Insurance and financial services in Hungary
Hungary: Insurance and financial services was 4.6% in 2025. ▼ Falling
Insurance and financial services in Hungary, 1982–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
The most recent figure for insurance and financial services in Hungary is 4.6%, measured in 2025.
Compared with earlier readings it is up 17.2% on the previous year and up 29.5% over ten years.
Over the whole period, insurance and financial services in Hungary peaked at 8.7% in 1998 and was at its lowest, 0.5%, in 1992.
Hungary ranks 120th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 44 years of available data.
Insurance and financial services in Hungary, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1982 | 6.7% | — |
| 1983 | 6.1% | -8.9% |
| 1984 | 5.5% | -10.4% |
| 1985 | 4.6% | -16.3% |
| 1986 | 5.5% | +19.5% |
| 1987 | 5.6% | +2.4% |
| 1988 | 3.6% | -35.8% |
| 1989 | 2.8% | -23.3% |
| 1990 | 0.9% | -66.5% |
| 1991 | 0.7% | -22.4% |
| 1992 | 0.5% | -28.9% |
| 1993 | 0.7% | +34.2% |
| 1994 | 0.8% | +15.1% |
| 1995 | 4.9% | +526.0% |
| 1996 | 6.0% | +21.3% |
| 1997 | 8.2% | +37.6% |
| 1998 | 8.7% | +5.6% |
| 1999 | 7.1% | -17.7% |
| 2000 | 6.8% | -5.3% |
| 2001 | 6.2% | -8.9% |
| 2002 | 4.7% | -24.0% |
| 2003 | 5.7% | +20.8% |
| 2004 | 6.3% | +11.9% |
| 2005 | 4.1% | -35.1% |
| 2006 | 4.3% | +3.5% |
| 2007 | 4.0% | -6.5% |
| 2008 | 4.4% | +10.1% |
| 2009 | 4.7% | +7.6% |
| 2010 | 3.9% | -16.3% |
| 2011 | 3.5% | -10.3% |
| 2012 | 2.8% | -20.7% |
| 2013 | 2.6% | -7.0% |
| 2014 | 3.1% | +18.6% |
| 2015 | 3.5% | +14.0% |
| 2016 | 4.2% | +18.5% |
| 2017 | 3.8% | -9.2% |
| 2018 | 3.7% | -3.5% |
| 2019 | 3.1% | -14.2% |
| 2020 | 4.3% | +35.8% |
| 2021 | 4.6% | +7.9% |
| 2022 | 3.7% | -20.3% |
| 2023 | 4.5% | +23.7% |
| 2024 | 3.9% | -14.2% |
| 2025 | 4.6% | +17.2% |
Hungary compared with similar countries
- Hungary's 4.6% is below the median for high income countries, which is 6.2%, 73% of the median. (72 countries reporting)
- Hungary's 4.6% is below the median for Europe & Central Asia, which is 5.2%, 88% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Hungary changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +526.0% | 0.8% | 4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.0% | 2.8% | 6.7% | 8 |
| 1990s | 3.9% | 0.5% | 8.7% | 10 |
| 2000s | 5.1% | 4.0% | 6.8% | 10 |
| 2010s | 3.4% | 2.6% | 4.2% | 10 |
| 2020s | 4.2% | 3.7% | 4.6% | 6 |
Countries ranked near Hungary
- 117 Bosnia and Herzegovina 4.8% compare
- 118 Switzerland 4.8% compare
- 119 Vanuatu 4.7% compare
- 121 New Caledonia 4.5% compare
- 122 Finland 4.5% compare
- 123 Nepal 4.4% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -60.84 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.2468 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -6,395 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -69.94 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -14.09 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.2837 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -7,351 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.3 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Hungary?
- Insurance and financial services in Hungary was 4.6% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Hungary?
- The highest recorded value was 8.7% in 1998.
- What is the lowest insurance and financial services recorded in Hungary?
- The lowest recorded value was 0.5% in 1992.
- How does Hungary rank for insurance and financial services?
- Hungary ranks 120th out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Hungary?
- Over the last ten years it is up 29.5%. The long-run trend across the full record is falling.
- Where does this Hungary data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of service imports, BoP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.