International trade in services in Hungary
Hungary: International trade in services was 1,744 Euros, exchange rate converted in 2024. ◆ Volatile
International trade in services in Hungary, 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euros, exchange rate converted.
Analysis
In 2024, international trade in services in Hungary stood at 1,744 Euros, exchange rate converted. That is the highest value across all 15 years on record.
That represents a change of up 7.9% on the previous year and up 845.2% over ten years.
Over the whole period, international trade in services in Hungary peaked at 1,744 Euros, exchange rate converted in 2024 and was at its lowest, -609.8 Euros, exchange rate converted, in 2011.
Hungary ranks 11th of 21 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
International trade in services in Hungary, year by year
| Year | Euros, exchange rate converted | Change |
|---|---|---|
| 2010 | -438.5 Euros, exchange rate converted | — |
| 2011 | -609.8 Euros, exchange rate converted | +39.1% |
| 2012 | -417 Euros, exchange rate converted | -31.6% |
| 2013 | -302.5 Euros, exchange rate converted | -27.5% |
| 2014 | -234 Euros, exchange rate converted | -22.6% |
| 2015 | -71.5 Euros, exchange rate converted | -69.4% |
| 2016 | 292.8 Euros, exchange rate converted | -509.5% |
| 2017 | 255.9 Euros, exchange rate converted | -12.6% |
| 2018 | 788.2 Euros, exchange rate converted | +208.0% |
| 2019 | 916.9 Euros, exchange rate converted | +16.3% |
| 2020 | 590.9 Euros, exchange rate converted | -35.6% |
| 2021 | 949.9 Euros, exchange rate converted | +60.8% |
| 2022 | 1,214 Euros, exchange rate converted | +27.8% |
| 2023 | 1,616 Euros, exchange rate converted | +33.1% |
| 2024 | 1,744 Euros, exchange rate converted | +7.9% |
Hungary compared with similar countries
- Hungary's 1,744 Euros, exchange rate converted is below the median for Europe & Central Asia, which is 1,753 Euros, exchange rate converted, 99% of the median. (18 countries reporting)
- Hungary's 1,744 Euros, exchange rate converted is above the median for high income countries, which is 1,744 Euros, exchange rate converted, 1.0× the median. (21 countries reporting)
Biggest year-on-year movements
Years where International trade in 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 |
|---|---|---|---|
| 2016 | +509.5% | -71.5 Euros, exchange rate converted | 292.8 Euros, exchange rate converted |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18.05 Euros, exchange rate converted | -609.8 Euros, exchange rate converted | 916.9 Euros, exchange rate converted | 10 |
| 2020s | 1,223 Euros, exchange rate converted | 590.9 Euros, exchange rate converted | 1,744 Euros, exchange rate converted | 5 |
Countries ranked near Hungary
- 8 Czechia 2,204 Euros, exchange rate converted compare
- 9 Romania 2,173 Euros, exchange rate converted compare
- 10 Iceland 1,762 Euros, exchange rate converted compare
- 12 Finland 1,577 Euros, exchange rate converted compare
- 13 Sweden 1,064 Euros, exchange rate converted compare
- 14 Bulgaria 912.4 Euros, exchange rate converted compare
More economy & growth data for Hungary
- Real gdp growth, annual growth rate -26.96 % change on previous year (2025)
- 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)
Frequently asked questions
- What is international trade in services in Hungary?
- International trade in services in Hungary was 1,744 Euros, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest international trade in services recorded in Hungary?
- The highest recorded value was 1,744 Euros, exchange rate converted in 2024.
- What is the lowest international trade in services recorded in Hungary?
- The lowest recorded value was -609.8 Euros, exchange rate converted in 2011.
- How does Hungary rank for international trade in services?
- Hungary ranks 11th out of 21 countries with data for 2024.
- Is international trade in services rising or falling in Hungary?
- Over the last ten years it is up 845.2%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of International trade in services. Statizoid updates them automatically from the source API.
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About this data
Metadata by country are available in English and French. Please click on the link below: https://webfs-sdd.oecd.org/files/.Stat/ITSS/TradeInServices_metadata_allCountries.docx. The aim of this dataflow International Trade in Services EBOPS 2010 (by partner country) is to collect and disseminate balance of payments data on international trade in services at the most detailed partner country level available. To the extent that countries report them, data are also broken down by type of service according to the EBOPS 2010 classification. There has been a growing interest in monitoring patterns of trade in services around the world, which is partly associated with ongoing trade negotiations and partly due to the increasing importance of services in OECD economies. It has been developed to supplement other OECD publications on trade in services to address the data needs of trade analysts. It is also an important part of OECD's programme to facilitate the implementation of the recommendations of the revised Manual on Statistics of International Trade in Services 2010. The currency unit used for all series is: Millions of US dollars or Millions of National Currency or Millions of Euros. OECD statistics contact: stat.contact@oecd.org http://www.oecd.org/sdd