Hungary Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Hungary's gross savings was 22.94% in 2025, ranked 74th globally. This represents a 8.6% decrease from 2024. Data from World Bank, covering 1980–2025.
Overview
Hungary's gross savings stood at 22.94% in 2025, a decline of +2.15% from 2024. The IMF projects 22.94% by 2025. Hungary ranked 74th globally.
Hungary's Gross Savings rate has experienced significant fluctuations over the past four decades. The country's highest savings rate was recorded in 2019, at 27.93%, while the lowest was in 1993, at 12.17%. Since then, Hungary's Gross Savings rate has steadily increased, reaching 22.94% in 2025, ranking 74th globally. For comparison, Albania, a peer country, shares a similar Gross Savings rate of 22.94% in 2025. Hungary's Gross Savings rate has been on a relatively stable upward trajectory since the early 2000s, with a brief dip during the 2008 global financial crisis. The country's economic growth, driven by its strategic location in Central Europe and its integration into the European Union, has contributed to this trend. If Hungary continues to maintain its economic stability and attracts foreign investment, it is likely that the Gross Savings rate will remain stable, potentially even increasing as the country continues to develop its infrastructure and diversify its economy.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 22.49% | - | - |
| 2029* IMF | 22.33% | - | - |
| 2028* IMF | 22.25% | - | - |
| 2027* IMF | 22.08% | - | - |
| 2026* IMF | 21.85% | - | - |
| 2025* IMF | 22.94% | - | - |
| 2025 | 22.94% | −2.15% | #74 |
| 2024 | 25.10% | −1.12% | #68 |
| 2023 | 26.09% | +0.04% | #67 |
| 2022 | 25.37% | −1.46% | #71 |
| 2021 | 26.60% | −0.12% | #70 |
| 2020 | 26.48% | −1.58% | #56 |
| 2019 | 27.93% | +0.59% | #60 |
| 2018 | 27.10% | +2.05% | #61 |
| 2017 | 24.88% | −1.52% | #73 |
| 2016 | 26.25% | +0.22% | #51 |
| 2015 | 25.68% | +0.40% | #60 |
| 2014 | 25.01% | +0.03% | #65 |
| 2013 | 24.82% | +3.35% | #67 |
| 2012 | 21.36% | −0.09% | #84 |
| 2011 | 21.34% | +0.34% | #89 |
Detected Pattern
Analysis
Hungary matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Hungary's gross savings was 22.94% in 2025. Ranked 74th globally. This represents a 8.6% decrease from the previous year.
Hungary's gross savings peaked at 27.93% in 2019.
The lowest gross savings in Hungary was 12.17% in 1993.
Hungary ranks 74th globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Hungary's gross savings is projected to reach 22.94% by 2025 based on IMF projection.
The gross savings of Hungary in 2025 was 22.94%. This ranks 74th in the world.
Cite this page
@misc{historysaid_hungary_gross-savings,
title = {Hungary Gross Savings},
url = {https://historysaid.com/hungary/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}