Hungary - Trade in services (% of GDP)

Trade in services (% of GDP) in Hungary was 26.18 as of 2020. Its highest value over the past 29 years was 32.37 in 2016, while its lowest value was 13.00 in 1991.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1991 13.00
1992 15.61
1993 13.60
1994 14.07
1995 24.27
1996 26.17
1997 25.82
1998 25.06
1999 24.59
2000 26.14
2001 26.66
2002 23.67
2003 23.61
2004 21.54
2005 21.98
2006 22.86
2007 24.25
2008 24.92
2009 27.42
2010 26.99
2011 28.44
2012 28.38
2013 29.65
2014 30.99
2015 31.58
2016 32.37
2017 32.18
2018 31.37
2019 31.98
2020 26.18

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments