Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Hungary
Hungary: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 8.96 million million SLC in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Hungary, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Hungary stood at 8.96 million million SLC.
Compared with earlier readings it is down 11.1% on the previous year and up 19.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Hungary peaked at 11.05 million million SLC in 2019 and was at its lowest, 2.97 million million SLC, in 1970.
That places Hungary 23rd out of 194 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Hungary, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 2.97 million million SLC | — |
| 1971 | 3.28 million million SLC | +10.6% |
| 1972 | 3.25 million million SLC | -1.1% |
| 1973 | 3.35 million million SLC | +3.2% |
| 1974 | 3.72 million million SLC | +10.9% |
| 1975 | 4.14 million million SLC | +11.5% |
| 1976 | 4.14 million million SLC | -0.0% |
| 1977 | 4.65 million million SLC | +12.2% |
| 1978 | 4.87 million million SLC | +4.8% |
| 1979 | 4.91 million million SLC | +0.8% |
| 1980 | 4.62 million million SLC | -5.9% |
| 1981 | 4.42 million million SLC | -4.2% |
| 1982 | 4.36 million million SLC | -1.6% |
| 1983 | 4.21 million million SLC | -3.5% |
| 1984 | 4.05 million million SLC | -3.7% |
| 1985 | 3.93 million million SLC | -3.0% |
| 1986 | 4.18 million million SLC | +6.5% |
| 1987 | 4.59 million million SLC | +9.8% |
| 1988 | 4.18 million million SLC | -9.1% |
| 1989 | 4.47 million million SLC | +7.0% |
| 1990 | 4.15 million million SLC | -7.1% |
| 1991 | 3.72 million million SLC | -10.4% |
| 1992 | 3.62 million million SLC | -2.6% |
| 1993 | 3.69 million million SLC | +2.0% |
| 1994 | 4.15 million million SLC | +12.5% |
| 1995 | 3.97 million million SLC | -4.3% |
| 1996 | 4.15 million million SLC | +4.6% |
| 1997 | 4.52 million million SLC | +8.7% |
| 1998 | 5.03 million million SLC | +11.4% |
| 1999 | 5.43 million million SLC | +8.0% |
| 2000 | 5.76 million million SLC | +6.0% |
| 2001 | 5.91 million million SLC | +2.7% |
| 2002 | 6.37 million million SLC | +7.7% |
| 2003 | 6.44 million million SLC | +1.2% |
| 2004 | 6.95 million million SLC | +7.9% |
| 2005 | 7.20 million million SLC | +3.6% |
| 2006 | 7.26 million million SLC | +0.7% |
| 2007 | 7.59 million million SLC | +4.6% |
| 2008 | 7.68 million million SLC | +1.2% |
| 2009 | 6.98 million million SLC | -9.1% |
| 2010 | 6.32 million million SLC | -9.5% |
| 2011 | 6.24 million million SLC | -1.3% |
| 2012 | 6.05 million million SLC | -3.0% |
| 2013 | 6.66 million million SLC | +10.0% |
| 2014 | 7.48 million million SLC | +12.4% |
| 2015 | 7.85 million million SLC | +4.8% |
| 2016 | 7.03 million million SLC | -10.4% |
| 2017 | 8.42 million million SLC | +19.7% |
| 2018 | 9.80 million million SLC | +16.4% |
| 2019 | 11.05 million million SLC | +12.7% |
| 2020 | 10.24 million million SLC | -7.3% |
| 2021 | 10.83 million million SLC | +5.7% |
| 2022 | 10.93 million million SLC | +0.9% |
| 2023 | 10.08 million million SLC | -7.8% |
| 2024 | 8.96 million million SLC | -11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.93 million million SLC | 2.97 million million SLC | 4.91 million million SLC | 10 |
| 1980s | 4.30 million million SLC | 3.93 million million SLC | 4.62 million million SLC | 10 |
| 1990s | 4.24 million million SLC | 3.62 million million SLC | 5.43 million million SLC | 10 |
| 2000s | 6.82 million million SLC | 5.76 million million SLC | 7.68 million million SLC | 10 |
| 2010s | 7.69 million million SLC | 6.05 million million SLC | 11.05 million million SLC | 10 |
| 2020s | 10.21 million million SLC | 8.96 million million SLC | 10.93 million million SLC | 5 |
Countries ranked near Hungary
- 20 Madagascar 10.59 million million SLC compare
- 21 Bangladesh 10.02 million million SLC compare
- 22 Algeria 9.71 million million SLC compare
- 24 Lebanon 7.37 million million SLC compare
- 25 Costa Rica 6.79 million million SLC compare
- 26 Senegal 6.03 million million SLC 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 (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)
- GDP (constant LCU), annual growth rate 0.5095 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 222 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 5.75 million constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 4.71 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2663 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Hungary?
- Gross fixed capital formation — value standard local currency, 2015 in Hungary was 8.96 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Hungary?
- The highest recorded value was 11.05 million million SLC in 2019.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Hungary?
- The lowest recorded value was 2.97 million million SLC in 1970.
- How does Hungary rank for gross fixed capital formation — value standard local currency, 2015?
- Hungary ranks 23rd out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Hungary?
- Over the last ten years it is up 19.8%. 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 Fixed Capital Formation — Value Standard Local Currency, 2015 prices. 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).