Value Added (Total Manufacturing) — Annual growth US$, 2015 prices in Hungary
Hungary: Value Added (Total Manufacturing) — Annual growth US$, 2015 prices was -3.73 % in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Annual growth US$, 2015 prices in Hungary, 1971–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Hungary recorded -3.73 % for value added (total manufacturing) — annual growth us$, 2015 prices in 2023.
Compared with earlier readings it is down 182.3% on the previous year and down 80.4% over ten years.
Over the whole period, value added (total manufacturing) — annual growth us$, 2015 prices in Hungary peaked at 13.99 % in 1997 and was at its lowest, -18.47 %, in 1991.
That places Hungary 170th out of 203 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Annual growth US$, 2015 prices in Hungary, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 6.96 % | — |
| 1972 | 6.34 % | -8.9% |
| 1973 | 7.73 % | +22.0% |
| 1974 | 8.21 % | +6.1% |
| 1975 | 7.2 % | -12.3% |
| 1976 | 6 % | -16.6% |
| 1977 | 6.26 % | +4.2% |
| 1978 | 5.57 % | -11.0% |
| 1979 | 5.48 % | -1.6% |
| 1980 | -5.03 % | -191.8% |
| 1981 | 7.97 % | -258.4% |
| 1982 | 5.89 % | -26.1% |
| 1983 | 2.5 % | -57.6% |
| 1984 | 4.17 % | +66.9% |
| 1985 | -0.6728 % | -116.1% |
| 1986 | -0.884 % | +31.4% |
| 1987 | 3.83 % | -533.8% |
| 1988 | -1.56 % | -140.7% |
| 1989 | -1.11 % | -29.1% |
| 1990 | -8.84 % | +700.1% |
| 1991 | -18.47 % | +108.9% |
| 1992 | 1.6 % | -108.6% |
| 1993 | 5.94 % | +272.1% |
| 1994 | 6.74 % | +13.6% |
| 1995 | 8.22 % | +22.0% |
| 1996 | 4.55 % | -44.6% |
| 1997 | 13.99 % | +207.2% |
| 1998 | 9.67 % | -30.9% |
| 1999 | 6.12 % | -36.7% |
| 2000 | 4.57 % | -25.3% |
| 2001 | 4.59 % | +0.3% |
| 2002 | 7.24 % | +57.9% |
| 2003 | 8.39 % | +15.9% |
| 2004 | 6.05 % | -27.9% |
| 2005 | 5.29 % | -12.6% |
| 2006 | 6.73 % | +27.3% |
| 2007 | 6.16 % | -8.5% |
| 2008 | -3.41 % | -155.4% |
| 2009 | -17.72 % | +419.1% |
| 2010 | 9.34 % | -152.7% |
| 2011 | 0.479 % | -94.9% |
| 2012 | -1.35 % | -382.7% |
| 2013 | -2.07 % | +52.9% |
| 2014 | 7.16 % | -445.8% |
| 2015 | 8.71 % | +21.7% |
| 2016 | 0.3255 % | -96.3% |
| 2017 | 3.25 % | +897.3% |
| 2018 | 2.55 % | -21.3% |
| 2019 | 1.92 % | -24.9% |
| 2020 | -7.4 % | -486.0% |
| 2021 | 7.02 % | -194.9% |
| 2022 | 4.54 % | -35.3% |
| 2023 | -3.73 % | -182.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.64 % | 5.48 % | 8.21 % | 9 |
| 1980s | 1.51 % | -5.03 % | 7.97 % | 10 |
| 1990s | 2.95 % | -18.47 % | 13.99 % | 10 |
| 2000s | 2.79 % | -17.72 % | 8.39 % | 10 |
| 2010s | 3.03 % | -2.07 % | 9.34 % | 10 |
| 2020s | 0.1062 % | -7.4 % | 7.02 % | 4 |
Countries ranked near Hungary
- 167 Brunei Darussalam -3.38 % compare
- 168 Saudi Arabia -3.46 % compare
- 169 British Virgin Islands -3.55 % compare
- 171 New Zealand -3.79 % compare
- 172 Lithuania -3.84 % compare
- 173 Suriname -3.93 % 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 value added (total manufacturing) — annual growth us$, 2015 prices in Hungary?
- Value added (total manufacturing) — annual growth us$, 2015 prices in Hungary was -3.73 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — annual growth us$, 2015 prices recorded in Hungary?
- The highest recorded value was 13.99 % in 1997.
- What is the lowest value added (total manufacturing) — annual growth us$, 2015 prices recorded in Hungary?
- The lowest recorded value was -18.47 % in 1991.
- How does Hungary rank for value added (total manufacturing) — annual growth us$, 2015 prices?
- Hungary ranks 170th out of 203 countries with data for 2023.
- Is value added (total manufacturing) — annual growth us$, 2015 prices rising or falling in Hungary?
- Over the last ten years it is down 80.4%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Annual growth US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).