Government procurement share gdp in Hungary
Hungary: Government procurement share gdp was 13.93 in 2024. ▲ Rising
Latest (2024)
13.93
Change on year
down 8.0%
World rank
22nd
of 43 countries
All-time high
16.56
in 2020
All-time low
12.41
in 2016
Years of data
18
2007–2024
Government procurement share gdp in Hungary, 2007–2024
Source: Our World in Data.
Analysis
The most recent figure for government procurement share gdp in Hungary is 13.93, measured in 2024.
That represents a change of down 8.0% on the previous year and down 6.9% over ten years.
Over the whole period, government procurement share gdp in Hungary peaked at 16.56 in 2020 and was at its lowest, 12.41, in 2016.
Hungary ranks 22nd of 43 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.4 | 12.94 | 13.89 | 3 |
| 2010s | 14.39 | 12.41 | 16.27 | 10 |
| 2020s | 15.43 | 13.93 | 16.56 | 5 |
Countries ranked near Hungary
More economy & growth data for Hungary
- External balance on goods and services as a percent of gdp 4.48 (2025)
- Inflation of consumer prices 4.41 (2025)
- Gdp per capita worldbank constant usd 16,711 (2025)
- Manufacturing value added to gdp 15.14 (2025)
- Gdp worldbank constant usd 158.99 billion (2025)
- Gdp per capita in international and market dollars 16,711 (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 government procurement share gdp in Hungary?
- Government procurement share gdp in Hungary was 13.93 in 2024, according to Our World in Data.
- What is the highest government procurement share gdp recorded in Hungary?
- The highest recorded value was 16.56 in 2020.
- What is the lowest government procurement share gdp recorded in Hungary?
- The lowest recorded value was 12.41 in 2016.
- How does Hungary rank for government procurement share gdp?
- Hungary ranks 22nd out of 43 countries with data for 2024.
- Is government procurement share gdp rising or falling in Hungary?
- Over the last ten years it is down 6.9%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from Our World in Data, published as part of Government procurement share gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (Our World in Data).