Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in Hungary
Hungary: Business enterprise R&D expenditure in high-tech sectors by NACE … 2 was 2,047 Million euro in 2024. ▲ Rising
Latest (2024)
2,047 Million euro
Change on year
up 3.2%
World rank
29th
of 54 countries
All-time high
2,047 Million euro
in 2024
All-time low
361.63 Million euro
in 2005
Years of data
20
2005–2024
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Hungary, 2005–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, business enterprise r&d expenditure in high-tech sectors by nace rev. in Hungary stood at 2,047 Million euro. That is the highest value across all 20 years on record.
The figure is up 3.2% on the previous year and up 100.2% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Hungary peaked at 2,047 Million euro in 2024 and was at its lowest, 361.63 Million euro, in 2005.
Hungary ranks 29th of 54 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Business enterprise R&D expenditure in high-tech sectors by NACE … 2 in Hungary, year by year
| Year | Million euro | Change |
|---|---|---|
| 2005 | 361.63 Million euro | — |
| 2006 | 434.69 Million euro | +20.2% |
| 2007 | 492.02 Million euro | +13.2% |
| 2008 | 556.8 Million euro | +13.2% |
| 2009 | 610.8 Million euro | +9.7% |
| 2010 | 673.54 Million euro | +10.3% |
| 2011 | 751.95 Million euro | +11.6% |
| 2012 | 825.14 Million euro | +9.7% |
| 2013 | 982.51 Million euro | +19.1% |
| 2014 | 1,022 Million euro | +4.0% |
| 2015 | 1,110 Million euro | +8.6% |
| 2016 | 1,017 Million euro | -8.4% |
| 2017 | 1,223 Million euro | +20.3% |
| 2018 | 1,551 Million euro | +26.8% |
| 2019 | 1,621 Million euro | +4.5% |
| 2020 | 1,679 Million euro | +3.6% |
| 2021 | 1,910 Million euro | +13.7% |
| 2022 | 1,690 Million euro | -11.5% |
| 2023 | 1,982 Million euro | +17.3% |
| 2024 | 2,047 Million euro | +3.2% |
Hungary compared with similar countries
- Hungary's 2,047 Million euro is below the median for Europe & Central Asia, which is 3,162 Million euro, 65% of the median. (35 countries reporting)
- Hungary's 2,047 Million euro is below the median for high income countries, which is 6,039 Million euro, 34% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 491.19 Million euro | 361.63 Million euro | 610.8 Million euro | 5 |
| 2010s | 1,078 Million euro | 673.54 Million euro | 1,621 Million euro | 10 |
| 2020s | 1,862 Million euro | 1,679 Million euro | 2,047 Million euro | 5 |
Countries ranked near Hungary
More economy & growth data for Hungary
- Real gdp growth, annual growth rate -26.96 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 3.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.009 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 233.67 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.49 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0066 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 170.62 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is business enterprise r&d expenditure in high-tech sectors by nace rev. in Hungary?
- Business enterprise r&d expenditure in high-tech sectors by nace rev. in Hungary was 2,047 Million euro in 2024, according to Eurostat.
- What is the highest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Hungary?
- The highest recorded value was 2,047 Million euro in 2024.
- What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Hungary?
- The lowest recorded value was 361.63 Million euro in 2005.
- How does Hungary rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
- Hungary ranks 29th out of 54 countries with data for 2024.
- Is business enterprise r&d expenditure in high-tech sectors by nace rev. rising or falling in Hungary?
- Over the last ten years it is up 100.2%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from Eurostat, published as part of Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 2. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (Eurostat).