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General profile: Hungary

GENERAL INFORMATION FOR 2022
Exchange rate
Population
Population
Exchange rates
GDP
GDP
9.967 Millions
372.596 HUF/US$
166 661 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 91 260 km²
14.53 %
4.59 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+6.8 %
Merchandise exports growth rate in 2022
Total merchandise trade
(millions of US$)
2005
2010
2015
2022
Merchandise exports
62 936
95 483
98 524
151 540
Merchandise imports
66 552
88 178
91 973
164 294
Merchandise trade balance
-3 616
7 305
6 551
-12 754
Export structure by product group in 2022
(as % of total exports)
2 %2 %85 %85 %4 %4 %9 %9 %
Top 5 partners in 2022
(exports, millions of US$)
36 3828 4008 3107 0176 35736 3828 4008 3107 0176 357
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2022
Services exports
(e) 13 124
19 654
22 508
30 740
Services imports
(e) 11 762
16 045
17 068
22 280
Services trade balance
(e) 1 362
3 609
5 441
8 461
Services exports by main category²
(as % of total services)
2005
2010
2015
2022
Transport
16.6
19.9
24.0
28.4
Travel
33.8
29.2
23.7
18.2
Other services
39.6
44.5
42.5
45.3
TRADE INDICES
More data on UNCTADstat
120116117113111105100959189908473858372635749464238104106102102102101100999997979795929393969898979798
ECONOMIC TRENDS
More data on UNCTADstat
+4.6 %
Gross domestic product growth rate in 2022
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
GDP, current
113 211
132 175
125 174
166 661
GDP per capita, current US$
11 238
13 235
12 715
16 721
Real GDP growth, y-on-y, %
4.29
1.08
3.71
4.59
Current account balance, % of GDP
-9.88
0.26
2.34
-8.55
Exchange rate (/US$)
199.583
207.944
279.333
372.596
GDP by expenditure in 2021
(as % of total GDP)
48.320.930.581.581.248.320.930.581.581.2
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+2.5 %
FDI outflows as % of GDP in 2022
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
FDI inflows
7 708.96
2 352.82
-14 537.43
8 571.47
FDI outflows
2 243.95
1 233.43
-16 109.69
4 241.18
Personal remittances, % of GDP
0.65
1.40
3.16
2.15
Financial flows trends
(millions of US$)
3 589.33 799.03 951.54 892.54 404.84 123.74 171.23 953.94 202.94 159.63 147.82 305.01 849.91 575.21 312.2976.0858.7731.5632.6467.0443.6364.3363.28 5717 5597 0474 2566 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
2022
Balance, % of GDP
(e) -1.06
5.26
7.94
-4.35
Balance, % of imports
(e) -1.60
6.93
9.98
-4.29
Normalized balance
(e) -0.008
0.034
0.048
-0.022
Trade openness²
(sum of imports and exports as % of GDP)
198160156161163165164167168164165166157146159155148131
LIVING AREA
Population by living area in 2022
(% 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 2022
Maritime transport indicators
 
2005
2010
2015
2022
Merchant fleet, national flag (thousands of DWT)
..
..
..
0
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
..
..
..
Container port throughput (TEU)
..
..
..
..
Information economy indicators
(as % of)
2005
2010
2015
2022
Share of ICT goods, % of total exports
25.60
25.59
11.62
10.33
Share of ICT goods, % of total imports
18.75
21.20
12.58
10.01
Share of workforce involved in the ICT sector
..
(r) 6.17
5.68
..
Source: UNCTADstat (http://unctadstat.unctad.org)
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).
e
Estimated.
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
..
Not available or not separately reported
_
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 UNCTADstat 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 UNCTADstat.
Generation date: 21 December 2023