Inflation, consumer prices in Hungary
Hungary: Inflation, consumer prices was 3.7 in 2024. ◆ Volatile
Latest (2024)
3.7
Change on year
down 78.4%
World rank
23rd
of 70 countries
All-time high
34.82
in 1991
All-time low
-0.2276
in 2014
Years of data
52
1973–2024
Inflation, consumer prices in Hungary, 1973–2024
Source: UNICEF.
Analysis
Hungary recorded 3.7 for inflation, consumer prices in 2024.
Compared with earlier readings it is down 78.4% on the previous year and up 1,727.5% over ten years.
Over the whole period, inflation, consumer prices in Hungary peaked at 34.82 in 1991 and was at its lowest, -0.2276, in 2014.
That places Hungary 23rd out of 70 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.55 | 1.8 | 8.98 | 7 |
| 1980s | 9.03 | 4.66 | 17.15 | 10 |
| 1990s | 22.24 | 10 | 34.82 | 10 |
| 2000s | 6.13 | 3.56 | 9.8 | 10 |
| 2010s | 2.48 | -0.2276 | 5.65 | 10 |
| 2020s | 8.77 | 3.33 | 17.12 | 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)
- Taxes less subsidies on products (current US$), annual growth rate 12.56 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1431 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 3,708 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 8.7 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 50.54 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 1.31 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0022 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 449.77 (2025)
Frequently asked questions
- What is inflation, consumer prices in Hungary?
- Inflation, consumer prices in Hungary was 3.7 in 2024, according to UNICEF.
- What is the highest inflation, consumer prices recorded in Hungary?
- The highest recorded value was 34.82 in 1991.
- What is the lowest inflation, consumer prices recorded in Hungary?
- The lowest recorded value was -0.2276 in 2014.
- How does Hungary rank for inflation, consumer prices?
- Hungary ranks 23rd out of 70 countries with data for 2024.
- Is inflation, consumer prices rising or falling in Hungary?
- Over the last ten years it is up 1,727.5%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from UNICEF, published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
Download this data
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