Hungary - Services

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

The latest value for Services, value added per worker (constant 2010 US$) in Hungary was 28,051 as of 2019. Over the past 24 years, the value for this indicator has fluctuated between 28,051 in 2019 and 19,558 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. Services corresponds to the International Standard Industrial Classification (ISIC) tabulation categories G-P (revision 3) or tabulation categories G-U (revision 4), and includes wholesale and retail trade and restaurants and hotels; transport, storage, and communications; financing, insurance, real estate, and business services; and community, social and personal services.

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 19,558
1996 20,283
1997 20,276
1998 20,704
1999 19,985
2000 20,524
2001 21,301
2002 22,267
2003 22,302
2004 22,579
2005 23,304
2006 24,193
2007 24,239
2008 24,556
2009 24,062
2010 24,431
2011 25,001
2012 24,485
2013 24,864
2014 24,398
2015 24,258
2016 24,226
2017 25,468
2018 27,113
2019 28,051

Services, value added (current US$)

The latest value for Services, value added (current US$) in Hungary was $88,247,990,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $92,411,920,000 in 2019 and $24,003,500,000 in 1995.

Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. 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 industrial 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 $24,003,500,000
1996 $24,560,330,000
1997 $24,713,140,000
1998 $25,397,380,000
1999 $25,992,280,000
2000 $25,148,290,000
2001 $29,223,720,000
2002 $37,687,290,000
2003 $47,486,230,000
2004 $56,663,880,000
2005 $62,609,800,000
2006 $64,963,100,000
2007 $78,304,700,000
2008 $89,439,690,000
2009 $74,590,460,000
2010 $74,944,260,000
2011 $79,542,070,000
2012 $71,239,880,000
2013 $75,330,900,000
2014 $77,429,800,000
2015 $67,732,480,000
2016 $71,337,930,000
2017 $80,004,190,000
2018 $89,752,100,000
2019 $92,411,920,000
2020 $88,247,990,000

Services, value added (current LCU)

The value for Services, value added (current LCU) in Hungary was 27,180,100,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 27,180,100,000,000 in 2020 and a minimum value of 3,017,640,000,000 in 1995.

Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. 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 industrial 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 3,017,640,000,000
1996 3,749,050,000,000
1997 4,616,150,000,000
1998 5,445,240,000,000
1999 6,163,960,000,000
2000 7,096,330,000,000
2001 8,372,230,000,000
2002 9,718,170,000,000
2003 10,651,500,000,000
2004 11,488,400,000,000
2005 12,495,800,000,000
2006 13,667,600,000,000
2007 14,378,800,000,000
2008 15,393,800,000,000
2009 15,092,800,000,000
2010 15,584,200,000,000
2011 15,992,300,000,000
2012 16,036,400,000,000
2013 16,851,100,000,000
2014 18,010,300,000,000
2015 18,919,900,000,000
2016 20,083,300,000,000
2017 21,955,800,000,000
2018 24,252,100,000,000
2019 26,860,400,000,000
2020 27,180,100,000,000

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Hungary was 78,716,040,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 81,588,950,000 in 2019 and 43,266,920,000 in 1995.

Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. 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 43,266,920,000
1996 43,613,410,000
1997 43,672,690,000
1998 44,409,270,000
1999 45,224,450,000
2000 47,714,120,000
2001 49,529,070,000
2002 52,149,730,000
2003 54,340,890,000
2004 55,430,220,000
2005 58,204,630,000
2006 60,825,960,000
2007 60,777,090,000
2008 61,374,710,000
2009 59,517,620,000
2010 60,689,880,000
2011 61,896,590,000
2012 62,356,590,000
2013 64,502,550,000
2014 66,335,390,000
2015 67,732,480,000
2016 69,698,100,000
2017 73,127,860,000
2018 77,652,970,000
2019 81,588,950,000
2020 78,716,040,000

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Hungary was -3.52 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 6.19 in 2018 and a minimum value of -3.52 in 2020.

Definition: Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 industrial 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
1996 0.80
1997 0.14
1998 1.69
1999 1.84
2000 5.51
2001 3.80
2002 5.29
2003 4.20
2004 2.00
2005 5.01
2006 4.50
2007 -0.08
2008 0.98
2009 -3.03
2010 1.97
2011 1.99
2012 0.74
2013 3.44
2014 2.84
2015 2.11
2016 2.90
2017 4.92
2018 6.19
2019 5.07
2020 -3.52

Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Hungary was 21,987,900,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 22,790,400,000,000 in 2019 and a minimum value of 12,085,900,000,000 in 1995.

Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. 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 industrial 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 12,085,900,000,000
1996 12,182,600,000,000
1997 12,199,200,000,000
1998 12,405,000,000,000
1999 12,632,700,000,000
2000 13,328,100,000,000
2001 13,835,100,000,000
2002 14,567,100,000,000
2003 15,179,200,000,000
2004 15,483,500,000,000
2005 16,258,400,000,000
2006 16,990,700,000,000
2007 16,977,000,000,000
2008 17,144,000,000,000
2009 16,625,200,000,000
2010 16,952,700,000,000
2011 17,289,700,000,000
2012 17,418,200,000,000
2013 18,017,700,000,000
2014 18,529,600,000,000
2015 18,919,900,000,000
2016 19,468,900,000,000
2017 20,427,000,000,000
2018 21,691,000,000,000
2019 22,790,400,000,000
2020 21,987,900,000,000

Services, value added (% of GDP)

Services, value added (% of GDP) in Hungary was 56.64 as of 2020. Its highest value over the past 25 years was 56.89 in 2009, while its lowest value was 51.70 in 1995.

Definition: Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 industrial 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 51.70
1996 52.64
1997 52.25
1998 52.14
1999 52.97
2000 53.26
2001 54.37
2002 55.74
2003 55.67
2004 54.41
2005 55.29
2006 56.12
2007 55.84
2008 56.47
2009 56.89
2010 56.68
2011 56.02
2012 55.29
2013 55.50
2014 54.88
2015 54.09
2016 55.46
2017 55.89
2018 55.89
2019 56.51
2020 56.64

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts