GDP (current US$), annual growth rate in Hungary

Hungary: GDP (current US$), annual growth rate was 4.15 % change on previous year in 2024. ◆ Volatile

Latest (2024)
4.15 % change on previous year
Change on year
down 79.8%
World rank
140th
of 211 countries
All-time high
25.95 % change on previous year
in 2003
All-time low
-17.33 % change on previous year
in 2009
Years of data
54
1971–2024

GDP (current US$), annual growth rate in Hungary, 1971–2024

-20-100102030197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Hungary recorded 4.15 % change on previous year for gdp (current us$), annual growth rate in 2024.

That represents a change of down 79.8% on the previous year and up 2.7% over ten years.

Over the whole period, gdp (current us$), annual growth rate in Hungary peaked at 25.95 % change on previous year in 2003 and was at its lowest, -17.33 % change on previous year, in 2009.

That places Hungary 140th out of 211 countries with data for 2024, putting it 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$), annual growth rate in Hungary, year by year

Annual values for GDP (current US$), annual growth rate in Hungary, 1971 to 2024.
Year % change on previous year Change
1971 8.83 % change on previous year
1972 17.29 % change on previous year +95.7%
1973 23.84 % change on previous year +37.9%
1974 9.61 % change on previous year -59.7%
1975 14.02 % change on previous year +45.9%
1976 15.89 % change on previous year +13.4%
1977 11.7 % change on previous year -26.4%
1978 16.93 % change on previous year +44.8%
1979 15.46 % change on previous year -8.7%
1980 15.82 % change on previous year +2.3%
1981 2.55 % change on previous year -83.9%
1982 1.84 % change on previous year -27.8%
1983 -9.24 % change on previous year -602.8%
1984 -3.05 % change on previous year -67.0%
1985 1.26 % change on previous year -141.4%
1986 15.19 % change on previous year +1104.5%
1987 9.9 % change on previous year -34.8%
1988 9.43 % change on previous year -4.8%
1989 2.09 % change on previous year -77.8%
1990 13.33 % change on previous year +538.0%
1991 1.13 % change on previous year -91.5%
1992 11.44 % change on previous year +914.5%
1993 3.6 % change on previous year -68.5%
1994 7.58 % change on previous year +110.6%
1995 7.55 % change on previous year -0.4%
1996 0.5501 % change on previous year -92.7%
1997 1.21 % change on previous year +119.2%
1998 2.92 % change on previous year +142.4%
1999 0.7703 % change on previous year -73.7%
2000 -3.83 % change on previous year -597.6%
2001 13.8 % change on previous year -460.1%
2002 25.72 % change on previous year +86.4%
2003 25.95 % change on previous year +0.9%
2004 22.1 % change on previous year -14.9%
2005 8.73 % change on previous year -60.5%
2006 2.22 % change on previous year -74.6%
2007 21.21 % change on previous year +857.2%
2008 12.92 % change on previous year -39.1%
2009 -17.33 % change on previous year -234.1%
2010 0.8348 % change on previous year -104.8%
2011 7.44 % change on previous year +791.3%
2012 -9.34 % change on previous year -225.6%
2013 5.59 % change on previous year -159.8%
2014 4.04 % change on previous year -27.6%
2015 -11.26 % change on previous year -378.5%
2016 2.99 % change on previous year -126.5%
2017 11.13 % change on previous year +272.6%
2018 12.45 % change on previous year +11.9%
2019 2.33 % change on previous year -81.3%
2020 -3.92 % change on previous year -268.5%
2021 15.66 % change on previous year -499.3%
2022 -3.14 % change on previous year -120.0%
2023 20.55 % change on previous year -755.5%
2024 4.15 % change on previous year -79.8%

Hungary compared with similar countries

  • Hungary's 4.15 % change on previous year is below the median for high income countries, which is 5.39 % change on previous year, 77% of the median. (82 countries reporting)
  • Hungary's 4.15 % change on previous year is below the median for Europe & Central Asia, which is 5.96 % change on previous year, 70% of the median. (55 countries reporting)

Biggest year-on-year movements

Years where GDP (current US$), annual growth rate in Hungary changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1986 +1104.5% 1.26 % change on previous year 15.19 % change on previous year
1992 +914.5% 1.13 % change on previous year 11.44 % change on previous year
2007 +857.2% 2.22 % change on previous year 21.21 % change on previous year
2011 +791.3% 0.8348 % change on previous year 7.44 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 14.84 % change on previous year 8.83 % change on previous year 23.84 % change on previous year 9
1980s 4.58 % change on previous year -9.24 % change on previous year 15.82 % change on previous year 10
1990s 5.01 % change on previous year 0.5501 % change on previous year 13.33 % change on previous year 10
2000s 11.15 % change on previous year -17.33 % change on previous year 25.95 % change on previous year 10
2010s 2.62 % change on previous year -11.26 % change on previous year 12.45 % change on previous year 10
2020s 6.66 % change on previous year -3.92 % change on previous year 20.55 % change on previous year 5

Countries ranked near Hungary

  1. 137 Bhutan 4.18 % change on previous year compare
  2. 138 Laos 4.16 % change on previous year compare
  3. 139 Cameroon 4.15 % change on previous year compare
  4. 141 Gabon 4.05 % change on previous year compare
  5. 142 Iraq 4 % change on previous year compare
  6. 143 Uruguay 3.81 % change on previous year compare

See the full ranking of 211 places →

More population data for Hungary

All data for Hungary →

Frequently asked questions

What is gdp (current us$), annual growth rate in Hungary?
Gdp (current us$), annual growth rate in Hungary was 4.15 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current us$), annual growth rate recorded in Hungary?
The highest recorded value was 25.95 % change on previous year in 2003.
What is the lowest gdp (current us$), annual growth rate recorded in Hungary?
The lowest recorded value was -17.33 % change on previous year in 2009.
How does Hungary rank for gdp (current us$), annual growth rate?
Hungary ranks 140th out of 211 countries with data for 2024.
Is gdp (current us$), annual growth rate rising or falling in Hungary?
Over the last ten years it is up 2.7%. The long-run trend across the full record is volatile.
Where does this Hungary data come from?
The figures come from Statizoid (derived), published as part of GDP (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (current US$), annual growth rate in Hungary. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-us-annual-growth-rate-2/hungary/

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How this figure is calculated

The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,102 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.