Hungary Remittances Received
Personal remittances received BX.TRF.PWKR.CD.DT
Hungary's remittances received was $5.8B in 2025, ranked 37th globally. This represents a 5.9% increase from 2024. Data from World Bank, covering 1995–2025.
Overview
Hungary's remittances received stood at $5.8B in 2025, a rise of +$324.8M from 2024. Based on recent trends, this figure is projected to reach $5.8B by 2025. Hungary ranked 37th globally.
Hungary's remittances received have demonstrated significant growth over the past three decades, from 139.94 million in 1995 to 5.81 billion in 2025, with the latter representing the highest recorded value. This increase reflects Hungary's evolving economic landscape and its integration into the global economy, particularly its accession to the European Union in 2004. Notably, Hungary's remittances in 2025 are close to those of Lebanon, which ranked 6th globally, yet surpass those of Sri Lanka, which ranked 38th. The surge in remittances has likely been driven by a combination of factors, including increased migration to developed countries, particularly in Western Europe. If the global economic environment were to deteriorate, such as in the event of a significant recession, Hungary's remittances could potentially decline, as migrant workers may face reduced employment opportunities, thereby altering the trajectory of this growth trend.
Data & projection
| Year | Remittances Received | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $6.7B | - | - |
| 2026* trend | $6.3B | - | - |
| 2025* trend | $5.8B | - | - |
| 2025 | $5.8B | +$324.8M | #37 |
| 2024 | $5.5B | +$343.5M | #148 |
| 2023 | $5.1B | +$1.2B | #150 |
| 2022 | $4.0B | +$209.8M | #144 |
| 2021 | $3.8B | −$155.5M | #141 |
| 2020 | $3.9B | −$960.3M | #149 |
| 2019 | $4.9B | +$475.1M | #153 |
| 2018 | $4.4B | +$282.0M | #150 |
| 2017 | $4.1B | −$40.1M | #149 |
| 2016 | $4.2B | +$225.8M | #149 |
| 2015 | $3.9B | −$257.1M | #148 |
| 2014 | $4.2B | +$72.2M | #150 |
| 2013 | $4.1B | +$999.5M | #146 |
| 2012 | $3.1B | +$828.6M | #144 |
| 2011 | $2.3B | +$508.6M | #137 |
Detected Pattern
Analysis
Hungary matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw remittances received improve within 24 months. View full analysis →
Frequently Asked Questions
Hungary's remittances received was $5.8B in 2025. Ranked 37th globally. This represents a 5.9% increase from the previous year.
Hungary's remittances received peaked at $5.8B in 2025.
The lowest remittances received in Hungary was $139.9M in 1995.
Hungary ranks 37th globally in remittances received as of 2025.
The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.
Hungary's remittances received is projected to reach $5.8B by 2025 based on trend extrapolation.
Hungary's remittances received was approximately 5.81 billion ($5.8B) in 2025.
The remittances received of Hungary in 2025 was $5.8B. This ranks 37th in the world.
Cite this page
@misc{historysaid_hungary_remittances,
title = {Hungary Remittances Received},
url = {https://historysaid.com/hungary/remittances/},
publisher = {HistorySaid},
year = {2026}
}