What is total factor productivity in Hungary?

Total factor productivity in Hungary was 0.9971 in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.

What is the highest total factor productivity recorded in Hungary?

The highest recorded value was 1.01 in 2022.

What is the lowest total factor productivity recorded in Hungary?

The lowest recorded value was 0.721 in 1974.

How does Hungary rank for total factor productivity?

Hungary ranks 52nd out of 120 countries with data for 2023.

Is total factor productivity rising or falling in Hungary?

Over the last ten years it is up 7.5%. The long-run trend across the full record is rising.

Where does this Hungary data come from?

The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Total factor productivity. Statizoid updates them automatically from the source API.

Total factor productivity in Hungary

Name: Total factor productivity in Hungary
Creator: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
License: CC BY 4.0 (Our World in Data)

Hungary: Total factor productivity was 0.9971 in 2023. ▲ Rising

Latest (2023)

0.9971

Change on year

down 1.4%

World rank

52nd

of 120 countries

All-time high

1.01

in 2022

All-time low

0.721

in 1974

Years of data

1974–2023

Total factor productivity in Hungary, 1974–2023

Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.

Analysis

The most recent figure for total factor productivity in Hungary is 0.9971, measured in 2023.

Compared with earlier readings it is down 1.4% on the previous year and up 7.5% over ten years.

Over the whole period, total factor productivity in Hungary peaked at 1.01 in 2022 and was at its lowest, 0.721, in 1974.

That places Hungary 52nd out of 120 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 50 years of available data.

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	0.7539	0.721	0.7763	6
1980s	0.8173	0.7541	0.8533	10
1990s	0.8031	0.7566	0.8262	10
2000s	0.928	0.8385	0.9878	10
2010s	0.944	0.9248	1	10
2020s	0.9945	0.9693	1.01	4

Countries ranked near Hungary

49 United Kingdom 0.9985 compare
50 Lesotho 0.9983 compare
51 Egypt 0.9975 compare
53 Netherlands 0.9967 compare
54 Sierra Leone 0.9965 compare
55 Angola 0.9965 compare

See the full ranking of 120 places →

More economy & growth data for Hungary

External balance on goods and services as a percent of GDP 4.5% (2025)
Inflation of consumer prices 4.4% (2025)
GDP per capita 16,711 constant 2015 US$ (2025)
Share of manufacturing in gross domestic product (GDP) 15.1% (2025)
Gross domestic product (GDP) 158.99 billion constant 2015 US$ (2025)
GDP per capita in international and market dollars 16,711 constant 2015 US$ (2025)
DEC alternative conversion factor 353.14 LCU per US$ (2025)
Net secondary income (Net current transfers from abroad) -526.05 billion current LCU (2024)
Net secondary income (Net current transfers from abroad) -1.44 billion current US$ (2024)
Taxes less subsidies on products 12.46 trillion current LCU (2025)

All data for Hungary →

Frequently asked questions

What is total factor productivity in Hungary?: Total factor productivity in Hungary was 0.9971 in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
What is the highest total factor productivity recorded in Hungary?: The highest recorded value was 1.01 in 2022.
What is the lowest total factor productivity recorded in Hungary?: The lowest recorded value was 0.721 in 1974.
How does Hungary rank for total factor productivity?: Hungary ranks 52nd out of 120 countries with data for 2023.
Is total factor productivity rising or falling in Hungary?: Over the last ten years it is up 7.5%. The long-run trend across the full record is rising.
Where does this Hungary data come from?: The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Total factor productivity. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator: Total factor productivity
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 120 places, 6,892 data points, 1954–2023
Last refreshed: 07 August 2026

This is the level of total factor productivity, relative to each country's value in 2021 (which is set to 1). This data is adjusted for inflation and differences in living costs between countries.