External balance on goods and services in Hungary
Hungary: External balance on goods and services was 4.5% in 2025. ◆ Volatile
External balance on goods and services in Hungary, 1991–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Hungary recorded 4.5% for external balance on goods and services in 2025.
Compared with earlier readings it 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 in Hungary peaked at 8.3% in 2016 and was at its lowest, -7.1%, in 1993.
Hungary ranks 44th of 193 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 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)
- Households and NPISHs Final consumption expenditure (current LCU) 8.97 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 185.57 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 4.81 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.11 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.3693 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 9,566 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 12.92 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.7337 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services in Hungary?
- External balance on goods and services in Hungary was 4.5% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Hungary?
- The highest recorded value was 8.3% in 2016.
- What is the lowest external balance on goods and services recorded in Hungary?
- The lowest recorded value was -7.1% in 1993.
- How does Hungary rank for external balance on goods and services?
- Hungary ranks 44th out of 193 countries with data for 2025.
- Is external balance on goods and services 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.