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Economy of Egypt vs Hungary compared: GDP & Debt

Updated on by Georank team

Egypt has a GDP of $389B compared to $223B for Hungary, ranking 41/197 and 55/197 by economy size, respectively.

Egypt has $354B in government debt (90.9% of GDP), compared to $164B (73.5% of GDP) in Hungary.

Egypt vs Hungary GDP by year

Egypt
Hungary
1x
Year GDP, current $
Egypt Hungary
2024 $389,059,911,004 $222,722,738,926
2023 $395,926,075,163 $213,240,316,635
2022 $476,747,720,365 $177,002,580,544
2021 $424,671,765,456 $183,282,685,440
2020 $383,817,841,547 $158,468,487,754
2019 $318,678,815,490 $164,936,682,034
2018 $262,588,632,527 $161,184,691,014
2017 $248,362,771,739 $143,335,098,992
2016 $332,441,717,791 $128,983,560,865
2015 $329,366,576,819 $125,244,126,623
2014 $305,595,408,895 $141,128,696,412
2013 $288,434,108,527 $135,646,053,779
2012 $279,116,666,667 $128,470,269,690
2011 $235,989,672,978 $141,712,804,954
2010 $218,983,666,062 $131,898,737,241
2009 $189,147,005,445 $130,807,441,076
2008 $162,818,181,818 $158,228,265,916
2007 $130,437,828,371 $140,123,326,896
2006 $107,426,086,957 $115,604,111,412
2005 $89,660,339,660 $113,098,237,571
2004 $78,782,467,532 $104,015,363,080
2003 $80,288,461,538 $85,190,469,121
2002 $85,146,067,416 $67,636,468,625
2001 $96,684,636,119 $53,800,068,066
2000 $99,838,543,960 $47,275,954,429
1999 $90,710,704,807 $49,160,204,397
1998 $84,828,807,556 $48,784,412,624
1997 $78,436,578,171 $47,398,564,799
1996 $67,629,716,981 $46,833,767,124
1995 $60,159,245,060 $46,577,614,589
1994 $51,897,983,393 $43,307,949,890
1993 $46,578,631,453 $40,256,233,360
1992 $41,855,986,519 $38,857,339,125
1991 $37,387,836,491 $34,867,307,353
1990 $42,978,914,311 $34,478,360,679
1989 $39,756,299,050 $30,422,508,938
1988 $34,980,124,929 $29,799,838,597
1987 $40,455,616,654 $27,232,016,527
1986 $41,253,507,951 $24,778,163,812
1985 $39,053,502,251 $21,510,643,750
1984 $33,971,188,992 $21,242,726,264
1983 $30,966,239,814 $21,910,365,258
1982 $27,655,172,414 $24,141,667,188
1981 $22,136,081,081 $23,705,883,892
1980 $21,669,908,176 $23,116,977,148
1979 $18,020,571,429 $19,959,731,325
1978 $14,811,704,063 $17,286,744,154
1977 $14,400,806,876 $14,783,674,055
1976 $13,315,988,083 $13,235,612,079
1975 $11,632,178,869 $11,420,392,515
1974 $9,228,963,225 $10,016,338,179
1973 $10,098,534,613 $9,138,292,402
1972 $9,299,638,056 $7,379,313,742
1971 $8,609,283,346 $6,291,568,221
1970 $8,042,200,452 $5,780,929,203
1969 $6,524,455,206 $5,429,812,387
1968 $5,932,242,991 $4,886,222,555
1967 $5,605,484,299 -
1966 $5,278,005,612 -
1965 $4,948,667,540 -
1964 $4,709,245,762 -
1963 $4,187,146,232 -
1962 $4,035,462,027 -
1961 $4,494,575,611 -
1960 $4,206,270,352 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Egypt vs Hungary by year

