Gross Domestic Product — Value US$ in Hungary
Hungary: Gross Domestic Product — Value US$ was 221,482 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Hungary, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$ in Hungary is 221,482 million USD, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 4.2% on the previous year and up 56.9% over ten years.
Over the whole period, gross domestic product — value us$ in Hungary peaked at 221,482 million USD in 2024 and was at its lowest, 6,389 million USD, in 1970.
Hungary ranks 62nd of 236 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 — Value US$ in Hungary, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 6,389 million USD | — |
| 1971 | 6,953 million USD | +8.8% |
| 1972 | 8,155 million USD | +17.3% |
| 1973 | 10,099 million USD | +23.8% |
| 1974 | 11,069 million USD | +9.6% |
| 1975 | 12,622 million USD | +14.0% |
| 1976 | 14,626 million USD | +15.9% |
| 1977 | 16,335 million USD | +11.7% |
| 1978 | 19,097 million USD | +16.9% |
| 1979 | 22,049 million USD | +15.5% |
| 1980 | 25,483 million USD | +15.6% |
| 1981 | 26,133 million USD | +2.5% |
| 1982 | 26,613 million USD | +1.8% |
| 1983 | 24,153 million USD | -9.2% |
| 1984 | 23,417 million USD | -3.0% |
| 1985 | 23,713 million USD | +1.3% |
| 1986 | 27,314 million USD | +15.2% |
| 1987 | 30,020 million USD | +9.9% |
| 1988 | 32,147 million USD | +7.1% |
| 1989 | 32,588 million USD | +1.4% |
| 1990 | 37,193 million USD | +14.1% |
| 1991 | 34,867 million USD | -6.3% |
| 1992 | 38,857 million USD | +11.4% |
| 1993 | 40,257 million USD | +3.6% |
| 1994 | 43,292 million USD | +7.5% |
| 1995 | 46,591 million USD | +7.6% |
| 1996 | 46,834 million USD | +0.5% |
| 1997 | 47,399 million USD | +1.2% |
| 1998 | 48,784 million USD | +2.9% |
| 1999 | 49,160 million USD | +0.8% |
| 2000 | 47,276 million USD | -3.8% |
| 2001 | 53,800 million USD | +13.8% |
| 2002 | 67,630 million USD | +25.7% |
| 2003 | 85,190 million USD | +26.0% |
| 2004 | 104,015 million USD | +22.1% |
| 2005 | 113,098 million USD | +8.7% |
| 2006 | 115,604 million USD | +2.2% |
| 2007 | 140,123 million USD | +21.2% |
| 2008 | 158,228 million USD | +12.9% |
| 2009 | 130,807 million USD | -17.3% |
| 2010 | 131,899 million USD | +0.8% |
| 2011 | 141,713 million USD | +7.4% |
| 2012 | 128,470 million USD | -9.3% |
| 2013 | 135,646 million USD | +5.6% |
| 2014 | 141,129 million USD | +4.0% |
| 2015 | 125,244 million USD | -11.3% |
| 2016 | 128,984 million USD | +3.0% |
| 2017 | 143,335 million USD | +11.1% |
| 2018 | 161,185 million USD | +12.5% |
| 2019 | 164,937 million USD | +2.3% |
| 2020 | 158,468 million USD | -3.9% |
| 2021 | 183,271 million USD | +15.7% |
| 2022 | 177,580 million USD | -3.1% |
| 2023 | 212,657 million USD | +19.8% |
| 2024 | 221,482 million USD | +4.1% |
Hungary compared with similar countries
- Hungary's 221,482 million USD is above the median for high income countries, which is 95,350 million USD, 2.3× the median. (73 countries reporting)
- Hungary's 221,482 million USD is above the median for Europe & Central Asia, which is 97,163 million USD, 2.3× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12,740 million USD | 6,389 million USD | 22,049 million USD | 10 |
| 1980s | 27,158 million USD | 23,417 million USD | 32,588 million USD | 10 |
| 1990s | 43,323 million USD | 34,867 million USD | 49,160 million USD | 10 |
| 2000s | 101,577 million USD | 47,276 million USD | 158,228 million USD | 10 |
| 2010s | 140,254 million USD | 125,244 million USD | 164,937 million USD | 10 |
| 2020s | 190,692 million USD | 158,468 million USD | 221,482 million USD | 5 |
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0091 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Hungary?
- Gross domestic product — value us$ in Hungary was 221,482 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Hungary?
- The highest recorded value was 221,482 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Hungary?
- The lowest recorded value was 6,389 million USD in 1970.
- How does Hungary rank for gross domestic product — value us$?
- Hungary ranks 62nd out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Hungary?
- Over the last ten years it is up 56.9%. The long-run trend across the full record is volatile.
- 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$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).