Gross Fixed Capital Formation — Value US$ (US Value) in Hungary
Hungary: Gross Fixed Capital Formation — Value US$ (US Value) was 52,832 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — 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 fixed capital formation — value us$ in Hungary is 52,832 million USD, measured in 2024.
That represents a change of down 4.9% on the previous year and up 68.4% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Hungary peaked at 55,531 million USD in 2023 and was at its lowest, 2,354 million USD, in 1970.
That places Hungary 59th out of 235 countries with data for 2024, putting it 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 US$ (US Value) in Hungary, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 2,354 million USD | — |
| 1971 | 2,664 million USD | +13.2% |
| 1972 | 2,979 million USD | +11.8% |
| 1973 | 3,543 million USD | +19.0% |
| 1974 | 4,194 million USD | +18.4% |
| 1975 | 5,158 million USD | +23.0% |
| 1976 | 5,700 million USD | +10.5% |
| 1977 | 6,799 million USD | +19.3% |
| 1978 | 7,966 million USD | +17.2% |
| 1979 | 8,743 million USD | +9.7% |
| 1980 | 8,993 million USD | +2.9% |
| 1981 | 8,483 million USD | -5.7% |
| 1982 | 8,226 million USD | -3.0% |
| 1983 | 7,263 million USD | -11.7% |
| 1984 | 6,608 million USD | -9.0% |
| 1985 | 6,524 million USD | -1.3% |
| 1986 | 8,027 million USD | +23.0% |
| 1987 | 9,103 million USD | +13.4% |
| 1988 | 8,259 million USD | -9.3% |
| 1989 | 8,448 million USD | +2.3% |
| 1990 | 8,489 million USD | +0.5% |
| 1991 | 7,902 million USD | -6.9% |
| 1992 | 8,360 million USD | +5.8% |
| 1993 | 8,230 million USD | -1.6% |
| 1994 | 9,434 million USD | +14.6% |
| 1995 | 10,167 million USD | +7.8% |
| 1996 | 10,724 million USD | +5.5% |
| 1997 | 11,042 million USD | +3.0% |
| 1998 | 11,809 million USD | +6.9% |
| 1999 | 12,351 million USD | +4.6% |
| 2000 | 12,091 million USD | -2.1% |
| 2001 | 13,418 million USD | +11.0% |
| 2002 | 16,782 million USD | +25.1% |
| 2003 | 20,241 million USD | +20.6% |
| 2004 | 25,145 million USD | +24.2% |
| 2005 | 27,101 million USD | +7.8% |
| 2006 | 27,297 million USD | +0.7% |
| 2007 | 33,350 million USD | +22.2% |
| 2008 | 37,142 million USD | +11.4% |
| 2009 | 29,826 million USD | -19.7% |
| 2010 | 26,678 million USD | -10.6% |
| 2011 | 27,897 million USD | +4.6% |
| 2012 | 24,803 million USD | -11.1% |
| 2013 | 28,446 million USD | +14.7% |
| 2014 | 31,365 million USD | +10.3% |
| 2015 | 28,088 million USD | -10.5% |
| 2016 | 25,482 million USD | -9.3% |
| 2017 | 32,243 million USD | +26.5% |
| 2018 | 40,322 million USD | +25.1% |
| 2019 | 44,987 million USD | +11.6% |
| 2020 | 42,199 million USD | -6.2% |
| 2021 | 50,230 million USD | +19.0% |
| 2022 | 49,859 million USD | -0.7% |
| 2023 | 55,531 million USD | +11.4% |
| 2024 | 52,832 million USD | -4.9% |
Hungary compared with similar countries
- Hungary's 52,832 million USD is above the median for high income countries, which is 20,129 million USD, 2.6× the median. (73 countries reporting)
- Hungary's 52,832 million USD is above the median for Europe & Central Asia, which is 26,071 million USD, 2.0× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5,010 million USD | 2,354 million USD | 8,743 million USD | 10 |
| 1980s | 7,993 million USD | 6,524 million USD | 9,103 million USD | 10 |
| 1990s | 9,851 million USD | 7,902 million USD | 12,351 million USD | 10 |
| 2000s | 24,239 million USD | 12,091 million USD | 37,142 million USD | 10 |
| 2010s | 31,031 million USD | 24,803 million USD | 44,987 million USD | 10 |
| 2020s | 50,130 million USD | 42,199 million USD | 55,531 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 fixed capital formation — value us$ in Hungary?
- Gross fixed capital formation — value us$ in Hungary was 52,832 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Hungary?
- The highest recorded value was 55,531 million USD in 2023.
- What is the lowest gross fixed capital formation — value us$ recorded in Hungary?
- The lowest recorded value was 2,354 million USD in 1970.
- How does Hungary rank for gross fixed capital formation — value us$?
- Hungary ranks 59th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Hungary?
- Over the last ten years it is up 68.4%. 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 US$. 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).