: Our World in Data.
Analysis
Hungary recorded 0.56 for annual gdp growth in 2024.
That represents a change of up 168.3% on the previous year and down 87.1% over ten years.
Over the whole period, annual gdp growth in Hungary peaked at 7.22 in 2021 and was at its lowest, -6.74, in 2009.
That places Hungary 181st out of 212 countries with data for 2024, putting it 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 | 4.41 | — |
| 2001 | 4.06 | -7.9% |
| 2002 | 4.73 | +16.5% |
| 2003 | 3.94 | -16.7% |
| 2004 | 4.96 | +25.9% |
| 2005 | 4.3 | -13.3% |
| 2006 | 3.93 | -8.6% |
| 2007 | 0.33 | -91.6% |
| 2008 | 0.99 | +200.0% |
| 2009 | -6.74 | -780.8% |
| 2010 | 1.07 | -115.9% |
| 2011 | 1.92 | +79.4% |
| 2012 | -1.34 | -169.8% |
| 2013 | 2.03 | -251.5% |
| 2014 | 4.33 | +113.3% |
| 2015 | 3.66 | -15.5% |
| 2016 | 2.44 | -33.3% |
| 2017 | 4.12 | +68.9% |
| 2018 | 5.61 | +36.2% |
| 2019 | 5.08 | -9.4% |
| 2020 | -4.34 | -185.4% |
| 2021 | 7.22 | -266.4% |
| 2022 | 4.15 | -42.5% |
| 2023 | -0.82 | -119.8% |
| 2024 | 0.56 | -168.3% |
Hungary compared with similar countries
- Hungary's 0.56 is below the median for high income countries, which is 2.14, 26% of the median. (83 countries reporting)
- Hungary's 0.56 is below the median for Europe & Central Asia, which is 2.14, 26% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where Annual gdp growth in Hungary changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -780.8% | 0.99 | -6.74 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.49 | -6.74 | 4.96 | 10 |
| 2010s | 2.89 | -1.34 | 5.61 | 10 |
| 2020s | 1.35 | -4.34 | 7.22 | 5 |
Countries ranked near Hungary
- 178 Syria 0.73 compare
- 179 Micronesia (country) 0.72 compare
- 180 Italy 0.69 compare
- 182 South Africa 0.53 compare
- 183 Finland 0.42 compare
- 184 San Marino 0.4 compare
More economy & growth data for Hungary
- Real gdp growth, annual growth rate -26.96 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 3.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.009 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 233.67 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.49 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0066 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 170.62 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Hungary?
- Annual gdp growth in Hungary was 0.56 in 2024, according to Our World in Data.
- What is the highest annual gdp growth recorded in Hungary?
- The highest recorded value was 7.22 in 2021.
- What is the lowest annual gdp growth recorded in Hungary?
- The lowest recorded value was -6.74 in 2009.
- How does Hungary rank for annual gdp growth?
- Hungary ranks 181st out of 212 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 Our World in Data, 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 CC BY 4.0 (Our World in Data).