Hungary HU: Gross Domestic Product (GDP): Current PPP

1991 - 2023 | Yearly | USD mn | Organisation for Economic Co-operation and Development

Hungary HU: Gross Domestic Product (GDP): Current PPP data was reported at 440.580 USD bn in 2023. This records an increase from the previous number of 420.224 USD bn for 2022. Hungary HU: Gross Domestic Product (GDP): Current PPP data is updated yearly, averaging 192.052 USD bn from Dec 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 440.580 USD bn in 2023 and a record low of 85.565 USD bn in 1992. Hungary HU: Gross Domestic Product (GDP): Current PPP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Hungary – Table HU.OECD.MSTI: Gross Domestic Product, GDP PPP and GDP Deflator: OECD Member: Annual.

In Hungary, capital R&D expenditures include intangible assets from reference year 2018. Data on funds from the higher education sector are available from reference year 2018. Beginning in 2006, government-financed R&D, some of which was not allocated to the appropriate sector, is now allocated, in particular to the Business enterprise sector. Prior to 2004, only defence R&D performed in the civil sector is covered. Up until 1993, Business Enterprise expenditure includes purchases of licenses and know-how. As of 1994, the Central Technology Fund has been reclassified from the Business Enterprise sector to the Government sector.

2013 GBARD data include multi-annual R&D projects which are not allocated to the year in which they were budgeted.

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Hungary Hungary HU: Gross Domestic Product (GDP): Current PPP
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Hungary Hungary HU: Gross Domestic Product (GDP): Current PPP

What was Hungary's Hungary HU: Gross Domestic Product (GDP): Current PPP in 2023?

Last Previous Min Max Unit Frequency Range
440,579.526 2023 420,223.657 2022 85,564.894 1992 440,579.526 2023 USD mn yearly 1991 - 2023

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Hungary Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 54,081.390 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 23,785.429 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 3.150 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 17.6 Dec 2022 quarterly Mar 1996 - Dec 2022
GDP per Capita (USD) 18,719.000 2021 yearly 1991 - 2021
Gross Fixed Capital Formation (USD mn) 13,898.146 Dec 2024 quarterly Mar 1995 - Dec 2024
Gross National Product (GNP) (USD mn) 204,857.215 2023 yearly 1968 - 2023
Gross Savings Rate (%) 31.0 Dec 2024 quarterly Mar 1995 - Dec 2024
Investment: % of GDP (%) 17.4 Mar 2023 quarterly Mar 1995 - Mar 2023
Nominal GDP (USD mn) 42,734.0 Mar 2023 quarterly Mar 1995 - Mar 2023
Nominal GDP Growth (%) 6.537 Dec 2024 quarterly Mar 1996 - Dec 2024
Private Consumption Expenditure (USD mn) 29,035.007 Dec 2024 quarterly Mar 1995 - Dec 2024
Private Consumption: % of GDP (%) 50.3 Dec 2022 quarterly Mar 1995 - Dec 2022
Public Consumption Expenditure (USD mn) 11,670.757 Dec 2024 quarterly Mar 1995 - Dec 2024
Public Consumption: % of GDP (%) 19.8 Dec 2024 quarterly Mar 1995 - Dec 2024
Real GDP Growth (%) 0.8 Dec 2022 quarterly Mar 1996 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 133.541 Dec 2024 quarterly Mar 1995 - Dec 2024
Production Last Frequency Range
Gold Production (kg) 600.000 1990 yearly 1990 - 1990
Industrial Production Index Growth (%) -4.6 May 2023 monthly Jan 1986 - May 2023
Minerals Production (Metric Ton) 7,370,640.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 507,225.000 2023 yearly 1997 - 2023
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) -2.6 Jan 2025 monthly Jan 2005 - Jan 2025
Construction and Properties Last Frequency Range
Building Permits (Unit) 854.000 Jan 2025 monthly Jan 2002 - Jan 2025
Nominal Residential Property Price Index (2010=100) 326.661 Sep 2024 quarterly Mar 2000 - Sep 2024
Nominal Residential Property Price Index Growth (%) 12.252 Sep 2024 quarterly Mar 2000 - Sep 2024
Real Residential Property Price Index (2010=100) 176.714 Sep 2024 quarterly Mar 2000 - Sep 2024
Real Residential Property Price Index Growth (%) 8.463 Sep 2024 quarterly Mar 2000 - Sep 2024
House Prices Growth (%) 12.2 Sep 2024 quarterly Mar 2008 - Sep 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.3 Sep 2024 quarterly Dec 1999 - Sep 2024
Forecast: Government Expenditure (HUF bn) 50,519.031 2029 yearly 1995 - 2029
Forecast: Government Net Debt (HUF bn) 74,554.598 2029 yearly 1995 - 2029
Forecast: Government Revenue (HUF bn) 47,604.865 2029 yearly 1995 - 2029
Government Debt: % of GDP (%) 73.6 Dec 2024 quarterly Dec 1990 - Dec 2024
National Government Debt (USD mn) 152,122.0 Dec 2024 quarterly Dec 1989 - Dec 2024
Tax Revenue (USD mn) 13,766.382 Sep 2024 quarterly Mar 1999 - Sep 2024
Consolidated Fiscal Balance (USD mn) -1,730.421 Sep 2024 quarterly Mar 1999 - Sep 2024
Tax Revenue: % of GDP (%) 23.7 Sep 2024 quarterly Mar 1999 - Sep 2024

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