Value of imported goods as a share of GDP in Hungary
Hungary: Value of imported goods as a share of GDP was 65.3% in 2024. ▲ Rising
Value of imported goods as a share of GDP in Hungary, 1968–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, value of imported goods as a share of gdp in Hungary stood at 65.3%.
That represents a change of down 9.6% on the previous year and down 12.1% over ten years.
Over the whole period, value of imported goods as a share of gdp in Hungary peaked at 93.3% in 2022 and was at its lowest, 21.4%, in 1993.
Hungary ranks 26th of 201 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 57 years of available data.
Value of imported goods as a share of GDP in Hungary, year by year
| Year | % | Change |
|---|---|---|
| 1968 | 25.6% | — |
| 1969 | 31.7% | +23.6% |
| 1970 | 38.2% | +20.6% |
| 1971 | 38.7% | +1.1% |
| 1972 | 30.4% | -21.4% |
| 1973 | 32.1% | +5.8% |
| 1974 | 39.2% | +21.8% |
| 1975 | 43.1% | +10.0% |
| 1976 | 36.5% | -15.2% |
| 1977 | 37.9% | +3.8% |
| 1978 | 38.9% | +2.5% |
| 1979 | 36.9% | -5.1% |
| 1980 | 33.9% | -8.2% |
| 1981 | 32.6% | -3.7% |
| 1982 | 31.3% | -4.1% |
| 1983 | 33.7% | +7.7% |
| 1984 | 32.7% | -2.9% |
| 1985 | 32.5% | -0.5% |
| 1986 | 32.4% | -0.4% |
| 1987 | 29.5% | -8.8% |
| 1988 | 25.8% | -12.8% |
| 1989 | 23.0% | -10.7% |
| 1990 | 24.0% | +4.3% |
| 1991 | 25.5% | +6.2% |
| 1992 | 21.4% | -16.1% |
| 1993 | 21.4% | -0.0% |
| 1994 | 32.0% | +49.7% |
| 1995 | 32.1% | +0.4% |
| 1996 | 33.7% | +4.9% |
| 1997 | 44.8% | +32.8% |
| 1998 | 52.7% | +17.7% |
| 1999 | 56.7% | +7.5% |
| 2000 | 67.5% | +19.0% |
| 2001 | 62.3% | -7.6% |
| 2002 | 55.7% | -10.6% |
| 2003 | 56.1% | +0.7% |
| 2004 | 58.1% | +3.6% |
| 2005 | 58.6% | +0.9% |
| 2006 | 67.7% | +15.5% |
| 2007 | 68.3% | +0.8% |
| 2008 | 69.0% | +1.1% |
| 2009 | 59.6% | -13.7% |
| 2010 | 66.8% | +12.3% |
| 2011 | 72.3% | +8.1% |
| 2012 | 74.1% | +2.5% |
| 2013 | 73.6% | -0.7% |
| 2014 | 74.3% | +1.0% |
| 2015 | 73.4% | -1.2% |
| 2016 | 72.8% | -0.9% |
| 2017 | 75.0% | +3.1% |
| 2018 | 74.9% | -0.2% |
| 2019 | 73.1% | -2.4% |
| 2020 | 73.2% | +0.1% |
| 2021 | 78.0% | +6.5% |
| 2022 | 93.3% | +19.7% |
| 2023 | 72.2% | -22.6% |
| 2024 | 65.3% | -9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 28.7% | 25.6% | 31.7% | 2 |
| 1970s | 37.2% | 30.4% | 43.1% | 10 |
| 1980s | 30.7% | 23.0% | 33.9% | 10 |
| 1990s | 34.4% | 21.4% | 56.7% | 10 |
| 2000s | 62.3% | 55.7% | 69.0% | 10 |
| 2010s | 73.0% | 66.8% | 75.0% | 10 |
| 2020s | 76.4% | 65.3% | 93.3% | 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)
- 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 value of imported goods as a share of gdp in Hungary?
- Value of imported goods as a share of gdp in Hungary was 65.3% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Hungary?
- The highest recorded value was 93.3% in 2022.
- What is the lowest value of imported goods as a share of gdp recorded in Hungary?
- The lowest recorded value was 21.4% in 1993.
- How does Hungary rank for value of imported goods as a share of gdp?
- Hungary ranks 26th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Hungary?
- Over the last ten years it is down 12.1%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).