Gross domestic product (GDP) in Hungary
Hungary: Gross domestic product (GDP) was 285.38 billion international-$ in 2011 prices in 2022. ◆ Volatile
Gross domestic product (GDP) in Hungary, 1870–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
In 2022, gross domestic product (gdp) in Hungary stood at 285.38 billion international-$ in 2011 prices. That is the highest value across all 102 years on record.
The figure is up 4.6% on the previous year and up 38.7% over ten years.
Over the whole period, gross domestic product (gdp) in Hungary peaked at 285.38 billion international-$ in 2011 prices in 2022 and was at its lowest, 10.30 billion international-$ in 2011 prices, in 1870.
That places Hungary 59th out of 166 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Hungary, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1870 | 10.30 billion international-$ in 2011 prices | — |
| 1890 | 15.55 billion international-$ in 2011 prices | +50.9% |
| 1900 | 19.11 billion international-$ in 2011 prices | +22.9% |
| 1910 | 24.37 billion international-$ in 2011 prices | +27.5% |
| 1913 | 26.22 billion international-$ in 2011 prices | +7.6% |
| 1920 | 21.66 billion international-$ in 2011 prices | -17.4% |
| 1924 | 25.09 billion international-$ in 2011 prices | +15.9% |
| 1925 | 30.15 billion international-$ in 2011 prices | +20.2% |
| 1926 | 28.89 billion international-$ in 2011 prices | -4.2% |
| 1927 | 30.15 billion international-$ in 2011 prices | +4.4% |
| 1928 | 32.79 billion international-$ in 2011 prices | +8.8% |
| 1929 | 33.88 billion international-$ in 2011 prices | +3.3% |
| 1930 | 33.14 billion international-$ in 2011 prices | -2.2% |
| 1931 | 31.53 billion international-$ in 2011 prices | -4.9% |
| 1932 | 30.69 billion international-$ in 2011 prices | -2.7% |
| 1933 | 33.48 billion international-$ in 2011 prices | +9.1% |
| 1934 | 33.70 billion international-$ in 2011 prices | +0.6% |
| 1935 | 35.39 billion international-$ in 2011 prices | +5.0% |
| 1936 | 37.75 billion international-$ in 2011 prices | +6.7% |
| 1937 | 36.91 billion international-$ in 2011 prices | -2.2% |
| 1938 | 38.79 billion international-$ in 2011 prices | +5.1% |
| 1939 | 41.74 billion international-$ in 2011 prices | +7.6% |
| 1940 | 38.88 billion international-$ in 2011 prices | -6.9% |
| 1941 | 39.11 billion international-$ in 2011 prices | +0.6% |
| 1942 | 41.08 billion international-$ in 2011 prices | +5.0% |
| 1946 | 24.80 billion international-$ in 2011 prices | -39.6% |
| 1947 | 25.68 billion international-$ in 2011 prices | +3.5% |
| 1948 | 32.12 billion international-$ in 2011 prices | +25.1% |
| 1949 | 34.71 billion international-$ in 2011 prices | +8.1% |
| 1950 | 36.91 billion international-$ in 2011 prices | +6.4% |
| 1951 | 40.48 billion international-$ in 2011 prices | +9.7% |
| 1952 | 41.85 billion international-$ in 2011 prices | +3.4% |
| 1953 | 42.61 billion international-$ in 2011 prices | +1.8% |
| 1954 | 44.09 billion international-$ in 2011 prices | +3.5% |
| 1955 | 48.08 billion international-$ in 2011 prices | +9.0% |
| 1956 | 45.91 billion international-$ in 2011 prices | -4.5% |
| 1957 | 49.70 billion international-$ in 2011 prices | +8.3% |
| 1958 | 53.04 billion international-$ in 2011 prices | +6.7% |
| 1959 | 55.18 billion international-$ in 2011 prices | +4.0% |
| 1960 | 58.06 billion international-$ in 2011 prices | +5.2% |
| 1961 | 61.01 billion international-$ in 2011 prices | +5.1% |
| 1962 | 63.55 billion international-$ in 2011 prices | +4.2% |
| 1963 | 67.04 billion international-$ in 2011 prices | +5.5% |
| 1964 | 70.81 billion international-$ in 2011 prices | +5.6% |
| 1965 | 71.36 billion international-$ in 2011 prices | +0.8% |
| 1966 | 75.43 billion international-$ in 2011 prices | +5.7% |
| 1967 | 79.75 billion international-$ in 2011 prices | +5.7% |
| 1968 | 80.72 billion international-$ in 2011 prices | +1.2% |
