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Hungary flag Hungary:

Economic indicators of Hungary : Growth

Main Indicators

Main Indicators 20202021 (e)2022 (e)2023 (e)2024 (e)
GDP (billions USD) 156.74182.28184.65195.63211.68
GDP (Constant Prices, Annual % Change) -4.57.15.71.82.8
GDP per Capita (USD) 1618182021
General Government Balance (in % of GDP) -7.3-6.1-6.0-3.6-3.0
General Government Gross Debt (in % of GDP) 79.56076.75974.83073.68571.903
Inflation Rate (%) 3.35.113.913.35.6
Current Account (billions USD) -1.78-5.78-12.38-5.92-4.54
Current Account (in % of GDP) -1.1-3.2-6.7-3.0-2.1

Source: IMF – World Economic Outlook Database - Latest available data.

Note: (e) Estimated Data

 
Socio-Demographic Indicators 2022 (e)2023 (e)2024 (e)
Unemployment Rate (%) 3.43.83.6

Source: IMF – World Economic Outlook Database - Latest available data.

 
 
Monetary Indicators 20162017201820192020
Hungarian Forint (HUF) - Average Annual Exchange Rate For 1 EUR 299.49310.00318.82326.63351.79

Source: World Bank - Latest available data.

 
 

Main Sectors of Industry

Breakdown of Economic Activity By Sector Agriculture Industry Services
Employment By Sector (in % of Total Employment) 4.7 32.1 63.2
Value Added (in % of GDP) 3.5 25.2 55.8
Value Added (Annual % Change) -6.8 -5.6 -4.8

Source: World Bank - Latest available data.

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Latest Update: November 2022