Egypt
GDP per capita

GDP per capita, PPP
Hungary
GDP per capita

GDP per capita, PPP
1x
Year Current $
Egypt Hungary
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,338 $19,094 $23,292 $48,552
2023 $3,457 $18,525 $22,231 $46,592
2022 $4,233 $17,527 $18,428 $44,366
2021 $3,827 $15,579 $19,031 $38,887
2020 $3,511 $15,232 $16,387 $35,584
2019 $2,963 $13,364 $17,013 $35,627
2018 $2,485 $12,329 $16,605 $32,258
2017 $2,395 $11,125 $14,736 $29,728
2016 $3,271 $10,666 $13,216 $28,179
2015 $3,307 $10,903 $12,783 $26,938
2014 $3,133 $10,256 $14,353 $25,796
2013 $3,026 $10,511 $13,739 $24,592
2012 $2,996 $10,342 $12,950 $23,205
2011 $2,591 $8,988 $14,211 $22,992
2010 $2,455 $8,838 $13,190 $21,691
2009 $2,162 $8,465 $13,051 $20,691
2008 $1,896 $8,191 $15,763 $20,709
2007 $1,548 $7,641 $13,935 $19,089
2006 $1,299 $7,079 $11,478 $18,362
2005 $1,106 $6,554 $11,212 $17,091
2004 $991 $6,207 $10,291 $16,251
2003 $1,031 $5,928 $8,410 $15,460
2002 $1,117 $5,753 $6,658 $14,532
2001 $1,295 $5,650 $5,281 $13,223
2000 $1,366 $5,452 $4,630 $11,872
1999 $1,268 $5,121 $4,802 $10,892
1998 $1,213 $4,869 $4,752 $10,415
1997 $1,146 $4,661 $4,606 $9,846
1996 $1,009 $4,434 $4,542 $9,388
1995 $916 $4,235 $4,509 $9,222
1994 $807 $4,048 $4,187 $8,888
1993 $740 $3,895 $3,887 $8,441
1992 $681 $3,784 $3,747 $8,284
1991 $623 $3,627 $3,361 $8,352
1990 $736 $3,566 $3,324 $9,169
1989 $701 - $2,902 -
1988 $634 - $2,812 -
1987 $754 - $2,566 -
1986 $790 - $2,331 -
1985 $770 - $2,020 -
1984 $690 - $1,991 -
1983 $648 - $2,050 -
1982 $596 - $2,255 -
1981 $490 - $2,213 -
1980 $493 - $2,158 -
1979 $421 - $1,865 -
1978 $355 - $1,618 -
1977 $353 - $1,388 -
1976 $335 - $1,249 -
1975 $299.2 - $1,083 -
1974 $243.1 - $956 -
1973 $272.2 - $876 -
1972 $256.5 - $710 -
1971 $243 - $607 -
1970 $232.3 - $559 -
1969 $193 - $527 -
1968 $179.8 - $476 -
1967 $174.1 - - -
1966 $168.1 - - -
1965 $161.6 - - -
1964 $157.7 - - -
1963 $143.9 - - -
1962 $142.4 - - -
1961 $162.8 - - -
1960 $156.4 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Egypt's GDP per capita is $3,338, ranking 138/197, compared to $23,292 in Hungary, ranking 55/197. Adjusted for purchasing power (GDP per capita PPP), Egypt ranks 99th at $19,094, while Hungary ranks 48th at $48,552.

Economic indicators

Egypt Hungary
Gross domestic product
$389B
2024
$223B
2024
GDP rank
41/197
2024
55/197
2024
GDP growth
2.4%
2023-2024
0.56%
2023-2024
GDP per capita
$3,338
2024
$23,292
2024
GDP per capita rank
138/197
2024
55/197
2024
GDP per capita, PPP
$19,094
2024
$48,552
2024
GDP per capita PPP rank
99/197
2024
48/197
2024
Government debt
$354B
2024
$164B
2024
Debt-to-GDP ratio
90.9%
2024
73.5%
2024
Government debt per person
$3,036
2024
$17,109
2024
Government debt per person rank
99/185
2024
37/185
2024
Average annual personal income after taxes
$1,948
2026
$16,996
2026
Market capitalization of domestic companies
$42.6B
2024
$41.5B
2024
Number of millionaires n/a
24,692
2025
Number of billionaires
5
2025
4
2025
Income share by richest 10%
24.6%
2021
24.4%
2022
Income share by poorest 10%
4.2%
2021
2.8%
2022
Government expenditure, % of GDP
22.9%
2024
46.9%
2024
Consumer prices inflation
28.3%
2023-2024
3.7%
2023-2024
Central bank interest rate
21%
2025
6.5%
2024
Unemployment rate
5.95%
2024
4.47%
2024
Population
120697176
9475525

