Real GDP Growth: Hungary
Hungary's real gdp growth is currently 2.1% as of 2026. # Hungary Real GDP Growth Hungary's real GDP growth reached 2.
Current (2026)
2.1%
+250.0% y/y
Peak (2021)
7.2%
Low (1991)
-11.9%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Real GDP Growth — Hungary
1980 — 2026
Real GDP Growth — Hungary
Analysis# Hungary Real GDP Growth
Hungary's real GDP growth reached 2.1% in 2026, representing a moderate recovery from near-stagnation. The country has experienced dramatic volatility across its measured period, with a peak of 7.2% in 2021 and a devastating low of -11.9% in 1991 during the post-Soviet transition. Since 1980, Hungary's cumulative economic expansion totals 950%, reflecting substantial long-term development despite cyclical disruptions.
The 2020–2023 period marked a severe contraction cycle, with GDP shrinking 4.3% in 2020 before rebounding sharply to 7.2% in 2021. Subsequent years brought deceleration: growth fell to 4.3% in 2022, turned negative at -0.8% in 2023, and bottomed at 0.5% in 2024. The projected acceleration to 2.1% in 2026 suggests Hungary's economy is emerging from this downturn, though growth remains below pre-2023 levels.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 2.5% | +0.00% |
| 2029 | 2.5% | +4.17% |
| 2028 | 2.4% | +4.35% |
| 2027 | 2.3% | +9.52% |
| 2026 | 2.1% | +250.00% |
| 2025 | 0.6% | +20.00% |
| 2024 | 0.5% | +162.50% |
| 2023 | -0.8% | -118.60% |
| 2022 | 4.3% | -40.28% |
| 2021 | 7.2% | +267.44% |
| 2020 | -4.3% | -184.31% |
| 2019 | 5.1% | -8.93% |
| 2018 | 5.6% | +36.59% |
| 2017 | 4.1% | +70.83% |
| 2016 | 2.4% | -35.14% |
| 2015 | 3.7% | -13.95% |
| 2014 | 4.3% | +115.00% |
| 2013 | 2.0% | +253.85% |
| 2012 | -1.3% | -168.42% |
| 2011 | 1.9% | +72.73% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 1.1% | +116.42% |
| 2009 | -6.7% | -770.00% |
| 2008 | 1.0% | +233.33% |
| 2007 | 0.3% | -92.31% |
| 2006 | 3.9% | -9.30% |
| 2005 | 4.3% | -14.00% |
| 2004 | 5.0% | +28.21% |
| 2003 | 3.9% | -17.02% |
| 2002 | 4.7% | +14.63% |
| 2001 | 4.1% | -6.82% |
| 2000 | 4.4% | +41.94% |
| 1999 | 3.1% | -18.42% |
| 1998 | 3.8% | +26.67% |
| 1997 | 3.0% | +2900.00% |
| 1996 | 0.1% | -96.00% |
| 1995 | 2.5% | -13.79% |
| 1994 | 2.9% | +583.33% |
| 1993 | -0.6% | +80.65% |
| 1992 | -3.1% | +73.95% |
| 1991 | -11.9% | -240.00% |
| 1990 | -3.5% | -600.00% |
| 1989 | 0.7% | +800.00% |
| 1988 | -0.1% | -102.44% |
| 1987 | 4.1% | +173.33% |
| 1986 | 1.5% | +600.00% |
| 1985 | -0.3% | -111.11% |
| 1984 | 2.7% | +285.71% |
| 1983 | 0.7% | -75.00% |
| 1982 | 2.8% | -3.45% |
| 1981 | 2.9% | +1350.00% |
| 1980 | 0.2% | — |
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