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General profile: Hungary

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
9.686 Millions
..
211 784 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 91 260 km²
17.14 %
-1.26 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+6.0 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
62 936
95 483
98 524
160 720
Merchandise imports
66 552
88 178
91 973
155 879
Merchandise trade balance
-3 616
7 305
6 551
4 840
Export structure by product group in 2023
(as % of total exports)
5 %5 %87 %87 %9 %9 %
Top 5 partners in 2023
(exports, millions of US$)
40 9869 0858 5358 0957 29940 9869 0858 5358 0957 299
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
13 124
19 654
22 508
36 101
Services imports
11 762
16 045
17 068
25 473
Services trade balance
1 362
3 609
5 441
10 628
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
16.6
19.9
24.0
25.8
Travel
33.8
29.2
23.7
22.0
Other services
39.6
44.5
42.5
43.1
TRADE INDICES
More data on UNCTADstat
12411611811611711311110510095918990847385837210499104106102102102101100999997979795929393
ECONOMIC TRENDS
More data on UNCTADstat
-1.3 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
113 211
132 175
125 174
211 784
GDP per capita, current US$
11 247
13 245
12 722
21 864
Real GDP growth, y-on-y, %
4.29
1.08
3.71
-1.26
Current account balance, % of GDP
-9.88
0.26
2.34
0.27
Exchange rate (/US$)
199.583
207.944
279.333
..
GDP by expenditure in 2022
(as % of total GDP)
50.020.633.891.295.550.020.633.891.295.5
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+1.6 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
7 708.96
2 352.82
-14 537.43
6 016.40
FDI outflows
2 243.95
1 233.43
-16 109.69
3 298.62
Personal remittances, % of GDP
0.65
1.40
3.16
..
Financial flows trends
(millions of US$)
3 589.33 799.03 951.54 892.54 404.84 123.74 171.23 953.94 202.94 159.63 147.82 305.01 849.91 575.21 312.2976.0858.7731.5632.6467.0443.6364.3363.26 0169 3208 0416 8424 1436 4603 515-5 439-14 5377 9683 58514 6066 5372 3532 1726 4103 9516 8187 7094 2662 1372 9943 9362 764FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
-1.05
5.26
7.95
5.13
Balance, % of imports
-1.59
6.93
9.98
6.72
Normalized balance
-0.008
0.033
0.048
0.033
Trade openness²
(sum of imports and exports as % of GDP)
158184160155161163165164167168164165166157145158155149131
LIVING AREA
Population by living area in 2023
(% of population)
Urban 73%Urban 73%Rural 27%Rural 27%
OTHER INDICATORS
More data on UNCTADstat
0 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
..
..
..
0
Container port throughput (TEU)
..
..
..
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
25.60
25.59
11.62
..
Share of ICT goods, % of total imports
18.75
21.20
12.58
..
Share of workforce involved in the ICT sector
..
(r) 6.17
5.68
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
q
Estimated. Data refers to 2020.
r
Number of persons employed in full time equivalent units.Total business economy includes repair of computers, personal and household goods; except financial and insurance activities.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024