Net secondary income (Net current transfers from abroad) in Hungary
Hungary: Net secondary income (Net current transfers from abroad) was -1.44 billion current US$ 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 US$.
Analysis
In 2024, net secondary income (net current transfers from abroad) in Hungary stood at -1.44 billion current US$.
The figure is up 37.7% on the previous year and down 33.3% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Hungary peaked at 481.36 million current US$ in 2003 and was at its lowest, -2.31 billion current US$, in 2023.
Hungary ranks 170th of 202 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (Net current transfers from abroad) in Hungary, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 139.59 million current US$ | — |
| 1996 | 56.33 million current US$ | -59.6% |
| 1997 | 214.59 million current US$ | +280.9% |
| 1998 | 276.50 million current US$ | +28.9% |
| 1999 | 377.30 million current US$ | +36.5% |
| 2000 | 352.29 million current US$ | -6.6% |
| 2001 | 326.17 million current US$ | -7.4% |
| 2002 | 391.86 million current US$ | +20.1% |
| 2003 | 481.36 million current US$ | +22.8% |
| 2004 | -419.37 million current US$ | -187.1% |
| 2005 | -397.30 million current US$ | -5.3% |
| 2006 | -790.00 million current US$ | +98.8% |
| 2007 | -1.15 billion current US$ | +46.2% |
| 2008 | -1.20 billion current US$ | +3.7% |
| 2009 | -491.44 million current US$ | -59.0% |
| 2010 | -588.60 million current US$ | +19.8% |
| 2011 | -929.32 million current US$ | +57.9% |
| 2012 | -1.18 billion current US$ | +27.3% |
| 2013 | -865.24 million current US$ | -26.9% |
| 2014 | -1.08 billion current US$ | +24.7% |
| 2015 | -1.33 billion current US$ | +23.0% |
| 2016 | -1.91 billion current US$ | +44.2% |
| 2017 | -1.34 billion current US$ | -30.2% |
| 2018 | -576.66 million current US$ | -56.9% |
| 2019 | -953.54 million current US$ | +65.4% |
| 2020 | -746.59 million current US$ | -21.7% |
| 2021 | -1.84 billion current US$ | +146.5% |
| 2022 | -1.50 billion current US$ | -18.5% |
| 2023 | -2.31 billion current US$ | +53.9% |
| 2024 | -1.44 billion current US$ | -37.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 212.86 million current US$ | 56.33 million current US$ | 377.30 million current US$ | 5 |
| 2000s | -289.88 million current US$ | -1.20 billion current US$ | 481.36 million current US$ | 10 |
| 2010s | -1.08 billion current US$ | -1.91 billion current US$ | -576.66 million current US$ | 10 |
| 2020s | -1.57 billion current US$ | -2.31 billion current US$ | -746.59 million current US$ | 5 |
Countries ranked near Hungary
- 167 Brunei Darussalam -718.33 million current US$ compare
- 168 New Zealand -754.10 million current US$ compare
- 169 Mauritius -1.17 billion current US$ compare
- 171 South Africa -1.93 billion current US$ compare
- 172 Finland -1.99 billion current US$ compare
- 173 Malaysia -2.51 billion current US$ 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)
- GNI, Atlas method (current US$), annual growth rate 14.07 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9205 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 23,847 current US$ per person (2025)
- GNI (current US$), annual growth rate 10.08 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9759 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 25,282 current US$ per person (2025)
- GNI (current LCU), annual growth rate 6.3 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 344.62 current LCU 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 -1.44 billion current US$ 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 481.36 million current US$ in 2003.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Hungary?
- The lowest recorded value was -2.31 billion current US$ in 2023.
- How does Hungary rank for net secondary income (net current transfers from abroad)?
- Hungary ranks 170th 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 33.3%. 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 US$). 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 indicator is expressed in United States dollars.