Gross domestic product (GDP), per unit of GDP in Hungary
Hungary: Gross domestic product (GDP), per unit of GDP was 1.6 international-$ in 2021 prices per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
1.6 international-$ in 2021 prices per US$ of GDP
Change on year
down 17.6%
World rank
123rd
of 180 countries
All-time high
12.12 international-$ in 2021 prices per US$ of GDP
in 1970
All-time low
1.6 international-$ in 2021 prices per US$ of GDP
in 2023
Years of data
54
1970–2023
Gross domestic product (GDP), per unit of GDP in Hungary, 1970–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
Hungary recorded 1.6 international-$ in 2021 prices per US$ of GDP for gross domestic product (gdp), per unit of gdp in 2023. That is the lowest value across all 54 years on record.
Compared with earlier readings it is down 17.6% on the previous year and down 18.8% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Hungary peaked at 12.12 international-$ in 2021 prices per US$ of GDP in 1970 and was at its lowest, 1.6 international-$ in 2021 prices per US$ of GDP, in 2023.
Hungary ranks 123rd of 180 countries on this measure, 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), per unit of GDP in Hungary, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1970 | 12.12 international-$ in 2021 prices per US$ of GDP | — |
| 1971 | 11.9 international-$ in 2021 prices per US$ of GDP | -1.8% |
| 1972 | 10.41 international-$ in 2021 prices per US$ of GDP | -12.5% |
| 1973 | 8.77 international-$ in 2021 prices per US$ of GDP | -15.7% |
| 1974 | 8.4 international-$ in 2021 prices per US$ of GDP | -4.2% |
| 1975 | 7.69 international-$ in 2021 prices per US$ of GDP | -8.4% |
| 1976 | 7.28 international-$ in 2021 prices per US$ of GDP | -5.4% |
| 1977 | 7.31 international-$ in 2021 prices per US$ of GDP | +0.4% |
| 1978 | 7.02 international-$ in 2021 prices per US$ of GDP | -4.0% |
| 1979 | 6.56 international-$ in 2021 prices per US$ of GDP | -6.5% |
| 1980 | 6.15 international-$ in 2021 prices per US$ of GDP | -6.2% |
| 1981 | 6.1 international-$ in 2021 prices per US$ of GDP | -1.0% |
| 1982 | 6.04 international-$ in 2021 prices per US$ of GDP | -0.9% |
| 1983 | 6.58 international-$ in 2021 prices per US$ of GDP | +9.0% |
| 1984 | 6.84 international-$ in 2021 prices per US$ of GDP | +3.9% |
| 1985 | 6.73 international-$ in 2021 prices per US$ of GDP | -1.6% |
| 1986 | 6.13 international-$ in 2021 prices per US$ of GDP | -8.9% |
| 1987 | 5.95 international-$ in 2021 prices per US$ of GDP | -3.0% |
| 1988 | 5.49 international-$ in 2021 prices per US$ of GDP | -7.9% |
| 1989 | 5.53 international-$ in 2021 prices per US$ of GDP | +0.7% |
| 1990 | 4.87 international-$ in 2021 prices per US$ of GDP | -11.9% |
| 1991 | 4.36 international-$ in 2021 prices per US$ of GDP | -10.4% |
| 1992 | 3.93 international-$ in 2021 prices per US$ of GDP | -10.0% |
| 1993 | 4.03 international-$ in 2021 prices per US$ of GDP | +2.7% |
| 1994 | 3.93 international-$ in 2021 prices per US$ of GDP | -2.7% |
| 1995 | 3.7 international-$ in 2021 prices per US$ of GDP | -5.7% |
| 1996 | 3.78 international-$ in 2021 prices per US$ of GDP | +2.1% |
| 1997 | 3.77 international-$ in 2021 prices per US$ of GDP | -0.2% |
| 1998 | 3.73 international-$ in 2021 prices per US$ of GDP | -1.1% |
| 1999 | 3.83 international-$ in 2021 prices per US$ of GDP | +2.7% |
| 2000 | 4.21 international-$ in 2021 prices per US$ of GDP | +9.9% |
| 2001 | 4 international-$ in 2021 prices per US$ of GDP | -5.1% |
| 2002 | 3.34 international-$ in 2021 prices per US$ of GDP | -16.4% |
| 2003 | 2.67 international-$ in 2021 prices per US$ of GDP | -20.2% |
| 2004 | 2.16 international-$ in 2021 prices per US$ of GDP | -18.9% |
| 2005 | 2.13 international-$ in 2021 prices per US$ of GDP | -1.4% |
| 2006 | 2.08 international-$ in 2021 prices per US$ of GDP | -2.5% |
