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Trading Basics

Hungary

Capital
Budapest
Region
Europe & Central Asia
Income group
High income
Population
9.5 million (2025)

At a glance

  • Prices in Hungary rose 4.4% in 2025, faster than in most countries.
  • Hungary's economy grew 0.5% in 2025, slower than most economies.
  • Output per person in Hungary was US$25,907 in 2025, higher than in most countries.
  • 4.5% of Hungary's labour force had no job in 2025, close to the middle of the range worldwide.
  • Hungary's central government owed 82.0% of GDP in 2024, more than in most countries with data.
  • Hungary had 9.5 million people in 2025: about 0.1% of everyone on Earth, the 96th largest population of 217 countries and territories.
  • Hungary had a current account surplus of 1.7% of GDP in 2025, higher than in most countries.

Consumer prices, change over the year (yearly average)

4.4%
World median 3.0%

Since 2000

Show the numbers
Inflation in Hungary and the world median, last ten years
YearHungaryWorld median
20254.4%3.0%
20243.7%3.0%
202317.1%5.7%
202214.6%8.0%
20215.1%3.5%
20203.3%1.9%
20193.3%2.2%
20182.9%2.5%
20172.4%2.3%
20160.4%1.6%

Real GDP, change over the year

0.5%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Hungary and the world median, last ten years
YearHungaryWorld median
20250.5%3.4%
20240.7%3.4%
2023−0.8%3.2%
20224.2%4.3%
20217.2%5.1%
2020−4.3%−3.8%
20195.1%2.8%
20185.6%3.2%
20174.1%3.3%
20162.4%3.1%

GDP divided by population, in US dollars at current prices

US$25,907
World median US$7,882

Since 2000

Show the numbers
GDP per person in Hungary and the world median, last ten years
YearHungaryWorld median
2025US$25,907US$7,882
2024US$23,305US$7,853
2023US$22,209US$7,862
2022US$18,428US$7,656
2021US$19,031US$7,269
2020US$16,387US$6,433
2019US$17,013US$7,037
2018US$16,605US$6,978
2017US$14,736US$6,548
2016US$13,216US$5,982

Share of the labour force without a job (ILO modelled estimate)

4.5%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Hungary and the world median, last ten years
YearHungaryWorld median
20254.5%5.1%
20244.5%5.1%
20234.1%5.2%
20223.6%5.3%
20214.0%6.0%
20204.3%6.4%
20193.4%5.4%
20183.7%5.4%
20174.2%5.6%
20165.1%5.9%

Central government debt, % of GDP

82.0%
World median 53.2%

Since 2000

Show the numbers
Government debt in Hungary and the world median, last ten years
YearHungaryWorld median
202482.0%53.2%
202382.4%60.7%
202278.0%55.6%
202188.7%58.8%
202097.3%64.3%
201984.6%49.2%
201888.0%47.3%
201793.8%51.2%
201698.6%50.2%
201598.4%49.4%

Everyone living in the country, mid-year

9.5 million

Since 2000

Show the numbers
Population in Hungary and the world median, last ten years
YearHungary
20259.5 million
20249.6 million
20239.6 million
20229.6 million
20219.6 million
20209.7 million
20199.7 million
20189.7 million
20179.7 million
20169.8 million

Current account balance, % of GDP

1.7%
World median −0.8%

Since 2000

Show the numbers
Current account balance in Hungary and the world median, last ten years
YearHungaryWorld median
20251.7%−0.8%
20241.8%−1.3%
2023−0.0%−1.2%
2022−8.8%−3.0%
2021−4.3%−2.4%
2020−1.0%−1.7%
2019−0.6%−2.1%
20180.3%−2.9%
20171.7%−2.1%
20164.4%−2.8%

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Hungary since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Government debt: International Monetary Fund, Government Finance Statistics; Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.