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CENTRAL EUROPE

Hungary

HU

Budapest · pop. 10M · Hungarian · Hungarian forint · landlocked

Trajectories

economic complexity

#16

Climbing the complexity rankings, from #24 in 1995.

2024 · 1.15

Harvard Growth Lab · thin line is the world’s median
the numbers30
whenvaluechange
19950.94
19960.92−0.02 pts
19970.91−0.01 pts
1998low0.910 pts
19990.93+0.02 pts
20001.04+0.11 pts
20011.06+0.02 pts
20021.11+0.05 pts
20031.14+0.03 pts
20041.10−0.04 pts
20051.11+0.02 pts
20061.14+0.03 pts
20071.18+0.03 pts
20081.22+0.04 pts
20091.18−0.03 pts
20101.26+0.07 pts
20111.26+0.01 pts
20121.24−0.03 pts
20131.27+0.03 pts
20141.26−0.01 pts
2015high1.30+0.04 pts
20161.29−0.01 pts
20171.27−0.02 pts
20181.270 pts
20191.23−0.03 pts
20201.25+0.02 pts
20211.24−0.01 pts
20221.25+0.01 pts
20231.23−0.02 pts
2024latest1.15−0.08 pts

economic momentum

$23.3K

Quadrupled since 2000. GDP per head in 2024, in current US dollars.

2024 · $23.3K

World Bank · thin line is the world’s median
the numbers35
whenvaluechange
1990low$3,324
1991$3,361+1.1%
1992$3,747+11.5%
1993$3,887+3.7%
1994$4,187+7.7%
1995$4,509+7.7%
1996$4,542+0.7%
1997$4,606+1.4%
1998$4,752+3.2%
1999$4,802+1.1%
2000$4,630−3.6%
2001$5,281+14.1%
2002$6,658+26.1%
2003$8,410+26.3%
2004$10.3K+22.4%
2005$11.2K+8.9%
2006$11.5K+2.4%
2007$13.9K+21.4%
2008$15.8K+13.1%
2009$13.1K−17.2%
2010$13.2K+1.1%
2011$14.2K+7.7%
2012$13.0K−8.9%
2013$13.7K+6.1%
2014$14.4K+4.5%
2015$12.8K−10.9%
2016$13.2K+3.4%
2017$14.7K+11.5%
2018$16.6K+12.7%
2019$17.0K+2.5%
2020$16.4K−3.7%
2021$19.0K+16.1%
2022$18.4K−3.2%
2023$22.2K+20.6%
2024latest$23.3K+4.8%

prices

3.7%

A year’s rise in consumer prices, in 2024. The world’s median was 3.1%.

2024 · 3.7%

World Bank · thin line is the world’s median
the numbers35
whenvaluechange
199028.4%
1991high34.8%+6.45 pts
199223.7%−11.2 pts
199322.5%−1.19 pts
199418.9%−3.60 pts
199528.3%+9.44 pts
199623.5%−4.84 pts
199718.3%−5.16 pts
199814.2%−4.15 pts
199910.0%−4.16 pts
20009.8%−0.19 pts
20019.1%−0.69 pts
20025.3%−3.85 pts
20034.7%−0.60 pts
20046.7%+2.08 pts
20053.6%−3.18 pts
20063.9%+0.37 pts
20078.0%+4.03 pts
20086.0%−1.92 pts
20094.2%−1.83 pts
20104.9%+0.64 pts
20113.9%−0.93 pts
20125.7%+1.72 pts
20131.7%−3.92 pts
2014low−0.2%−1.96 pts
2015−0.1%+0.17 pts
20160.4%+0.46 pts
20172.3%+1.95 pts
20182.9%+0.50 pts
20193.3%+0.49 pts
20203.3%−0.01 pts
20215.1%+1.78 pts
202214.6%+9.50 pts
202317.1%+2.52 pts
2024latest3.7%−13.4 pts

demographic curve

1.4 children per woman

Far below replacement: rapid ageing ahead.

