Services balance (credit less debit), Net (credits less debits) (US) in Hungary
Hungary: Services balance (credit less debit), Net (credits less debits) (US) 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) (US) 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% |
Hungary compared with similar countries
- Hungary's 10.95 billion is above the median for high income countries, which is 910.63 million, 12.0× the median. (72 countries reporting)
- Hungary's 10.95 billion is above the median for Europe & Central Asia, which is 2.79 billion, 3.9× the median. (50 countries reporting)
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
- 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 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.