GDP growth in Hungary

Hungary: GDP growth was 0.5% in 2024. β—† Volatile

Latest (2024)
0.5%
Change on year
up 160.8%
World rank
181st
of 209 countries
All-time high
7.6%
in 1977
All-time low
-11.9%
in 1991
Years of data
55
1970–2024

GDP growth in Hungary, 1970–2024

-10-50510197019972024

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 181st out of 209 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 178 Italy 0.7% compare
  2. 179 Micronesia (country) 0.7% compare
  3. 180 Iceland 0.5% compare
  4. 182 Moldova 0.1% compare
  5. 183 Japan 0.1% compare
  6. 184 New Zealand -0.1% compare

See the full ranking of 212 places β†’

More population data for Hungary

All data for Hungary β†’

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 181st out of 209 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.

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CSV Β· JSON β€” 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

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GDP growth in Hungary. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/hungary/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release