Value Added (Total Manufacturing) — Value US$ in Hungary

Hungary: Value Added (Total Manufacturing) — Value US$ was 36,630 million USD in 2023. ◆ Volatile

Latest (2023)
36,630 million USD
Change on year
up 22.5%
World rank
48th
of 220 countries
All-time high
36,630 million USD
in 2023
All-time low
1,501 million USD
in 1970
Years of data
54
1970–2023

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

010.0k20.0k30.0k40.0k197019962023

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

Analysis

Hungary recorded 36,630 million USD for value added (total manufacturing) — value us$ in 2023. That is the highest value across all 54 years on record.

Compared with earlier readings it is up 22.5% on the previous year and up 44.4% over ten years.

Over the whole period, value added (total manufacturing) — value us$ in Hungary peaked at 36,630 million USD in 2023 and was at its lowest, 1,501 million USD, in 1970.

Hungary ranks 48th of 220 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 3,203 million USD 1,501 million USD 5,550 million USD 10
1980s 5,643 million USD 4,976 million USD 6,616 million USD 10
1990s 7,978 million USD 6,237 million USD 9,731 million USD 10
2000s 18,984 million USD 9,022 million USD 28,914 million USD 10
2010s 26,278 million USD 23,759 million USD 29,663 million USD 10
2020s 31,047 million USD 27,374 million USD 36,630 million USD 4

Countries ranked near Hungary

  1. 45 Pakistan 40,708 million USD compare
  2. 46 Colombia 39,596 million USD compare
  3. 47 Yugoslav SFR 37,238 million USD compare
  4. 49 Portugal 34,317 million USD compare
  5. 50 Peru 33,943 million USD compare
  6. 51 Kazakhstan 31,882 million USD 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) — value us$ in Hungary?
Value added (total manufacturing) — value us$ in Hungary was 36,630 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — value us$ recorded in Hungary?
The highest recorded value was 36,630 million USD in 2023.
What is the lowest value added (total manufacturing) — value us$ recorded in Hungary?
The lowest recorded value was 1,501 million USD in 1970.
How does Hungary rank for value added (total manufacturing) — value us$?
Hungary ranks 48th out of 220 countries with data for 2023.
Is value added (total manufacturing) — value us$ rising or falling in Hungary?
Over the last ten years it is up 44.4%. 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) — Value US$. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Value Added (Total Manufacturing) — Value US$
Unit
million USD
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).