GDP growth (annual %) (UNESCO Institute) in Hungary
Hungary: GDP growth (annual %) (UNESCO Institute) was 0.5% in 2024. ◆ Volatile
GDP growth in Hungary, 1970–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
Hungary recorded 0.5% for gdp growth in 2024.
The figure is up 160.8% on the previous year and down 88.2% over ten years.
Over the whole period, gdp growth in Hungary peaked at 7.6% in 1977 and was at its lowest, -11.9%, in 1991.
That places Hungary 184th out of 212 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth (annual %) (UNESCO Institute) in Hungary, year by year
| Year | annual % | Change |
|---|---|---|
| 1970 | 4.7% | — |
| 1971 | 6.2% | +31.9% |
| 1972 | 6.1% | -1.6% |
| 1973 | 6.9% | +13.1% |
| 1974 | 5.9% | -14.5% |
| 1975 | 6.2% | +5.1% |
| 1976 | 3.6% | -41.9% |
| 1977 | 7.6% | +111.1% |
| 1978 | 4.4% | -42.1% |
| 1979 | 2.7% | -38.6% |
| 1980 | 0.2% | -92.6% |
| 1981 | 2.9% | +1333.4% |
| 1982 | 2.8% | -0.9% |
| 1983 | 0.7% | -74.6% |
| 1984 | 2.7% | +267.7% |
| 1985 | -0.3% | -109.5% |
| 1986 | 1.5% | -706.5% |
| 1987 | 4.1% | +163.9% |
| 1988 | -0.1% | -101.6% |
| 1989 | 0.7% | -1228.4% |
| 1990 | -3.5% | -574.8% |
| 1991 | -11.9% | +240.1% |
| 1992 | -3.1% | -74.2% |
| 1993 | -0.6% | -81.2% |
| 1994 | 2.9% | -611.6% |
| 1995 | 1.5% | -49.5% |
| 1996 | 0.1% | -93.2% |
| 1997 | 3.0% | +2841.7% |
| 1998 | 3.8% | +29.2% |
| 1999 | 3.1% | -19.8% |
| 2000 | 4.4% | +42.9% |
| 2001 | 4.1% | -7.9% |
| 2002 | 4.7% | +16.4% |
| 2003 | 3.9% | -16.7% |
| 2004 | 5.0% | +26.0% |
| 2005 | 4.3% | -13.4% |
| 2006 | 3.9% | -8.5% |
| 2007 | 0.3% | -91.6% |
| 2008 | 1.0% | +198.9% |
| 2009 | -6.7% | -778.5% |
| 2010 | 1.1% | -115.8% |
| 2011 | 1.9% | +79.5% |
| 2012 | -1.3% | -169.9% |
| 2013 | 2.0% | -251.7% |
| 2014 | 4.3% | +113.3% |
| 2015 | 3.7% | -15.6% |
| 2016 | 2.4% | -33.4% |
| 2017 | 4.1% | +69.1% |
| 2018 | 5.6% | +35.9% |
| 2019 | 5.1% | -9.4% |
| 2020 | -4.3% | -185.5% |
| 2021 | 7.2% | -266.5% |
| 2022 | 4.3% | -40.9% |
| 2023 | -0.8% | -119.7% |
| 2024 | 0.5% | -160.8% |
Hungary compared with similar countries
- Hungary's 0.5% is below the median for high income countries, which is 2.3%, 23% of the median. (83 countries reporting)
- Hungary's 0.5% is below the median for Europe & Central Asia, which is 2.3%, 23% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) 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.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +2841.7% | 0.1% | 3.0% |
| 1981 | +1333.4% | 0.2% | 2.9% |
| 1989 | +1228.4% | -0.1% | 0.7% |
| 2009 | -778.5% | 1.0% | -6.7% |
| 1986 | +706.5% | -0.3% | 1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.4% | 2.7% | 7.6% | 10 |
| 1980s | 1.5% | -0.3% | 4.1% | 10 |
| 1990s | -0.5% | -11.9% | 3.8% | 10 |
| 2000s | 2.5% | -6.7% | 5.0% | 10 |
| 2010s | 2.9% | -1.3% | 5.6% | 10 |
| 2020s | 1.4% | -4.3% | 7.2% | 5 |
Countries ranked near Hungary
- 181 Micronesia (country) 0.7% compare
- 182 South Africa 0.6% compare
- 183 Iceland 0.5% compare
- 185 Moldova 0.1% compare
- 186 Japan 0.1% compare
- 187 New Zealand -0.1% compare
More population data for Hungary
- Population regions with projections, annual growth rate -0.2145 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -1.97 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.2145 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.3612 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 8,817 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.335 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.3021 % change on previous year (2100)
- Population growth rate -0.215 (2100)
- Population density 81.75 (2100)
- Projected population under age 5 324,096 (2100)
Frequently asked questions
- What is gdp growth in Hungary?
- Gdp growth in Hungary was 0.5% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Hungary?
- The highest recorded value was 7.6% in 1977.
- What is the lowest gdp growth recorded in Hungary?
- The lowest recorded value was -11.9% in 1991.
- How does Hungary rank for gdp growth?
- Hungary ranks 184th out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Hungary?
- Over the last ten years it is down 88.2%. 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 growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release