Hungary GDP Deflator
Inflation as measured by annual growth rate of GDP implicit deflator NY.GDP.DEFL.KD.ZG
Hungary's gdp deflator was 13.22% in 2025, ranked 27th globally. This represents a 74.5% increase from 2024. Data from World Bank, covering 1961–2025.
Overview
Hungary's gdp deflator stood at 13.22% in 2025, a rise of +5.64pp from 2024. Based on recent trends, this figure is projected to reach 13.22% by 2025. Hungary ranked 27th globally.
Hungary's GDP deflator has exhibited significant fluctuations over the past 65 years, with a notable all-time peak of 35.72% in 1991, a period marked by economic transition following the dissolution of the Soviet Union. Conversely, the economy experienced a severe contraction during the 1965 recession, when the deflator dipped to -30.19%. The country's economic performance has also been influenced by its geographical location, with Hungary's GDP deflator currently ranking #27 globally at 13.22%, closely mirroring the Kyrgyz Republic's 13.92% deflator. This value is lower than the all-time peak, but still higher than the all-time trough. Hungary's economic trajectory has been shaped by its regional context, with peer countries such as Russia's 12.88% deflator indicating potential future trends. A sustained improvement in Hungary's economic fundamentals, coupled with external factors such as European Union policies, could potentially alter the trajectory of its GDP deflator and drive it towards lower inflation rates.
Data & projection
| Year | GDP Deflator | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 15.46% | - | - |
| 2026* trend | 14.34% | - | - |
| 2025* trend | 13.22% | - | - |
| 2025 | 13.22% | +5.64pp | #27 |
| 2024 | 7.57% | −7.53pp | #156 |
| 2023 | 15.11% | +1.14pp | #180 |
| 2022 | 13.97% | +7.80pp | #159 |
| 2021 | 6.17% | −0.26pp | #129 |
| 2020 | 6.43% | +1.67pp | #174 |
| 2019 | 4.75% | −0.09pp | #168 |
| 2018 | 4.85% | +0.81pp | #151 |
| 2017 | 4.04% | +2.71pp | #126 |
| 2016 | 1.32% | −1.49pp | #81 |
| 2015 | 2.81% | −0.88pp | #119 |
| 2014 | 3.69% | +0.86pp | #139 |
| 2013 | 2.83% | −0.04pp | #124 |
| 2012 | 2.88% | +0.95pp | #82 |
| 2011 | 1.93% | −0.60pp | #52 |
Detected Pattern
Analysis
Hungary matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw gdp deflator improve within 24 months. View full analysis →
Frequently Asked Questions
Hungary's gdp deflator was 13.22% in 2025. Ranked 27th globally. This represents a 74.5% increase from the previous year.
Hungary's gdp deflator peaked at 35.72% in 1991.
The lowest gdp deflator in Hungary was -30.19% in 1965.
Hungary ranks 27th globally in gdp deflator as of 2025.
The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.
Hungary's gdp deflator is projected to reach 13.22% by 2025 based on trend extrapolation.
The gdp deflator of Hungary in 2025 was 13.22%. This ranks 27th in the world.
Cite this page
@misc{historysaid_hungary_gdp-deflator,
title = {Hungary GDP Deflator},
url = {https://historysaid.com/hungary/gdp-deflator/},
publisher = {HistorySaid},
year = {2026}
}