Hungary - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Hungary was 1.70 as of 2020. Its highest value over the past 29 years was 8.40 in 2016, while its lowest value was -7.18 in 1993.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1991 -0.83
1992 -0.21
1993 -7.18
1994 -5.66
1995 -0.01
1996 0.47
1997 0.96
1998 -1.57
1999 -2.74
2000 -3.69
2001 -1.29
2002 -2.05
2003 -3.94
2004 -4.32
2005 -2.78
2006 -1.45
2007 0.14
2008 0.04
2009 3.45
2010 4.75
2011 5.72
2012 6.11
2013 6.47
2014 5.85
2015 7.73
2016 8.40
2017 6.61
2018 4.25
2019 2.32
2020 1.70

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts