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Economy of Afghanistan vs Hungary compared: GDP & Debt

Updated on by Georank team

Afghanistan has a GDP of $17.2B compared to $223B for Hungary, ranking 137/197 and 55/197 by economy size, respectively.

Afghanistan has $1.44B in government debt (8.8% of GDP), compared to $164B (73.5% of GDP) in Hungary.

Afghanistan vs Hungary GDP by year

Afghanistan
Hungary
1x
Year GDP, current $
Afghanistan Hungary
2024 - $222,722,738,926
2023 $17,152,234,637 $213,240,316,635
2022 $14,497,243,872 $177,002,580,544
2021 $14,259,995,441 $183,282,685,440
2020 $19,955,929,052 $158,468,487,754
2019 $18,799,444,490 $164,936,682,034
2018 $18,053,222,687 $161,184,691,014
2017 $18,753,456,498 $143,335,098,992
2016 $18,116,572,395 $128,983,560,865
2015 $19,134,221,645 $125,244,126,623
2014 $20,497,128,556 $141,128,696,412
2013 $20,146,416,758 $135,646,053,779
2012 $19,907,329,778 $128,470,269,690
2011 $17,805,098,206 $141,712,804,954
2010 $15,856,668,556 $131,898,737,241
2009 $12,416,152,732 $130,807,441,076
2008 $10,109,297,048 $158,228,265,916
2007 $9,747,886,187 $140,123,326,896
2006 $6,971,758,282 $115,604,111,412
2005 $6,203,256,539 $113,098,237,571
2004 $5,224,896,719 $104,015,363,080
2003 $4,520,946,819 $85,190,469,121
2002 $3,825,701,439 $67,636,468,625
2001 $2,813,571,754 $53,800,068,066
2000 $3,521,418,060 $47,275,954,429
1999 - $49,160,204,397
1998 - $48,784,412,624
1997 - $47,398,564,799
1996 - $46,833,767,124
1995 - $46,577,614,589
1994 - $43,307,949,890
1993 - $40,256,233,360
1992 - $38,857,339,125
1991 - $34,867,307,353
1990 - $34,478,360,679
1989 - $30,422,508,938
1988 - $29,799,838,597
1987 - $27,232,016,527
1986 - $24,778,163,812
1985 - $21,510,643,750
1984 - $21,242,726,264
1983 - $21,910,365,258
1982 - $24,141,667,188
1981 - $23,705,883,892
1980 - $23,116,977,148
1979 - $19,959,731,325
1978 - $17,286,744,154
1977 - $14,783,674,055
1976 - $13,235,612,079
1975 - $11,420,392,515
1974 - $10,016,338,179
1973 - $9,138,292,402
1972 - $7,379,313,742
1971 - $6,291,568,221
1970 - $5,780,929,203
1969 - $5,429,812,387
1968 - $4,886,222,555

Data sources: World Bank | Economy & Growth (1968–2024, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/hungary | CC BY

