Hungary - Industry

Industry, value added per worker (constant 2010 US$)

The latest value for Industry, value added per worker (constant 2010 US$) in Hungary was 25,577 as of 2019. Over the past 24 years, the value for this indicator has fluctuated between 26,753 in 2007 and 14,848 in 1995.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1995 14,848
1996 15,438
1997 17,279
1998 17,617
1999 18,003
2000 19,013
2001 19,249
2002 20,786
2003 21,889
2004 23,434
2005 24,793
2006 25,909
2007 26,753
2008 25,875
2009 23,943
2010 25,414
2011 25,147
2012 25,135
2013 24,330
2014 24,064
2015 25,309
2016 24,287
2017 24,126
2018 24,338
2019 25,577

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Hungary was $38,202,360,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $40,786,370,000 in 2008 and $11,856,970,000 in 1996.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 $11,980,400,000
1996 $11,856,970,000
1997 $13,143,970,000
1998 $13,684,380,000
1999 $13,503,890,000
2000 $12,771,890,000
2001 $14,586,580,000
2002 $18,123,940,000
2003 $22,505,910,000
2004 $27,957,080,000
2005 $30,772,800,000
2006 $31,465,220,000
2007 $37,432,610,000
2008 $40,786,370,000
2009 $32,884,420,000
2010 $33,308,060,000
2011 $35,633,330,000
2012 $32,227,010,000
2013 $33,987,670,000
2014 $36,232,360,000
2015 $33,024,990,000
2016 $32,785,850,000
2017 $36,020,880,000
2018 $40,276,590,000
2019 $40,532,110,000
2020 $38,202,360,000

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Hungary was 11,766,200,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 11,781,100,000,000 in 2019 and a minimum value of 1,506,140,000,000 in 1995.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 1,506,140,000,000
1996 1,809,930,000,000
1997 2,455,150,000,000
1998 2,933,960,000,000
1999 3,202,390,000,000
2000 3,603,960,000,000
2001 4,178,870,000,000
2002 4,673,500,000,000
2003 5,048,230,000,000
2004 5,668,180,000,000
2005 6,141,710,000,000
2006 6,619,970,000,000
2007 6,873,590,000,000
2008 7,019,880,000,000
2009 6,653,890,000,000
2010 6,926,220,000,000
2011 7,164,260,000,000
2012 7,254,440,000,000
2013 7,602,870,000,000
2014 8,427,710,000,000
2015 9,224,950,000,000
2016 9,229,980,000,000
2017 9,885,330,000,000
2018 10,883,200,000,000
2019 11,781,100,000,000
2020 11,766,200,000,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Hungary was 34,529,960,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 37,390,480,000 in 2019 and 18,454,410,000 in 1995.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 18,454,410,000
1996 18,833,090,000
1997 20,958,030,000
1998 22,686,630,000
1999 23,823,460,000
2000 24,956,460,000
2001 25,916,650,000
2002 27,795,450,000
2003 29,072,720,000
2004 30,550,820,000
2005 31,935,610,000
2006 33,343,650,000
2007 34,536,760,000
2008 32,729,570,000
2009 28,584,470,000
2010 29,798,110,000
2011 29,786,010,000
2012 29,123,040,000
2013 28,771,610,000
2014 30,664,380,000
2015 33,024,990,000
2016 32,875,320,000
2017 34,328,670,000
2018 35,796,410,000
2019 37,390,480,000
2020 34,529,960,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Hungary was -7.65 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 11.28 in 1997 and a minimum value of -12.66 in 2009.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1996 2.05
1997 11.28
1998 8.25
1999 5.01
2000 4.76
2001 3.85
2002 7.25
2003 4.60
2004 5.08
2005 4.53
2006 4.41
2007 3.58
2008 -5.23
2009 -12.66
2010 4.25
2011 -0.04
2012 -2.23
2013 -1.21
2014 6.58
2015 7.70
2016 -0.45
2017 4.42
2018 4.28
2019 4.45
2020 -7.65

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Hungary was 9,645,340,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 10,444,400,000,000 in 2019 and a minimum value of 5,154,920,000,000 in 1995.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 5,154,920,000,000
1996 5,260,700,000,000
1997 5,854,260,000,000
1998 6,337,110,000,000
1999 6,654,670,000,000
2000 6,971,150,000,000
2001 7,239,360,000,000
2002 7,764,170,000,000
2003 8,120,960,000,000
2004 8,533,840,000,000
2005 8,920,650,000,000
2006 9,313,970,000,000
2007 9,647,240,000,000
2008 9,142,430,000,000
2009 7,984,570,000,000
2010 8,323,580,000,000
2011 8,320,200,000,000
2012 8,135,010,000,000
2013 8,036,850,000,000
2014 8,565,560,000,000
2015 9,224,950,000,000
2016 9,183,150,000,000
2017 9,589,110,000,000
2018 9,999,100,000,000
2019 10,444,400,000,000
2020 9,645,340,000,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Hungary was 24.52 as of 2020. Its highest value over the past 25 years was 28.10 in 1998, while its lowest value was 24.52 in 2020.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 25.81
1996 25.41
1997 27.79
1998 28.10
1999 27.52
2000 27.05
2001 27.14
2002 26.81
2003 26.38
2004 26.85
2005 27.18
2006 27.18
2007 26.69
2008 25.75
2009 25.08
2010 25.19
2011 25.09
2012 25.01
2013 25.04
2014 25.68
2015 26.38
2016 25.49
2017 25.17
2018 25.08
2019 24.79
2020 24.52

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts