Gross Fixed Capital Formation — Value Standard Local Currency in Hungary
Hungary: Gross Fixed Capital Formation — Value Standard Local Currency was 19.32 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Hungary, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency in Hungary is 19.32 million million SLC, measured in 2024.
That represents a change of down 1.5% on the previous year and up 164.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Hungary peaked at 19.61 million million SLC in 2023 and was at its lowest, 141,265 million SLC, in 1970.
Hungary ranks 31st of 230 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency in Hungary, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 141,265 million SLC | — |
| 1971 | 159,375 million SLC | +12.8% |
| 1972 | 164,601 million SLC | +3.3% |
| 1973 | 173,495 million SLC | +5.4% |
| 1974 | 196,101 million SLC | +13.0% |
| 1975 | 226,785 million SLC | +15.6% |
| 1976 | 236,962 million SLC | +4.5% |
| 1977 | 278,492 million SLC | +17.5% |
| 1978 | 302,018 million SLC | +8.4% |
| 1979 | 311,061 million SLC | +3.0% |
| 1980 | 292,548 million SLC | -6.0% |
| 1981 | 291,075 million SLC | -0.5% |
| 1982 | 301,336 million SLC | +3.5% |
| 1983 | 309,918 million SLC | +2.8% |
| 1984 | 317,442 million SLC | +2.4% |
| 1985 | 326,977 million SLC | +3.0% |
| 1986 | 367,896 million SLC | +12.5% |
| 1987 | 427,562 million SLC | +16.2% |
| 1988 | 416,343 million SLC | -2.6% |
| 1989 | 498,978 million SLC | +19.8% |
| 1990 | 536,526 million SLC | +7.5% |
| 1991 | 590,578 million SLC | +10.1% |
| 1992 | 660,364 million SLC | +11.8% |
| 1993 | 756,638 million SLC | +14.6% |
| 1994 | 992,087 million SLC | +31.1% |
| 1995 | 1.28 million million SLC | +28.8% |
| 1996 | 1.64 million million SLC | +28.1% |
| 1997 | 2.06 million million SLC | +26.0% |
| 1998 | 2.53 million million SLC | +22.8% |
| 1999 | 2.93 million million SLC | +15.7% |
| 2000 | 3.41 million million SLC | +16.5% |
| 2001 | 3.84 million million SLC | +12.7% |
| 2002 | 4.33 million million SLC | +12.6% |
| 2003 | 4.54 million million SLC | +4.9% |
| 2004 | 5.10 million million SLC | +12.3% |
| 2005 | 5.41 million million SLC | +6.1% |
| 2006 | 5.74 million million SLC | +6.2% |
| 2007 | 6.12 million million SLC | +6.6% |
| 2008 | 6.39 million million SLC | +4.4% |
| 2009 | 6.03 million million SLC | -5.6% |
| 2010 | 5.55 million million SLC | -8.1% |
| 2011 | 5.61 million million SLC | +1.1% |
| 2012 | 5.58 million million SLC | -0.5% |
| 2013 | 6.36 million million SLC | +14.0% |
| 2014 | 7.30 million million SLC | +14.7% |
| 2015 | 7.85 million million SLC | +7.5% |
| 2016 | 7.17 million million SLC | -8.6% |
| 2017 | 8.85 million million SLC | +23.3% |
| 2018 | 10.90 million million SLC | +23.1% |
| 2019 | 13.08 million million SLC | +20.0% |
| 2020 | 13.00 million million SLC | -0.6% |
| 2021 | 15.23 million million SLC | +17.2% |
| 2022 | 18.58 million million SLC | +22.0% |
| 2023 | 19.61 million million SLC | +5.5% |
| 2024 | 19.32 million million SLC | -1.5% |
Hungary compared with similar countries
- Hungary's 19.32 million million SLC is above the median for high income countries, which is 36,467 million SLC, 529.8× the median. (73 countries reporting)
- Hungary's 19.32 million million SLC is above the median for Europe & Central Asia, which is 116,713 million SLC, 165.5× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 219,016 million SLC | 141,265 million SLC | 311,061 million SLC | 10 |
| 1980s | 355,008 million SLC | 291,075 million SLC | 498,978 million SLC | 10 |
| 1990s | 1.40 million million SLC | 536,526 million SLC | 2.93 million million SLC | 10 |
| 2000s | 5.09 million million SLC | 3.41 million million SLC | 6.39 million million SLC | 10 |
| 2010s | 7.82 million million SLC | 5.55 million million SLC | 13.08 million million SLC | 10 |
| 2020s | 17.15 million million SLC | 13.00 million million SLC | 19.61 million million SLC | 5 |
Countries ranked near Hungary
- 28 Kazakhstan 34.04 million million SLC compare
- 29 Sudan 25.52 million million SLC compare
- 30 Mongolia 22.66 million million SLC compare
- 32 Madagascar 17.82 million million SLC compare
- 33 Bangladesh 15.36 million million SLC compare
- 34 Côte d'Ivoire 13.99 million million SLC compare
- 34 Cote d'Ivoire 13.99 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)
- 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 fixed capital formation — value standard local currency in Hungary?
- Gross fixed capital formation — value standard local currency in Hungary was 19.32 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 recorded in Hungary?
- The highest recorded value was 19.61 million million SLC in 2023.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Hungary?
- The lowest recorded value was 141,265 million SLC in 1970.
- How does Hungary rank for gross fixed capital formation — value standard local currency?
- Hungary ranks 31st out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Hungary?
- Over the last ten years it is up 164.8%. 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 Fixed Capital Formation — Value Standard Local Currency. 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).