Gross domestic product (GDP) in Hungary
Hungary: Gross domestic product (GDP) was 339.90 billion international-$ in 2021 prices in 2023. ▲ Rising
Gross domestic product (GDP) in Hungary, 1970–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Hungary is 339.90 billion international-$ in 2021 prices, measured in 2023.
That represents a change of down 0.8% on the previous year and up 27.5% over ten years.
Over the whole period, gross domestic product (gdp) in Hungary peaked at 342.56 billion international-$ in 2021 prices in 2022 and was at its lowest, 70.09 billion international-$ in 2021 prices, in 1970.
That places Hungary 61st out of 184 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 93.07 billion international-$ in 2021 prices | 70.09 billion international-$ in 2021 prices | 131.01 billion international-$ in 2021 prices | 10 |
| 1980s | 151.27 billion international-$ in 2021 prices | 142.28 billion international-$ in 2021 prices | 168.13 billion international-$ in 2021 prices | 10 |
| 1990s | 170.39 billion international-$ in 2021 prices | 152.09 billion international-$ in 2021 prices | 188.45 billion international-$ in 2021 prices | 10 |
| 2000s | 233.02 billion international-$ in 2021 prices | 199.09 billion international-$ in 2021 prices | 259.34 billion international-$ in 2021 prices | 10 |
| 2010s | 281.44 billion international-$ in 2021 prices | 264.13 billion international-$ in 2021 prices | 326.41 billion international-$ in 2021 prices | 10 |
| 2020s | 331.32 billion international-$ in 2021 prices | 311.23 billion international-$ in 2021 prices | 342.56 billion international-$ in 2021 prices | 4 |
Countries ranked near Hungary
- 58 Uzbekistan 349.17 billion international-$ in 2021 prices compare
- 59 Qatar 347.97 billion international-$ in 2021 prices compare
- 60 Morocco 341.82 billion international-$ in 2021 prices compare
- 62 Kenya 315.39 billion international-$ in 2021 prices compare
- 63 Sri Lanka 292.66 billion international-$ in 2021 prices compare
- 64 Finland 289.58 billion international-$ in 2021 prices compare
More economy & growth data for Hungary
- External balance on goods and services as a percent of GDP 4.5% (2025)
- Inflation of consumer prices 4.4% (2025)
- GDP per capita 16,711 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 15.1% (2025)
- Gross domestic product (GDP) 158.99 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 16,711 constant 2015 US$ (2025)
- DEC alternative conversion factor 353.14 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -526.05 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -1.44 billion current US$ (2024)
- Taxes less subsidies on products 12.46 trillion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Hungary?
- Gross domestic product (gdp) in Hungary was 339.90 billion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Hungary?
- The highest recorded value was 342.56 billion international-$ in 2021 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Hungary?
- The lowest recorded value was 70.09 billion international-$ in 2021 prices in 1970.
- How does Hungary rank for gross domestic product (gdp)?
- Hungary ranks 61st out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Hungary?
- Over the last ten years it is up 27.5%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.