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