Hungary's economy grew by 0.4% for the whole of 2025, marking its second consecutive year of expansion, but easing from a 0.5% growth in the previous year. Full Year GDP Growth in Hungary averaged 2.34 percent from 1996 until 2025, reaching an all time high of 7.10 percent in 2021 and a record low of -6.70 percent in 2009. source: Hungarian Central Statistical Office

Full Year GDP Growth in Hungary is expected to reach 1.80 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Full Year GDP Growth is projected to trend around 2.10 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth 0.40 0.50 percent Dec 2025
GDP 246.49 222.85 USD Billion Dec 2025
GDP Growth Rate YoY 1.70 1.70 percent Jun 2026
GDP Constant Prices 14872429.00 13338259.00 HUF Million Jun 2026
GDP from Agriculture 372524.00 441425.00 HUF Million Jun 2026
GDP from Construction 711592.00 673650.00 HUF Million Jun 2026
GDP from Manufacturing 2203547.00 2165257.00 HUF Million Jun 2026
GDP from Public Administration 2082102.00 2073395.00 HUF Million Jun 2026
GDP from Services 8974848.00 8931683.00 HUF Million Jun 2026
GDP from Transport 713702.00 704129.00 HUF Million Jun 2026
GDP Growth Rate 0.50 0.80 percent Jun 2026
Gross Fixed Capital Formation 2989660.00 3101658.00 HUF Million Jun 2026


Hungary Full Year GDP Growth
Electronics manufacturing and research are among the main drivers of innovation and economic growth in Hungary. The country has also grown into a major center for mobile technology, information security, and related hardware research. On the expenditure side, household consumption is the main component of GDP and accounts for 50 percent of its total use, followed by gross fixed capital formation (22 percent) and government expenditure (20 percent). Exports of goods and services account for 89 percent of GDP while imports account for 82 percent, adding 7 percent of total GDP.
Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.50 7.10 -6.70 1996 - 2025 percent Yearly
Constant Prices, NSA