| 1969 | 83.13 billion international-$ in 2011 prices | +3.0% |
| 1970 | 82.85 billion international-$ in 2011 prices | -0.3% |
| 1971 | 86.54 billion international-$ in 2011 prices | +4.4% |
| 1972 | 88.40 billion international-$ in 2011 prices | +2.2% |
| 1973 | 93.00 billion international-$ in 2011 prices | +5.2% |
| 1974 | 95.40 billion international-$ in 2011 prices | +2.6% |
| 1975 | 97.45 billion international-$ in 2011 prices | +2.1% |
| 1976 | 97.74 billion international-$ in 2011 prices | +0.3% |
| 1977 | 103.87 billion international-$ in 2011 prices | +6.3% |
| 1978 | 106.38 billion international-$ in 2011 prices | +2.4% |
| 1979 | 106.60 billion international-$ in 2011 prices | +0.2% |
| 1980 | 107.67 billion international-$ in 2011 prices | +1.0% |
| 1981 | 108.44 billion international-$ in 2011 prices | +0.7% |
| 1982 | 112.33 billion international-$ in 2011 prices | +3.6% |
| 1983 | 111.18 billion international-$ in 2011 prices | -1.0% |
| 1984 | 114.11 billion international-$ in 2011 prices | +2.6% |
| 1985 | 111.30 billion international-$ in 2011 prices | -2.5% |
| 1986 | 113.51 billion international-$ in 2011 prices | +2.0% |
| 1987 | 115.27 billion international-$ in 2011 prices | +1.5% |
| 1988 | 117.03 billion international-$ in 2011 prices | +1.5% |
| 1989 | 114.41 billion international-$ in 2011 prices | -2.2% |
| 1990 | 106.79 billion international-$ in 2011 prices | -6.7% |
| 1991 | 95.83 billion international-$ in 2011 prices | -10.3% |
| 1992 | 94.57 billion international-$ in 2011 prices | -1.3% |
| 1993 | 95.74 billion international-$ in 2011 prices | +1.2% |
| 1994 | 100.34 billion international-$ in 2011 prices | +4.8% |
| 1995 | 104.75 billion international-$ in 2011 prices | +4.4% |
| 1996 | 106.89 billion international-$ in 2011 prices | +2.0% |
| 1997 | 112.68 billion international-$ in 2011 prices | +5.4% |
| 1998 | 119.82 billion international-$ in 2011 prices | +6.3% |
| 1999 | 126.18 billion international-$ in 2011 prices | +5.3% |
| 2000 | 134.15 billion international-$ in 2011 prices | +6.3% |
| 2001 | 142.04 billion international-$ in 2011 prices | +5.9% |
| 2002 | 151.46 billion international-$ in 2011 prices | +6.6% |
| 2003 | 160.46 billion international-$ in 2011 prices | +5.9% |
| 2004 | 171.93 billion international-$ in 2011 prices | +7.1% |
| 2005 | 183.11 billion international-$ in 2011 prices | +6.5% |
| 2006 | 194.03 billion international-$ in 2011 prices | +6.0% |
| 2007 | 198.87 billion international-$ in 2011 prices | +2.5% |
| 2008 | 204.72 billion international-$ in 2011 prices | +2.9% |
| 2009 | 195.18 billion international-$ in 2011 prices | -4.7% |
| 2010 | 200.50 billion international-$ in 2011 prices | +2.7% |
| 2011 | 208.41 billion international-$ in 2011 prices | +3.9% |
| 2012 | 205.80 billion international-$ in 2011 prices | -1.3% |
| 2013 | 209.51 billion international-$ in 2011 prices | +1.8% |
| 2014 | 218.38 billion international-$ in 2011 prices | +4.2% |
| 2015 | 226.47 billion international-$ in 2011 prices | +3.7% |
| 2016 | 231.46 billion international-$ in 2011 prices | +2.2% |
| 2017 | 241.35 billion international-$ in 2011 prices | +4.3% |
| 2018 | 254.29 billion international-$ in 2011 prices | +5.4% |
| 2019 | 266.66 billion international-$ in 2011 prices | +4.9% |
| 2020 | 254.56 billion international-$ in 2011 prices | -4.5% |
| 2021 | 272.89 billion international-$ in 2011 prices | +7.2% |
| 2022 | 285.38 billion international-$ in 2011 prices | +4.6% |
Hungary compared with similar countries
- Hungary's 285.38 billion international-$ in 2011 prices is below the median for high income countries, which is 308.39 billion international-$ in 2011 prices, 93% of the median. (55 countries reporting)
- Hungary's 285.38 billion international-$ in 2011 prices is above the median for Europe & Central Asia, which is 245.02 billion international-$ in 2011 prices, 1.2× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) 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 |
