Divergence of GDP per capita among latecomers to the capitalist revolution in Hungary
Hungary: Divergence of GDP per capita among latecomers to the capitalist revolution was 25,623 2011$ in 2018. ◆ Volatile
Latest (2018)
25,623 2011$
Change on year
up 5.2%
World rank
43rd
of 145 countries
All-time high
25,623 2011$
in 2018
All-time low
1,741 2011$
in 1870
Years of data
98
1870–2018
Divergence of GDP per capita among latecomers to the capitalist revolution in Hungary, 1870–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
In 2018, divergence of gdp per capita among latecomers to the capitalist revolution in Hungary stood at 25,623 2011$. That is the highest value across all 98 years on record.
Compared with earlier readings it is up 5.2% on the previous year and up 25.7% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Hungary peaked at 25,623 2011$ in 2018 and was at its lowest, 1,741 2011$, in 1870.
That places Hungary 43rd out of 145 countries with data for 2018, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Divergence of GDP per capita among latecomers to the capitalist revolution in Hungary, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1870 | 1,741 2011$ | — |
| 1890 | 2,348 2011$ | +34.9% |
| 1900 | 2,681 2011$ | +14.2% |
| 1910 | 3,188 2011$ | +18.9% |
| 1913 | 3,344 2011$ | +4.9% |
| 1920 | 2,724 2011$ | -18.5% |
| 1924 | 3,048 2011$ | +11.9% |
| 1925 | 3,633 2011$ | +19.2% |
| 1926 | 3,446 2011$ | -5.1% |
| 1927 | 3,566 2011$ | +3.5% |
| 1928 | 3,849 2011$ | +7.9% |
| 1929 | 3,947 2011$ | +2.5% |
| 1930 | 3,832 2011$ | -2.9% |
| 1931 | 3,615 2011$ | -5.7% |
| 1932 | 3,494 2011$ | -3.3% |
| 1933 | 3,784 2011$ | +8.3% |
| 1934 | 3,778 2011$ | -0.2% |
| 1935 | 3,939 2011$ | +4.3% |
| 1936 | 4,173 2011$ | +5.9% |
| 1937 | 4,053 2011$ | -2.9% |
| 1938 | 4,232 2011$ | +4.4% |
| 1939 | 4,524 2011$ | +6.9% |
| 1940 | 4,186 2011$ | -7.5% |
| 1941 | 4,186 2011$ | +0.0% |
| 1942 | 4,372 2011$ | +4.4% |
| 1946 | 2,743 2011$ | -37.3% |
| 1947 | 2,828 2011$ | +3.1% |
| 1948 | 3,507 2011$ | +24.0% |
| 1949 | 3,752 2011$ | +7.0% |
| 1950 | 3,953 2011$ | +5.4% |
| 1951 | 4,296 2011$ | +8.7% |
| 1952 | 4,403 2011$ | +2.5% |
| 1953 | 4,441 2011$ | +0.9% |
| 1954 | 4,543 2011$ | +2.3% |
| 1955 | 4,894 2011$ | +7.7% |
| 1956 | 4,632 2011$ | -5.4% |
| 1957 | 5,051 2011$ | +9.0% |
| 1958 | 5,367 2011$ | +6.3% |
| 1959 | 5,553 2011$ | +3.5% |
| 1960 | 5,816 2011$ | +4.7% |
| 1961 | 6,083 2011$ | +4.6% |
| 1962 | 6,315 2011$ | +3.8% |
| 1963 | 6,644 2011$ | +5.2% |
| 1964 | 6,994 2011$ | +5.3% |
| 1965 | 7,029 2011$ | +0.5% |
| 1966 | 7,406 2011$ | +5.4% |
| 1967 | 7,801 2011$ | +5.3% |
| 1968 | 7,865 2011$ | +0.8% |
| 1969 | 8,069 2011$ | +2.6% |
| 1970 | 8,015 2011$ | -0.7% |
| 1971 | 8,349 2011$ | +4.2% |
| 1972 | 8,505 2011$ | +1.9% |
| 1973 | 8,920 2011$ | +4.9% |
| 1974 | 9,111 2011$ | +2.1% |
| 1975 | 9,253 2011$ | +1.6% |
| 1976 | 9,231 2011$ | -0.2% |
| 1977 | 9,765 2011$ | +5.8% |
| 1978 | 9,967 2011$ | +2.1% |
| 1979 | 9,964 2011$ | -0.0% |
| 1980 | 10,052 2011$ | +0.9% |
| 1981 | 10,123 2011$ | +0.7% |
| 1982 | 10,493 2011$ | +3.7% |
| 1983 | 10,401 2011$ | -0.9% |
| 1984 | 10,696 2011$ | +2.8% |
| 1985 | 10,452 2011$ | -2.3% |
| 1986 | 10,678 2011$ | +2.2% |
| 1987 | 10,861 2011$ | +1.7% |
| 1988 | 11,207 2011$ | +3.2% |
| 1989 | 11,003 2011$ | -1.8% |
| 1990 | 10,296 2011$ | -6.4% |
| 1991 | 9,256 2011$ | -10.1% |
| 1992 | 9,154 2011$ | -1.1% |
