Annual gdp growth in Hungary
Hungary: Annual gdp growth was -0.91 in 2023. ◆ Volatile
Latest (2023)
-0.91
Change on year
down 119.9%
World rank
190th
of 211 countries
All-time high
7.06
in 2021
All-time low
-6.6
in 2009
Years of data
24
2000–2023
Annual gdp growth in Hungary, 2000–2023
Source: Our World in Data.
Analysis
Hungary recorded -0.91 for annual gdp growth in 2023.
That represents a change of down 119.9% on the previous year and down 150.6% over ten years.
Over the whole period, annual gdp growth in Hungary peaked at 7.06 in 2021 and was at its lowest, -6.6, in 2009.
That places Hungary 190th out of 211 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.53 | -6.6 | 5 | 10 |
| 2010s | 2.81 | -1.25 | 5.36 | 10 |
| 2020s | 1.56 | -4.49 | 7.06 | 4 |
Countries ranked near Hungary
- 187 Peru -0.55 compare
- 188 Lebanon -0.62 compare
- 189 Saudi Arabia -0.75 compare
- 191 Austria -0.95 compare
- 192 Luxembourg -1.1 compare
- 193 Finland -1.16 compare
- 193 Liechtenstein -1.16 compare
More economy & growth data for Hungary
- External balance on goods and services as a percent of gdp 4.48 (2025)
- Inflation of consumer prices 4.41 (2025)
- Gdp per capita worldbank constant usd 16,711 (2025)
- Manufacturing value added to gdp 15.14 (2025)
- Gdp worldbank constant usd 158.99 billion (2025)
- Gdp per capita in international and market dollars 16,711 (2025)
- DEC alternative conversion factor 353.14 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -526.05 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -1.44 billion current US$ (2024)
- Taxes less subsidies on products 12.46 trillion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Hungary?
- Annual gdp growth in Hungary was -0.91 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Hungary?
- The highest recorded value was 7.06 in 2021.
- What is the lowest annual gdp growth recorded in Hungary?
- The lowest recorded value was -6.6 in 2009.
- How does Hungary rank for annual gdp growth?
- Hungary ranks 190th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Hungary?
- Over the last ten years it is down 150.6%. 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 — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).