Gross domestic product (GDP) and Gross value added (GVA) in volume in Hungary
Hungary: Gross domestic product (GDP) and Gross value added (GVA) in volume was 112.3 Index, 2020=100 in 2024. ▲ Rising
Latest (2024)
112.3 Index, 2020=100
Change on year
up 0.2%
World rank
29th
of 45 countries
All-time high
112.4 Index, 2020=100
in 2022
All-time low
64 Index, 2020=100
in 2000
Years of data
25
2000–2024
Gross domestic product (GDP) and Gross value added (GVA) in volume by in Hungary, 2000–2024
Source: Eurostat. Measured in Index, 2020=100.
Analysis
Hungary recorded 112.3 Index, 2020=100 for gross domestic product (gdp) and gross value added (gva) in volume by in 2024.
The figure is up 0.2% on the previous year and up 31.5% over ten years.
Over the whole period, gross domestic product (gdp) and gross value added (gva) in volume by in Hungary peaked at 112.4 Index, 2020=100 in 2022 and was at its lowest, 64 Index, 2020=100, in 2000.
That places Hungary 29th out of 45 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Gross domestic product (GDP) and Gross value added (GVA) in volume in Hungary, year by year
| Year | Index, 2020=100 | Change |
|---|---|---|
| 2000 | 64 Index, 2020=100 | — |
| 2001 | 66.7 Index, 2020=100 | +4.2% |
| 2002 | 70 Index, 2020=100 | +4.9% |
| 2003 | 72.8 Index, 2020=100 | +4.0% |
| 2004 | 76.4 Index, 2020=100 | +4.9% |
| 2005 | 79.7 Index, 2020=100 | +4.3% |
| 2006 | 82.8 Index, 2020=100 | +3.9% |
| 2007 | 83 Index, 2020=100 | +0.2% |
| 2008 | 83.7 Index, 2020=100 | +0.8% |
| 2009 | 78 Index, 2020=100 | -6.8% |
| 2010 | 79 Index, 2020=100 | +1.3% |
| 2011 | 80.6 Index, 2020=100 | +2.0% |
| 2012 | 79.5 Index, 2020=100 | -1.4% |
| 2013 | 81.6 Index, 2020=100 | +2.6% |
| 2014 | 85.4 Index, 2020=100 | +4.7% |
| 2015 | 88.5 Index, 2020=100 | +3.6% |
| 2016 | 90.8 Index, 2020=100 | +2.6% |
| 2017 | 94.4 Index, 2020=100 | +4.0% |
| 2018 | 99.9 Index, 2020=100 | +5.8% |
| 2019 | 104.8 Index, 2020=100 | +4.9% |
| 2020 | 100 Index, 2020=100 | -4.6% |
| 2021 | 107.6 Index, 2020=100 | +7.6% |
| 2022 | 112.4 Index, 2020=100 | +4.5% |
| 2023 | 112.1 Index, 2020=100 | -0.3% |
| 2024 | 112.3 Index, 2020=100 | +0.2% |
Hungary compared with similar countries
- Hungary's 112.3 Index, 2020=100 is below the median for Europe & Central Asia, which is 113.3 Index, 2020=100, 99% of the median. (31 countries reporting)
- Hungary's 112.3 Index, 2020=100 is below the median for high income countries, which is 113.3 Index, 2020=100, 99% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 75.71 Index, 2020=100 | 64 Index, 2020=100 | 83.7 Index, 2020=100 | 10 |
| 2010s | 88.45 Index, 2020=100 | 79 Index, 2020=100 | 104.8 Index, 2020=100 | 10 |
| 2020s | 108.88 Index, 2020=100 | 100 Index, 2020=100 | 112.4 Index, 2020=100 | 5 |
Countries ranked near Hungary
- 27 North Macedonia 112.5 Index, 2020=100 compare
- 27 North Macedonia 112.5 Index, 2020=100 compare
- 30 Romania 111.1 Index, 2020=100 compare
- 30 Slovakia 111.1 Index, 2020=100 compare
- 30 Slovakia 111.1 Index, 2020=100 compare
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 gross domestic product (gdp) and gross value added (gva) in volume by in Hungary?
- Gross domestic product (gdp) and gross value added (gva) in volume by in Hungary was 112.3 Index, 2020=100 in 2024, according to Eurostat.
- What is the highest gross domestic product (gdp) and gross value added (gva) in volume by recorded in Hungary?
- The highest recorded value was 112.4 Index, 2020=100 in 2022.
- What is the lowest gross domestic product (gdp) and gross value added (gva) in volume by recorded in Hungary?
- The lowest recorded value was 64 Index, 2020=100 in 2000.
- How does Hungary rank for gross domestic product (gdp) and gross value added (gva) in volume by?
- Hungary ranks 29th out of 45 countries with data for 2024.
- Is gross domestic product (gdp) and gross value added (gva) in volume by rising or falling in Hungary?
- Over the last ten years it is up 31.5%. 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 Gross domestic product (GDP) and Gross value added (GVA) in volume by NUTS 2 region. Statizoid updates them automatically from the source API.
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