Hungary Hungary GDP - Gross Domestic Product

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GDP Hungary 2023

Hungarians GDP shrinks compared to previous year

Gross Domestic Product of Hungary fell -0.9% in 2023 compared to last year. This rate is 55 -tenths of one percent less than the previous year, when changed 4.6%.

The GDP figure in 2023 was €196,527$180,013 million, Hungary is number 56 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Hungary rose €27,662$2,262 million with respect to 2022.

The GDP per capita of Hungary in 2023 was €20,490$18,579, €3,050$153 higher than in 2022, it was €17,440$18,732. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2013 when the GDP per capita in Hungary was €10,330$12,970.

If we order the countries according to their GDP per capita, Hungary is in 49th position of the 196 countries whose GDP we publish.

Here we show you the progression of the GDP in Hungary. You can see GDP in other countries in GDP and see all the economic information about Hungary in Hungary's economy.

Quarterly GDP at market prices 2023
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2023Q4€51,432M$53,284M0%0.5%
2023Q3€49,879M$54,167M0.8%-0.2%
2023Q2€49,673M$53,958M0%-2.1%
2023Q1€45,667M$48,911M-0.3%-1.1%
< GDP Hungary 2022
Quaterly GDP Per Capita 2023
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2023Q45,164K-0.4%17.6%$5,55223.8%-1.6%
2023Q35,186K0.4%17.6%$5,64427.1%0.4%
2023Q25,164K8.7%18.1%$5,62220.8%10.3%
2023Q14,750K8.1%7.6%$5,0962.9%13.7%
< GDP Hungary 2022
Evolution: Annual GDP Hungary
DateAnnual GDPAnnual GDPGDP Growth (%)
2023€196,527M-0.9%
2022€168,865M$180,013M4.6%
2021€153,963M$182,275M7.1%
2020€137,866M$157,227M-4.5%
2019€146,555M$164,011M4.9%
2018€136,055M$160,566M5.4%
2017€127,025M$143,112M4.3%
2016€116,256M$128,610M2.2%
2015€112,791M$125,174M3.7%
2014€106,264M$141,034M4.2%
2013€102,240M$135,684M1.8%
2012€100,248M$128,814M-1.3%
2011€102,152M$141,942M1.9%
2010€99,772M$132,175M1.1%
2009€94,606M$131,069M-6.6%
2008€108,345M$158,326M1.0%
2007€102,415M$140,187M0.3%
2006€92,127M$115,716M3.9%
2005€91,090M$113,211M4.3%
2004€83,883M$104,121M5.0%
2003€75,428M$85,285M4.1%
2002€71,756M$67,609M4.7%
2001€60,013M$53,750M4.1%
2000€51,239M$47,218M4.5%
1999€46,040M$49,073M3.1%
1998€43,409M$48,707M3.9%
1997€41,741M$47,297M3.1%
1996€36,758M$46,659M0.1%
1995€35,469M$46,426M-0.3%
1994€34,910M$43,167M5.9%
1993€32,973M$40,125M93.6%
1992€17,032M$38,731M-3.1%
1991€17,569M$34,754M-11.9%
1990$34,366M-3.5%
1989$30,323M0.7%
1988$29,703M-0.1%
1987$27,144M4.1%
1986$24,698M1.5%
1985$21,441M-0.3%
1984$21,174M2.7%
1983$21,839M0.7%
1982$24,064M2.8%
1981$23,629M2.9%
1980$23,042M0.2%
1979$19,136M1.5%
1978$16,574M4.6%
1977$14,174M6.7%
1976$12,690M3.5%
1975$10,949M6.2%
1974$9,603M5.9%
1973$8,761M6.9%
1972$7,075M6.1%
1971$6,032M6.2%
1970$5,543M
1969$5,206M
1968$4,685M
Evolution: GDP per capita Hungary
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2023€20,49017.5%
2022€17,440$18,57910.0%-0.8%
2021€15,860$18,73212.2%16.4%
2020€14,140$16,094-5.7%-4.1%
2019€15,000$16,7827.8%2.2%
2018€13,920$16,4217.2%12.4%
2017€12,980$14,6069.5%11.6%
2016€11,850$13,0833.4%3.0%
2015€11,460$12,7006.4%-11.1%
2014€10,770$14,2794.3%4.3%
2013€10,330$13,6932.2%5.6%
2012€10,110$12,970-1.3%-8.8%
2011€10,240$14,2142.6%7.7%
2010€9,980$13,1995.7%1.0%
2009€9,440$13,066-12.5%-17.1%
2008€10,790$15,7626.0%13.2%
2007€10,180$13,92711.3%21.3%
2006€9,150$11,4831.3%2.4%
2005€9,030$11,2118.8%8.9%
2004€8,300$10,29211.4%22.4%
2003€7,450$8,4095.5%26.6%
2002€7,060$6,64519.9%26.1%
2001€5,890$5,27017.3%14.1%
2000€5,020$4,61911.6%-3.5%
1999€4,500$4,7866.4%1.0%
1998€4,230$4,7384.2%3.2%
1997€4,060$4,59114.0%1.6%
1996€3,560$4,5213.8%0.7%
1995€3,430$4,4910.9%7.7%
1994€3,400$4,1716.3%7.7%
1993€3,200$3,871100.0%3.7%
1992€1,600$3,733-5.9%11.4%
1991€1,700$3,3501.1%
1990$3,31213.8%
1989$2,9102.5%
1988$2,8399.9%
1987$2,58310.4%
1986$2,33915.6%
1985$2,0231.7%
1984$1,990-2.8%
1983$2,046-9.1%
1982$2,2501.9%
1981$2,2072.6%
1980$2,15120.4%
1979$1,78715.4%
1978$1,54916.6%
1977$1,32811.2%
1976$1,19415.3%
1975$1,03613.3%
1974$9149.0%
1973$83923.5%
1972$67916.9%
1971$5818.5%
1970$5356.1%
1969$50410.6%
1968$456
Evolution: GDP growth rate at constant prices Hungary
Evolution: GDP per capita Hungary
GDP Hungary