Current account balance as a share of GDP in Hungary
Hungary: Current account balance as a share of GDP was 1.6% in 2024. ◆ Volatile
Current account balance as a share of GDP in Hungary, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Hungary recorded 1.6% for current account balance as a share of gdp in 2024.
The figure is up 110.7% over ten years.
Over the whole period, current account balance as a share of gdp in Hungary peaked at 4.4% in 2016 and was at its lowest, -9.9%, in 2005.
That places Hungary 69th out of 193 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 share of GDP in Hungary, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -8.8% | — |
| 2001 | -6.1% | -30.8% |
| 2002 | -6.5% | +5.6% |
| 2003 | -8.3% | +28.1% |
| 2004 | -9.1% | +9.9% |
| 2005 | -9.9% | +8.9% |
| 2006 | -7.3% | -26.3% |
| 2007 | -7.3% | -0.0% |
| 2008 | -7.3% | -0.3% |
| 2009 | -1.2% | -83.2% |
| 2010 | -0.2% | -84.4% |
| 2011 | 0.4% | -326.3% |
| 2012 | 1.1% | +151.2% |
| 2013 | 3.0% | +176.9% |
| 2014 | 0.8% | -74.9% |
| 2015 | 2.1% | +182.7% |
| 2016 | 4.4% | +107.5% |
| 2017 | 1.7% | -60.9% |
| 2018 | 0.3% | -80.2% |
| 2019 | -0.6% | -279.4% |
| 2020 | -1.0% | +68.9% |
| 2021 | -4.3% | +316.5% |
| 2022 | -8.9% | +106.8% |
| 2023 | 0.0% | -100.0% |
| 2024 | 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
- 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 10.29 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8569 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 22,200 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.5 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 302.6 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 7.84 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.4619 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5471 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Hungary?
- Current account balance as a share of gdp in Hungary was 1.6% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Hungary?
- The highest recorded value was 4.4% in 2016.
- What is the lowest current account balance as a share of gdp recorded in Hungary?
- The lowest recorded value was -9.9% in 2005.
- How does Hungary rank for current account balance as a share of gdp?
- Hungary ranks 69th out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Hungary?
- Over the last ten years it is up 110.7%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).