Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Hungary

Hungary: Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices was 17.42 % in 2023. ▲ Rising

Latest (2023)
17.42 %
Change on year
down 2.8%
World rank
37th
of 203 countries
All-time high
21.73 %
in 2007
All-time low
11.75 %
in 1991
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Hungary, 1970–2023

05101520197019962023

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

In 2023, value added (total manufacturing) — share of gdp us$, 2015 prices in Hungary stood at 17.42 %.

That represents a change of down 2.8% on the previous year and down 7.2% over ten years.

Over the whole period, value added (total manufacturing) — share of gdp us$, 2015 prices in Hungary peaked at 21.73 % in 2007 and was at its lowest, 11.75 %, in 1991.

That places Hungary 37th out of 203 countries with data for 2023, putting it in the top quarter.

The long-run direction has been consistently rising across the 54 years of available data.

Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Hungary, year by year

Annual values for Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Hungary, 1970 to 2023.
Year % Change
1970 12.06 %
1971 12.14 % +0.7%
1972 12.17 % +0.2%
1973 12.26 % +0.8%
1974 12.53 % +2.2%
1975 12.65 % +0.9%
1976 12.96 % +2.5%
1977 12.9 % -0.5%
1978 13.02 % +0.9%
1979 13.53 % +3.9%
1980 12.84 % -5.1%
1981 13.48 % +5.0%
1982 13.88 % +3.0%
1983 14.12 % +1.8%
1984 14.33 % +1.5%
1985 14.27 % -0.4%
1986 13.93 % -2.4%
1987 13.9 % -0.2%
1988 13.69 % -1.5%
1989 13.44 % -1.8%
1990 12.7 % -5.5%
1991 11.75 % -7.5%
1992 12.31 % +4.8%
1993 13.12 % +6.6%
1994 13.6 % +3.7%
1995 14.51 % +6.6%
1996 15.15 % +4.4%
1997 16.77 % +10.7%
1998 17.71 % +5.6%
1999 18.24 % +2.9%
2000 18.26 % +0.2%
2001 18.36 % +0.5%
2002 18.8 % +2.4%
2003 19.6 % +4.3%
2004 19.81 % +1.0%
2005 19.99 % +1.0%
2006 20.53 % +2.7%
2007 21.73 % +5.8%
2008 20.78 % -4.4%
2009 18.33 % -11.8%
2010 19.83 % +8.2%
2011 19.55 % -1.4%
2012 19.55 % -0.0%
2013 18.76 % -4.0%
2014 19.27 % +2.7%
2015 20.21 % +4.9%
2016 19.79 % -2.1%
2017 19.62 % -0.8%
2018 19.06 % -2.9%
2019 18.48 % -3.0%
2020 17.89 % -3.2%
2021 17.88 % -0.1%
2022 17.92 % +0.3%
2023 17.42 % -2.8%

Averages by decade

DecadeAverage LowestHighest Years
1970s 12.62 % 12.06 % 13.53 % 10
1980s 13.79 % 12.84 % 14.33 % 10
1990s 14.59 % 11.75 % 18.24 % 10
2000s 19.62 % 18.26 % 21.73 % 10
2010s 19.41 % 18.48 % 20.21 % 10
2020s 17.78 % 17.42 % 17.92 % 4

Countries ranked near Hungary

  1. 34 Brunei Darussalam 17.6 % compare
  2. 35 Morocco 17.43 % compare
  3. 36 Haiti 17.42 % compare
  4. 38 Poland 16.77 % compare
  5. 39 Denmark 16.69 % compare
  6. 40 USSR 16.29 % compare

See the full ranking of 252 places →

More economy & growth data for Hungary

All data for Hungary →

Frequently asked questions

What is value added (total manufacturing) — share of gdp us$, 2015 prices in Hungary?
Value added (total manufacturing) — share of gdp us$, 2015 prices in Hungary was 17.42 % in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — share of gdp us$, 2015 prices recorded in Hungary?
The highest recorded value was 21.73 % in 2007.
What is the lowest value added (total manufacturing) — share of gdp us$, 2015 prices recorded in Hungary?
The lowest recorded value was 11.75 % in 1991.
How does Hungary rank for value added (total manufacturing) — share of gdp us$, 2015 prices?
Hungary ranks 37th out of 203 countries with data for 2023.
Is value added (total manufacturing) — share of gdp us$, 2015 prices rising or falling in Hungary?
Over the last ten years it is down 7.2%. The long-run trend across the full record is rising.
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) — Share of GDP US$, 2015 prices. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Hungary. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 04 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-share-of-gdp-us-2015-prices/hungary/

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About this data

Indicator
Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,511 data points, 1970–2023
Last refreshed

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).