Hungary: Productivity, relative to the U.S.

* indicates monthly or quarterly data series
 Hungary

GDP per hour worked, index relative to the U.S.

 Latest value 56.60
 Year 2022
 Measure index points
 Data availability 1991 - 2022
 Average 44.67
 Min - Max 29.94 - 56.60
 Source OECD
The latest value from 2022 is 56.6 index points, an increase from 54.26 index points in 2021. In comparison, the world average is 81.93 index points, based on data from 37 countries. Historically, the average for Hungary from 1991 to 2022 is 44.67 index points. The minimum value, 29.94 index points, was reached in 1991 while the maximum of 56.6 index points was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Hungary - Productivity, relative to the U.S. - Recent values chart

Historical series
Hungary - Productivity, relative to the U.S. - historical chart - 1991-2022




Definition: The index sets the level of GDP per hour worked in the U.S. to 100 and uses it as basis to compare other countries. Countries with an index greater (smaller) than 100 have greater (lower) labor productivity than the U.S. The GDP used in the calculation is adjusted for Purchasing Power Parity to account for price differences across countries.

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 Related indicators Latest Reference Measure
 Economic growth -0.91 2023 percent
 GDP, constant dollars 156.2 2023 billion U.S. dollars
 GDP, current U.S. dollars 212.39 2023 billion U.S. dollars
 GDP per capita, current dollars 22,147.21 2023 U.S. dollars
 GDP per capita, PPP 40,554 2023 U.S. dollars
 GDP per capita, constant dollars 16,286.76 2023 U.S. dollars
 Productivity, relative to the U.S. 56.60 2022 index points
 Productivity, current USD 51.8 2022 USD per hour worked
 Economic growth, quarterly 1.30 Q2/2024 percent
 Economic growth Q-on-Q -0.20 Q2/2024 percent
 Gross Domestic Product (GDP) 20,505.19 Q2/2024 billion
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