Hungary: Savings, percent of GDP
* indicates monthly or quarterly data series
| Hungary |
Savings as percent of GDP |
|---|---|
| Latest value | 25.96 |
| Year | 2024 |
| Measure | percent |
| Data availability | 1991 - 2024 |
| Average | 21.27 |
| Min - Max | 12.17 - 27.93 |
| Source | The World Bank |
The latest value from 2024 is 25.96 percent, a decline from 26.34 percent in 2023. In comparison, the world average is 22.88 percent, based on data from 84 countries. Historically, the average for Hungary from 1991 to 2024 is 21.27 percent. The minimum value, 12.17 percent, was reached in 1993 while the maximum of 27.93 percent was recorded in 2019.
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* indicates monthly or quarterly data series
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The savings in Hungary and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 23.88 | 2024 | percent |
| Share of manufacturing | 15.81 | 2024 | percent |
| Share of services | 59.73 | 2024 | percent |
| Industry value added | 53.23 | 2024 | billion U.S. dollars |
| Manufacturing value added | 35.24 | 2024 | billion U.S. dollars |
| Services value added | 133.14 | 2024 | billion U.S. dollars |
| Savings, percent of GDP | 25.96 | 2024 | percent |
| Savings, in dollars | 57.86 | 2024 | billion U.S. dollars |