GDP in Hungary averaged 61.35 USD Billion from 1968 until 2019, reaching an all time high of 160.97 USD Billion in 2019 and a record low of 4.69 USD Billion in 1968. Hungary's Top Exports in 2019: 10.3% ($12.6 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars. Hungary Economic Growth Next year, GDP is seen recovering from the pandemic’s fallout as private spending rebounds, external demand returns on the back of a reopening of the global economy and inflows of EU funding provide further support. ; 6.03% ($7.36 billion): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05. Hungary exports from Belgium was US$3.02 Billion during 2019, according to the United Nations COMTRADE database on international trade. In 2019, exports for Hungary was 134,368 million US dollars. In 2019, the amount of manicure or pedicure sets and instruments exported from Hungary fell to X tonnes, reducing by -X% against the year before. Though Hungary exports fluctuated substantially in recent years, it tended to increase through 2000 - 2019 period ending at 134,368 million US dollars in 2019. Overall, exports, however, recorded a prominent expansion. The composition of total exports of goods in 2019 in the 24 CPA groups in table 1 is shown Figure 1. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Total Exports (2019) $122,180,657,695 : Total Imports (2019) $117,324,011,167 : Trade Balance (2019) $4,856,646,528 : Exports of goods and services (% of GDP) (2019) 83.33%: Imports of goods and services (% of GDP) (2019) 79.65% During the last five reported years the exports of Hungary have changed by … Exports from Hungary. In 2018, Hungary exported a total of $122B, making it the number 35 exporter in the world. The Gross Domestic Product (GDP) in Hungary was worth 160.97 billion US dollars in 2019, according to official data from the World Bank. What did Hungary export in 2019? Education Latest Trend Ranking; Education spending Indicator: 8 761 Tertiary US dollars/student 2015 Hungary US dollars/student: Tertiary US dollars/student 1995-2015 Hungary (red) Details may not equal totals due to rounding. 2019 : U.S. trade in goods with Hungary NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. The top two products 'Machinery and equipment n.e.c.' Hungary's economy is booming as retail sales increase and 4 percent growth is expected in 2018 and 2019 Jul 04, 2018 Mihály Varga said international economic players agree with the government’s assessment that Hungary is on a sustainable growth path, which allows the economy to expand 82.2 Exports % of GDP 2019 Hungary % of GDP: Exports % of GDP 2000-2019 Hungary (red) Exports % of GDP 2019 Hungary (red) Find all indicators on Economy. Domestic demand is fuelled by strong private consumption, reflecting high real income gains, and dynamic business and housing investments. 31 January 2019 - Economic Survey of Hungary Growth is expected to have risen further to 4½ per cent in 2018, following past strong performance. Hungary exports from Belgium - data, historical chart and statistics - was last updated on June of 2020. The GDP value of Hungary represents 0.13 percent of the world economy. That said, the unpredictable evolution of the pandemic poses a downside risk to the outlook. 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