Machinery and transport equipment in Hungary
Hungary: Machinery and transport equipment was 36.0% in 2023. ▲ Rising
Machinery and transport equipment in Hungary, 1963–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
Hungary recorded 36.0% for machinery and transport equipment in 2023.
Compared with earlier readings it is up 5.9% on the previous year and down 16.0% over ten years.
Over the whole period, machinery and transport equipment in Hungary peaked at 43.7% in 2015 and was at its lowest, 11.7%, in 1993.
Hungary ranks 10th of 149 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 61 years of available data.
Machinery and transport equipment in Hungary, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1963 | 20.5% | — |
| 1964 | 20.1% | -1.8% |
| 1965 | 17.7% | -12.1% |
| 1966 | 17.2% | -2.9% |
| 1967 | 17.7% | +3.1% |
| 1968 | 19.2% | +8.4% |
| 1969 | 17.5% | -8.9% |
| 1970 | 18.2% | +3.9% |
| 1971 | 17.7% | -2.2% |
| 1972 | 16.9% | -4.6% |
| 1973 | 16.4% | -3.1% |
| 1974 | 17.0% | +3.4% |
| 1975 | 17.9% | +5.7% |
| 1976 | 18.4% | +2.5% |
| 1977 | 19.7% | +7.1% |
| 1978 | 19.2% | -2.6% |
| 1979 | 18.5% | -3.3% |
| 1980 | 16.7% | -10.1% |
| 1981 | 17.3% | +4.1% |
| 1982 | 19.2% | +10.7% |
| 1983 | 19.5% | +1.5% |
| 1984 | 19.2% | -1.4% |
| 1985 | 20.1% | +4.7% |
| 1986 | 21.3% | +6.0% |
| 1987 | 19.8% | -6.9% |
| 1988 | 17.4% | -12.1% |
| 1989 | 17.2% | -1.5% |
| 1990 | 16.5% | -4.2% |
| 1991 | 14.9% | -9.3% |
| 1992 | 11.8% | -21.2% |
| 1993 | 11.7% | -0.6% |
| 1994 | 11.8% | +1.3% |
| 1995 | 13.2% | +11.1% |
| 1996 | 15.6% | +18.4% |
| 1997 | 20.2% | +29.5% |
| 1998 | 26.9% | +33.4% |
| 1999 | 27.4% | +1.8% |
| 2000 | 27.0% | -1.4% |
| 2001 | 26.4% | -2.4% |
| 2002 | 24.8% | -6.1% |
| 2003 | 28.9% | +16.7% |
| 2004 | 29.5% | +2.0% |
| 2005 | 30.1% | +2.1% |
| 2006 | 31.2% | +3.8% |
| 2007 | 30.1% | -3.7% |
| 2008 | 31.3% | +4.1% |
| 2009 | 39.7% | +26.9% |
| 2010 | 40.8% | +2.6% |
| 2011 | 42.8% | +4.9% |
| 2012 | 41.2% | -3.7% |
| 2013 | 42.8% | +4.0% |
| 2014 | 43.3% | +1.1% |
| 2015 | 43.7% | +0.9% |
| 2016 | 40.3% | -7.8% |
| 2017 | 39.8% | -1.4% |
| 2018 | 38.1% | -4.1% |
| 2019 | 37.6% | -1.2% |
| 2020 | 36.6% | -2.9% |
| 2021 | 32.1% | -12.1% |
| 2022 | 34.0% | +5.7% |
| 2023 | 36.0% | +5.9% |
Hungary compared with similar countries
- Hungary's 36.0% is above the median for high income countries, which is 20.4%, 1.8× the median. (56 countries reporting)
- Hungary's 36.0% is above the median for Europe & Central Asia, which is 18.9%, 1.9× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 18.5% | 17.2% | 20.5% | 7 |
| 1970s | 18.0% | 16.4% | 19.7% | 10 |
| 1980s | 18.8% | 16.7% | 21.3% | 10 |
| 1990s | 17.0% | 11.7% | 27.4% | 10 |
| 2000s | 29.9% | 24.8% | 39.7% | 10 |
| 2010s | 41.0% | 37.6% | 43.7% | 10 |
| 2020s | 34.7% | 32.1% | 36.6% | 4 |
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)
- 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 machinery and transport equipment in Hungary?
- Machinery and transport equipment in Hungary was 36.0% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Hungary?
- The highest recorded value was 43.7% in 2015.
- What is the lowest machinery and transport equipment recorded in Hungary?
- The lowest recorded value was 11.7% in 1993.
- How does Hungary rank for machinery and transport equipment?
- Hungary ranks 10th out of 149 countries with data for 2023.
- Is machinery and transport equipment rising or falling in Hungary?
- Over the last ten years it is down 16.0%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).