Gross Fixed Capital Formation — Value US$ in Hungary

Hungary: Gross Fixed Capital Formation — Value US$ was 52,832 million USD in 2024. ◆ Volatile

Latest (2024)
52,832 million USD
Change on year
down 4.9%
World rank
53rd
of 219 countries
All-time high
55,531 million USD
in 2023
All-time low
2,354 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$ in Hungary, 1970–2024

020.0k40.0k60.0k197019972024

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 53rd out of 219 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 50 Portugal 61,399 million USD compare
  2. 51 Nigeria 60,926 million USD compare
  3. 52 Peru 60,373 million USD compare
  4. 54 Pakistan 41,914 million USD compare
  5. 55 Morocco 40,627 million USD compare
  6. 56 Uzbekistan 40,482 million USD compare

See the full ranking of 251 places →

More economy & growth data for Hungary

All data for Hungary →

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$?
Hungary ranks 53rd out of 219 countries with data for 2024.
Is gross fixed capital formation — value us$ 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

CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

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).