Hungary - Manufacturing Value Added
Since 2014, Hungary Manufacturing Value Added decreased by 2points year on year. In 2019, the country was ranked number 6 among other countries in Manufacturing Value Added with 20.87 Percent of Value Added in Industry and Services. Hungary is overtaken by Germany, which was ranked number 5 at 21.22 Percent of Value Added in Industry and Services and is followed by Japan at 20.84 Percent of Value Added in Industry and Services. Ireland lead the ranking with 33.5 Percent of Value Added in Industry and Services in 2019, a fall of 4.1points versus 2018. South Korea, Czech Republic and Slovenia respectively ranked number 2, 3 and 4 in this ranking. Ireland witnessed the best average annual growth at +9points per year, while Iceland recorded the worst performance at -5.2points per year.
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Date | Percent of Value Added in Industry and Services |
---|---|
2019 | 20.87 |
2018 | 22.05 |
2017 | 22.59 |
2016 | 23.14 |
2015 | 24.02 |
How does Hungary rank in Manufacturing Value Added?
# | 43 Countries | Percent of Value Added in Industry and Services | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
Ireland
|
33.50 % | 2019 | -4.1 % | +9.0 % | View data | |
2 |
#2
South Korea
|
27.66 % | 2019 | -5.0 % | -1.3 % | View data | |
5 |
#5
Germany
|
21.22 % | 2019 | -4.8 % | -1.1 % | View data | |
6 |
#6
Hungary
|
20.87 % | 2019 | -5.3 % | -2.0 % | View data | |
7 |
#7
Japan
|
20.84 % | 2019 | +0.1 % | +0.9 % | View data |