Hungary - Manufacturing Gross Value Added
Since 2015, Hungary Manufacturing Gross Value Added increased 1% year on year. With €24,011 Million in 2020, the country was ranked number 32 comparing other countries in Manufacturing Gross Value Added. Hungary is overtaken by Finland, which was number 31 with €32,849 Million and is followed by Portugal with €24,005.2 Million. China lead the ranking with €3,357,316.8 Million in 2019, that is an increase of 4.4% versus 2018. United States, Japan and Germany respectively ranked number 2, 3 and 4 in this ranking. Albania witnessed the best average annual growth at +10% per year, while Norway witnessed the worst performance at -2.3% per year.
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| Date | Million Euros |
|---|---|
| 2020 | 24,011.00 |
| 2019 | 25,834.70 |
| 2018 | 25,319.40 |
| 2017 | 24,320.20 |
| 2016 | 22,791.40 |
Download all data from 1995 to 2020
How does Hungary rank in Manufacturing Gross Value Added?
| # | 55 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
3,357,316.80 | 2019 | +4.4 % | +7.0 % | View data | |
| 2 |
#2
United States
|
2,009,032.70 | 2019 | +2.4 % | +5.5 % | View data | |
| 31 |
#31
Finland
|
32,849.00 | 2020 | -5.4 % | +1.1 % | View data | |
| 32 |
#32
Hungary
|
24,011.00 | 2020 | -7.1 % | +1.0 % | View data | |
| 33 |
#33
Portugal
|
24,005.20 | 2020 | -6.0 % | +1.9 % | View data | |