Exports as a share of GDP fell 7.63% to 0.747% in Hungary in 2024, according to the National Statistical Office.
Historically, exports as a share of GDP in Hungary reached an all time high of 0.895% in 2022 and an all time low of 0.231% in 1993. When compared to Hungary's main peers, exports as a share of GDP in Austria amounted to 0.569%, 0.692% in Czechia, 0.523% in Poland and 0.852% in Slovakia in 2024.
Hungary has been ranked 17th within the group of 130 countries we follow in terms of exports as a share of GDP, 5 places below the position seen 10 years ago.
Exports (As % of GDP) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Austria | % | 0.557% | 0.559% | 0.517% | 0.560% | 0.620% | ||||||||||||||||
Czechia | % | 0.756% | 0.721% | 0.678% | 0.706% | 0.724% | ||||||||||||||||
Germany | % | 0.426% | 0.424% | 0.392% | 0.427% | 0.458% | ||||||||||||||||
Hungary | % | 0.834% | 0.811% | 0.781% | 0.794% | 0.895% | ||||||||||||||||
Italy | % | 0.308% | 0.309% | 0.287% | 0.312% | 0.351% | ||||||||||||||||
Poland | % | 0.522% | 0.526% | 0.524% | 0.570% | 0.624% | ||||||||||||||||
Russia | % | 0.308% | 0.284% | 0.255% | 0.300% | 0.277% | ||||||||||||||||
Slovakia | % | 0.949% | 0.918% | 0.843% | 0.907% | 0.990% | ||||||||||||||||
Switzerland | % | 0.675% | 0.670% | 0.641% | 0.711% | 0.761% | ||||||||||||||||
Ukraine | % | 0.452% | 0.412% | 0.388% | 0.407% | 0.354% |