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
Download all data from 1995 to 2019

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
Compare all 43 countries

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