Hungary's net foreign assets (current LCU) was 16.55 trillion in 2024, the latest year in the World Bank's World Development Indicators. That is up 107.56% from 7.97 trillion in 2014 (7.58% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 16.55 trillion | 2024 |
| Five years earlier | 10.8 trillion | 2019 |
| Ten years earlier | 7.97 trillion | 2014 |
| Highest | 16.55 trillion | 2024 |
| Lowest | -1.62 trillion | 1994 |
| Average since 2015 | 11.35 trillion | 2015–2024 |
| First recorded | -337.44 billion |
What the numbers say
In 2024, Hungary's net foreign assets (current LCU) rose 2.52 trillion on 2023 (from 14.03 trillion to 16.55 trillion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +508.13 billion and a typical year strayed about 1.03 trillion from that (the standard deviation). This year's change was 2.0 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 2.89 trillion in 2013 and the biggest yearly fall was 1.36 trillion in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 800.63 billion a year. A straight line explains 86% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 16.96 trillion for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 1.39 trillion, against 2.34 trillion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2024, Hungary had the 5th highest value of the 40 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 2024 ranking
- Iraq — 2nd of 40: 167.41 trillion
- Somalia, Fed. Rep. — 3rd of 40: 33.98 trillion
- China — 4th of 40: 30.27 trillion
- Madagascar — 6th of 40: 10.3 trillion
- Mongolia — 7th of 40: 8.6 trillion
- Czechia — 8th of 40: 2.73 trillion
What this measures
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 43 values
| Year | Net foreign assets (current LCU) |
|---|---|
| 2024 | 16,552,503,900,679 |
| 2023 | 14,027,721,136,466 |
| 2022 | 11,334,270,523,483 |
| 2021 | 12,213,001,432,614 |
| 2020 | 12,506,427,905,925 |
| 2019 | 10,800,858,361,880 |
| 2018 | 10,510,827,926,357 |
| 2017 | 8,422,633,671,900 |
| 2016 | 8,766,122,776,059 |
| 2015 | 8,341,153,942,489 |
Net foreign assets (current LCU) in nearby economies
- Albania — 1.12 trillion (2025)
- Armenia — 305.82 billion (2025)
- Austria — 113.77 billion (2024)
- Azerbaijan — 25.43 billion (2025)
- Belarus — 11.41 billion (2021)
- Belgium — 180.33 billion (2024)
- Bosnia and Herzegovina — 23.03 billion (2025)
- Bulgaria — 46.19 billion (2024)
- Croatia — 21.73 billion (2024)
- Cyprus — 31.88 billion (2024)
- Czechia
More financial sector data for Hungary
- GDP deflator (base year varies by country) — 159.07 (2025)
- Inflation, GDP deflator (annual % growth) — 6.27% (2025)
- DEC alternative conversion factor (LCU per US$) — US$353.14 (2025)
- Official exchange rate (LCU per US$, period average) — US$353.14 (2025)
- Consumer price index (2010 = 100) — 191.98 (2025)
- Inflation, consumer prices (annual % growth) — 4.41% (2025)
- Domestic credit to private sector by banks (% of GDP) — 32.1% (2024)
- Net domestic credit (current LCU) — 47.75 trillion (2024)
- Monetary sector credit to private sector (% of GDP) — 32.37% (2024)
Reading data like this
Questions people ask
- What is Hungary's net foreign assets (current LCU)?
- 16.55 trillion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1982?
- It is up 5,005% from -337.44 billion in 1982. The highest value was 16.55 trillion in 2024 and the lowest -1.62 trillion in 1994.
- How does Hungary rank?
- 5th highest of 40 economies with data for 2024.
Source
World Bank, World Development Indicators, indicator FM.AST.NFRG.CN, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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