| 1993 | 9,294 2011$ | +1.5% |
| 1994 | 9,772 2011$ | +5.1% |
| 1995 | 10,135 2011$ | +3.7% |
| 1996 | 10,359 2011$ | +2.2% |
| 1997 | 10,942 2011$ | +5.6% |
| 1998 | 11,663 2011$ | +6.6% |
| 1999 | 12,317 2011$ | +5.6% |
| 2000 | 13,129 2011$ | +6.6% |
| 2001 | 13,934 2011$ | +6.1% |
| 2002 | 14,899 2011$ | +6.9% |
| 2003 | 15,830 2011$ | +6.2% |
| 2004 | 16,999 2011$ | +7.4% |
| 2005 | 18,141 2011$ | +6.7% |
| 2006 | 19,253 2011$ | +6.1% |
| 2007 | 19,764 2011$ | +2.7% |
| 2008 | 20,381 2011$ | +3.1% |
| 2009 | 19,461 2011$ | -4.5% |
| 2010 | 20,036 2011$ | +3.0% |
| 2011 | 20,886 2011$ | +4.2% |
| 2012 | 20,631 2011$ | -1.2% |
| 2013 | 21,126 2011$ | +2.4% |
| 2014 | 22,040 2011$ | +4.3% |
| 2015 | 22,788 2011$ | +3.4% |
| 2016 | 23,279 2011$ | +2.2% |
| 2017 | 24,350 2011$ | +4.6% |
| 2018 | 25,623 2011$ | +5.2% |
Hungary compared with similar countries
- Hungary's 25,623 2011$ is below the median for high income countries, which is 35,336 2011$, 73% of the median. (51 countries reporting)
- Hungary's 25,623 2011$ is below the median for Europe & Central Asia, which is 27,056 2011$, 95% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Divergence of GDP per capita among latecomers to the capitalist revolution in Hungary changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1946 | -37.3% | 4,372 2011$ | 2,743 2011$ |
| 1890 | +34.9% | 1,741 2011$ | 2,348 2011$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1870s | 1,741 2011$ | 1,741 2011$ | 1,741 2011$ | 1 |
| 1890s | 2,348 2011$ | 2,348 2011$ | 2,348 2011$ | 1 |
| 1900s | 2,681 2011$ | 2,681 2011$ | 2,681 2011$ | 1 |
| 1910s | 3,266 2011$ | 3,188 2011$ | 3,344 2011$ | 2 |
| 1920s | 3,459 2011$ | 2,724 2011$ | 3,947 2011$ | 7 |
| 1930s | 3,942 2011$ | 3,494 2011$ | 4,524 2011$ | 10 |
| 1940s | 3,653 2011$ | 2,743 2011$ | 4,372 2011$ | 7 |
| 1950s | 4,713 2011$ | 3,953 2011$ | 5,553 2011$ | 10 |
| 1960s | 7,002 2011$ | 5,816 2011$ | 8,069 2011$ | 10 |
| 1970s | 9,108 2011$ | 8,015 2011$ | 9,967 2011$ | 10 |
| 1980s | 10,597 2011$ | 10,052 2011$ | 11,207 2011$ | 10 |
| 1990s | 10,319 2011$ | 9,154 2011$ | 12,317 2011$ | 10 |
| 2000s | 17,179 2011$ | 13,129 2011$ | 20,381 2011$ | 10 |
| 2010s | 22,307 2011$ | 20,036 2011$ | 25,623 2011$ | 9 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -60.84 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.2468 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -6,395 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -69.94 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -14.09 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.2837 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -7,351 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.3 % change on previous year (2025)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Hungary?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Hungary was 25,623 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Hungary?
- The highest recorded value was 25,623 2011$ in 2018.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Hungary?
- The lowest recorded value was 1,741 2011$ in 1870.
- How does Hungary rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Hungary ranks 43rd out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Hungary?
- Over the last ten years it is up 25.7%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 98 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]