GDP (constant LCU) (UNICEF) in Hungary
Hungary: GDP (constant LCU) (UNICEF) was 54.36 trillion in 2024. ▲ Rising
Latest (2024)
54.36 trillion
Change on year
up 0.6%
World rank
5th
of 74 countries
All-time high
54.51 trillion
in 2022
All-time low
7.16 trillion
in 1960
Years of data
65
1960–2024
GDP in Hungary, 1960–2024
Source: UNICEF.
Analysis
Hungary recorded 54.36 trillion for gdp in 2024.
The figure is up 0.6% on the previous year and up 30.7% over ten years.
Over the whole period, gdp in Hungary peaked at 54.51 trillion in 2022 and was at its lowest, 7.16 trillion, in 1960.
Hungary ranks 5th of 74 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 65 years of available data.
GDP (constant LCU) (UNICEF) in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 7.16 trillion | — |
| 1961 | 7.50 trillion | +4.7% |
| 1962 | 7.95 trillion | +6.1% |
| 1963 | 8.41 trillion | +5.7% |
| 1964 | 8.80 trillion | +4.7% |
| 1965 | 12.54 trillion | +42.4% |
| 1966 | 13.46 trillion | +7.4% |
| 1967 | 14.47 trillion | +7.5% |
| 1968 | 15.18 trillion | +4.9% |
| 1969 | 16.23 trillion | +6.9% |
| 1970 | 16.99 trillion | +4.7% |
| 1971 | 18.05 trillion | +6.2% |
| 1972 | 19.15 trillion | +6.1% |
| 1973 | 20.47 trillion | +6.9% |
| 1974 | 21.68 trillion | +5.9% |
| 1975 | 23.02 trillion | +6.2% |
| 1976 | 23.85 trillion | +3.6% |
| 1977 | 25.66 trillion | +7.6% |
| 1978 | 26.79 trillion | +4.4% |
| 1979 | 27.51 trillion | +2.7% |
| 1980 | 27.57 trillion | +0.2% |
| 1981 | 28.36 trillion | +2.9% |
| 1982 | 29.16 trillion | +2.8% |
| 1983 | 29.37 trillion | +0.7% |
| 1984 | 30.15 trillion | +2.7% |
| 1985 | 30.08 trillion | -0.3% |
| 1986 | 30.54 trillion | +1.5% |
| 1987 | 31.78 trillion | +4.1% |
| 1988 | 31.76 trillion | -0.1% |
| 1989 | 31.99 trillion | +0.7% |
| 1990 | 30.87 trillion | -3.5% |
| 1991 | 27.20 trillion | -11.9% |
| 1992 | 26.37 trillion | -3.1% |
| 1993 | 26.22 trillion | -0.6% |
| 1994 | 26.99 trillion | +2.9% |
| 1995 | 27.39 trillion | +1.5% |
| 1996 | 27.42 trillion | +0.1% |
| 1997 | 28.23 trillion | +3.0% |
| 1998 | 29.32 trillion | +3.8% |
| 1999 | 30.23 trillion | +3.1% |
| 2000 | 31.56 trillion | +4.4% |
| 2001 | 32.84 trillion | +4.1% |
| 2002 | 34.39 trillion | +4.7% |
| 2003 | 35.75 trillion | +3.9% |
| 2004 | 37.52 trillion | +5.0% |
| 2005 | 39.14 trillion | +4.3% |
| 2006 | 40.68 trillion | +3.9% |
| 2007 | 40.81 trillion | +0.3% |
| 2008 | 41.22 trillion | +1.0% |
| 2009 | 38.44 trillion | -6.7% |
| 2010 | 38.85 trillion | +1.1% |
| 2011 | 39.59 trillion | +1.9% |
| 2012 | 39.06 trillion | -1.3% |
| 2013 | 39.86 trillion | +2.0% |
| 2014 | 41.58 trillion | +4.3% |
| 2015 | 43.11 trillion | +3.7% |
| 2016 | 44.16 trillion | +2.4% |
| 2017 | 45.98 trillion | +4.1% |
| 2018 | 48.56 trillion | +5.6% |
| 2019 | 51.02 trillion | +5.1% |
| 2020 | 48.81 trillion | -4.3% |
| 2021 | 52.33 trillion | +7.2% |
| 2022 | 54.51 trillion | +4.2% |
| 2023 | 54.06 trillion | -0.8% |
| 2024 | 54.36 trillion | +0.6% |
Hungary compared with similar countries
- Hungary's 54.36 trillion is above the median for high income countries, which is 445.69 billion, 122.0× the median. (42 countries reporting)
- Hungary's 54.36 trillion is above the median for Europe & Central Asia, which is 490.93 billion, 110.7× the median. (52 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU) (UNICEF) 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 |
|---|---|---|---|
| 1965 | +42.4% | 8.80 trillion | 12.54 trillion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.17 trillion | 7.16 trillion | 16.23 trillion | 10 |
| 1970s | 22.32 trillion | 16.99 trillion | 27.51 trillion | 10 |
| 1980s | 30.08 trillion | 27.57 trillion | 31.99 trillion | 10 |
| 1990s | 28.02 trillion | 26.22 trillion | 30.87 trillion | 10 |
| 2000s | 37.23 trillion | 31.56 trillion | 41.22 trillion | 10 |
| 2010s | 43.18 trillion | 38.85 trillion | 51.02 trillion | 10 |
| 2020s | 52.81 trillion | 48.81 trillion | 54.51 trillion | 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 gdp in Hungary?
- Gdp in Hungary was 54.36 trillion in 2024, according to UNICEF.
- What is the highest gdp recorded in Hungary?
- The highest recorded value was 54.51 trillion in 2022.
- What is the lowest gdp recorded in Hungary?
- The lowest recorded value was 7.16 trillion in 1960.
- How does Hungary rank for gdp?
- Hungary ranks 5th out of 74 countries with data for 2024.
- Is gdp rising or falling in Hungary?
- Over the last ten years it is up 30.7%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from UNICEF, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
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