Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Hungary
Hungary: Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) was 32,084 million USD in 2024. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices in Hungary, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices in Hungary is 32,084 million USD, measured in 2024.
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 us$, 2015 prices in Hungary peaked at 39,565 million USD in 2019 and was at its lowest, 10,627 million USD, in 1970.
That places Hungary 67th out of 235 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Hungary, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 10,627 million USD | — |
| 1971 | 11,753 million USD | +10.6% |
| 1972 | 11,624 million USD | -1.1% |
| 1973 | 11,996 million USD | +3.2% |
| 1974 | 13,303 million USD | +10.9% |
| 1975 | 14,833 million USD | +11.5% |
| 1976 | 14,830 million USD | -0.0% |
| 1977 | 16,640 million USD | +12.2% |
| 1978 | 17,442 million USD | +4.8% |
| 1979 | 17,575 million USD | +0.8% |
| 1980 | 16,539 million USD | -5.9% |
| 1981 | 15,841 million USD | -4.2% |
| 1982 | 15,594 million USD | -1.6% |
| 1983 | 15,055 million USD | -3.5% |
| 1984 | 14,503 million USD | -3.7% |
| 1985 | 14,061 million USD | -3.0% |
| 1986 | 14,974 million USD | +6.5% |
| 1987 | 16,447 million USD | +9.8% |
| 1988 | 14,947 million USD | -9.1% |
| 1989 | 15,992 million USD | +7.0% |
| 1990 | 14,851 million USD | -7.1% |
| 1991 | 13,302 million USD | -10.4% |
| 1992 | 12,951 million USD | -2.6% |
| 1993 | 13,214 million USD | +2.0% |
| 1994 | 14,862 million USD | +12.5% |
| 1995 | 14,222 million USD | -4.3% |
| 1996 | 14,874 million USD | +4.6% |
| 1997 | 16,169 million USD | +8.7% |
| 1998 | 18,011 million USD | +11.4% |
| 1999 | 19,451 million USD | +8.0% |
| 2000 | 20,616 million USD | +6.0% |
| 2001 | 21,173 million USD | +2.7% |
| 2002 | 22,800 million USD | +7.7% |
| 2003 | 23,063 million USD | +1.2% |
| 2004 | 24,893 million USD | +7.9% |
| 2005 | 25,793 million USD | +3.6% |
| 2006 | 25,983 million USD | +0.7% |
| 2007 | 27,180 million USD | +4.6% |
| 2008 | 27,502 million USD | +1.2% |
| 2009 | 24,993 million USD | -9.1% |
| 2010 | 22,627 million USD | -9.5% |
| 2011 | 22,333 million USD | -1.3% |
| 2012 | 21,665 million USD | -3.0% |
| 2013 | 23,835 million USD | +10.0% |
| 2014 | 26,790 million USD | +12.4% |
| 2015 | 28,088 million USD | +4.8% |
| 2016 | 25,177 million USD | -10.4% |
| 2017 | 30,141 million USD | +19.7% |
| 2018 | 35,092 million USD | +16.4% |
| 2019 | 39,565 million USD | +12.7% |
| 2020 | 36,660 million USD | -7.3% |
| 2021 | 38,759 million USD | +5.7% |
| 2022 | 39,124 million USD | +0.9% |
| 2023 | 36,070 million USD | -7.8% |
| 2024 | 32,084 million USD | -11.1% |
Hungary compared with similar countries
- Hungary's 32,084 million USD is above the median for high income countries, which is 13,942 million USD, 2.3× the median. (73 countries reporting)
- Hungary's 32,084 million USD is above the median for Europe & Central Asia, which is 18,064 million USD, 1.8× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14,062 million USD | 10,627 million USD | 17,575 million USD | 10 |
| 1980s | 15,395 million USD | 14,061 million USD | 16,539 million USD | 10 |
| 1990s | 15,191 million USD | 12,951 million USD | 19,451 million USD | 10 |
| 2000s | 24,400 million USD | 20,616 million USD | 27,502 million USD | 10 |
| 2010s | 27,531 million USD | 21,665 million USD | 39,565 million USD | 10 |
| 2020s | 36,539 million USD | 32,084 million USD | 39,124 million USD | 5 |
Countries ranked near Hungary
- 64 Greece 36,420 million USD compare
- 65 United Republic of Tanzania 36,358 million USD compare
- 66 Morocco 33,691 million USD compare
- 68 Kuwait 29,587 million USD compare
- 69 Turkmenistan 27,871 million USD compare
- 70 Dominican Republic 26,625 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)
- 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 us$, 2015 prices in Hungary?
- Gross fixed capital formation — value us$, 2015 prices in Hungary was 32,084 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Hungary?
- The highest recorded value was 39,565 million USD in 2019.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Hungary?
- The lowest recorded value was 10,627 million USD in 1970.
- How does Hungary rank for gross fixed capital formation — value us$, 2015 prices?
- Hungary ranks 67th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 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).