Annual value added and its components by economic activity in Hungary
Hungary: Annual value added and its components by economic activity was 170.51 Index in 2024. ▲ Rising
Annual value added and its components by economic activity in Hungary, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
In 2024, annual value added and its components by economic activity in Hungary stood at 170.51 Index. That is the highest value across all 30 years on record.
That represents a change of up 11.1% on the previous year and up 123.1% over ten years.
Over the whole period, annual value added and its components by economic activity in Hungary peaked at 170.51 Index in 2024 and was at its lowest, 25.68 Index, in 1995.
Hungary ranks 1st of 21 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 30 years of available data.
Annual value added and its components by economic activity in Hungary, year by year
| Year | Index | Change |
|---|---|---|
| 1995 | 25.68 Index | — |
| 1996 | 31.75 Index | +23.6% |
| 1997 | 37.59 Index | +18.4% |
| 1998 | 42.58 Index | +13.3% |
| 1999 | 47.69 Index | +12.0% |
| 2000 | 51.82 Index | +8.7% |
| 2001 | 55.03 Index | +6.2% |
| 2002 | 55.94 Index | +1.7% |
| 2003 | 57.61 Index | +3.0% |
| 2004 | 59.13 Index | +2.6% |
| 2005 | 60.35 Index | +2.1% |
| 2006 | 63.63 Index | +5.4% |
| 2007 | 65.47 Index | +2.9% |
| 2008 | 67.55 Index | +3.2% |
| 2009 | 69.78 Index | +3.3% |
| 2010 | 70.9 Index | +1.6% |
| 2011 | 72.29 Index | +2.0% |
| 2012 | 74.06 Index | +2.4% |
| 2013 | 75.24 Index | +1.6% |
| 2014 | 76.42 Index | +1.6% |
| 2015 | 78.27 Index | +2.4% |
| 2016 | 79.81 Index | +2.0% |
| 2017 | 82.47 Index | +3.3% |
| 2018 | 87.44 Index | +6.0% |
| 2019 | 93.18 Index | +6.6% |
| 2020 | 100 Index | +7.3% |
| 2021 | 110.68 Index | +10.7% |
| 2022 | 133.71 Index | +20.8% |
| 2023 | 153.46 Index | +14.8% |
| 2024 | 170.51 Index | +11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 37.06 Index | 25.68 Index | 47.69 Index | 5 |
| 2000s | 60.63 Index | 51.82 Index | 69.78 Index | 10 |
| 2010s | 79.01 Index | 70.9 Index | 93.18 Index | 10 |
| 2020s | 133.67 Index | 100 Index | 170.51 Index | 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)
- Manufacturing, value added (constant LCU), per capita 886,292 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 6.83 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2297 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 5,951 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 3.16 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 81.12 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 2.10 million current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -1.4 % change on previous year (2025)
Frequently asked questions
- What is annual value added and its components by economic activity in Hungary?
- Annual value added and its components by economic activity in Hungary was 170.51 Index in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual value added and its components by economic activity recorded in Hungary?
- The highest recorded value was 170.51 Index in 2024.
- What is the lowest annual value added and its components by economic activity recorded in Hungary?
- The lowest recorded value was 25.68 Index in 1995.
- How does Hungary rank for annual value added and its components by economic activity?
- Hungary ranks 1st out of 21 countries with data for 2024.
- Is annual value added and its components by economic activity rising or falling in Hungary?
- Over the last ten years it is up 123.1%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual value added and its components by economic activity — Consumption of fixed capital. Statizoid updates them automatically from the source API.
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About this data
This table presents gross value added by economic activity based on detailed breakdowns of Revision 4 of the International Standard Industrial Classification of All Economic Activities (ISIC). The table also presents detailed ISIC data for output, intermediate consumption and consumption of fixed capital (depreciation), as well as for components of gross value added (GVA) such as wages and salaries and net operating surplus (business profits) and mixed income (profits of the self-employed). These can be selected using the ‘Transaction filter’. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data is presented in current prices (default view), but for some items it is possible to select chain linked volume and other price measures using the ‘Price base’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE6A dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org