Hungary's manufacturing, value added (constant LCU) was 8.43 trillion in 2025, the latest year in the World Bank's World Development Indicators. That is up 0.27% from 8.41 trillion in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 8.43 trillion | 2025 |
| Five years earlier | 8.43 trillion | 2020 |
| Ten years earlier | 8.41 trillion | 2015 |
| Highest | 9.41 trillion | 2022 |
| Lowest | 3.84 trillion | 1995 |
| Average since 2016 | 8.81 trillion | 2016–2025 |
| First recorded | 3.84 trillion |
What the numbers say
In 2025, Hungary's manufacturing, value added (constant LCU) fell 2.6% on 2024 (from 8.66 trillion to 8.43 trillion).
Across the 29 yearly changes before that (1996 to 2024), the average change was +3% and a typical year strayed about 6.3% from that (the standard deviation). This year's change was 0.9 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 14% in 1997 and the biggest yearly fall was 17.7% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Hungary had the 16th highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Hungary in the 2025 ranking
- Lao PDR — 13th of 136: 14.51 trillion
- Russian Federation — 14th of 136: 14.11 trillion
- Bangladesh — 15th of 136: 8.43 trillion
- Costa Rica — 17th of 136: 8.27 trillion
- Côte d'Ivoire — 18th of 136: 6.21 trillion
- Iraq — 19th of 136: 5.3 trillion
What this measures
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 31 values
| Year | Manufacturing, value added (constant LCU) |
|---|---|
| 2025 | 8,432,400,072,000 |
| 2024 | 8,657,264,611,000 |
| 2023 | 9,003,284,431,000 |
| 2022 | 9,406,853,033,000 |
| 2021 | 9,022,705,475,000 |
| 2020 | 8,431,049,000,000 |
| 2019 | 9,104,806,427,000 |
| 2018 | 8,933,549,471,000 |
| 2017 | 8,711,126,687,000 |
| 2016 | 8,437,238,383,000 |
Manufacturing, value added (constant LCU) in nearby economies
- Albania — 128.81 billion (2025)
- Andorra — 93.83 million (2024)
- Armenia — 754.82 billion (2025)
- Austria — 69.84 billion (2025)
- Azerbaijan — 2.24 billion (2025)
- Belarus — 52.02 billion (2025)
- Belgium — 59.19 billion (2025)
- Bosnia and Herzegovina — 5.39 billion (2025)
- Croatia — 7.28 billion (2025)
- Cyprus — 1.32 billion (2025)
More economic policy & debt data for Hungary
- GDP (current LCU) — 87.05 trillion (2025)
- GDP (constant 2015 US$) — US$158.99 billion (2025)
- GDP (constant LCU) — 54.72 trillion (2025)
- GDP per capita (current LCU) — 9.15 million (2025)
- GDP per capita (constant 2015 US$) — US$16,711 (2025)
- GDP per capita (constant LCU) — 5.75 million (2025)
- GNI (current LCU) — 84.94 trillion (2025)
- GNI per capita (current LCU) — 8.93 million (2025)
- GDP (annual % growth) — 0.51% (2025)
- GDP per capita (annual % growth) — 1.01% (2025)
- Chemicals (% of value added in manufacturing)
Reading data like this
Questions people ask
- What is Hungary's manufacturing, value added (constant LCU)?
- 8.43 trillion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 119.81% from 3.84 trillion in 1995 (2.66% a year on average, compounded). The highest value was 9.41 trillion in 2022 and the lowest 3.84 trillion in 1995.
- How does Hungary rank?
- 16th highest of 136 economies with data for 2025.
- Is the latest change in manufacturing, value added (constant LCU) unusual for Hungary?
- In 2025, Hungary's manufacturing, value added (constant LCU) fell 2.6% on 2024 (from 8.66 trillion to 8.43 trillion). Across the 29 yearly changes before that (1996 to 2024), the average change was +3% and a typical year strayed about 6.3% from that (the standard deviation). This year's change was 0.9 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NV.IND.MANF.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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