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Manufacturing, Added Value (As % of GDP) fell 2.13% to 17.0% in Hungary in 2021

Manufacturing, Added Value (As % of GDP) (%), 2021
Economy | Hungary | March 1, 2023
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Added value in manufacturing as a share of GDP fell 2.13% to 17.0% in Hungary in 2021, according to the National Statistical Office.

Historically, added value in manufacturing as a share of GDP in Hungary reached an all time high of 20.2% in 2015 and an all time low of 17.0% in 2021. When compared to Hungary's main peers, added value in manufacturing as a share of GDP in Austria amounted to 16.5%, 21.1% in Czechia, 16.7% in Poland and 19.7% in Slovakia in 2021.

Hungary has been ranked 37th within the group of 146 countries we follow in terms of added value in manufacturing as a share of GDP, 11 places below the position seen 10 years ago.

Manufacturing, Added Value (As % of GDP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Austria % 16.7% 17.0% 16.8% 16.8% 16.6%
Czechia % 23.9% 24.0% 23.5% 22.7% 22.6%
Germany % 20.3% 20.7% 20.4% 20.0% 19.6%
Hungary % 20.2% 19.6% 19.1% 18.5% 17.4%
Italy % 14.4% 14.8% 14.9% 15.0% 14.9%
Poland % 17.9% 18.5% 17.1% 16.8% 16.9%
Russia % ... 12.4% 11.7% 12.3% 12.8% 13.0%
Slovakia % 19.6% 18.6% 17.9% 18.9% 19.8%
Switzerland % 17.1% 17.3% 17.5% 17.7% 17.9%
Ukraine % 11.9% 12.2% 12.0% 11.5% 10.8%