Hungary GDP Growth Rate (2026)
Hungary has a Central European economy supported by manufacturing, exports, services, investment, and household consumption. This page examines its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+1.7%
Annual real GDP growth
World Rank
#153
Out of 195 countries
Change vs 2025
+1.3 pp
2025: +0.4%
Europe Rank
#25
Out of 43 countries
1. Hungary GDP Growth Rate in 2026
Hungarian economic growth is influenced by industrial production, exports, consumer demand, investment, and European funding. Automotive manufacturing and regional trade play important roles.
2. Hungary GDP Growth Rate Trends (1980–2026)
Hungary’s growth history reflects European integration, foreign investment, manufacturing development, and rising domestic consumption. External demand has strongly influenced industrial performance.
3. Hungary GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +1.7% | +1.3 pp |
| 2025 | +0.4% | -0.2 pp |
| 2024 | +0.6% | +1.4 pp |
| 2023 | -0.8% | -5.0 pp |
| 2022 | +4.2% | -3.0 pp |
| 2021 | +7.2% | +11.5 pp |
| 2020 | -4.3% | -9.4 pp |
| 2019 | +5.1% | -0.5 pp |
| 2018 | +5.6% | +1.5 pp |
| 2017 | +4.1% | +1.7 pp |
| 2016 | +2.4% | -1.3 pp |
| 2015 | +3.7% | -0.6 pp |
| 2014 | +4.3% | +2.3 pp |
| 2013 | +2.0% | +3.3 pp |
| 2012 | -1.3% | -3.2 pp |
| 2011 | +1.9% | +0.8 pp |
| 2010 | +1.1% | +7.8 pp |
| 2009 | -6.7% | -7.7 pp |
| 2008 | +1.0% | +0.7 pp |
| 2007 | +0.3% | -3.6 pp |
| 2006 | +3.9% | -0.4 pp |
| 2005 | +4.3% | -0.7 pp |
| 2004 | +5.0% | +1.1 pp |
| 2003 | +3.9% | -0.8 pp |
| 2002 | +4.7% | +0.6 pp |
| 2001 | +4.1% | -0.3 pp |
| 2000 | +4.4% | +1.3 pp |
| 1999 | +3.1% | -0.7 pp |
| 1998 | +3.8% | +0.8 pp |
| 1997 | +3.0% | +2.9 pp |
| 1996 | +0.1% | -2.4 pp |
| 1995 | +2.5% | -0.4 pp |
| 1994 | +2.9% | +3.5 pp |
| 1993 | -0.6% | +2.5 pp |
| 1992 | -3.1% | +8.8 pp |
| 1991 | -11.9% | -8.4 pp |
| 1990 | -3.5% | -4.2 pp |
| 1989 | +0.7% | +0.8 pp |
| 1988 | -0.1% | -4.2 pp |
| 1987 | +4.1% | +2.6 pp |
| 1986 | +1.5% | +1.8 pp |
| 1985 | -0.3% | -3.0 pp |
| 1984 | +2.7% | +2.0 pp |
| 1983 | +0.7% | -2.1 pp |
| 1982 | +2.8% | -0.1 pp |
| 1981 | +2.9% | +2.7 pp |
| 1980 | +0.2% | — |
4. Hungary GDP Growth Performance
Current Growth Rate
+1.7%
(2026 to 2026)
5-Year Average
+1.2%
(2022 to 2026)
10-Year Average
+2.4%
(2017 to 2026)
20-Year Average
+1.6%
(2007 to 2026)
The economy benefits from a competitive manufacturing sector and significant foreign investment. Inflation, weaker European demand, and policy uncertainty can limit stronger growth.
5. Hungary GDP Growth Rate vs Europe and World
Hungary
+1.7%
Europe Average
+1.9%
World Average
+2.8%
0.0%
1.4%
2.8%
Annual real GDP growth (%)
Hungary’s GDP growth rate is approximately
0.2 pp
below the
Europe average
and
1.2 pp
below the world average.
6. Hungary GDP Growth Rate Ranking in Europe
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #21 | Portugal | +1.9% |
| #22 | Iceland | +1.9% |
| #23 | Moldova | +1.9% |
| #24 | Greece | +1.8% |
| #25 | Hungary | +1.7% |
| #26 | Luxembourg | +1.6% |
| #27 | Norway | +1.5% |
| #28 | Estonia | +1.4% |
| #29 | Switzerland | +1.3% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Hungary
Hungary GDP (Nominal)
$271.1 Billion
(2026)
Hungary GDP Growth Rate
+1.7%
(2026)
Hungary often grows faster than mature Western European economies during favorable regional conditions. Its export-oriented model makes it highly sensitive to European industrial cycles.
Explore more:
Hungary GDP
9. Hungary GDP Growth Rate Forecast
The outlook depends on manufacturing, investment, household demand, European funding, and inflation. Fiscal pressures and weak external demand remain important risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +2.0% | +0.3 pp |
| 2028 | +2.3% | +0.3 pp |
| 2029 | +2.5% | +0.2 pp |
| 2030 | +2.5% | 0.0 pp |
10. Hungary GDP Growth Rate: Key Findings
Hungary GDP growth rate is estimated at +1.7% in 2026.
It ranks #153 globally and #25 in Europe by annual GDP growth rate.
The growth rate accelerated by 1.3 percentage points compared with 2025.
The 5-year average GDP growth rate is +1.2%.
The 10-year average GDP growth rate is +2.4%.
The current rate is 0.2 percentage points below the Europe average.
The current rate is 1.2 percentage points below the world average.
The forecast GDP growth rate is +2.5% in 2030, 0.8 percentage points above the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
September 2026
13. Hungary GDP Growth Rate FAQs
Hungary GDP growth rate is estimated at +1.7% in 2026.
Hungary ranks #153 globally and #25 in Europe by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +1.7% in 2026.
Hungary GDP growth rate was +3.7% in 2015.
Hungary GDP growth rate is 0.2 percentage points below the Europe average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.