GDP per capita in Afghanistan vs Hungary by year

Afghanistan
GDP per capita

GDP per capita, PPP
Hungary
GDP per capita

GDP per capita, PPP
1x
Year Current $
Afghanistan Hungary
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $23,292 $48,552
2023 $414 $2,202 $22,231 $46,592
2022 $357 $2,123 $18,428 $44,366
2021 $356 $2,144 $19,031 $38,887
2020 $511 $2,562 $16,387 $35,584
2019 $497 $2,583 $17,013 $35,627
2018 $491 $2,432 $16,605 $32,258
2017 $525 $2,336 $14,736 $29,728
2016 $522 $2,213 $13,216 $28,179
2015 $566 $2,284 $12,783 $26,938
2014 $625 $2,224 $14,353 $25,796
2013 $637 $2,133 $13,739 $24,592
2012 $651 $1,988 $12,950 $23,205
2011 $607 $1,744 $14,211 $22,992
2010 $561 $1,766 $13,190 $21,691
2009 $452 $1,571 $13,051 $20,691
2008 $382 $1,334 $15,763 $20,709
2007 $376 $1,287 $13,935 $19,089
2006 $274.2 $1,122 $11,478 $18,362
2005 $254.2 $1,076 $11,212 $17,091
2004 $221.8 $972 $10,291 $16,251
2003 $198.9 $967 $8,410 $15,460
2002 $179 $927 $6,658 $14,532
2001 $138.7 $748 $5,281 $13,223
2000 $174.9 $814 $4,630 $11,872
1999 - - $4,802 $10,892
1998 - - $4,752 $10,415
1997 - - $4,606 $9,846
1996 - - $4,542 $9,388
1995 - - $4,509 $9,222
1994 - - $4,187 $8,888
1993 - - $3,887 $8,441
1992 - - $3,747 $8,284
1991 - - $3,361 $8,352
1990 - - $3,324 $9,169
1989 - - $2,902 -
1988 - - $2,812 -
1987 - - $2,566 -
1986 - - $2,331 -
1985 - - $2,020 -
1984 - - $1,991 -
1983 - - $2,050 -
1982 - - $2,255 -
1981 - - $2,213 -
1980 - - $2,158 -
1979 - - $1,865 -
1978 - - $1,618 -
1977 - - $1,388 -
1976 - - $1,249 -
1975 - - $1,083 -
1974 - - $956 -
1973 - - $876 -
1972 - - $710 -
1971 - - $607 -
1970 - - $559 -
1969 - - $527 -
1968 - - $476 -

Data sources: World Bank | Economy & Growth (1968–2024, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/hungary | CC BY

Afghanistan's GDP per capita is $414, ranking 196/197, compared to $23,292 in Hungary, ranking 55/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while Hungary ranks 48th at $48,552.

Economic indicators

Afghanistan Hungary
Gross domestic product
$17.2B
2023
$223B
2024
GDP rank
137/197
2023
55/197
2024
GDP growth
2.27%
2022-2023
0.56%
2023-2024
GDP per capita
$414
2023
$23,292
2024
GDP per capita rank
196/197
2023
55/197
2024
GDP per capita, PPP
$2,202
2023
$48,552
2024
GDP per capita PPP rank
184/197
2023
48/197
2024
Government debt
$1.44B
2023
$164B
2024
Debt-to-GDP ratio
8.8%
2024
73.5%
2024
Government debt per person
$34.8
2023
$17,109
2024
Government debt per person rank
185/185
2023
37/185
2024
Average annual personal income after taxes
$1,869
2026
$16,996
2026
Market capitalization of domestic companies n/a
$41.5B
2024
Number of millionaires n/a
24,692
2025
Number of billionaires n/a
4
2025
Income share by richest 10% n/a
24.4%
2022
Income share by poorest 10% n/a
2.8%
2022
Government expenditure, % of GDP
19.4%
2024
46.9%
2024
Consumer prices inflation
-4.3%
2023-2024
3.7%
2023-2024
Central bank interest rate
6%
2021
6.5%
2024
Unemployment rate
5.68%
2021
4.47%
2024
Population
45409324
9475525

Spending and national debt comparison by year

Afghanistan
Spending

Debt
Hungary
Spending

Debt
1x
Year % of GDP
Afghanistan Hungary
Government spending Government debt Government spending Government debt
2024 19.4% 8.8% 46.9% 73.5%
2023 17% 8.42% 49.2% 73%
2022 16.1% 10.8% 48.7% 73.9%
2021 17.9% 11.2% 48.1% 76.2%
2020 27.9% 7.33% 51% 78.7%
2019 28% 6.14% 45.8% 65%
2018 28.9% 7.38% 45.9% 68.8%
2017 27.7% 8% 46.6% 72%
2016 28% 8.44% 46.7% 74.6%
2015 25.9% 9.15% 50.4% 75.7%
2014 25.4% 8.7% 50% 76.5%
2013 25% 6.92% 50.1% 77.2%
2012 25% 6.77% 49.2% 78.4%
2011 21.9% 7.52% 49.1% 80.5%
2010 20.8% 7.71% 48.9% 80.2%
2009 21.2% 16.2% 50.7% 78.2%
2008 20.9% 19.1% 48.8% 71.8%
2007 21.4% 20.1% 49.9% 65.6%
2006 18.3% 23% 51.4% 64.5%
2005 15.7% 206.4% 49.4% 60.6%
2004 15.1% 245% 48.8% 58.9%
2003 11.9% 270.6% 49.2% 58.2%
2002 6.94% 346% 51% 55.6%
2001 - - 47.2% 52.2%
2000 - - 47.3% 55.6%
1999 - - 48.9% 60.3%
1998 - - 50.7% 60.4%
1997 - - 49.5% 62.2%
1996 - - 50.9% 71.2%
1995 - - 55% 83.9%
1994 - - - 86.2%
1993 - - - 87.2%
1992 - - - 76.5%
1991 - - - 74.2%
1990 - - - 63.7%
1989 - - - 70.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989–1994, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/hungary | CC BY

