Value Added (Total Manufacturing) — Value US$, 2015 prices in Hungary
Hungary: Value Added (Total Manufacturing) — Value US$, 2015 prices was 27,326 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$, 2015 prices in Hungary, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Hungary recorded 27,326 million USD for value added (total manufacturing) — value us$, 2015 prices in 2023.
Compared with earlier readings it is down 3.7% on the previous year and up 25.8% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Hungary peaked at 28,386 million USD in 2022 and was at its lowest, 6,074 million USD, in 1970.
Hungary ranks 48th of 220 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8,358 million USD | 6,074 million USD | 10,829 million USD | 10 |
| 1980s | 12,055 million USD | 10,284 million USD | 12,834 million USD | 10 |
| 1990s | 11,925 million USD | 9,286 million USD | 16,014 million USD | 10 |
| 2000s | 21,311 million USD | 16,746 million USD | 25,761 million USD | 10 |
| 2010s | 24,327 million USD | 21,727 million USD | 27,400 million USD | 10 |
| 2020s | 27,060 million USD | 25,373 million USD | 28,386 million USD | 4 |
Countries ranked near Hungary
More economy & growth data for Hungary
- External balance on goods and services as a percent of gdp 4.48 (2025)
- Inflation of consumer prices 4.41 (2025)
- Gdp per capita worldbank constant usd 16,711 (2025)
- Manufacturing value added to gdp 15.14 (2025)
- Gdp worldbank constant usd 158.99 billion (2025)
- Gdp per capita in international and market dollars 16,711 (2025)
- DEC alternative conversion factor 353.14 LCU per US$ (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)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Hungary?
- Value added (total manufacturing) — value us$, 2015 prices in Hungary was 27,326 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Hungary?
- The highest recorded value was 28,386 million USD in 2022.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Hungary?
- The lowest recorded value was 6,074 million USD in 1970.
- How does Hungary rank for value added (total manufacturing) — value us$, 2015 prices?
- Hungary ranks 48th out of 220 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Hungary?
- Over the last ten years it is up 25.8%. 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) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).