Annual growth of the general government final consumption expenditure in Hungary
Hungary: Annual growth of the general government final consumption expenditure was 1.2% in 2023. ◆ Volatile
Annual growth of the general government final consumption expenditure in Hungary, 2000–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Hungary recorded 1.2% for annual growth of the general government final consumption expenditure in 2023.
Compared with earlier readings it is down 59.7% on the previous year and down 62.2% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Hungary peaked at 5.9% in 2019 and was at its lowest, -4.3%, in 2007.
That places Hungary 112th out of 181 countries with data for 2023, putting it 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 the general government final consumption expenditure in Hungary, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 4.2% | — |
| 2001 | 4.0% | -5.3% |
| 2002 | 5.5% | +38.1% |
| 2003 | 5.1% | -7.1% |
| 2004 | 0.9% | -83.1% |
| 2005 | 2.0% | +131.6% |
| 2006 | 1.8% | -9.8% |
| 2007 | -4.3% | -336.4% |
| 2008 | 3.1% | -171.6% |
| 2009 | 0.7% | -76.0% |
| 2010 | -0.2% | -125.9% |
| 2011 | 0.4% | -297.3% |
| 2012 | -1.4% | -463.9% |
| 2013 | 3.1% | -328.7% |
| 2014 | 5.2% | +66.0% |
| 2015 | 1.9% | -62.3% |
| 2016 | 0.7% | -62.0% |
| 2017 | 2.8% | +272.1% |
| 2018 | 1.8% | -35.3% |
| 2019 | 5.9% | +232.8% |
| 2020 | -0.1% | -101.5% |
| 2021 | 1.8% | -2128.3% |
| 2022 | 2.9% | +59.6% |
| 2023 | 1.2% | -59.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.3% | -4.3% | 5.5% | 10 |
| 2010s | 2.0% | -1.4% | 5.9% | 10 |
| 2020s | 1.5% | -0.1% | 2.9% | 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)
- Total reserves minus gold (current US$), annual growth rate 17.35 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1771 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 4,587 current US$ per person (2025)
- General government final consumption expenditure (current US$) 13.11 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2082 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 5,393 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 9.23 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 73.51 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Hungary?
- Annual growth of the general government final consumption expenditure in Hungary was 1.2% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Hungary?
- The highest recorded value was 5.9% in 2019.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Hungary?
- The lowest recorded value was -4.3% in 2007.
- How does Hungary rank for annual growth of the general government final consumption expenditure?
- Hungary ranks 112th out of 181 countries with data for 2023.
- Is annual growth of the general government final consumption expenditure rising or falling in Hungary?
- Over the last ten years it is down 62.2%. 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 growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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