Annual growth of exports of goods and services in Hungary
Hungary: Annual growth of exports of goods and services was -0.9% in 2024. ◆ Volatile
Latest (2024)
-0.9%
Change on year
down 105.1%
World rank
133rd
of 176 countries
All-time high
24.9%
in 2000
All-time low
-10.7%
in 2009
Years of data
25
2000–2024
Annual growth of exports of goods and services in Hungary, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Hungary recorded -0.9% for annual growth of exports of goods and services in 2024.
Compared with earlier readings it is down 105.1% on the previous year and down 109.6% over ten years.
Over the whole period, annual growth of exports of goods and services in Hungary peaked at 24.9% in 2000 and was at its lowest, -10.7%, in 2009.
Hungary ranks 133rd of 176 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 growth of exports of goods and services in Hungary, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 24.9% | — |
| 2001 | 8.7% | -64.9% |
| 2002 | 5.7% | -35.2% |
| 2003 | 6.2% | +9.5% |
| 2004 | 18.1% | +191.1% |
| 2005 | 12.8% | -29.2% |
| 2006 | 19.5% | +52.8% |
| 2007 | 16.1% | -17.4% |
| 2008 | 6.7% | -58.5% |
| 2009 | -10.7% | -260.0% |
| 2010 | 11.1% | -203.7% |
| 2011 | 6.4% | -42.4% |
| 2012 | -1.7% | -126.5% |
| 2013 | 4.1% | -340.0% |
| 2014 | 9.2% | +125.5% |
| 2015 | 7.4% | -20.0% |
| 2016 | 3.8% | -48.4% |
| 2017 | 6.5% | +70.5% |
| 2018 | 5.0% | -23.0% |
| 2019 | 5.5% | +9.4% |
| 2020 | -6.1% | -212.5% |
| 2021 | 8.2% | -234.2% |
| 2022 | 10.7% | +29.7% |
| 2023 | 17.4% | +63.0% |
| 2024 | -0.9% | -105.1% |
Hungary compared with similar countries
- Hungary's -0.9% is below the median for high income countries, which is 2.2%. (62 countries reporting)
- Hungary's -0.9% is below the median for Europe & Central Asia, which is 0.8%. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.8% | -10.7% | 24.9% | 10 |
| 2010s | 5.7% | -1.7% | 11.1% | 10 |
| 2020s | 5.9% | -6.1% | 17.4% | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -60.84 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.2468 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -6,395 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -69.94 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -14.09 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.2837 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -7,351 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.3 % change on previous year (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in Hungary?
- Annual growth of exports of goods and services in Hungary was -0.9% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of exports of goods and services recorded in Hungary?
- The highest recorded value was 24.9% in 2000.
- What is the lowest annual growth of exports of goods and services recorded in Hungary?
- The lowest recorded value was -10.7% in 2009.
- How does Hungary rank for annual growth of exports of goods and services?
- Hungary ranks 133rd out of 176 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Hungary?
- Over the last ten years it is down 109.6%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).