External balance on goods and services as a percent of GDP in Hungary
Hungary: External balance on goods and services as a percent of GDP was 4.5% in 2025. ◆ Volatile
External balance on goods and services as a percent of GDP in Hungary, 1991–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2025, external balance on goods and services as a percent of gdp in Hungary stood at 4.5%.
The figure is up 0.3% on the previous year and down 40.9% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Hungary peaked at 8.3% in 2016 and was at its lowest, -7.1%, in 1993.
Hungary ranks 44th of 191 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services as a percent of GDP in Hungary, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1991 | -0.8% | — |
| 1992 | -0.2% | -77.8% |
| 1993 | -7.1% | +3984.5% |
| 1994 | -5.6% | -21.3% |
| 1995 | 0.0% | -100.8% |
| 1996 | 0.5% | +1065.0% |
| 1997 | 1.0% | +91.8% |
| 1998 | -1.5% | -255.3% |
| 1999 | -2.7% | +75.8% |
| 2000 | -3.7% | +35.8% |
| 2001 | -1.3% | -64.5% |
| 2002 | -2.1% | +62.4% |
| 2003 | -4.1% | +92.1% |
| 2004 | -4.5% | +9.5% |
| 2005 | -3.0% | -34.0% |
| 2006 | -1.6% | -45.4% |
| 2007 | 0.0% | -102.7% |
| 2008 | -0.0% | -205.7% |
| 2009 | 3.4% | -7599.9% |
| 2010 | 4.7% | +37.3% |
| 2011 | 5.6% | +20.6% |
| 2012 | 6.0% | +6.5% |
| 2013 | 6.3% | +5.2% |
| 2014 | 5.7% | -9.8% |
| 2015 | 7.6% | +33.1% |
| 2016 | 8.3% | +8.9% |
| 2017 | 6.5% | -21.7% |
| 2018 | 4.1% | -36.6% |
| 2019 | 2.2% | -46.1% |
| 2020 | 1.6% | -25.3% |
| 2021 | -0.4% | -122.1% |
| 2022 | -5.3% | +1367.0% |
| 2023 | 4.2% | -177.7% |
| 2024 | 4.5% | +7.5% |
| 2025 | 4.5% | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.8% | -7.1% | 1.0% | 9 |
| 2000s | -1.7% | -4.5% | 3.4% | 10 |
| 2010s | 5.7% | 2.2% | 8.3% | 10 |
| 2020s | 1.5% | -5.3% | 4.5% | 6 |
Countries ranked near Hungary
- 41 Côte d'Ivoire 5.0% compare
- 42 Burkina Faso 5.0% compare
- 43 Venezuela, Bolivarian Republic of 4.8% compare
- 45 Uruguay 4.4% compare
- 46 Congo 4.4% compare
- 47 China 4.2% compare
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 external balance on goods and services as a percent of gdp in Hungary?
- External balance on goods and services as a percent of gdp in Hungary was 4.5% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Hungary?
- The highest recorded value was 8.3% in 2016.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Hungary?
- The lowest recorded value was -7.1% in 1993.
- How does Hungary rank for external balance on goods and services as a percent of gdp?
- Hungary ranks 44th out of 191 countries with data for 2025.
- Is external balance on goods and services as a percent of gdp rising or falling in Hungary?
- Over the last ten years it is down 40.9%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.