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

Hungary: Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) was 27,326 million USD in 2023. ▲ Rising

Latest (2023)
27,326 million USD
Change on year
down 3.7%
World rank
54th
of 236 countries
All-time high
28,386 million USD
in 2022
All-time low
6,074 million USD
in 1970
Years of data
54
1970–2023

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

5.0k10.0k15.0k20.0k25.0k30.0k197019962023

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 54th of 236 countries on this measure, in the top quarter.

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

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

Annual values for Value Added (Total Manufacturing) — Value US$, 2015 prices in Hungary, 1970 to 2023.
Year million USD Change
1970 6,074 million USD —
1971 6,497 million USD +7.0%
1972 6,909 million USD +6.3%
1973 7,443 million USD +7.7%
1974 8,054 million USD +8.2%
1975 8,634 million USD +7.2%
1976 9,152 million USD +6.0%
1977 9,725 million USD +6.3%
1978 10,267 million USD +5.6%
1979 10,829 million USD +5.5%
1980 10,284 million USD -5.0%
1981 11,104 million USD +8.0%
1982 11,759 million USD +5.9%
1983 12,052 million USD +2.5%
1984 12,555 million USD +4.2%
1985 12,471 million USD -0.7%
1986 12,360 million USD -0.9%
1987 12,834 million USD +3.8%
1988 12,634 million USD -1.6%
1989 12,494 million USD -1.1%
1990 11,390 million USD -8.8%
1991 9,286 million USD -18.5%
1992 9,434 million USD +1.6%
1993 9,994 million USD +5.9%
1994 10,668 million USD +6.7%
1995 11,545 million USD +8.2%
1996 12,071 million USD +4.6%
1997 13,760 million USD +14.0%
1998 15,090 million USD +9.7%
1999 16,014 million USD +6.1%
2000 16,746 million USD +4.6%
2001 17,514 million USD +4.6%
2002 18,783 million USD +7.2%
2003 20,360 million USD +8.4%
2004 21,592 million USD +6.1%
2005 22,734 million USD +5.3%
2006 24,265 million USD +6.7%
2007 25,761 million USD +6.2%
2008 24,882 million USD -3.4%
2009 20,472 million USD -17.7%
2010 22,383 million USD +9.3%
2011 22,490 million USD +0.5%
2012 22,186 million USD -1.4%
2013 21,727 million USD -2.1%
2014 23,282 million USD +7.2%
2015 25,309 million USD +8.7%
2016 25,391 million USD +0.3%
2017 26,216 million USD +3.2%
2018 26,885 million USD +2.6%
2019 27,400 million USD +1.9%
2020 25,373 million USD -7.4%
2021 27,154 million USD +7.0%
2022 28,386 million USD +4.5%
2023 27,326 million USD -3.7%

Hungary compared with similar countries

  • Hungary's 27,326 million USD is above the median for high income countries, which is 9,626 million USD, 2.8× the median. (73 countries reporting)
  • Hungary's 27,326 million USD is above the median for Europe & Central Asia, which is 12,800 million USD, 2.1× the median. (52 countries reporting)

Averages by decade

DecadeAverage LowestHighest 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

  1. 51 South Africa 41,315 million USD compare
  2. 52 Finland 36,926 million USD compare
  3. 53 Romania 35,675 million USD compare
  4. 55 Peru 26,948 million USD compare
  5. 56 Norway 26,839 million USD compare
  6. 57 Kazakhstan 26,667 million USD compare

See the full ranking of 266 places →

More economy & growth data for Hungary

All data for Hungary →

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$, 2015 prices?
Hungary ranks 54th out of 236 countries with data for 2023.
Is value added (total manufacturing) — value us$, 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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Value Added (Total Manufacturing) — Value US$, 2015 prices in Hungary. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us-2015-prices/hungary/

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About this data

Indicator
Value Added (Total Manufacturing) — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
266 places, 13,170 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).