| 2007 | 1.74 international-$ in 2021 prices per US$ of GDP | -16.5% |
| 2008 | 1.64 international-$ in 2021 prices per US$ of GDP | -5.7% |
| 2009 | 1.93 international-$ in 2021 prices per US$ of GDP | +18.0% |
| 2010 | 2 international-$ in 2021 prices per US$ of GDP | +3.5% |
| 2011 | 1.91 international-$ in 2021 prices per US$ of GDP | -4.4% |
| 2012 | 2.09 international-$ in 2021 prices per US$ of GDP | +9.1% |
| 2013 | 1.96 international-$ in 2021 prices per US$ of GDP | -5.9% |
| 2014 | 1.93 international-$ in 2021 prices per US$ of GDP | -1.7% |
| 2015 | 2.2 international-$ in 2021 prices per US$ of GDP | +13.8% |
| 2016 | 2.14 international-$ in 2021 prices per US$ of GDP | -2.5% |
| 2017 | 2.04 international-$ in 2021 prices per US$ of GDP | -4.9% |
| 2018 | 1.87 international-$ in 2021 prices per US$ of GDP | -8.2% |
| 2019 | 1.98 international-$ in 2021 prices per US$ of GDP | +5.8% |
| 2020 | 1.96 international-$ in 2021 prices per US$ of GDP | -0.8% |
| 2021 | 1.81 international-$ in 2021 prices per US$ of GDP | -7.9% |
| 2022 | 1.94 international-$ in 2021 prices per US$ of GDP | +7.0% |
| 2023 | 1.6 international-$ in 2021 prices per US$ of GDP | -17.6% |
Hungary compared with similar countries
- Hungary's 1.6 international-$ in 2021 prices per US$ of GDP is above the median for high income countries, which is 1.23 international-$ in 2021 prices per US$ of GDP, 1.3× the median. (65 countries reporting)
- Hungary's 1.6 international-$ in 2021 prices per US$ of GDP is above the median for Europe & Central Asia, which is 1.5 international-$ in 2021 prices per US$ of GDP, 1.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.75 international-$ in 2021 prices per US$ of GDP | 6.56 international-$ in 2021 prices per US$ of GDP | 12.12 international-$ in 2021 prices per US$ of GDP | 10 |
| 1980s | 6.15 international-$ in 2021 prices per US$ of GDP | 5.49 international-$ in 2021 prices per US$ of GDP | 6.84 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 3.99 international-$ in 2021 prices per US$ of GDP | 3.7 international-$ in 2021 prices per US$ of GDP | 4.87 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 2.59 international-$ in 2021 prices per US$ of GDP | 1.64 international-$ in 2021 prices per US$ of GDP | 4.21 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 2.01 international-$ in 2021 prices per US$ of GDP | 1.87 international-$ in 2021 prices per US$ of GDP | 2.2 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 1.83 international-$ in 2021 prices per US$ of GDP | 1.6 international-$ in 2021 prices per US$ of GDP | 1.96 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Hungary
- 120 Saudi Arabia 1.61 international-$ in 2021 prices per US$ of GDP compare
- 121 Kuwait 1.61 international-$ in 2021 prices per US$ of GDP compare
- 122 Belize 1.6 international-$ in 2021 prices per US$ of GDP compare
- 124 South Korea 1.58 international-$ in 2021 prices per US$ of GDP compare
- 125 United Arab Emirates 1.56 international-$ in 2021 prices per US$ of GDP compare
- 126 Chile 1.54 international-$ in 2021 prices per US$ of GDP 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$), annual growth rate 27.3 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Hungary?
- Gross domestic product (gdp), per unit of gdp in Hungary was 1.6 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Hungary?
- The highest recorded value was 12.12 international-$ in 2021 prices per US$ of GDP in 1970.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Hungary?
- The lowest recorded value was 1.6 international-$ in 2021 prices per US$ of GDP in 2023.
- How does Hungary rank for gross domestic product (gdp), per unit of gdp?
- Hungary ranks 123rd out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Hungary?
- Over the last ten years it is down 18.8%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.