Annual growth of general government final consumption expenditure in Hungary
Hungary: Annual growth of general government final consumption expenditure was 1.18 in 2023. ◆ Volatile
Annual growth of general government final consumption expenditure in Hungary, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for annual growth of general government final consumption expenditure in Hungary is 1.18, measured in 2023.
That represents a change of down 59.6% on the previous year and down 62.1% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Hungary peaked at 5.93 in 2019 and was at its lowest, -4.27, in 2007.
Hungary ranks 103rd of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.2 | — |
| 2001 | 3.98 | -5.2% |
| 2002 | 5.49 | +37.9% |
| 2003 | 5.1 | -7.1% |
| 2004 | 0.86 | -83.1% |
| 2005 | 2 | +132.6% |
| 2006 | 1.81 | -9.5% |
| 2007 | -4.27 | -335.9% |
| 2008 | 3.05 | -171.4% |
| 2009 | 0.73 | -76.1% |
| 2010 | -0.19 | -126.0% |
| 2011 | 0.37 | -294.7% |
| 2012 | -1.36 | -467.6% |
| 2013 | 3.11 | -328.7% |
| 2014 | 5.17 | +66.2% |
| 2015 | 1.95 | -62.3% |
| 2016 | 0.74 | -62.1% |
| 2017 | 2.75 | +271.6% |
| 2018 | 1.78 | -35.3% |
| 2019 | 5.93 | +233.1% |
| 2020 | -0.09 | -101.5% |
| 2021 | 1.83 | -2133.3% |
| 2022 | 2.92 | +59.6% |
| 2023 | 1.18 | -59.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.29 | -4.27 | 5.49 | 10 |
| 2010s | 2.02 | -1.36 | 5.93 | 10 |
| 2020s | 1.46 | -0.09 | 2.92 | 4 |
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)
- Manufacturing, value added (current US$), per unit of GDP 0.1514 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 3,923 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 53.48 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 1.39 million current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.103 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 2,667 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 886,292 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 6.83 % change on previous year (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Hungary?
- Annual growth of general government final consumption expenditure in Hungary was 1.18 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Hungary?
- The highest recorded value was 5.93 in 2019.
- What is the lowest annual growth of general government final consumption expenditure recorded in Hungary?
- The lowest recorded value was -4.27 in 2007.
- How does Hungary rank for annual growth of general government final consumption expenditure?
- Hungary ranks 103rd out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Hungary?
- Over the last ten years it is down 62.1%. 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 growth of general government final consumption expenditure. 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).