Hungary Services Value Added
Services value added as % of GDP NV.SRV.TOTL.ZS
Hungary's services value added was 59.83% in 2025, ranked 84th globally. This represents a 0.5% increase from 2024. Data from World Bank, covering 1995–2025.
Overview
Hungary's services value added stood at 59.83% in 2025, a rise of +0.30% from 2024. Based on recent trends, this figure is projected to reach 59.83% by 2025. Hungary ranked 84th globally.
Hungary’s services value added as a share of GDP stood at 59.83 percent in 2025, ranking 84th globally, a figure that also marks its all-time peak since the earliest available data in 1995, when it was recorded at 51.74 percent. Over the 31-year coverage period, the country has seen a consistent upward trajectory in the services sector’s contribution to economic output, reflecting broader structural shifts toward a service-driven economy. In 2025, Hungary’s performance in this indicator was closely aligned with peer nations such as Serbia at 59.54 percent and the Dominican Republic at 59.50 percent, while slightly trailing Jordan’s 60.00 percent. The gradual rise since the post-transition low in 1995 underscores sustained development in areas including finance, trade, and business services, supported by integration into European value chains and EU funding inflows. Given current trends, Hungary’s services value added is likely to continue rising, though the pace could accelerate with deeper digitalization, improvements in high-value service exports, or slow in the face of labor shortages and external demand fluctuations.
Data & projection
| Year | Services Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 61.10% | - | - |
| 2026* trend | 60.46% | - | - |
| 2025* trend | 59.83% | - | - |
| 2025 | 59.83% | +0.30% | #84 |
| 2024 | 59.52% | +1.25% | #103 |
| 2023 | 58.28% | +0.66% | #104 |
| 2022 | 57.62% | +0.25% | #109 |
| 2021 | 57.37% | +0.58% | #110 |
| 2020 | 56.79% | +0.20% | #97 |
| 2019 | 56.59% | +0.52% | #102 |
| 2018 | 56.07% | +0.15% | #100 |
| 2017 | 55.93% | +0.37% | #95 |
| 2016 | 55.56% | +1.45% | #93 |
| 2015 | 54.11% | −0.76% | #81 |
| 2014 | 54.87% | −0.59% | #100 |
| 2013 | 55.47% | +0.27% | #101 |
| 2012 | 55.20% | −0.76% | #104 |
| 2011 | 55.96% | −0.66% | #108 |
Detected Pattern
Analysis
Hungary matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw services value added improve within 24 months. View full analysis →
Frequently Asked Questions
Hungary's services value added was 59.83% in 2025. Ranked 84th globally. This represents a 0.5% increase from the previous year.
Hungary's services value added peaked at 59.83% in 2025.
The lowest services value added in Hungary was 51.74% in 1995.
Hungary ranks 84th globally in services value added as of 2025.
The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.
Hungary's services value added is projected to reach 59.83% by 2025 based on trend extrapolation.
The services value added of Hungary in 2025 was 59.83%. This ranks 84th in the world.
Cite this page
@misc{historysaid_hungary_services-value-added,
title = {Hungary Services Value Added},
url = {https://historysaid.com/hungary/services-value-added/},
publisher = {HistorySaid},
year = {2026}
}