HICP - Services (Annual average rate of change, Eurostat) in Hungary
Hungary: HICP - Services (Annual average rate of change, Eurostat) was 7.5 in 2025. ◆ Volatile
Latest (2025)
7.5
Change on year
down 12.8%
World rank
3rd
of 31 countries
All-time high
16.7
in 1998
All-time low
1.8
in 2016
Years of data
29
1997–2025
HICP - Services in Hungary, 1997–2025
Source: European Central Bank.
Analysis
Hungary recorded 7.5 for hicp - services in 2025.
The figure is down 12.8% on the previous year and up 240.9% over ten years.
Over the whole period, hicp - services in Hungary peaked at 16.7 in 1998 and was at its lowest, 1.8, in 2016.
That places Hungary 3rd out of 31 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
HICP - Services (Annual average rate of change, Eurostat) in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 13.3 | — |
| 1998 | 16.7 | +25.6% |
| 1999 | 15.6 | -6.6% |
| 2000 | 11 | -29.5% |
| 2001 | 4.8 | -56.4% |
| 2002 | 7.5 | +56.3% |
| 2003 | 7 | -6.7% |
| 2004 | 8.5 | +21.4% |
| 2005 | 5.5 | -35.3% |
| 2006 | 4.3 | -21.8% |
| 2007 | 7.1 | +65.1% |
| 2008 | 5 | -29.6% |
| 2009 | 4.5 | -10.0% |
| 2010 | 3.9 | -13.3% |
| 2011 | 2.1 | -46.2% |
| 2012 | 4.1 | +95.2% |
| 2013 | 3.6 | -12.2% |
| 2014 | 2.3 | -36.1% |
| 2015 | 2.2 | -4.3% |
| 2016 | 1.8 | -18.2% |
| 2017 | 1.9 | +5.6% |
| 2018 | 2.4 | +26.3% |
| 2019 | 4 | +66.7% |
| 2020 | 3.8 | -5.0% |
| 2021 | 3.8 | +0.0% |
| 2022 | 10.2 | +168.4% |
| 2023 | 16.3 | +59.8% |
| 2024 | 8.6 | -47.2% |
| 2025 | 7.5 | -12.8% |
Hungary compared with similar countries
- Hungary's 7.5 is above the median for Europe & Central Asia, which is 4.3, 1.7× the median. (29 countries reporting)
- Hungary's 7.5 is above the median for high income countries, which is 4.3, 1.7× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.2 | 13.3 | 16.7 | 3 |
| 2000s | 6.52 | 4.3 | 11 | 10 |
| 2010s | 2.83 | 1.8 | 4.1 | 10 |
| 2020s | 8.37 | 3.8 | 16.3 | 6 |
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 hicp - services in Hungary?
- Hicp - services in Hungary was 7.5 in 2025, according to European Central Bank.
- What is the highest hicp - services recorded in Hungary?
- The highest recorded value was 16.7 in 1998.
- What is the lowest hicp - services recorded in Hungary?
- The lowest recorded value was 1.8 in 2016.
- How does Hungary rank for hicp - services?
- Hungary ranks 3rd out of 31 countries with data for 2025.
- Is hicp - services rising or falling in Hungary?
- Over the last ten years it is up 240.9%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from European Central Bank, published as part of HICP - Services (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
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