In 2024, Afghanistan's government spending was $2.91B, accounting for 19.4% of its GDP, while Hungary spent $104B, or 46.9% of GDP.

Debt-to-GDP ratio is 8.8% in Afghanistan and 73.5% in Hungary, ranking 181/185 and 49/185, respectively.

Government deficit by year

Deficit/surplus
Afghanistan

Hungary
1x
Year Deficit/surplus, % of GDP
Afghanistan Hungary
2024 -0.54% -4.92%
2023 -1.33% -6.75%
2022 -1% -6.17%
2021 -0.48% -7.11%
2020 -2.24% -7.49%
2019 -1.06% -2.02%
2018 1.63% -2.05%
2017 -0.67% -2.45%
2016 0.13% -1.79%
2015 -1.38% -2%
2014 -1.72% -2.77%
2013 -0.63% -2.6%
2012 0.18% -2.33%
2011 -0.67% -5.22%
2010 0.93% -4.44%
2009 -1.76% -4.76%
2008 -3.86% -3.78%
2007 -2.46% -5.09%
2006 0.68% -9.27%
2005 -0.92% -7.79%
2004 -2.39% -6.6%
2003 -2.1% -7.19%
2002 -0.1% -8.79%
2001 - -4%
2000 - -3.04%
1999 - -5.27%
1998 - -7.41%
1997 - -5.54%
1996 - -4.36%
1995 - -8.57%
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -
1980 - -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 - -
1967 - -
1966 - -
1965 - -
1964 - -
1963 - -
1962 - -
1961 - -
1960 - -
1959 - -
1958 - -
1957 - -
1956 - -
1955 - -
1954 - -
1953 - -
1952 - -
1951 - -
1950 - -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -0.17%
1942 - 0.31%
1941 - 0.2%
1940 - -0.07%
1939 - 0.19%
1938 - -0.11%
1937 - -0.01%
1936 - 0.08%
1935 - 0.03%
1934 - 0.04%
1933 - -0.03%
1932 - -0.22%
1931 - -0.32%
1930 - -0.26%
1929 - 0.02%
1928 - 0.12%
1927 - 0.15%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1927–1943, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/hungary | CC BY

In 2023, Afghanistan's government deficit, the difference between spending and revenue, was $228M, equivalent to 1.33% of GDP. This compares to Hungary's deficit of $14.4B, or 6.75% of GDP.

Over the past 22 years, Afghanistan recorded a fiscal deficit in 17 of those years, while Hungary ran a deficit in 22 years. On average, Afghanistan posted an annual deficit equal to 0.96% of GDP, compared to deficit of 4.93% of GDP for Hungary.

Inflation comparison by year

Inflation
Afghanistan

Hungary
1x
Year Consumer prices inflation
Afghanistan Hungary
2024 -4.3% 3.7%
2023 -7.7% 17.1%
2022 10.6% 14.6%
2021 7.8% 5.11%
2020 5.6% 3.33%
2019 2.3% 3.34%
2018 0.6% 2.85%
2017 5% 2.35%
2016 4.4% 0.39%
2015 -0.7% -0.06%
2014 4.7% -0.23%
2013 7.4% 1.73%
2012 6.4% 5.65%
2011 11.8% 3.93%
2010 2.2% 4.86%
2009 -6.8% 4.21%
2008 26.4% 6.04%
2007 8.7% 7.96%
2006 6.8% 3.93%
2005 10.6% 3.56%
2004 16.4% 6.74%
2003 35.7% 4.66%
2002 - 5.27%
2001 - 9.12%
2000 - 9.8%
1999 - 10%
1998 - 14.2%
1997 - 18.3%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06); International Monetary Fund (IMF) | World Economic Outlook (2003–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/hungary | CC BY

