Current account balance as a proportion of GDP (%) in Hungary
Hungary: Current account balance as a proportion of GDP (%) was 1.6% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Hungary, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, current account balance as a proportion of gdp in Hungary stood at 1.6%.
Compared with earlier readings it is up 43,852.7% on the previous year and up 111.6% over ten years.
Over the whole period, current account balance as a proportion of gdp in Hungary peaked at 4.4% in 2016 and was at its lowest, -9.9%, in 2005.
That places Hungary 73rd out of 205 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP (%) in Hungary, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -8.8% | — |
| 2001 | -6.1% | -30.7% |
| 2002 | -6.4% | +5.5% |
| 2003 | -8.3% | +28.2% |
| 2004 | -9.1% | +9.9% |
| 2005 | -9.9% | +8.9% |
| 2006 | -7.3% | -26.3% |
| 2007 | -7.3% | +0.0% |
| 2008 | -7.3% | -0.2% |
| 2009 | -1.2% | -83.2% |
| 2010 | -0.2% | -84.6% |
| 2011 | 0.4% | -327.8% |
| 2012 | 1.1% | +151.6% |
| 2013 | 3.0% | +177.2% |
| 2014 | 0.7% | -75.0% |
| 2015 | 2.1% | +183.4% |
| 2016 | 4.4% | +107.8% |
| 2017 | 1.7% | -60.9% |
| 2018 | 0.3% | -80.2% |
| 2019 | -0.6% | -278.0% |
| 2020 | -1.0% | +70.5% |
| 2021 | -4.3% | +314.3% |
| 2022 | -8.9% | +107.0% |
| 2023 | -0.0% | -100.0% |
| 2024 | 1.6% | -43852.7% |
Hungary compared with similar countries
- Hungary's 1.6% is above the median for high income countries, which is 1.6%, 1.0× the median. (69 countries reporting)
- Hungary's 1.6% is above the median for Europe & Central Asia, which is -0.7%. (50 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) in Hungary changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | +43852.7% | -0.0% | 1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -7.2% | -9.9% | -1.2% | 10 |
| 2010s | 1.3% | -0.6% | 4.4% | 10 |
| 2020s | -2.5% | -8.9% | 1.6% | 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 current account balance as a proportion of gdp in Hungary?
- Current account balance as a proportion of gdp in Hungary was 1.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Hungary?
- The highest recorded value was 4.4% in 2016.
- What is the lowest current account balance as a proportion of gdp recorded in Hungary?
- The lowest recorded value was -9.9% in 2005.
- How does Hungary rank for current account balance as a proportion of gdp?
- Hungary ranks 73rd out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Hungary?
- Over the last ten years it is up 111.6%. 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 Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
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