Spending and national debt comparison by year

Egypt
Spending

Debt
Hungary
Spending

Debt
1x
Year % of GDP
Egypt Hungary
Government spending Government debt Government spending Government debt
2024 22.9% 90.9% 46.9% 73.5%
2023 22.7% 95.9% 49.2% 73%
2022 24.9% 88.5% 48.7% 73.9%
2021 25.5% 89.9% 48.1% 76.2%
2020 25.7% 86.2% 51% 78.7%
2019 26.9% 80.1% 45.8% 65%
2018 28.6% 87.9% 45.9% 68.8%
2017 30.6% 97.8% 46.6% 72%
2016 31% 91.6% 46.7% 74.6%
2015 31.3% 83.8% 50.4% 75.7%
2014 33.9% 80.9% 50% 76.5%
2013 32.9% 79.8% 50.1% 77.2%
2012 29.2% 69.9% 49.2% 78.4%
2011 30.5% 72.8% 49.1% 80.5%
2010 31.4% 69.6% 48.9% 80.2%
2009 32.5% 69.5% 50.7% 78.2%
2008 32.7% 66.8% 48.8% 71.8%
2007 31.3% 76.3% 49.9% 65.6%
2006 34.5% 85.9% 51.4% 64.5%
2005 30.3% 98.3% 49.4% 60.6%
2004 30.1% 96.5% 48.8% 58.9%
2003 30.6% 97.1% 49.2% 58.2%
2002 30.9% 85.8% 51% 55.6%
2001 27.9% 79.1% 47.2% 52.2%
2000 26% 71.7% 47.3% 55.6%
1999 26.3% 72.4% 48.9% 60.3%
1998 - 73.8% 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/egypt/hungary | CC BY

In 2024, Egypt's government spending was $89.2B, accounting for 22.9% of its GDP, while Hungary spent $104B, or 46.9% of GDP.

Debt-to-GDP ratio is 90.9% in Egypt and 73.5% in Hungary, ranking 31/185 and 49/185, respectively.

Government deficit by year

Deficit/surplus
Egypt

Hungary
1x
Year Deficit/surplus, % of GDP
Egypt Hungary
2024 -7.12% -4.92%
2023 -5.77% -6.75%
2022 -5.74% -6.17%
2021 -6.96% -7.11%
2020 -7.47% -7.49%
2019 -7.6% -2.02%
2018 -8.97% -2.05%
2017 -9.9% -2.45%
2016 -11.8% -1.79%
2015 -10.4% -2%
2014 -10.7% -2.77%
2013 -12.3% -2.6%
2012 -9.47% -2.33%
2011 -9.6% -5.22%
2010 -7.45% -4.44%
2009 -6.2% -4.76%
2008 -6.05% -3.78%
2007 -4.9% -5.09%
2006 -7.35% -9.27%
2005 -6.69% -7.79%
2004 -5.76% -6.6%
2003 -5.73% -7.19%
2002 -6.77% -8.79%
2001 -1.07% -4%
2000 1.32% -3.04%
1999 2.14% -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/egypt/hungary | CC BY

In 2024, Egypt's government deficit, the difference between spending and revenue, was $27.7B, equivalent to 7.12% of GDP. This compares to Hungary's deficit of $10.9B, or 4.92% of GDP.

Over the past 26 years, Egypt recorded a fiscal deficit in 24 of those years, while Hungary ran a deficit in 26 years. On average, Egypt posted an annual deficit equal to 6.86% of GDP, compared to deficit of 4.83% of GDP for Hungary.

Inflation comparison by year

Inflation
Egypt

Hungary
1x
Year Consumer prices inflation
Egypt Hungary
2024 28.3% 3.7%
2023 33.9% 17.1%
2022 13.9% 14.6%
2021 5.21% 5.11%
2020 5.04% 3.33%
2019 9.15% 3.34%
2018 14.4% 2.85%
2017 29.5% 2.35%
2016 13.8% 0.39%
2015 10.4% -0.06%
2014 10.1% -0.23%
2013 9.47% 1.73%
2012 7.11% 5.65%
2011 10.1% 3.93%
2010 11.3% 4.86%
2009 11.8% 4.21%
2008 18.3% 6.04%
2007 9.32% 7.96%
2006 7.64% 3.93%
2005 4.87% 3.56%
2004 11.3% 6.74%
2003 4.51% 4.66%
2002 2.74% 5.27%
2001 2.27% 9.12%
2000 2.68% 9.8%
1999 3.08% 10%
1998 3.87% 14.2%
1997 4.63% 18.3%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Egypt has recorded an average annual inflation rate of 10.7%, compared with 6.16% in Hungary. In 2024, inflation was 28.3% in Egypt and 3.7% in Hungary.

