Insurance and financial services in Hungary
Hungary: Insurance and financial services was 2.3% in 2025. ◆ Volatile
Insurance and financial services in Hungary, 1982–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
Hungary recorded 2.3% for insurance and financial services in 2025.
Compared with earlier readings it is up 1.6% on the previous year and up 51.1% over ten years.
Over the whole period, insurance and financial services in Hungary peaked at 5.4% in 1997 and was at its lowest, 0.1%, in 1992.
Hungary ranks 103rd of 190 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in Hungary, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1982 | 0.6% | — |
| 1983 | 1.0% | +73.5% |
| 1984 | 1.4% | +34.7% |
| 1985 | 1.5% | +6.0% |
| 1986 | 1.1% | -28.9% |
| 1987 | 0.7% | -37.2% |
| 1988 | 0.6% | -5.1% |
| 1989 | 0.5% | -13.9% |
| 1990 | 0.2% | -67.9% |
| 1991 | 0.2% | +30.7% |
| 1992 | 0.1% | -74.9% |
| 1993 | 0.3% | +357.9% |
| 1994 | 0.2% | -28.8% |
| 1995 | 3.8% | +1922.8% |
| 1996 | 4.0% | +4.4% |
| 1997 | 5.4% | +35.2% |
| 1998 | 3.7% | -30.2% |
| 1999 | 3.3% | -12.1% |
| 2000 | 3.4% | +2.3% |
| 2001 | 3.1% | -6.3% |
| 2002 | 2.8% | -12.2% |
| 2003 | 3.0% | +9.9% |
| 2004 | 3.3% | +8.1% |
| 2005 | 1.9% | -41.5% |
| 2006 | 2.0% | +1.6% |
| 2007 | 2.5% | +27.2% |
| 2008 | 2.7% | +8.5% |
| 2009 | 2.6% | -4.7% |
| 2010 | 2.3% | -10.5% |
| 2011 | 2.1% | -9.3% |
| 2012 | 1.7% | -18.1% |
| 2013 | 1.7% | +1.5% |
| 2014 | 1.5% | -14.2% |
| 2015 | 1.5% | +0.1% |
| 2016 | 1.5% | -1.5% |
| 2017 | 1.7% | +15.8% |
| 2018 | 1.7% | +2.9% |
| 2019 | 1.6% | -10.8% |
| 2020 | 2.2% | +38.4% |
| 2021 | 1.9% | -13.2% |
| 2022 | 2.0% | +6.5% |
| 2023 | 2.3% | +14.0% |
| 2024 | 2.2% | -2.6% |
| 2025 | 2.3% | +1.6% |
Hungary compared with similar countries
- Hungary's 2.3% is below the median for high income countries, which is 5.3%, 43% of the median. (69 countries reporting)
- Hungary's 2.3% is below the median for Europe & Central Asia, which is 3.6%, 63% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Hungary changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +1922.8% | 0.2% | 3.8% |
| 1993 | +357.9% | 0.1% | 0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.9% | 0.5% | 1.5% | 8 |
| 1990s | 2.1% | 0.1% | 5.4% | 10 |
| 2000s | 2.7% | 1.9% | 3.4% | 10 |
| 2010s | 1.7% | 1.5% | 2.3% | 10 |
| 2020s | 2.1% | 1.9% | 2.3% | 6 |
Countries ranked near Hungary
More private sector data for Hungary
- Merchandise trade 133.1% (2025)
- Food imports 7.0% (2025)
- Manufactures imports 72.5% (2025)
- Merchandise imports 159.20 billion current US$ (2025)
- Food exports 8.6% (2025)
- Manufactures exports 80.4% (2025)
- Merchandise exports 168.84 billion current US$ (2025)
- Merchandise exports (current US$), per capita 17,746 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.685 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.01 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Hungary?
- Insurance and financial services in Hungary was 2.3% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Hungary?
- The highest recorded value was 5.4% in 1997.
- What is the lowest insurance and financial services recorded in Hungary?
- The lowest recorded value was 0.1% in 1992.
- How does Hungary rank for insurance and financial services?
- Hungary ranks 103rd out of 190 countries with data for 2025.
- Is insurance and financial services rising or falling in Hungary?
- Over the last ten years it is up 51.1%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service exports). Statizoid updates them automatically from the source API.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.