Services, Debit/Expenditure in Hungary
Hungary: Services, Debit/Expenditure was 27.94 billion in 2024. ▲ Rising
Services, Debit/Expenditure in Hungary, 2005–2024
Source: International Monetary Fund.
Analysis
Hungary recorded 27.94 billion for services, debit/expenditure in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 2.6% on the previous year and up 48.5% over ten years.
Over the whole period, services, debit/expenditure in Hungary peaked at 27.94 billion in 2024 and was at its lowest, 11.76 billion, in 2005.
That places Hungary 44th out of 198 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Debit/Expenditure in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 11.76 billion | — |
| 2006 | 12.39 billion | +5.3% |
| 2007 | 16.29 billion | +31.5% |
| 2008 | 18.70 billion | +14.7% |
| 2009 | 17.12 billion | -8.4% |
| 2010 | 16.05 billion | -6.3% |
| 2011 | 17.82 billion | +11.0% |
| 2012 | 15.83 billion | -11.2% |
| 2013 | 17.61 billion | +11.3% |
| 2014 | 18.81 billion | +6.8% |
| 2015 | 17.05 billion | -9.4% |
| 2016 | 17.43 billion | +2.2% |
| 2017 | 19.10 billion | +9.6% |
| 2018 | 20.43 billion | +7.0% |
| 2019 | 22.18 billion | +8.6% |
| 2020 | 17.98 billion | -18.9% |
| 2021 | 21.53 billion | +19.7% |
| 2022 | 23.77 billion | +10.4% |
| 2023 | 27.23 billion | +14.6% |
| 2024 | 27.94 billion | +2.6% |
Hungary compared with similar countries
- Hungary's 27.94 billion is above the median for high income countries, which is 18.44 billion, 1.5× the median. (72 countries reporting)
- Hungary's 27.94 billion is above the median for Europe & Central Asia, which is 18.83 billion, 1.5× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.25 billion | 11.76 billion | 18.70 billion | 5 |
| 2010s | 18.23 billion | 15.83 billion | 22.18 billion | 10 |
| 2020s | 23.69 billion | 17.98 billion | 27.94 billion | 5 |
Countries ranked near Hungary
More trade data for Hungary
- Commodity Net Export Price Index, Individual Commodities Weighted by 106.11 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 100.58 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.69 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 93.76 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.12 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 85.88 (2025)
- Imports of low carbon technology products, Percent of GDP 4.95 (2024)
- Imports of low carbon technology products, US dollar (World), per 1,155 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0496 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 22.48 billion (2024)
Frequently asked questions
- What is services, debit/expenditure in Hungary?
- Services, debit/expenditure in Hungary was 27.94 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Hungary?
- The highest recorded value was 27.94 billion in 2024.
- What is the lowest services, debit/expenditure recorded in Hungary?
- The lowest recorded value was 11.76 billion in 2005.
- How does Hungary rank for services, debit/expenditure?
- Hungary ranks 44th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Hungary?
- Over the last ten years it is up 48.5%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.