Hungary - Agriculture, value added (current LCU)

The value for Agriculture, value added (current LCU) in Hungary was 1,620,860,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 1,620,860,000,000 in 2020 and a minimum value of 418,945,000,000 in 1995.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in current local currency.

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

Year Value
1995 418,945,000,000
1996 517,256,000,000
1997 558,546,000,000
1998 630,381,000,000
1999 618,003,000,000
2000 657,470,000,000
2001 756,752,000,000
2002 742,821,000,000
2003 746,429,000,000
2004 918,796,000,000
2005 840,846,000,000
2006 860,759,000,000
2007 897,506,000,000
2008 940,932,000,000
2009 810,593,000,000
2010 833,944,000,000
2011 1,140,170,000,000
2012 1,128,290,000,000
2013 1,188,910,000,000
2014 1,291,210,000,000
2015 1,325,030,000,000
2016 1,408,490,000,000
2017 1,474,450,000,000
2018 1,512,620,000,000
2019 1,588,700,000,000
2020 1,620,860,000,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts