Hungary GDP Growth
Annual percentage growth rate of GDP NY.GDP.MKTP.KD.ZG
Hungary's gdp growth was 0.60% in 2025, ranked 175th globally. This represents a 6.2% increase from 2024. Data from World Bank, covering 1961–2025.
Overview
Hungary's gdp growth stood at 0.60% in 2025, a rise of +0.03pp from 2024. The IMF projects 0.60% by 2025. Hungary ranked 175th globally.
Hungary's GDP growth has exhibited significant fluctuations over the past 65 years, with the country experiencing a notable peak in 1965 when its GDP growth rate reached 42.41%. This was a period of rapid industrialization and economic expansion in the Eastern Bloc, during which Hungary's economy was heavily influenced by its socialist government. In stark contrast, the country's GDP growth rate plummeted to -11.89% in 1991, following the collapse of communism and the subsequent economic transition. Today, Hungary's GDP growth rate stands at 0.59%, ranking it 175th globally. Its growth rate is comparable to that of peer countries such as Bolivia, which also recorded a growth rate of 0.60% in 2025. A sustained increase in foreign investment and a favorable business environment could potentially boost Hungary's GDP growth rate and help it catch up with its European peers.
Data & projection
| Year | GDP Growth | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 2.55% | - | - |
| 2029* IMF | 2.50% | - | - |
| 2028* IMF | 2.36% | - | - |
| 2027* IMF | 2.25% | - | - |
| 2026* IMF | 2.10% | - | - |
| 2025* IMF | 0.60% | - | - |
| 2025 | 0.60% | +0.03pp | #175 |
| 2024 | 0.56% | +1.40pp | #174 |
| 2023 | -0.82% | −5.09pp | #189 |
| 2022 | 4.15% | −3.07pp | #110 |
| 2021 | 7.22% | +11.56pp | #60 |
| 2020 | -4.34% | −9.42pp | #114 |
| 2019 | 5.08% | −0.53pp | #47 |
| 2018 | 5.61% | +1.48pp | #39 |
| 2017 | 4.12% | +1.69pp | #75 |
| 2016 | 2.44% | −1.22pp | #131 |
| 2015 | 3.66% | −0.67pp | #83 |
| 2014 | 4.33% | +2.30pp | #70 |
| 2013 | 2.03% | +3.37pp | #139 |
| 2012 | -1.34% | −3.26pp | #186 |
| 2011 | 1.92% | +0.85pp | #149 |
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 growth improve within 24 months. View full analysis →
Frequently Asked Questions
Hungary's gdp growth was 0.60% in 2025. Ranked 175th globally. This represents a 6.2% increase from the previous year.
Hungary's gdp growth peaked at 42.41% in 1965.
The lowest gdp growth in Hungary was -11.89% in 1991.
Hungary ranks 175th globally in gdp growth as of 2025.
The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.
Hungary's gdp growth is projected to reach 0.60% by 2025 based on IMF projection.
The gdp growth of Hungary in 2025 was 0.60%. This ranks 175th in the world.
Cite this page
@misc{historysaid_hungary_gdp-growth,
title = {Hungary GDP Growth},
url = {https://historysaid.com/hungary/gdp-growth/},
publisher = {HistorySaid},
year = {2026}
}