Trade balance in low carbon technology products, Percent of GDP in Hungary
Hungary: Trade balance in low carbon technology products, Percent of GDP was 5.13 in 2024. ◆ Volatile
Trade balance in low carbon technology products, Percent of GDP in Hungary, 1994–2024
Source: International Monetary Fund.
Analysis
Hungary recorded 5.13 for trade balance in low carbon technology products, percent of gdp in 2024.
Compared with earlier readings it is down 21.7% on the previous year and up 181.5% over ten years.
Over the whole period, trade balance in low carbon technology products, percent of gdp in Hungary peaked at 6.54 in 2023 and was at its lowest, -1.15, in 2000.
Hungary ranks 2nd of 177 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Trade balance in low carbon technology products, Percent of GDP in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | -0.2802 | — |
| 1995 | -0.1747 | -37.6% |
| 1996 | -0.1162 | -33.5% |
| 1997 | -0.0932 | -19.8% |
| 1998 | -0.2066 | +121.7% |
| 1999 | -0.7692 | +272.4% |
| 2000 | -1.15 | +50.0% |
| 2001 | -0.6695 | -42.0% |
| 2002 | -0.1208 | -82.0% |
| 2003 | -0.7943 | +557.7% |
| 2004 | -1.11 | +39.7% |
| 2005 | -0.8204 | -26.1% |
| 2006 | -0.0325 | -96.0% |
| 2007 | 0.4161 | -1380.4% |
| 2008 | 0.2646 | -36.4% |
| 2009 | 0.7831 | +196.0% |
| 2010 | 0.985 | +25.8% |
| 2011 | 1.35 | +37.3% |
| 2012 | 1.8 | +33.0% |
| 2013 | 1.71 | -5.0% |
| 2014 | 1.82 | +6.5% |
| 2015 | 1.52 | -16.8% |
| 2016 | 2.26 | +49.3% |
| 2017 | 1.83 | -19.2% |
| 2018 | 1.66 | -9.0% |
| 2019 | 1.12 | -32.8% |
| 2020 | 2.36 | +110.7% |
| 2021 | 3.13 | +32.7% |
| 2022 | 4.91 | +57.1% |
| 2023 | 6.54 | +33.2% |
| 2024 | 5.13 | -21.7% |
Hungary compared with similar countries
- Hungary's 5.13 is above the median for high income countries, which is -0.5764. (62 countries reporting)
- Hungary's 5.13 is above the median for Europe & Central Asia, which is -0.5163. (48 countries reporting)
Biggest year-on-year movements
Years where Trade balance in low carbon technology products, Percent of GDP in Hungary changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +1380.4% | -0.0325 | 0.4161 |
| 2003 | -557.7% | -0.1208 | -0.7943 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.2733 | -0.7692 | -0.0932 | 6 |
| 2000s | -0.3237 | -1.15 | 0.7831 | 10 |
| 2010s | 1.61 | 0.985 | 2.26 | 10 |
| 2020s | 4.41 | 2.36 | 6.54 | 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 trade balance in low carbon technology products, percent of gdp in Hungary?
- Trade balance in low carbon technology products, percent of gdp in Hungary was 5.13 in 2024, according to International Monetary Fund.
- What is the highest trade balance in low carbon technology products, percent of gdp recorded in Hungary?
- The highest recorded value was 6.54 in 2023.
- What is the lowest trade balance in low carbon technology products, percent of gdp recorded in Hungary?
- The lowest recorded value was -1.15 in 2000.
- How does Hungary rank for trade balance in low carbon technology products, percent of gdp?
- Hungary ranks 2nd out of 177 countries with data for 2024.
- Is trade balance in low carbon technology products, percent of gdp rising or falling in Hungary?
- Over the last ten years it is up 181.5%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from International Monetary Fund, published as part of Trade balance in low carbon technology products, Percent of GDP (World). Statizoid updates them automatically from the source API.
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About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.