Hungary 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$157.29 billion
↓ 4.10% vs 2019GDP per Capita
$16,131.95
↓ 3.90% vs 2019GDP Growth (Annual %)
-4.49%
↓ 9.35pp vs 2019Inflation Rate (CPI %)
3.33%
↓ 0.01pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $164.02 billion | $157.29 billion | -4.10% |
| GDP per Capita | $16,786.21 | $16,131.95 | -3.90% |
| GDP Growth (Annual %) | 4.86% | -4.49% | -9.35pp |
| Inflation (CPI %) | 3.34% | 3.33% | -0.01pp |
| Unemployment Rate (%) | 3.42% | 4.25% | +0.83pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $157.29 billion
- GDP per Capita
- $16,131.95
- GDP Growth (Annual %)
- -4.49%
- Gross National Income
- $153.53 billion
Prices & Employment
- Inflation (CPI %)
- 3.33%
- Inflation (GDP Deflator %)
- 6.39%
- Unemployment Rate (%)
- 4.25%
- Interest Rate (Real %)
- -4.17%
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)
- -0.86%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Hungary's Gross Domestic Product (GDP) is $157.29 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Hungary for 2020 is $16,131.95. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Hungary for 2020 is 3.33%. This measures the annual percentage change in the cost of consumer goods and services.
Hungary's annual GDP growth rate for 2020 is -4.49%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Hungary for 2020 is 4.25%. This represents the percentage of the labor force that is unemployed and actively seeking employment.