Merchandise trade as a proportion of GDP in Hungary
Hungary: Merchandise trade as a proportion of GDP was 137.4% in 2024. ▲ Rising
Latest (2024)
137.4%
Change on year
down 7.8%
World rank
12th
of 218 countries
All-time high
179.0%
in 2022
All-time low
106.7%
in 2003
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Hungary, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for merchandise trade as a proportion of gdp in Hungary is 137.4%, measured in 2024.
The figure is down 7.8% on the previous year and down 10.0% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Hungary peaked at 179.0% in 2022 and was at its lowest, 106.7%, in 2003.
That places Hungary 12th out of 218 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP in Hungary, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 127.7% | — |
| 2001 | 119.1% | -6.8% |
| 2002 | 106.9% | -10.2% |
| 2003 | 106.7% | -0.1% |
| 2004 | 111.6% | +4.6% |
| 2005 | 114.5% | +2.6% |
| 2006 | 132.8% | +16.0% |
| 2007 | 136.3% | +2.6% |
| 2008 | 137.4% | +0.8% |
| 2009 | 122.9% | -10.6% |
| 2010 | 139.2% | +13.3% |
| 2011 | 151.5% | +8.8% |
| 2012 | 154.7% | +2.1% |
| 2013 | 153.1% | -1.1% |
| 2014 | 152.7% | -0.2% |
| 2015 | 152.1% | -0.4% |
| 2016 | 151.8% | -0.2% |
| 2017 | 154.4% | +1.7% |
| 2018 | 152.3% | -1.4% |
| 2019 | 148.2% | -2.7% |
| 2020 | 149.4% | +0.8% |
| 2021 | 155.4% | +4.0% |
| 2022 | 179.0% | +15.2% |
| 2023 | 149.0% | -16.8% |
| 2024 | 137.4% | -7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 121.6% | 106.7% | 137.4% | 10 |
| 2010s | 151.0% | 139.2% | 154.7% | 10 |
| 2020s | 154.0% | 137.4% | 179.0% | 5 |
Countries ranked near Hungary
- 9 Malaysia 149.4% compare
- 10 Czechia 143.0% compare
- 11 Netherlands (Kingdom of the) 142.8% compare
- 13 Lesotho 125.3% compare
- 14 Brunei Darussalam 120.8% compare
- 14 Brunei Darussalam 120.8% 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)
- Gross capital formation (constant 2015 US$), annual growth rate 0.4927 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1335 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 3,458 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 5.09 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.6815 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 17,656 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 1.48 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 240.66 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Hungary?
- Merchandise trade as a proportion of gdp in Hungary was 137.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Hungary?
- The highest recorded value was 179.0% in 2022.
- What is the lowest merchandise trade as a proportion of gdp recorded in Hungary?
- The lowest recorded value was 106.7% in 2003.
- How does Hungary rank for merchandise trade as a proportion of gdp?
- Hungary ranks 12th out of 218 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Hungary?
- Over the last ten years it is down 10.0%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).