Hungary - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Hungary was 80.22 as of 2020. Its highest value over the past 60 years was 85.86 in 1999, while its lowest value was 30.22 in 1968.

Definition: Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 72.84
1961 74.31
1968 30.22
1969 30.41
1970 32.34
1971 33.15
1972 32.30
1973 33.99
1974 40.33
1975 34.57
1976 41.17
1977 42.46
1978 43.80
1979 42.67
1980 43.64
1981 43.11
1982 39.73
1983 38.41
1984 38.51
1985 42.69
1986 41.89
1987 44.03
1988 46.75
1989 50.93
1990 60.73
1991 68.75
1992 67.24
1993 66.18
1994 78.30
1995 78.07
1996 77.13
1997 82.74
1998 85.51
1999 85.86
2000 82.45
2001 81.52
2002 79.80
2003 79.13
2004 79.84
2005 79.87
2006 79.43
2007 79.36
2008 77.41
2009 78.57
2010 77.31
2011 77.05
2012 77.46
2013 77.46
2014 80.80
2015 83.10
2016 84.01
2017 82.23
2018 80.54
2019 80.59
2020 80.22

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports