Hungary 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$222.87 billion
↑ 4.93% vs 2023GDP per Capita
$23,234.54
↑ 4.93% vs 2023GDP Growth (Annual %)
4.93%
↑ 5.84pp vs 2023Inflation Rate (CPI %)
3.70%
↓ 13.42pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $212.39 billion | $222.87 billion | +4.93% |
| GDP per Capita | $22,141.87 | $23,234.54 | +4.93% |
| GDP Growth (Annual %) | -0.91% | 4.93% | +5.84pp |
| Inflation (CPI %) | 17.12% | 3.70% | -13.42pp |
| Unemployment Rate (%) | 4.11% | 4.43% | +0.33pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $222.87 billion
- GDP per Capita
- $23,234.54
- GDP Growth (Annual %)
- 4.93%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 3.70%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 4.43%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Hungary's Gross Domestic Product (GDP) is $222.87 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Hungary for 2024 is $23,234.54. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Hungary for 2024 is 3.70%. This measures the annual percentage change in the cost of consumer goods and services.
Hungary's annual GDP growth rate for 2024 is 4.93%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Hungary for 2024 is 4.43%. This represents the percentage of the labor force that is unemployed and actively seeking employment.