Nomad Watch
HU

Hungary

Central Europe EU Schengen HUF

HU · HUN · #108 · 19 cities

Nomad score 62/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$70,955
GDP (2031)
$346.4B
GDP growth (2031)
2.5% →
Inflation (2031)
3.0% →
Unemployment (2031)
3.8% →
Population (2031)
9.4M
Population growth (2031)
-0.2% →
Gini index (2017)
30.6
Government debt (2031)
88.8% of GDP
Current account (2031)
1.8% of GDP
FDI inflows (2025)
-$69.9B
Life expectancy (2024)
76.7 yrs
Health spending (2023)
6.4% of GDP
Internet users (2024)
93.8%
Mobile subscriptions (2024)
104.6/100
Trade openness (2025)
140.8% of GDP
Exchange rate (2025)
353.14/USD
Foreign reserves (2025)
$59.1B
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
88.8% of GDP
Current account (2031)
1.8% of GDP
FDI inflows (2025)
-$69.9B

Income inequality (Gini)

Gini index (2017)
0.31
Assessment
Moderate inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2024)
3.83/1k
Tax revenue (2024)
22.7% of GDP
Services sector (2025)
60.1% of GDP

Financial access and costs

ATMs per 100k (2024)
62.8
Bank branches per 100k (2024)
15.7
ICT service exports (2025)
11.3%
Goods and services tax (2024)
17.6%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $346.4B $70,955 2.5% 3.0% 3.8% 9.4M - 88.8% 1.8% - - - - -
2030 * $329.6B $73,159 2.5% 3.0% 3.8% 9.4M - 87.0% 1.6% - - - - -
2029 * $313.5B $69,275 2.5% 3.0% 3.8% 9.5M - 85.0% 1.0% - - - - -
2028 * $298.3B $65,649 2.3% 3.1% 3.9% 9.5M - 82.8% 0.7% - - - - -
2027 * $284.5B $62,312 2.0% 3.5% 4.0% 9.5M - 80.3% 0.4% - - - - -
2026 * $271.1B $59,053 1.7% 3.8% 4.2% 9.5M - 77.9% -0.4% - - - - -
2025 $246.9B $49,838 0.4% 4.4% 4.3% 9.6M - 75.2% 1.3% -$69.9B - - - 353.14
2024 $222.9B $48,540 0.6% 3.7% 4.5% 9.6M - 73.5% 1.5% -$61.3B 76.7 - 93.8% 365.69
2023 $213.3B $46,376 -0.8% 17.1% 4.1% 9.6M - 73.2% -0.1% -$70.9B 76.6 6.4% 91.5% 353.09
2022 $177.8B $44,232 4.2% 14.6% 3.6% 9.6M - 74.1% -9.1% -$1.9B 75.9 6.7% 89.1% 372.60
2021 $183.3B $38,887 7.2% 5.1% 4.1% 9.7M - 76.2% -4.5% $33.5B 74.1 7.3% 88.6% 303.14
2020 $158.5B $35,584 -4.3% 3.3% 4.1% 9.7M - 78.7% -1.1% $167.4B 75.4 7.2% 84.8% 308.00
2019 $164.9B $35,627 5.1% 3.4% 3.3% 9.7M - 65.0% -0.6% $98.3B 76.3 6.3% 80.4% 290.66
2018 $161.2B $32,258 5.6% 2.8% 3.6% 9.7M - 68.8% 0.2% -$64.6B 76.1 6.6% 76.1% 270.21
2017 $143.3B $29,728 4.1% 2.4% 4.1% 9.7M 30.6 72.0% 1.8% -$12.4B 75.8 6.7% 76.8% 274.43
2016 $129.0B $28,179 2.4% 0.4% 5.0% 9.8M 30.3 74.6% 4.4% $69.5B 76.1 7.0% 79.3% 281.52
2015 $125.2B $26,938 3.7% -0.1% 6.6% 9.8M 30.4 75.7% 2.2% -$5.5B 75.6 6.9% 72.8% 279.33
2014 $141.1B $25,796 4.3% -0.2% 7.5% 9.9M 30.9 76.5% 0.9% $12.9B 75.8 7.0% 75.7% 232.60
2013 $135.6B $24,592 2.0% 1.7% 9.8% 9.9M 31.5 77.2% 3.1% -$3.7B 75.6 7.2% 72.6% 223.70
2012 $128.5B $23,205 -1.3% 5.7% 10.7% 9.9M 30.8 78.4% 1.1% $10.7B 75.1 7.4% 70.6% 225.10
2011 $141.7B $22,992 1.9% 3.9% 10.7% 10.0M 29.2 80.5% 0.3% $10.6B 74.9 7.5% 68.0% 201.06
2010 $131.9B $21,691 1.1% 4.9% 10.8% 10.0M 29.4 80.2% -0.3% -$21.0B 74.2 7.5% 65.0% 207.94
2009 $130.8B $20,691 -6.7% 4.2% 9.7% 10.0M 27.0 78.2% -1.3% -$3.0B 73.9 7.2% 62.0% 202.34
2008 $158.2B $20,709 1.0% 6.1% 7.4% 10.0M 27.5 71.8% -7.5% $74.7B 73.7 7.1% 61.0% 172.11
2007 $140.1B $19,089 0.3% 8.0% 7.0% 10.1M 27.9 65.6% -7.4% $70.6B 73.2 7.2% 53.3% 183.63
2006 $115.6B $18,362 3.9% 3.9% 7.1% 10.1M 28.3 64.5% -7.5% $18.7B 73.1 7.8% 47.1% 210.39
2005 $113.1B $17,091 4.3% 3.6% 6.8% 10.1M 34.7 60.6% -7.2% $27.5B 72.7 8.0% 39.0% 199.58
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

Continue exploring Hungary