Current account balance (credit less debit), Net (credits less) in Hungary
Hungary: Current account balance (credit less debit), Net (credits less) was 3.52 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Hungary, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, current account balance (credit less debit), net (credits less debits) in Hungary stood at 3.52 billion.
That represents a change of up 45,798.3% on the previous year and up 234.0% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Hungary peaked at 5.68 billion in 2016 and was at its lowest, -15.70 billion, in 2022.
Hungary ranks 36th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less) in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -11.18 billion | — |
| 2006 | -8.42 billion | -24.7% |
| 2007 | -10.21 billion | +21.2% |
| 2008 | -11.50 billion | +12.6% |
| 2009 | -1.60 billion | -86.1% |
| 2010 | -248.26 million | -84.4% |
| 2011 | 607.73 million | -344.8% |
| 2012 | 1.39 billion | +128.1% |
| 2013 | 4.06 billion | +192.7% |
| 2014 | 1.05 billion | -74.0% |
| 2015 | 2.65 billion | +151.5% |
| 2016 | 5.68 billion | +114.0% |
| 2017 | 2.46 billion | -56.6% |
| 2018 | 549.49 million | -77.7% |
| 2019 | -1.00 billion | -282.1% |
| 2020 | -1.64 billion | +63.8% |
| 2021 | -7.85 billion | +379.2% |
| 2022 | -15.70 billion | +99.9% |
| 2023 | -7.71 million | -100.0% |
| 2024 | 3.52 billion | -45798.3% |
Hungary compared with similar countries
- Hungary's 3.52 billion is above the median for high income countries, which is 547.38 million, 6.4× the median. (72 countries reporting)
- Hungary's 3.52 billion is above the median for Europe & Central Asia, which is -449.44 million. (50 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) in Hungary changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | +45798.3% | -7.71 million | 3.52 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -8.58 billion | -11.50 billion | -1.60 billion | 5 |
| 2010s | 1.72 billion | -1.00 billion | 5.68 billion | 10 |
| 2020s | -4.33 billion | -15.70 billion | 3.52 billion | 5 |
Countries ranked near Hungary
- 33 Papua New Guinea 4.77 billion compare
- 34 Azerbaijan 4.67 billion compare
- 35 Luxembourg 4.10 billion compare
- 37 Slovenia 3.32 billion compare
- 38 Guatemala 3.27 billion compare
- 39 Oman 3.07 billion compare
More financial sector data for Hungary
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 43.35 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 31.66 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 43.35 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Hungary?
- Current account balance (credit less debit), net (credits less debits) in Hungary was 3.52 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Hungary?
- The highest recorded value was 5.68 billion in 2016.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Hungary?
- The lowest recorded value was -15.70 billion in 2022.
- How does Hungary rank for current account balance (credit less debit), net (credits less debits)?
- Hungary ranks 36th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Hungary?
- Over the last ten years it is up 234.0%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.