Hungary: Manufacturing value added

* indicates monthly or quarterly data series
 Hungary

Manufacturing value added, billion USD

 Latest value 36.40
 Year 2023
 Measure billion U.S. dollars
 Data availability 1995 - 2023
 Average 21.47
 Min - Max 8.43 - 36.40
 Source The World Bank
The latest value from 2023 is 36.4 billion U.S. dollars, an increase from 30.28 billion U.S. dollars in 2022. In comparison, the world average is 92.84 billion U.S. dollars, based on data from 127 countries. Historically, the average for Hungary from 1995 to 2023 is 21.47 billion U.S. dollars. The minimum value, 8.43 billion U.S. dollars, was reached in 1996 while the maximum of 36.4 billion U.S. dollars was recorded in 2023. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Hungary - Manufacturing value added - Recent values chart

Historical series
Hungary - Manufacturing value added - historical chart - 1995-2023




Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Share of industry 24.32 2023 percent
 Share of manufacturing 17.14 2023 percent
 Share of services 57.56 2023 percent
 Industry value added 51.65 2023 billion U.S. dollars
 Manufacturing value added 36.40 2023 billion U.S. dollars
 Services value added 122.24 2023 billion U.S. dollars
 Savings, percent of GDP 26.31 2023 percent
 Savings, in dollars 55.89 2023 billion U.S. dollars
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