Current account balance (credit less debit), Net (credits less debits) in Hungary
Hungary: Current account balance (credit less debit), Net (credits less debits) 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 debits) 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% |
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
- Net domestic credit (current LCU), per capita 4.99 million current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 214.29 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 9.38 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 123.80 million SDR (2025)
- Gold reserves at market value 11.28 billion SDR (2025)
- Reserves excluding gold, foreign exchange 29.95 billion SDR (2025)
- Reserves excluding gold 31.87 billion SDR (2025)
- Total reserves (gold at market value) 43.15 billion SDR (2025)
- Total reserves (gold at national valuation) 43.04 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 4,524 SDR per person (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.