HistoryData

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
19802026 · 51 pts

Real GDP GrowthHungary

19802026

Real GDP Growth — Hungary
-11.9%-7.125%-2.35%2.425%7.2%198019902000201020202030LowPeak
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
YearValueChange %
20302.5%+0.00%
20292.5%+4.17%
20282.4%+4.35%
20272.3%+9.52%
20262.1%+250.00%
20250.6%+20.00%
20240.5%+162.50%
2023-0.8%-118.60%
20224.3%-40.28%
20217.2%+267.44%
2020-4.3%-184.31%
20195.1%-8.93%
20185.6%+36.59%
20174.1%+70.83%
20162.4%-35.14%
20153.7%-13.95%
20144.3%+115.00%
20132.0%+253.85%
2012-1.3%-168.42%
20111.9%+72.73%
Show all 51 rows
YearValueChange %
20101.1%+116.42%
2009-6.7%-770.00%
20081.0%+233.33%
20070.3%-92.31%
20063.9%-9.30%
20054.3%-14.00%
20045.0%+28.21%
20033.9%-17.02%
20024.7%+14.63%
20014.1%-6.82%
20004.4%+41.94%
19993.1%-18.42%
19983.8%+26.67%
19973.0%+2900.00%
19960.1%-96.00%
19952.5%-13.79%
19942.9%+583.33%
1993-0.6%+80.65%
1992-3.1%+73.95%
1991-11.9%-240.00%
1990-3.5%-600.00%
19890.7%+800.00%
1988-0.1%-102.44%
19874.1%+173.33%
19861.5%+600.00%
1985-0.3%-111.11%
19842.7%+285.71%
19830.7%-75.00%
19822.8%-3.45%
19812.9%+1350.00%
19800.2%

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