Imports as a share of GDP fell 9.38% to 0.691% in Hungary in 2024, according to the National Statistical Office.
Historically, imports as a share of GDP in Hungary reached an all time high of 0.943% in 2022 and an all time low of 0.277% in 1992. When compared to Hungary's main peers, imports as a share of GDP in Austria amounted to 0.536%, 0.627% in Czechia, 0.483% in Poland and 0.850% in Slovakia in 2024.
Hungary has been ranked 20th within the group of 130 countries we follow in terms of imports as a share of GDP, 7 places below the position seen 10 years ago.
Imports (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 | % | 0.527% | 0.523% | 0.483% | 0.551% | 0.624% | ||||||||||||||||
Czechia | % | 0.695% | 0.660% | 0.610% | 0.668% | 0.716% | ||||||||||||||||
Germany | % | 0.366% | 0.367% | 0.338% | 0.375% | 0.433% | ||||||||||||||||
Hungary | % | 0.793% | 0.789% | 0.762% | 0.793% | 0.943% | ||||||||||||||||
Italy | % | 0.285% | 0.277% | 0.252% | 0.291% | 0.369% | ||||||||||||||||
Poland | % | 0.502% | 0.490% | 0.468% | 0.538% | 0.607% | ||||||||||||||||
Russia | % | 0.208% | 0.208% | 0.204% | 0.206% | 0.151% | ||||||||||||||||
Slovakia | % | 0.938% | 0.919% | 0.832% | 0.912% | 1.05% | ||||||||||||||||
Switzerland | % | 0.570% | 0.572% | 0.577% | 0.589% | 0.624% | ||||||||||||||||
Ukraine | % | 0.540% | 0.493% | 0.403% | 0.420% | 0.520% |