2024 · 1.4

World Bank · thin line is the world’s median · rule marks replacement (2.1)
the numbers65
whenvaluechange
19602.0
19611.9−4.0%
19621.8−7.7%
19631.8+1.7%
19641.80.0%
19651.80.0%
19661.9+3.8%
19672.0+6.3%
19682.1+2.5%
19692.0−1.0%
19702.0−2.9%
19711.9−2.5%
19721.90.0%
19731.90.0%
19742.3+17.6%
1975high2.4+3.5%
19762.2−5.1%
19772.1−3.6%
19782.1−4.2%
19792.0−2.4%
19801.9−5.0%
19811.9−1.6%
19821.8−4.3%
19831.8−2.8%
19841.80.0%
19851.9+5.7%
19861.8−0.5%
19871.8−1.1%
19881.8−0.5%
19891.8+0.6%
19901.9+2.7%
19911.90.0%
19921.8−5.3%
19931.7−5.1%
19941.6−2.4%
19951.6−4.3%
19961.5−7.0%
19971.4−6.2%
19981.3−3.6%
19991.3−3.0%
20001.3+3.1%
20011.3−0.8%
20021.3−0.8%
20031.3−2.3%
20041.3+0.8%
20051.3+2.3%
20061.3+2.3%
20071.3−1.5%
20081.4+2.3%
20091.3−2.2%
20101.3−5.3%
2011low1.2−1.6%
20121.3+8.9%
20131.4+1.5%
20141.4+6.6%
20151.5+0.7%
20161.6+6.2%
20171.6+0.6%
20181.6+0.6%
20191.6+0.6%
20201.6+1.9%
20211.6+1.2%
20221.6−3.7%
20231.6−1.3%
2024latest1.4−9.0%

Metrics

  1. population
    10M
    95 of 176
    REST Countries · UN data
  2. gdp
    $213B
    55 of 170
    World Bank · latest available
  3. gdp per capita
    $22,231
    45 of 170
    World Bank · latest available
  4. military spending
    $4B
    49 of 151
    SIPRI via World Bank
  5. military % of gdp
    2.0%
    53 of 148
    SIPRI via World Bank
  6. area
    93K km²
    112 of 176
    REST Countries
  7. population density
    108 /km²
    57 of 176
    zuhd — derived from population and area
  8. life expectancy
    76.8 yr
    63 of 175
    World Bank · latest available
  9. internet access
    91%
    39 of 166
    ITU via World Bank
  10. co₂ per capita
    4.5 t
    50 of 163
    World Bank · Climate Watch
  11. urbanisation
    70%
    63 of 168
    World Bank · UN DESA
  12. fertility rate
    1.4
    136 of 168
    World Bank · UN DESA
  13. foreign-born share
    7.1%
    61 of 167
    World Bank · UN DESA
  14. remittances % of gdp
    2.5%
    74 of 155
    World Bank · IMF BOP
  15. r&d % of gdp
    1.4%
    31 of 123
    UNESCO UIS via World Bank
  16. researchers per million
    4,567
    23 of 118
    UNESCO UIS via World Bank
  17. scientific articles / yr
    8.8K
    47 of 168
    NSF / World Bank
  18. high-tech exports %
    23%
    20 of 153
    World Bank · UN Comtrade
  19. gini inequality
    30.6
    32 of 139
    World Bank · PovcalNet
  20. youth unemployment
    14%
    90 of 166
    ILO via World Bank
  21. democracy (v-dem)
    0.32
    85 of 163
    V-Dem via Our World in Data
  22. clean government
    41
    70 of 164
    Transparency International via Our World in Data
  23. press freedom
    31.8
    77 of 163
    RSF via Our World in Data
  24. human development
    0.870
    39 of 164
    UNDP via Our World in Data
  25. refugees hosted
    72K
    58 of 150
    UNHCR via Our World in Data
  26. refugees produced
    2.0K
    87 of 152
    UNHCR via Our World in Data