Hungary: economy and key statistics
Hungary is number 55 in the 311 Nations Index, with a GDP of $246.5 billion in 2025. GDP per person is $25,907. The economy grew by 0.5% in 2025. Unemployment is 4.5%. The economy is 60% services, 23% industry, 3% agriculture. In 311 Institute directories: 59 R&D labs, 2 startups, 3 investors, 2 Titans.
Part of the 311 Nations Index (311institute.com). Last updated .
National power
Hungary is number 44 in the 311 National Power Index, scoring 46.0 out of 100: economic 68, technology 28, military 35 and human capital 58.
Economy at a glance
| Indicator | Latest figure | Year |
|---|---|---|
| GDP | $246.5 billion | 2025 |
| GDP (purchasing power) | $474.2 billion | 2025 |
| GDP per person | $25,907 | 2025 |
| Economic growth | +0.5% | 2025 |
| Inflation | 4.4% | 2025 |
| Unemployment | 4.5% | 2025 |
| Population | 9.5 million | 2025 |
| Labour force | 4.9 million | 2025 |
| Services share of GDP | 60% | 2025 |
| Industry share of GDP | 23% | 2025 |
| Manufacturing share of GDP | 15% | 2025 |
| Agriculture share of GDP | 3% | 2025 |
| Exports share of GDP | 73% | 2025 |
| Foreign direct investment | -28.4% of GDP | 2025 |
| High-tech share of manufactured exports | 23% | 2024 |
| R&D spending | 1.38% of GDP | 2023 |
| Internet users | 94% of people | 2024 |
R&D labs
Largest companies in Hungary
Startups in Hungary
Investors in Hungary
Main export industries
Hungary exported goods worth about $154.5bn in 2024. Its biggest export industries:
- Electrical machinery and equipment: $37.3bn (24.1% of goods exports)
- Vehicles: $25.5bn (16.5% of goods exports)
- Machinery and mechanical appliances, boilers, nuclear reactors: $24.6bn (15.9% of goods exports)
- Pharmaceutical products: $10.8bn (7.0% of goods exports)
- Plastics and articles thereof: $5.4bn (3.5% of goods exports)
Source: UN Comtrade, goods only (services exports are not included).
Other economies in Europe
- Germany (#3)
- United Kingdom (#5)
- France (#7)
- Russia (#8)
- Italy (#9)
- Spain (#12)
- Türkiye (#16)
- Netherlands (#18)
- Switzerland (#20)
- Poland (#21)
- Belgium (#22)
- Ireland (#23)
- Sweden (#25)
- Austria (#28)
- Norway (#31)
Questions and answers
How big is the economy of Hungary?
Hungary had a GDP of $246.5 billion in 2025, ranking number 55 in the 311 Nations Index.
What is GDP per person in Hungary?
GDP per person in Hungary was $25,907 in 2025.
How fast is the economy of Hungary growing?
The economy of Hungary grew by 0.5% in 2025.
Source: World Bank, World Development Indicators (CC BY 4.0).
© 311 Institute 2026. Facts from Wikidata (CC0) and the sources linked on this page. The selection, classification and links are the proprietary work of the 311 Institute, protected by copyright and database rights.