Gross Domestic Product — Value US$, 2015 prices in Hungary
Hungary: Gross Domestic Product — Value US$, 2015 prices was 157,686 million USD in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices in Hungary, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Hungary recorded 157,686 million USD for gross domestic product — value us$, 2015 prices in 2024.
The figure is up 0.5% on the previous year and up 30.5% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Hungary peaked at 158,381 million USD in 2022 and was at its lowest, 50,385 million USD, in 1970.
That places Hungary 55th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices in Hungary, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 50,385 million USD | — |
| 1971 | 53,509 million USD | +6.2% |
| 1972 | 56,773 million USD | +6.1% |
| 1973 | 60,690 million USD | +6.9% |
| 1974 | 64,271 million USD | +5.9% |
| 1975 | 68,256 million USD | +6.2% |
| 1976 | 70,622 million USD | +3.5% |
| 1977 | 75,384 million USD | +6.7% |
| 1978 | 78,844 million USD | +4.6% |
| 1979 | 80,047 million USD | +1.5% |
| 1980 | 80,096 million USD | +0.1% |
| 1981 | 82,392 million USD | +2.9% |
| 1982 | 84,733 million USD | +2.8% |
| 1983 | 85,346 million USD | +0.7% |
| 1984 | 87,614 million USD | +2.7% |
| 1985 | 87,393 million USD | -0.3% |
| 1986 | 88,734 million USD | +1.5% |
| 1987 | 92,329 million USD | +4.1% |
| 1988 | 92,269 million USD | -0.1% |
| 1989 | 92,948 million USD | +0.7% |
| 1990 | 89,698 million USD | -3.5% |
| 1991 | 79,031 million USD | -11.9% |
| 1992 | 76,610 million USD | -3.1% |
| 1993 | 76,168 million USD | -0.6% |
| 1994 | 78,413 million USD | +2.9% |
| 1995 | 79,581 million USD | +1.5% |
| 1996 | 79,662 million USD | +0.1% |
| 1997 | 82,034 million USD | +3.0% |
| 1998 | 85,190 million USD | +3.8% |
| 1999 | 87,820 million USD | +3.1% |
| 2000 | 91,692 million USD | +4.4% |
| 2001 | 95,416 million USD | +4.1% |
| 2002 | 99,930 million USD | +4.7% |
| 2003 | 103,866 million USD | +3.9% |
| 2004 | 109,021 million USD | +5.0% |
| 2005 | 113,709 million USD | +4.3% |
| 2006 | 118,182 million USD | +3.9% |
| 2007 | 118,575 million USD | +0.3% |
| 2008 | 119,753 million USD | +1.0% |
| 2009 | 111,681 million USD | -6.7% |
| 2010 | 112,874 million USD | +1.1% |
| 2011 | 115,037 million USD | +1.9% |
| 2012 | 113,496 million USD | -1.3% |
| 2013 | 115,803 million USD | +2.0% |
| 2014 | 120,822 million USD | +4.3% |
| 2015 | 125,244 million USD | +3.7% |
| 2016 | 128,298 million USD | +2.4% |
| 2017 | 133,590 million USD | +4.1% |
| 2018 | 141,079 million USD | +5.6% |
| 2019 | 148,242 million USD | +5.1% |
| 2020 | 141,810 million USD | -4.3% |
| 2021 | 151,908 million USD | +7.1% |
| 2022 | 158,381 million USD | +4.3% |
| 2023 | 156,882 million USD | -0.9% |
| 2024 | 157,686 million USD | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 65,878 million USD | 50,385 million USD | 80,047 million USD | 10 |
| 1980s | 87,386 million USD | 80,096 million USD | 92,948 million USD | 10 |
| 1990s | 81,421 million USD | 76,168 million USD | 89,698 million USD | 10 |
| 2000s | 108,182 million USD | 91,692 million USD | 119,753 million USD | 10 |
| 2010s | 125,448 million USD | 112,874 million USD | 148,242 million USD | 10 |
| 2020s | 153,333 million USD | 141,810 million USD | 158,381 million USD | 5 |
Countries ranked near Hungary
- 52 Iraq 185,375 million USD compare
- 53 Qatar 177,725 million USD compare
- 54 Czechoslovakia 169,811 million USD compare
- 56 Yugoslav SFR 156,271 million USD compare
- 57 Uzbekistan 139,771 million USD compare
- 58 Morocco 134,539 million USD 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)
- GDP (current US$), annual growth rate 10.61 % change on previous year (2025)
- GDP (current US$), per capita 25,908 current US$ per person (2025)
- GDP (current LCU), annual growth rate 6.81 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 353.14 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 9.15 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 0.5095 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.645 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 16,711 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Hungary?
- Gross domestic product — value us$, 2015 prices in Hungary was 157,686 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Hungary?
- The highest recorded value was 158,381 million USD in 2022.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Hungary?
- The lowest recorded value was 50,385 million USD in 1970.
- How does Hungary rank for gross domestic product — value us$, 2015 prices?
- Hungary ranks 55th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Hungary?
- Over the last ten years it is up 30.5%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).