Over the past 22 years, Afghanistan has recorded an average annual inflation rate of 7%, compared with 4.81% in Hungary. In 2024, inflation was -4.3% in Afghanistan and 3.7% in Hungary.

Top exports between countries

Afghanistan
Export category Export value
Hungary
Export category Export value
Machinery & equipment $5.24M
Raw materials & minerals $671K
Processed food, beverages & tobacco $120K
Chemicals & pharma $69K
Textiles & consumer goods $36K
Metals $9K
Wood & paper products $3K
Animal & marine products $1K

Balance of trade

Afghanistan Hungary
Current account balance
-$3.14B
2020
$3.52B
2024
Current account balance ranking
159/190
2020
36/190
2024
Current account balance, % of GDP
-15.7%
2020
+1.58%
2024
Goods imports
$5.88B
2020
$130B
2024
Goods exports
$777M
2020
$129B
2024
Service imports
$1.11B
2020
$27.9B
2024
Service exports
$700M
2020
$38.9B
2024
Imports of goods and services, % of GDP
50.7%
2023
71.1%
2024
Exports of goods and services, % of GDP
16.9%
2023
75.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan Hungary
Economic freedom 53 62.5
Economic freedom ranking 142/197 86/197
Property rights 3.6 67.3
Government integrity 13.5 44
Judicial effectiveness 0 61.9
Tax burden 92 85.1
Government spending 90.8 30.2
Fiscal health 98.4 32.7
Business freedom 33.7 70.8
Labor freedom 44.4 56.5
Monetary freedom 84.9 72.1
Trade freedom 68.6 79.4
Investment freedom 10 80
Financial freedom 10 70

Economic freedom comparison by year

Afghanistan
Hungary
1x
Year Economic freedom index
Afghanistan Hungary
2026 - 62.5
2025 - 61.4
2024 - 61.2
2023 - 64.1
2022 - 66.9
2021 53 67.2
2020 54.7 66.4
2019 51.5 65
2018 51.3 66.7
2017 48.9 65.8
2016 - 66
2015 - 66.8
2014 - 67
2013 - 67.3
2012 - 67.1
2011 - 66.6
2010 - 66.1
2009 - 66.8
2008 - 67.6
2007 - 64.8
2006 - 65
2005 - 63.5
2004 - 62.7
2003 - 63
2002 - 64.5
2001 - 65.6
2000 - 64.4
1999 - 59.6
1998 - 56.9
1997 - 55.3
1996 - 56.8
1995 - 55.2

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/afghanistan/hungary | CC BY

The Economic Freedom Index for Afghanistan is 53, ranking 142/197, compared to 62.5 for Hungary, ranking 86/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Afghanistan Hungary
Services, % of GDP
46.4%
2023
59.5%
2024
Industry, % of GDP
13.4%
2023
23.7%
2024
Agriculture, forestry, and fishing, % of GDP
34.7%
2023
2.71%
2024
GNI, Atlas method
$15.5B
2023
$199B
2024
GNI per capita, PPP
$2,210
2023
$47,290
2024
Total reserves including gold
$9.75B
2020
$46.4B
2024
Total reserves ranking
78/177
2020
42/177
2024
Net foreign direct investment
$24.3M
2020
-$15.8B
2024
Net inflows of foreign direct investment
$0
2024
-$62.2B
2024
Net outflows of foreign direct investment
$0
2024
-$78B
2024
Servicing debt to the IMF, % of GNI
0.25%
2023
n/a
Poverty at national poverty lines
47.1%
2019
12.1%
2021
Gross capital formation, % of GDP
15.3%
2023
23.5%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/afghanistan/hungary | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1968–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1927–1994, retrieved 2026-02-20)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.