GDP weights used in the calculation of the global specific indicator in Hungary
Hungary: GDP weights used in the calculation of the global specific indicator was 1.7% in 2023. ▲ Rising
GDP weights used in the calculation of the global specific indicator in Hungary, 2014–2023
Source: Eurostat. Measured in Percentage of EU27 (from 2020) total (based on million purchasing power standard.
Analysis
In 2023, gdp weights used in the calculation of the global specific indicator in Hungary stood at 1.7%. That is the highest value across all 10 years on record.
That represents a change of up 6.2% on the previous year and up 30.8% over ten years.
Over the whole period, gdp weights used in the calculation of the global specific indicator in Hungary peaked at 1.7% in 2023 and was at its lowest, 1.3%, in 2014.
That places Hungary 19th out of 37 countries with data for 2023, putting it in the middle of the range.
GDP weights used in the calculation of the global specific indicator in Hungary, year by year
| Year | Percentage of EU27 (from 2020) total (based on million purchasing power standard | Change |
|---|---|---|
| 2014 | 1.3% | — |
| 2015 | 1.3% | +0.0% |
| 2016 | 1.3% | +0.0% |
| 2017 | 1.3% | +0.0% |
| 2018 | 1.3% | +0.0% |
| 2019 | 1.3% | +0.0% |
| 2020 | 1.4% | +7.7% |
| 2021 | 1.6% | +14.3% |
| 2022 | 1.6% | +0.0% |
| 2023 | 1.7% | +6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.3% | 1.3% | 1.3% | 6 |
| 2020s | 1.6% | 1.4% | 1.7% | 4 |
Countries ranked near Hungary
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 1.21 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5845 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 15,143 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 10.92 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 7.11 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 4.52 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 9.37 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 242,814 current LCU per person (2025)
Frequently asked questions
- What is gdp weights used in the calculation of the global specific indicator in Hungary?
- Gdp weights used in the calculation of the global specific indicator in Hungary was 1.7% in 2023, according to Eurostat.
- What is the highest gdp weights used in the calculation of the global specific indicator recorded in Hungary?
- The highest recorded value was 1.7% in 2023.
- What is the lowest gdp weights used in the calculation of the global specific indicator recorded in Hungary?
- The lowest recorded value was 1.3% in 2014.
- How does Hungary rank for gdp weights used in the calculation of the global specific indicator?
- Hungary ranks 19th out of 37 countries with data for 2023.
- Is gdp weights used in the calculation of the global specific indicator rising or falling in Hungary?
- Over the last ten years it is up 30.8%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from Eurostat, published as part of GDP weights used in the calculation of the global specific indicator. Statizoid updates them automatically from the source API.
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