|---|---|---|---|
| 1890 | +50.9% | 10.30 billion international-$ in 2011 prices | 15.55 billion international-$ in 2011 prices |
| 1946 | -39.6% | 41.08 billion international-$ in 2011 prices | 24.80 billion international-$ in 2011 prices |
| 1910 | +27.5% | 19.11 billion international-$ in 2011 prices | 24.37 billion international-$ in 2011 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1870s | 10.30 billion international-$ in 2011 prices | 10.30 billion international-$ in 2011 prices | 10.30 billion international-$ in 2011 prices | 1 |
| 1890s | 15.55 billion international-$ in 2011 prices | 15.55 billion international-$ in 2011 prices | 15.55 billion international-$ in 2011 prices | 1 |
| 1900s | 19.11 billion international-$ in 2011 prices | 19.11 billion international-$ in 2011 prices | 19.11 billion international-$ in 2011 prices | 1 |
| 1910s | 25.29 billion international-$ in 2011 prices | 24.37 billion international-$ in 2011 prices | 26.22 billion international-$ in 2011 prices | 2 |
| 1920s | 28.94 billion international-$ in 2011 prices | 21.66 billion international-$ in 2011 prices | 33.88 billion international-$ in 2011 prices | 7 |
| 1930s | 35.31 billion international-$ in 2011 prices | 30.69 billion international-$ in 2011 prices | 41.74 billion international-$ in 2011 prices | 10 |
| 1940s | 33.77 billion international-$ in 2011 prices | 24.80 billion international-$ in 2011 prices | 41.08 billion international-$ in 2011 prices | 7 |
| 1950s | 45.79 billion international-$ in 2011 prices | 36.91 billion international-$ in 2011 prices | 55.18 billion international-$ in 2011 prices | 10 |
| 1960s | 71.09 billion international-$ in 2011 prices | 58.06 billion international-$ in 2011 prices | 83.13 billion international-$ in 2011 prices | 10 |
| 1970s | 95.82 billion international-$ in 2011 prices | 82.85 billion international-$ in 2011 prices | 106.60 billion international-$ in 2011 prices | 10 |
| 1980s | 112.52 billion international-$ in 2011 prices | 107.67 billion international-$ in 2011 prices | 117.03 billion international-$ in 2011 prices | 10 |
| 1990s | 106.36 billion international-$ in 2011 prices | 94.57 billion international-$ in 2011 prices | 126.18 billion international-$ in 2011 prices | 10 |
| 2000s | 173.59 billion international-$ in 2011 prices | 134.15 billion international-$ in 2011 prices | 204.72 billion international-$ in 2011 prices | 10 |
| 2010s | 226.28 billion international-$ in 2011 prices | 200.50 billion international-$ in 2011 prices | 266.66 billion international-$ in 2011 prices | 10 |
| 2020s | 270.95 billion international-$ in 2011 prices | 254.56 billion international-$ in 2011 prices | 285.38 billion international-$ in 2011 prices | 3 |
Countries ranked near Hungary
- 56 Denmark 299.43 billion international-$ in 2011 prices compare
- 57 Portugal 295.71 billion international-$ in 2011 prices compare
- 58 Myanmar 291.02 billion international-$ in 2011 prices compare
- 60 Ethiopia 269.98 billion international-$ in 2011 prices compare
- 61 Greece 263.89 billion international-$ in 2011 prices compare
- 62 Sri Lanka 254.75 billion international-$ in 2011 prices 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$), annual growth rate 27.3 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Hungary?
- Gross domestic product (gdp) in Hungary was 285.38 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Hungary?
- The highest recorded value was 285.38 billion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Hungary?
- The lowest recorded value was 10.30 billion international-$ in 2011 prices in 1870.
- How does Hungary rank for gross domestic product (gdp)?
- Hungary ranks 59th out of 166 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Hungary?
- Over the last ten years it is up 38.7%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.