Denmark vs Hungary: Total factoring volume to GDP

Denmark
6.4%
in 2020
Hungary
7.0%
in 2020
Denmark rank
24th
Hungary rank
23rd

Total factoring volume to GDP over time

  • Denmark
  • Hungary
234567200720132020

How they compare

Hungary currently reports 7.0% against 6.4% in Denmark, a difference of 0.6%.

That makes Hungary's figure about 1.1 times Denmark's.

The two have swapped places 5 times across 14 shared years of data; in 2007 it was Denmark ahead.

Denmark ranks 24th and Hungary ranks 23rd of 73 countries.

Across the 3 decades both report, Denmark averaged higher in 2 and Hungary in 1.

Head to head by decade

Decade Denmark Hungary Difference Ahead
2000s 3.0% 2.9% 0.1% Denmark
2010s 4.4% 3.6% 0.8% Denmark
2020s 6.4% 7.0% 0.5% Hungary

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total factoring volume to gdp, Denmark or Hungary?
Hungary, at 7.0% against 6.4% in Denmark as of 2020.
What is the difference in total factoring volume to gdp between Denmark and Hungary?
0.6%, with Hungary ahead.
How many years of comparable data are there for Denmark and Hungary?
14 years are reported by both, from 2007 to 2020.
How do Denmark and Hungary rank globally for total factoring volume to gdp?
Denmark ranks 24th and Hungary ranks 23rd of 73 countries.
Where does this data come from?
Factors Chain International, published as Total factoring volume to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Denmark vs Hungary: Total factoring volume to GDP. Statizoid, drawing on Factors Chain International. Retrieved 23 August 2026, from https://financial-sector.statizoid.com/compare/total-factoring-volume-to-gdp-percent/denmark/hungary/

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About this data

Indicator
Total factoring volume to GDP (%)
Unit
%
Source
Factors Chain International
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
73 places, 947 data points, 2007–2020
Last refreshed

GDP data provided by IFS and converted into USD using IFS exchange rates.