GERD as a percentage of GDP in Hungary

Hungary: GERD as a percentage of GDP was 1.4% in 2023. ▲ Rising

Latest (2023)
1.4%
Change on year
down 0.9%
World rank
34th
of 116 countries
All-time high
1.6%
in 2021
All-time low
0.6%
in 1996
Years of data
28
1996–2023

GERD as a percentage of GDP in Hungary, 1996–2023

00.511.51996200920231996: 0.6281997: 0.6971998: 0.6561999: 0.6712000: 0.792001: 0.9122002: 0.9832003: 0.922004: 0.8612005: 0.922006: 0.9782007: 0.9552008: 0.9782009: 1.12010: 1.12011: 1.22012: 1.32013: 1.42014: 1.32015: 1.32016: 1.22017: 1.32018: 1.52019: 1.52020: 1.62021: 1.62022: 1.42023: 1.4

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for gerd as a percentage of gdp in Hungary is 1.4%, measured in 2023.

Compared with earlier readings it is down 0.9% on the previous year and down 0.5% over ten years.

Over the whole period, gerd as a percentage of gdp in Hungary peaked at 1.6% in 2021 and was at its lowest, 0.6%, in 1996.

That places Hungary 34th out of 116 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 28 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.7% 0.6% 0.7% 4
2000s 0.9% 0.8% 1.1% 10
2010s 1.3% 1.1% 1.5% 10
2020s 1.5% 1.4% 1.6% 4

Countries ranked near Hungary

  1. 31 Türkiye, Republic of 1.4% compare
  2. 32 Croatia, Republic of 1.4% compare
  3. 33 Italy 1.4% compare
  4. 35 Brazil 1.2% compare
  5. 36 Hong Kong Special Administrative Region, People's Republic of China 1.1% compare
  6. 37 Luxembourg 1.1% compare

See the full ranking of 166 places →

More science & technology data for Hungary

All data for Hungary →

Frequently asked questions

What is gerd as a percentage of gdp in Hungary?
Gerd as a percentage of gdp in Hungary was 1.4% in 2023, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in Hungary?
The highest recorded value was 1.6% in 2021.
What is the lowest gerd as a percentage of gdp recorded in Hungary?
The lowest recorded value was 0.6% in 1996.
How does Hungary rank for gerd as a percentage of gdp?
Hungary ranks 34th out of 116 countries with data for 2023.
Is gerd as a percentage of gdp rising or falling in Hungary?
Over the last ten years it is down 0.5%. The long-run trend across the full record is rising.
Where does this Hungary data come from?
The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.

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GERD as a percentage of GDP in Hungary. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 18 August 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/hungary/

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About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release