Services, value added in Hungary
Hungary: Services, value added was 1.4% in 2025. ◆ Volatile
Services, value added in Hungary, 1996–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2025, services, value added in Hungary stood at 1.4%.
Compared with earlier readings it is down 14.1% on the previous year and down 36.9% over ten years.
Over the whole period, services, value added in Hungary peaked at 8.7% in 2021 and was at its lowest, -3.3%, in 2009.
Hungary ranks 160th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.1% | -0.1% | 1.9% | 4 |
| 2000s | 2.8% | -3.3% | 5.3% | 10 |
| 2010s | 3.3% | 0.6% | 6.5% | 10 |
| 2020s | 2.7% | -3.0% | 8.7% | 6 |
Countries ranked near Hungary
More economy & growth data for Hungary
- DEC alternative conversion factor 353.14 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -526.05 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -1.44 billion current US$ (2024)
- Taxes less subsidies on products 12.46 trillion current LCU (2025)
- Taxes less subsidies on products 35.28 billion current US$ (2025)
- Net primary income (Net income from abroad) -1.58 trillion current LCU (2024)
- Net primary income (Net income from abroad) -4.33 billion current US$ (2024)
- GNI per capita 8.93 million current LCU (2025)
- GNI per capita, Atlas method 23,850 current US$ (2025)
- GNI 84.94 trillion current LCU (2025)
Frequently asked questions
- What is services, value added in Hungary?
- Services, value added in Hungary was 1.4% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Hungary?
- The highest recorded value was 8.7% in 2021.
- What is the lowest services, value added recorded in Hungary?
- The lowest recorded value was -3.3% in 2009.
- How does Hungary rank for services, value added?
- Hungary ranks 160th out of 197 countries with data for 2025.
- Is services, value added rising or falling in Hungary?
- Over the last ten years it is down 36.9%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.