Hungary 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$212.39 billion
↑ 19.99% vs 2022GDP per Capita
$22,141.87
↑ 20.64% vs 2022GDP Growth (Annual %)
-0.91%
↓ 5.49pp vs 2022Inflation Rate (CPI %)
17.12%
↑ 2.52pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $177.01 billion | $212.39 billion | +19.99% |
| GDP per Capita | $18,353.30 | $22,141.87 | +20.64% |
| GDP Growth (Annual %) | 4.58% | -0.91% | -5.49pp |
| Inflation (CPI %) | 14.61% | 17.12% | +2.52pp |
| Unemployment Rate (%) | 3.61% | 4.11% | +0.50pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $212.39 billion
- GDP per Capita
- $22,141.87
- GDP Growth (Annual %)
- -0.91%
- Gross National Income
- $204.86 billion
Prices & Employment
- Inflation (CPI %)
- 17.12%
- Inflation (GDP Deflator %)
- 14.75%
- Unemployment Rate (%)
- 4.11%
- Interest Rate (Real %)
- 0.48%
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)
- 0.79%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Hungary's Gross Domestic Product (GDP) is $212.39 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Hungary for 2023 is $22,141.87. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Hungary for 2023 is 17.12%. This measures the annual percentage change in the cost of consumer goods and services.
Hungary's annual GDP growth rate for 2023 is -0.91%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Hungary for 2023 is 4.11%. This represents the percentage of the labor force that is unemployed and actively seeking employment.