Country comparison Hungary vs North Macedonia

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Gouvernement
GDP Growth (%) [+]20240.6%chart3.0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,798Kchart2,369K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€206,040Mchart€15,672M2024Annual GDP [+]
Annual GDP [+]2024$222,723Mchart$16,679M2024Annual GDP [+]
GDP per capita [+]2024€21,550chart€8,5902024GDP per capita [+]
GDP per capita [+]2024$23,272chart$9,1692024GDP per capita [+]
Quarterly GDP [+]2025Q3€55,314Mchart€4,318M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]2024145,567chart8,4522024Debt (M.€.) [+]
Debt ($M) [+]2024163,845chart9,1462024Debt ($M) [+]
Debt (%GDP) [+]202473.50%chart54.83%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€15,259chart€4,6372024Debt Per Capita [+]
Debt Per Capita [+]2024$17,175chart$5,0182024Debt Per Capita [+]
Deficit (M.€) [+]2024-10,346chart-6852024Deficit (M.€) [+]
Deficit ($M) [+]2024-10,964chart-7422024Deficit ($M) [+]
Deficit (%GDP) [+]2024-5.00%chart-4.45%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202497,136.6chart5,661.12024Expenditure (M.€) [+]
Expenditure ($M) [+]2024104,548.4chart6,125.62024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20226,426.0chart139.92002Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20226,748.5chart132.62002Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20227.80%chart8.64%2002Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20249,810,578,641.7chart623.62023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202310,000.2chart674.32023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.51%chart12.05%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20244,442.9chart329.72024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20244,802.6chart350.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20244.43%chart5.55%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202447.10%chart36.73%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€10,183chart€3,1062024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,960chart$3,3612024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€669chart€692002Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$707chart$652002Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€1,024chart€3402023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$1,042chart$3682023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€465chart€1812024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$502chart$1932024Defence Expenditure P.C. [+]
Moody's Rating [+]11/29/2024Baa2
S&P Rating [+]04/11/2025BBB-BB-05/24/2013S&P Rating [+]
Fitch Rating [+]02/14/2020BBBBB+05/15/2020Fitch Rating [+]
Corruption Index [+]202342chart422023Corruption Index [+]
Competitiveness Ranking [+]201947ºchart82º2019Competitiveness Ranking [+]
Fragile States Index [+]202446.2chart58.12024Fragile States Index [+]
RTI Raking [+]202476ºchart26º2024RTI Raking [+]
Innovation Ranking [+]202436ºchart58º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20254.4%chart11.2%November 2025Unemployment Rate [+]
Unemployment rate [+]2025Q34.5%chart11.5%2025Q3Unemployment rate [+]
Unemployed [+]2025Q3222Kchart92K2025Q3Unemployed [+]
NMW [+]2025$1,039.3chart$388.92023NMW [+]
NMW [+]2025€720.5chart€541.02025NMW [+]
Average Wage [+]2024$22,597
Average Wage [+]2024€20,877
Human Capital Ranking [+]201739ºchart67º2017Human Capital Ranking [+]
Markets
Euro / Hungarian forints [+]01/12/2026386.8500
US Dollar exchange rate [+]01/18/2019279.8000
Stock ExchangeYTD % [+]12/30/20260%chart0.65%01/12/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]November 20253.8%
HICP [+]November 20253.7%chart3.6%November 2025HICP [+]
PPI Year on Year [+]November 2025-1.7%chart4.6%November 2025PPI Year on Year [+]
Money Market
Key rates [+]09/25/20246.50%
Business
Doing Business [+]202052ºchart17º2020Doing Business [+]
IPI Year on Year [+]October 2025-2.6%chart-2.8%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2024235,168chart4,060December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202214.12chart2.24December 2019Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2023507,225
Vehicles / 1,000 people [+]2021482.06chart205.562015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.2%
Standard VAT [+]01/01/201227.00%chart18.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202233.5%chart10.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]202212,649,000chart537,0002022Annual arrivals [+]
Exports [+]2024€147,157.4Mchart€7,783.5M2024Exports [+]
Exports [+]2024$159,280.2Mchart$8,424.7M2024Exports [+]
Exports % GDP [+]202471.42%chart49.67%2024Exports % GDP [+]
Imports [+]2024€138,416.5Mchart€11,065.7M2024Imports [+]
Imports [+]2024$149,819.3Mchart$11,977.3M2024Imports [+]
Imports % GDP [+]202467.18%chart70.61%2024Imports % GDP [+]
Trade balance [+]2024€8,740.9Mchart€-3,282.2M2024Trade balance [+]
Trade balance [+]2024$9,461.0Mchart$-3,552.6M2024Trade balance [+]
Trade balance % GDP [+]20244.24%chart-20.94%2024Trade balance % GDP [+]
Retail Sales YoY [+]November 20252.5%chart3.0%October 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201539º
Density [+]2024103chart712024Density [+]
Global Peace Ranking [+]202414ºchart38º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.80‰chart1.00‰2021Crude divorce rate [+]
Remittance received ($M) [+]20174,692.2chart314.02017Remittance received ($M) [+]
% Immigrant [+]20206.06%chart6.35%2020% Immigrant [+]
% Emigrant [+]20207.40%chart33.54%2020% Emigrant [+]
Birth Rate [+]20248.20‰chart8.80‰2024Birth Rate [+]
Remittance sent ($M) [+]20171,093.1chart128.22017Remittance sent ($M) [+]
Crude death rate [+]202413.40‰chart11.10‰2024Crude death rate [+]
Fertility Rate [+]20231.55chart1.492023Fertility Rate [+]
Crude marriage rate [+]20235.20‰chart6.80‰2021Crude marriage rate [+]
% risk of poverty [+]202414.3%chart22.2%2023% risk of poverty [+]
Population [+]20249,539,502chart1,822,6122024Population [+]
Immigrant stock [+]2020584,567chart131,3112020Immigrant stock [+]
Emigrant stock [+]2020714,420chart693,8962020Emigrant stock [+]
HDI [+]20220.851chart0.7652022HDI [+]
Gender Gap Ranking [+]2024101ºchart58º2024Gender Gap Ranking [+]
Life expectancy [+]202477.00chart75.322023Life expectancy [+]
Suicides [+]20231,593chart1222010Suicides [+]
Suicide rate [+]202316.60chart5.902010Suicide rate [+]
Number of homicides [+]202370chart282023Number of homicides [+]
Rate Homicides per 100.000 [+]20230.72chart1.532023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20234.61chart4.192023CO2 Tons per capita [+]
Annual crude oil production [+]202421
Crude Oil Reserves [+]202112.1
Consumption GWh [+]202342,289chart5,3642023Consumption GWh [+]
Generation GWh [+]202333,643chart6,2062023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/21/202549,124chart9,99112/21/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/21/20252,240,074chart352,09312/21/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]12/27/20226,207,249chart838,18105/07/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/21/20255,149.54chart5,481.6912/21/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/04/202216,701,238chart1,862,98705/07/2023Doses administered [+]
Hungary
North Macedonia