Net secondary income (Net current transfers from abroad) in Hungary
Hungary: Net secondary income (Net current transfers from abroad) was -526.05 billion current LCU in 2024. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Hungary, 1995–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for net secondary income (net current transfers from abroad) in Hungary is -526.05 billion current LCU, measured in 2024.
That represents a change of up 35.4% on the previous year and down 109.5% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Hungary peaked at 107.97 billion current LCU in 2003 and was at its lowest, -814.68 billion current LCU, in 2023.
That places Hungary 199th out of 202 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (Net current transfers from abroad) in Hungary, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 17.55 billion current LCU | — |
| 1996 | 8.60 billion current LCU | -51.0% |
| 1997 | 40.08 billion current LCU | +366.1% |
| 1998 | 59.28 billion current LCU | +47.9% |
| 1999 | 89.47 billion current LCU | +50.9% |
| 2000 | 99.41 billion current LCU | +11.1% |
| 2001 | 93.44 billion current LCU | -6.0% |
| 2002 | 101.05 billion current LCU | +8.1% |
| 2003 | 107.97 billion current LCU | +6.9% |
| 2004 | -85.03 billion current LCU | -178.7% |
| 2005 | -79.29 billion current LCU | -6.7% |
| 2006 | -166.21 billion current LCU | +109.6% |
| 2007 | -212.07 billion current LCU | +27.6% |
| 2008 | -206.10 billion current LCU | -2.8% |
| 2009 | -99.44 billion current LCU | -51.8% |
| 2010 | -122.40 billion current LCU | +23.1% |
| 2011 | -186.84 billion current LCU | +52.7% |
| 2012 | -266.31 billion current LCU | +42.5% |
| 2013 | -193.55 billion current LCU | -27.3% |
| 2014 | -251.04 billion current LCU | +29.7% |
| 2015 | -370.85 billion current LCU | +47.7% |
| 2016 | -538.97 billion current LCU | +45.3% |
| 2017 | -366.96 billion current LCU | -31.9% |
| 2018 | -155.82 billion current LCU | -57.5% |
| 2019 | -277.16 billion current LCU | +77.9% |
| 2020 | -229.95 billion current LCU | -17.0% |
| 2021 | -557.90 billion current LCU | +142.6% |
| 2022 | -558.69 billion current LCU | +0.1% |
| 2023 | -814.68 billion current LCU | +45.8% |
| 2024 | -526.05 billion current LCU | -35.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 43.00 billion current LCU | 8.60 billion current LCU | 89.47 billion current LCU | 5 |
| 2000s | -44.63 billion current LCU | -212.07 billion current LCU | 107.97 billion current LCU | 10 |
| 2010s | -272.99 billion current LCU | -538.97 billion current LCU | -122.40 billion current LCU | 10 |
| 2020s | -537.45 billion current LCU | -814.68 billion current LCU | -229.95 billion current LCU | 5 |
Countries ranked near Hungary
- 196 United States of America -273.12 billion current LCU compare
- 197 Côte d'Ivoire -295.01 billion current LCU compare
- 198 Angola -364.31 billion current LCU compare
- 200 Russian Federation -630.16 billion current LCU compare
- 201 Japan -4.25 trillion current LCU compare
- 202 Republic of Korea -6.93 trillion current LCU 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)
- GDP (constant 2015 US$), annual growth rate 0.5095 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.645 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 16,711 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 0.5095 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 222 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 5.75 million constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 4.71 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2663 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Hungary?
- Net secondary income (net current transfers from abroad) in Hungary was -526.05 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Hungary?
- The highest recorded value was 107.97 billion current LCU in 2003.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Hungary?
- The lowest recorded value was -814.68 billion current LCU in 2023.
- How does Hungary rank for net secondary income (net current transfers from abroad)?
- Hungary ranks 199th out of 202 countries with data for 2024.
- Is net secondary income (net current transfers from abroad) rising or falling in Hungary?
- Over the last ten years it is down 109.5%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.