Merchandise exports to low- and middle-income economies in Latin in Hungary
Hungary: Merchandise exports to low- and middle-income economies in Latin was 1.2% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Latin in Hungary, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies in latin in Hungary is 1.2%, measured in 2023.
That represents a change of up 4.7% on the previous year and up 31.5% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Hungary peaked at 6.0% in 1961 and was at its lowest, 0.3%, in 1997.
That places Hungary 94th out of 203 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in Latin in Hungary, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 5.6% | — |
| 1961 | 6.0% | +7.0% |
| 1968 | 2.3% | -61.8% |
| 1969 | 3.0% | +29.8% |
| 1970 | 2.2% | -27.9% |
| 1971 | 2.1% | -2.4% |
| 1972 | 1.4% | -35.8% |
| 1973 | 2.2% | +64.1% |
| 1974 | 2.2% | +0.7% |
| 1975 | 2.9% | +30.1% |
| 1976 | 2.8% | -2.0% |
| 1977 | 1.9% | -33.3% |
| 1978 | 1.9% | +2.0% |
| 1979 | 1.9% | -3.1% |
| 1980 | 1.7% | -8.9% |
| 1981 | 2.4% | +42.2% |
| 1982 | 2.6% | +7.5% |
| 1983 | 3.2% | +22.2% |
| 1984 | 3.4% | +7.5% |
| 1985 | 3.0% | -13.4% |
| 1986 | 2.8% | -4.6% |
| 1987 | 2.2% | -21.5% |
| 1988 | 1.7% | -24.4% |
| 1989 | 1.9% | +15.0% |
| 1990 | 1.1% | -42.4% |
| 1991 | 1.2% | +8.7% |
| 1992 | 0.5% | -55.2% |
| 1993 | 0.5% | -5.6% |
| 1994 | 0.4% | -20.5% |
| 1995 | 0.4% | +1.0% |
| 1996 | 0.5% | +22.6% |
| 1997 | 0.3% | -33.3% |
| 1998 | 0.7% | +111.7% |
| 1999 | 0.6% | -22.6% |
| 2000 | 0.5% | -5.7% |
| 2001 | 0.5% | -1.7% |
| 2002 | 0.5% | +1.4% |
| 2003 | 0.4% | -30.8% |
| 2004 | 0.4% | +24.8% |
| 2005 | 0.5% | +4.3% |
| 2006 | 0.4% | -7.1% |
| 2007 | 0.4% | -6.4% |
| 2008 | 0.5% | +16.5% |
| 2009 | 0.5% | -1.3% |
| 2010 | 0.6% | +30.7% |
| 2011 | 0.7% | +7.2% |
| 2012 | 0.9% | +36.3% |
| 2013 | 1.0% | +6.5% |
| 2014 | 0.9% | -4.1% |
| 2015 | 1.0% | +8.2% |
| 2016 | 1.0% | -0.9% |
| 2017 | 1.3% | +29.8% |
| 2018 | 1.1% | -15.9% |
| 2019 | 1.1% | +0.7% |
| 2020 | 0.9% | -11.9% |
| 2021 | 1.1% | +16.6% |
| 2022 | 1.2% | +8.3% |
| 2023 | 1.2% | +4.7% |
Hungary compared with similar countries
- Hungary's 1.2% is below the median for high income countries, which is 1.7%, 74% of the median. (74 countries reporting)
- Hungary's 1.2% is above the median for Europe & Central Asia, which is 0.8%, 1.6× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.2% | 2.3% | 6.0% | 4 |
| 1970s | 2.2% | 1.4% | 2.9% | 10 |
| 1980s | 2.5% | 1.7% | 3.4% | 10 |
| 1990s | 0.6% | 0.3% | 1.2% | 10 |
| 2000s | 0.5% | 0.4% | 0.5% | 10 |
| 2010s | 0.9% | 0.6% | 1.3% | 10 |
| 2020s | 1.1% | 0.9% | 1.2% | 4 |
Countries ranked near Hungary
- 91 Equatorial Guinea 1.3% compare
- 92 Cote d'Ivoire 1.3% compare
- 93 Jordan 1.3% compare
- 95 Georgia 1.2% compare
- 96 South Africa 1.1% compare
- 97 Singapore 1.1% compare
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 merchandise exports to low- and middle-income economies in latin in Hungary?
- Merchandise exports to low- and middle-income economies in latin in Hungary was 1.2% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in latin recorded in Hungary?
- The highest recorded value was 6.0% in 1961.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Hungary?
- The lowest recorded value was 0.3% in 1997.
- How does Hungary rank for merchandise exports to low- and middle-income economies in latin?
- Hungary ranks 94th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Hungary?
- Over the last ten years it is up 31.5%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.