Top exports between countries

Egypt
Export category Export value
Machinery & equipment $32.4M
Raw agricultural goods $24.3M
Textiles & consumer goods $13.2M
Chemicals & pharma $7.95M
Raw materials & minerals $5.86M
Metals $2.19M
Processed food, beverages & tobacco $906K
Wood & paper products $423K
Miscellaneous $6K
Precious metals & jewellery $6K
Hungary
Export category Export value
Machinery & equipment $86.6M
Chemicals & pharma $28.2M
Raw materials & minerals $15.4M
Transport & tourism services $14.2M
Processed food, beverages & tobacco $11.5M
Business & finance services $6.32M
Textiles & consumer goods $4.26M
Metals $2.47M
Raw agricultural goods $724K
IT & IP services $632K

Balance of trade

Egypt Hungary
Current account balance
-$22.3B
2024
$3.52B
2024
Current account balance ranking
184/190
2024
36/190
2024
Current account balance, % of GDP
-5.72%
2024
+1.58%
2024
Goods imports
$72.9B
2024
$130B
2024
Goods exports
$34.8B
2024
$129B
2024
Service imports
$27.5B
2024
$27.9B
2024
Service exports
$29.6B
2024
$38.9B
2024
Imports of goods and services, % of GDP
23.2%
2024
71.1%
2024
Exports of goods and services, % of GDP
16.4%
2024
75.4%
2024

Economic freedom indices

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

Egypt Hungary
Economic freedom 50.3 62.5
Economic freedom ranking 160/197 86/197
Property rights 35.5 67.3
Government integrity 27.1 44
Judicial effectiveness 24 61.9
Tax burden 85.7 85.1
Government spending 83.4 30.2
Fiscal health 21.8 32.7
Business freedom 51.4 70.8
Labor freedom 43.1 56.5
Monetary freedom 56 72.1
Trade freedom 60.2 79.4
Investment freedom 65 80
Financial freedom 50 70

Economic freedom comparison by year

Egypt
Hungary
1x
Year Economic freedom index
Egypt Hungary
2026 50.3 62.5
2025 50.9 61.4
2024 49.7 61.2
2023 49.6 64.1
2022 49.1 66.9
2021 55.7 67.2
2020 54 66.4
2019 52.5 65
2018 53.4 66.7
2017 52.6 65.8
2016 56 66
2015 55.2 66.8
2014 52.9 67
2013 54.8 67.3
2012 57.9 67.1
2011 59.1 66.6
2010 59 66.1
2009 58 66.8
2008 58.5 67.6
2007 54.4 64.8
2006 53.2 65
2005 55.8 63.5
2004 55.5 62.7
2003 55.3 63
2002 54.1 64.5
2001 51.5 65.6
2000 51.7 64.4
1999 58 59.6
1998 55.8 56.9
1997 54.5 55.3
1996 52 56.8
1995 45.7 55.2

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

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

The Economic Freedom Index for Egypt is 50.3, ranking 160/197, 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

Egypt Hungary
Services, % of GDP
48.9%
2024
59.5%
2024
Industry, % of GDP
32.6%
2024
23.7%
2024
Agriculture, forestry, and fishing, % of GDP
13.7%
2024
2.71%
2024
GNI, Atlas method
$409B
2024
$199B
2024
GNI per capita, PPP
$18,230
2024
$47,290
2024
Total reserves including gold
$44.9B
2024
$46.4B
2024
Total reserves ranking
44/177
2024
42/177
2024
Net foreign direct investment
-$46.1B
2024
-$15.8B
2024
Net inflows of foreign direct investment
$46.6B
2024
-$62.2B
2024
Net outflows of foreign direct investment
$508M
2024
-$78B
2024
Servicing debt to the IMF, % of GNI
8.86%
2024
n/a
Poverty at national poverty lines
33.5%
2021
12.1%
2021
Gross capital formation, % of GDP
13%
2024
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/egypt/hungary | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, 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 (2022–2024, 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.