Services balance (credit less debit), Net (credits less debits) in Hungary
Hungary: Services balance (credit less debit), Net (credits less debits) was 10.95 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Hungary, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services balance (credit less debit), net (credits less debits) in Hungary stood at 10.95 billion. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 8.2% on the previous year and up 80.2% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Hungary peaked at 10.95 billion in 2024 and was at its lowest, 1.36 billion, in 2005.
Hungary ranks 22nd of 197 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.36 billion | — |
| 2006 | 1.68 billion | +23.4% |
| 2007 | 1.41 billion | -15.9% |
| 2008 | 2.07 billion | +46.6% |
| 2009 | 1.71 billion | -17.3% |
| 2010 | 3.59 billion | +109.6% |
| 2011 | 4.75 billion | +32.2% |
| 2012 | 4.92 billion | +3.7% |
| 2013 | 4.99 billion | +1.4% |
| 2014 | 6.07 billion | +21.6% |
| 2015 | 5.42 billion | -10.8% |
| 2016 | 6.76 billion | +24.7% |
| 2017 | 7.84 billion | +16.0% |
| 2018 | 9.50 billion | +21.2% |
| 2019 | 7.95 billion | -16.3% |
| 2020 | 4.74 billion | -40.4% |
| 2021 | 5.36 billion | +13.1% |
| 2022 | 7.19 billion | +34.3% |
| 2023 | 10.11 billion | +40.6% |
| 2024 | 10.95 billion | +8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.65 billion | 1.36 billion | 2.07 billion | 5 |
| 2010s | 6.18 billion | 3.59 billion | 9.50 billion | 10 |
| 2020s | 7.67 billion | 4.74 billion | 10.95 billion | 5 |
Countries ranked near Hungary
More financial sector data for Hungary
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 12.7 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1215 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 3,147 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 11.75 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 3,350 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 21.22 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 4,535 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 20.86 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 4,524 SDR per person (2025)
- Total reserves (gold at national valuation) 43.04 billion SDR (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Hungary?
- Services balance (credit less debit), net (credits less debits) in Hungary was 10.95 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Hungary?
- The highest recorded value was 10.95 billion in 2024.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Hungary?
- The lowest recorded value was 1.36 billion in 2005.
- How does Hungary rank for services balance (credit less debit), net (credits less debits)?
- Hungary ranks 22nd out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Hungary?
- Over the last ten years it is up 80.2%. 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 Services 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.