GDP (current US$) (UNESCO Institute) in Hungary

Hungary: GDP (current US$) (UNESCO Institute) was 222.91 billion current US$ in 2024. ◆ Volatile

Latest (2024)
222.91 billion current US$
Change on year
up 4.2%
World rank
55th
of 211 countries
All-time high
222.91 billion current US$
in 2024
All-time low
5.78 billion current US$
in 1970
Years of data
55
1970–2024

GDP in Hungary, 1970–2024

050.0B100.0B150.0B200.0B197019972024

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

In 2024, gdp in Hungary stood at 222.91 billion current US$. That is the highest value across all 55 years on record.

That represents a change of up 4.2% on the previous year and up 57.9% over ten years.

Over the whole period, gdp in Hungary peaked at 222.91 billion current US$ in 2024 and was at its lowest, 5.78 billion current US$, in 1970.

Hungary ranks 55th of 211 countries on this measure, in the middle of the range.

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

GDP (current US$) (UNESCO Institute) in Hungary, year by year

Annual values for GDP (current US$) in Hungary, 1970 to 2024.
Year current US$ Change
1970 5.78 billion current US$ —
1971 6.29 billion current US$ +8.8%
1972 7.38 billion current US$ +17.3%
1973 9.14 billion current US$ +23.8%
1974 10.02 billion current US$ +9.6%
1975 11.42 billion current US$ +14.0%
1976 13.24 billion current US$ +15.9%
1977 14.78 billion current US$ +11.7%
1978 17.29 billion current US$ +16.9%
1979 19.96 billion current US$ +15.5%
1980 23.12 billion current US$ +15.8%
1981 23.71 billion current US$ +2.5%
1982 24.14 billion current US$ +1.8%
1983 21.91 billion current US$ -9.2%
1984 21.24 billion current US$ -3.0%
1985 21.51 billion current US$ +1.3%
1986 24.78 billion current US$ +15.2%
1987 27.23 billion current US$ +9.9%
1988 29.80 billion current US$ +9.4%
1989 30.42 billion current US$ +2.1%
1990 34.48 billion current US$ +13.3%
1991 34.87 billion current US$ +1.1%
1992 38.86 billion current US$ +11.4%
1993 40.26 billion current US$ +3.6%
1994 43.31 billion current US$ +7.6%
1995 46.58 billion current US$ +7.5%
1996 46.83 billion current US$ +0.6%
1997 47.40 billion current US$ +1.2%
1998 48.78 billion current US$ +2.9%
1999 49.16 billion current US$ +0.8%
2000 47.28 billion current US$ -3.8%
2001 53.80 billion current US$ +13.8%
2002 67.64 billion current US$ +25.7%
2003 85.19 billion current US$ +26.0%
2004 104.02 billion current US$ +22.1%
2005 113.10 billion current US$ +8.7%
2006 115.60 billion current US$ +2.2%
2007 140.12 billion current US$ +21.2%
2008 158.23 billion current US$ +12.9%
2009 130.81 billion current US$ -17.3%
2010 131.90 billion current US$ +0.8%
2011 141.71 billion current US$ +7.4%
2012 128.47 billion current US$ -9.3%
2013 135.65 billion current US$ +5.6%
2014 141.13 billion current US$ +4.0%
2015 125.24 billion current US$ -11.3%
2016 128.98 billion current US$ +3.0%
2017 143.34 billion current US$ +11.1%
2018 161.19 billion current US$ +12.5%
2019 164.94 billion current US$ +2.3%
2020 158.47 billion current US$ -3.9%
2021 183.28 billion current US$ +15.7%
2022 177.54 billion current US$ -3.1%
2023 214.02 billion current US$ +20.6%
2024 222.91 billion current US$ +4.2%

Hungary compared with similar countries

  • Hungary's 222.91 billion current US$ is above the median for high income countries, which is 92.86 billion current US$, 2.4× the median. (82 countries reporting)
  • Hungary's 222.91 billion current US$ is above the median for Europe & Central Asia, which is 93.20 billion current US$, 2.4× the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 11.53 billion current US$ 5.78 billion current US$ 19.96 billion current US$ 10
1980s 24.79 billion current US$ 21.24 billion current US$ 30.42 billion current US$ 10
1990s 43.05 billion current US$ 34.48 billion current US$ 49.16 billion current US$ 10
2000s 101.58 billion current US$ 47.28 billion current US$ 158.23 billion current US$ 10
2010s 140.25 billion current US$ 125.24 billion current US$ 164.94 billion current US$ 10
2020s 191.24 billion current US$ 158.47 billion current US$ 222.91 billion current US$ 5

Countries ranked near Hungary

  1. 52 Algeria 263.62 billion current US$ compare
  2. 53 New Zealand 260.24 billion current US$ compare
  3. 54 Greece 257.14 billion current US$ compare
  4. 56 Qatar 217.98 billion current US$ compare
  5. 57 Ukraine 190.74 billion current US$ compare
  6. 58 Nigeria 187.76 billion current US$ compare

See the full ranking of 211 places →

More population data for Hungary

All data for Hungary →

Frequently asked questions

What is gdp in Hungary?
Gdp in Hungary was 222.91 billion current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Hungary?
The highest recorded value was 222.91 billion current US$ in 2024.
What is the lowest gdp recorded in Hungary?
The lowest recorded value was 5.78 billion current US$ in 1970.
How does Hungary rank for gdp?
Hungary ranks 55th out of 211 countries with data for 2024.
Is gdp rising or falling in Hungary?
Over the last ten years it is up 57.9%. The long-run trend across the full record is volatile.
Where does this Hungary data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (current US$). Statizoid updates them automatically from the source API.

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GDP in Hungary. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-current-us-2/hungary/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release