Home → Hungary → Trade → Trade Openness

Hungary Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

Hungary's trade openness was 155.67% in 2025, ranked 26th globally. This represents a 6.3% increase from 2024. Data from World Bank, covering 1991–2025.

155.67% +9.16% (+6.3%)
Year 2025 Rank #26 Global Peak 185.00% (2022) Source World Bank

Hungary Trade Openness (1991–2025)

Overview

Hungary's trade openness stood at 155.67% in 2025, a rise of +9.16% from 2024. Based on recent trends, this figure is projected to reach 155.67% by 2025. Hungary ranked 26th globally.

Hungary’s trade openness, measured as the sum of merchandise exports and imports as a percentage of GDP, reached 155.67 in 2025, ranking the country 26th globally according to World Bank data. This figure reflects a significant increase from its earliest recorded value of 58.21 in 1991 and follows a period of marked volatility in the post-transition era, including a historic trough of 53.41 in 1993. The all-time peak of 185.00 was recorded in 2022, driven by strong integration into European supply chains and robust foreign direct investment, particularly in the automotive and electronics sectors. Hungary’s current trade openness level is closely aligned with regional peers such as Lithuania, which recorded 154.29, and Estonia at 162.26, underscoring the outward-oriented economic models common in Central and Eastern Europe. While the 2025 figure represents a decline from the 2022 peak, it remains well above historical averages, suggesting continued reliance on external trade. The trajectory may shift depending on EU policy changes, global trade tensions, or efforts to diversify domestic sources of growth.

Data & projection

Year Trade Openness YoY change Rank
2027* trend 152.30% - -
2026* trend 153.98% - -
2025* trend 155.67% - -
2025 155.67% +9.16% #26
2024 146.50% −11.88% #140
2023 158.39% −26.61% #155
2022 185.00% +25.81% #167
2021 159.19% +4.66% #162
2020 154.53% −5.40% #170
2019 159.93% −2.78% #167
2018 162.70% −2.33% #170
2017 165.03% +1.06% #172
2016 163.97% −3.32% #171
2015 167.29% −1.07% #173
2014 168.36% +3.88% #170
2013 164.48% −1.70% #166
2012 166.18% −0.58% #166
2011 166.75% +8.92% #167
Show all years (1991-2025)
* Linear trend extrapolation

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 17.1% Rate 15.3% Gap -1.8pp Reserves YoY +10.9%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Hungary matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Hungary's trade openness?▾

Hungary's trade openness was 155.67% in 2025. Ranked 26th globally. This represents a 6.3% increase from the previous year.

What was the highest trade openness in Hungary?▾

Hungary's trade openness peaked at 185.00% in 2022.

What was the lowest trade openness in Hungary?▾

The lowest trade openness in Hungary was 53.41% in 1993.

How does Hungary rank in trade openness?▾

Hungary ranks 26th globally in trade openness as of 2025.

What is the World Bank indicator code for trade openness?▾

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the projected trade openness of Hungary in 2025?▾

Hungary's trade openness is projected to reach 155.67% by 2025 based on trend extrapolation.

What is the trade openness of Hungary in 2025?▾

The trade openness of Hungary in 2025 was 155.67%. This ranks 26th in the world.

Cite this page

APA
Hungary Trade Openness. HistorySaid. Retrieved November 15, 2026, from https://historysaid.com/hungary/trade-openness/
BibTeX
@misc{historysaid_hungary_trade-openness, title = {Hungary Trade Openness}, url = {https://historysaid.com/hungary/trade-openness/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub