Hungary - GDP per capita (current US$) 1991 - 2022
Hungary's gdp per capita (current us$) is currently $18,463.21 USD (United States dollar) according to the most recent World Bank data for the country (2022).
Definition
GDP per capita is determined by dividing the gross domestic product by the population at midyear. GDP represents the total value generated by resident producers within the economy, inclusive of product taxes and excluding subsidies not factored into product value. This calculation does not consider deductions for asset depreciation, depletion, or degradation of natural resources. The data is presented in current U.S. dollars.- Hungary's gdp per capita (current us$) for 2022 was $18,463.21, a -1.65% increase from 2021, with a -$309 difference.
- In 2021 it was $18,772.14, a 16.41% increase from 2020, with a +$2,646 difference.
- In 2020 it was $16,125.61, a -3.94% increase from 2019.
- In 2019 it was $16,786.21, a 2.20% increase from 2018.
- In 2018 it was $16,425.21, a 12.34% increase from 2017.
Measure: Estimated Value
Average, Lowest, and Highest Recorded Values
The average gdp per capita (current us$), value for Hungary is currently $10,454.00 (average of years with recorded data) with a lowest recorded value of $3,350.26 in 1991 and a highest value of $18,772.14 in 2021.For comparison, the world wide [World Bank] aggregate for 1991 was $4,428.11 and in 2021 it was $12,282.00. Essentially, in 1991, Hungary contributed 75.66% to the world wide aggregate. While in 2021 it contributed 152.84% to the aggregate, recording a 102.01% increase in amounts contributed within the 30-year period. Nonetheless, the country recorded a 460.32% increase in gdp per capita (current us$) within the same period.
Similarly, from 1991 (when the lowest value was recorded) to 2022, Hungary recorded a 451.10% increase in gdp per capita (current us$). The world aggregate recorded a 185.62% growth in the same period.
Hungary's GDP per capita (current US$) - Historical Data
| Year | GDP per capita (current US$) | Average Growth Rate (%) |
|---|---|---|
| 1991 | $3,350.26 | |
| 1992 | $3,735.11 | 11.49% |
| 1993 | $3,873.99 | 3.72% |
| 1994 | $4,173.37 | 7.73% |
| 1995 | $4,494.71 | 7.70% |
| 1996 | $4,525.04 | 0.67% |
| 1997 | $4,596.18 | 1.57% |
| 1998 | $4,744.21 | 3.22% |
| 1999 | $4,793.48 | 1.04% |
| 2000 | $4,624.28 | -3.53% |
| 2001 | $5,276.03 | 14.09% |
| 2002 | $6,655.33 | 26.14% |
| 2003 | $8,419.43 | 26.51% |
| 2004 | $10,301.70 | 22.36% |
| 2005 | $11,223.40 | 8.95% |
| 2006 | $11,489.56 | 2.37% |
| 2007 | $13,940.91 | 21.34% |
| 2008 | $15,772.33 | 13.14% |
| 2009 | $13,077.31 | -17.09% |
| 2010 | $13,217.50 | 1.07% |
| 2011 | $14,234.47 | 7.69% |
| 2012 | $12,984.84 | -8.78% |
| 2013 | $13,715.07 | 5.62% |
| 2014 | $14,294.26 | 4.22% |
| 2015 | $12,717.04 | -11.03% |
| 2016 | $13,104.70 | 3.05% |
| 2017 | $14,621.24 | 11.57% |
| 2018 | $16,425.21 | 12.34% |
| 2019 | $16,786.21 | 2.20% |
| 2020 | $16,125.61 | -3.94% |
| 2021 | $18,772.14 | 16.41% |
| 2022 | $18,463.21 | -1.65% |
Expand
Comparison with Countries in the Europe & Central Asia Region.
Among countries in the same World Bank Europe & Central Asia (ECA) region, Hungary comes in 33rd with $18,463.20 gdp per capita (current us$).
- Within the same region, Cyprus comes in 23rd with $31,283.50, gdp per capita (current us$).
- Slovenia comes in 24th with $29,457.40.
- Spain comes in 25th with $29,350.20.
- Estonia comes in 26th with $28,332.60.
- Czechia comes in 27th with $27,638.40.
- Lithuania comes in 28th with $24,826.80.
- Portugal comes in 29th with $24,274.50.
- Latvia comes in 30th with $21,851.10.
- Slovak Republic comes in 31st with $21,258.10.
- Greece comes in 32nd with $20,732.10.
- Croatia comes in 34th with $18,413.20.
- Poland comes in 35th with $18,321.30.
- Romania comes in 36th with $15,892.10.
- Russian Federation comes in 37th with $15,345.10.
- Bulgaria comes in 38th with $13,772.50.
- Kazakhstan comes in 39th with $11,243.70.
- Turkiye comes in 40th with $10,616.10.
- Montenegro comes in 41st with $9,893.52.
- Serbia comes in 42nd with $9,393.63.
- And Belarus comes in 43rd with $7,904.86, gdp per capita (current us$).
GDP per capita (current US$), Top 10 Countries in the Europe & Central Asia Region.
Top 10 Countries in the Europe & Central Asia Region.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Monaco | $234,317.00 | 2021 |
| 2 | Liechtenstein | $184,083.00 | 2021 |
| 3 | Luxembourg | $126,426.00 | 2022 |
| 4 | Norway | $106,149.00 | 2022 |
| 5 | Ireland | $104,039.00 | 2022 |
| 6 | Switzerland | $92,101.50 | 2022 |
| 7 | Isle of Man | $79,530.60 | 2020 |
| 8 | Iceland | $72,903.00 | 2022 |
| 9 | Faroe Islands | $69,010.20 | 2021 |
| 10 | Denmark | $66,983.10 | 2022 |
Comparison with Countries in the High income Group.
Among countries in the same World Bank High income (HI) group, Hungary comes in 68th with $18,463.20 gdp per capita (current us$).
- Within the same income group, St. Martin (French part) comes in 58th with $21,920.00, gdp per capita (current us$).
- Latvia comes in 59th with $21,851.10.
- Slovak Republic comes in 60th with $21,258.10.
- Uruguay comes in 61st with $20,795.00.
- Greece comes in 62nd with $20,732.10.
- St. Kitts and Nevis comes in 63rd with $20,176.70.
- Barbados comes in 64th with $20,018.50.
- French Polynesia comes in 65th with $19,999.10.
- Guyana comes in 66th with $18,989.80.
- Antigua and Barbuda comes in 67th with $18,745.20.
- Croatia comes in 69th with $18,413.20.
- Poland comes in 70th with $18,321.30.
- Trinidad and Tobago comes in 71st with $18,222.30.
- Curacao comes in 72nd with $17,717.60.
- Panama comes in 73rd with $17,357.60.
- Northern Mariana Islands comes in 74th with $17,302.90.
- Romania comes in 75th with $15,892.10.
- Seychelles comes in 76th with $15,874.50.
- American Samoa comes in 77th with $15,743.30.
- And Chile comes in 78th with $15,355.50, gdp per capita (current us$).
GDP per capita (current US$), Top 14 Countries in the High income Group.
Top 14 Countries in the High income Group.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Monaco | $234,317.00 | 2021 |
| 2 | Liechtenstein | $184,083.00 | 2021 |
| 3 | Luxembourg | $126,426.00 | 2022 |
| 4 | Bermuda | $118,846.00 | 2022 |
| 5 | Norway | $106,149.00 | 2022 |
| 6 | Ireland | $104,039.00 | 2022 |
| 7 | Switzerland | $92,101.50 | 2022 |
| 8 | Cayman Islands | $88,475.60 | 2021 |
| 9 | Qatar | $88,046.30 | 2022 |
| 10 | Singapore | $82,807.60 | 2022 |
| 11 | Isle of Man | $79,530.60 | 2020 |
| 12 | United States | $76,398.60 | 2022 |
| 13 | Iceland | $72,903.00 | 2022 |
| 14 | Faroe Islands | $69,010.20 | 2021 |