Hungary Hungary GDP - Gross Domestic Product

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GDP Hungary 2020

Hungarians GDP shrinks compared to previous year

Gross Domestic Product of Hungary fell -5% in 2020 compared to last year. This rate is 96 -tenths of one percent less than the previous year, when changed 4.6%.

The GDP figure in 2020 was €135,925$154,562 million, Hungary is number 58 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Hungary dropped €10,168$8,897 million with respect to 2019.

The GDP per capita of Hungary in 2020 was €13,940$15,821, €1,010$905 less than in 2019, when it was €14,950$16,726. 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 2010 when the GDP per capita in Hungary was €9,960$13,173.

If we order the countries according to their GDP per capita, Hungary is in 56th 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 2020
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2020Q434,758M.€29,137M.$1.4%-4.1%
2020Q333,927M.€28,891M.$11.0%-4.8%
2020Q230,793M.€28,056M.$-14.5%-13.4%
2020Q136,129M.€32,252M.$-0.4%2.0%
< GDP Hungary 2019
Quaterly GDP Per Capita 2020
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2020Q43,558€2.5%-5.5%2,982$-11.1%0.9%
2020Q33,473€10.2%-7.2%2,957$-10.9%3.0%
2020Q23,152€-14.8%-15.5%2,872$-10.8%-13.0%
2020Q13,698€-1.8%-0.4%3,301$4.1%-1.6%
< GDP Hungary 2019
Evolution: Annual GDP Hungary
DateAnnual GDPAnnual GDPGDP Growth (%)
2020135,925M.€154,562M.$-5.0%
2019146,093M.€163,459M.$4.6%
2018135,931M.€160,419M.$5.4%
2017126,891M.€142,962M.$4.3%
2016116,130M.€128,471M.$2.1%
2015112,701M.€125,074M.$3.8%
2014106,061M.€140,765M.$4.2%
2013102,034M.€135,412M.$1.9%
201299,984M.€128,475M.$-1.4%
2011102,021M.€141,760M.$1.9%
201099,576M.€131,917M.$1.1%
200994,383M.€130,760M.$-6.7%
2008108,216M.€158,136M.$1.1%
2007102,253M.€139,966M.$0.2%
200692,017M.€115,577M.$4.0%
200590,905M.€112,981M.$4.2%
200483,754M.€103,960M.$4.8%
200375,443M.€85,302M.$4.1%
200271,756M.€67,609M.$4.7%
200160,013M.€53,750M.$4.1%
200051,239M.€47,218M.$4.5%
199946,040M.€49,073M.$3.1%
199843,409M.€48,707M.$3.9%
199741,741M.€47,297M.$3.1%
199636,758M.€46,659M.$0.1%
199535,469M.€46,426M.$-0.3%
199434,910M.€43,167M.$5.9%
199332,973M.€40,125M.$93.6%
199217,032M.€38,731M.$-3.1%
199117,569M.€34,754M.$-11.9%
199034,366M.$-3.5%
198930,323M.$0.7%
198829,703M.$-0.1%
198727,144M.$4.1%
198624,698M.$1.5%
198521,441M.$-0.3%
198421,174M.$2.7%
198321,839M.$0.7%
198224,064M.$2.8%
198123,629M.$2.9%
198023,042M.$0.2%
197919,136M.$1.5%
197816,574M.$4.6%
197714,174M.$6.7%
197612,690M.$3.5%
197510,949M.$6.2%
19749,603M.$5.9%
19738,761M.$6.9%
19727,075M.$6.1%
19716,032M.$6.2%
19705,543M.$
19695,206M.$
19684,685M.$
Evolution: GDP per capita Hungary
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
202013,940€15,821$-6.8%-5.4%
201914,950€16,726$7.5%2.0%
201813,910€16,406$7.3%12.4%
201712,960€14,591$9.6%11.6%
201611,830€13,069$3.3%3.0%
201511,450€12,690$6.5%-11.0%
201410,750€14,252$4.3%4.3%
201310,310€13,666$2.3%5.6%
201210,080€12,936$-1.5%-8.9%
201110,230€14,196$2.7%7.8%
20109,960€13,173$5.7%1.1%
20099,420€13,036$-12.6%-17.2%
200810,780€15,743$6.0%13.2%
200710,170€13,905$11.3%21.2%
20069,140€11,469$1.4%2.5%
20059,010€11,188$8.7%8.9%
20048,290€10,276$11.3%22.2%
20037,450€8,411$5.5%26.6%
20027,060€6,645$19.9%26.1%
20015,890€5,270$17.3%14.1%
20005,020€4,619$11.6%-3.5%
19994,500€4,786$6.4%1.0%
19984,230€4,738$4.2%3.2%
19974,060€4,591$14.0%1.6%
19963,560€4,521$3.8%0.7%
19953,430€4,491$0.9%7.7%
19943,400€4,171$6.3%7.7%
19933,200€3,871$100.0%3.7%
19921,600€3,733$-5.9%11.4%
19911,700€3,350$1.1%
19903,312$13.8%
19892,910$2.5%
19882,839$9.9%
19872,583$10.4%
19862,339$15.6%
19852,023$1.7%
19841,990$-2.8%
19832,046$-9.1%
19822,250$1.9%
19812,207$2.6%
19802,151$20.4%
19791,787$15.4%
19781,549$16.6%
19771,328$11.2%
19761,194$15.3%
19751,036$13.3%
1974914$9.0%
1973839$23.5%
1972679$16.9%
1971581$8.5%
1970535$6.1%
1969504$10.6%
1968456$
Evolution: GDP growth rate at constant prices Hungary
Evolution: GDP per capita Hungary
GDP Hungary