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Economy of Hungary vs Mauritius compared: GDP & Debt

Updated on by Georank team

Hungary has a GDP of $223B compared to $14.9B for Mauritius, ranking 55/197 and 143/197 by economy size, respectively.

Hungary has $164B in government debt (73.5% of GDP), compared to $13.6B (91.1% of GDP) in Mauritius.

Hungary vs Mauritius GDP by year

Hungary
Mauritius
1x
Year GDP, current $
Hungary Mauritius
2024 $222,722,738,926 $14,937,861,786
2023 $213,240,316,635 $14,072,212,290
2022 $177,002,580,544 $12,936,444,123
2021 $183,282,685,440 $11,622,048,697
2020 $158,468,487,754 $11,566,111,138
2019 $164,936,682,034 $14,645,235,205
2018 $161,184,691,014 $14,957,535,716
2017 $143,335,098,992 $13,896,938,315
2016 $128,983,560,865 $12,757,680,847
2015 $125,244,126,623 $12,162,211,503
2014 $141,128,696,412 $13,230,490,082
2013 $135,646,053,779 $12,434,596,541
2012 $128,470,269,690 $11,832,323,837
2011 $141,712,804,954 $11,677,718,382
2010 $131,898,737,241 $10,144,716,155
2009 $130,807,441,076 $9,264,513,545
2008 $158,228,265,916 $10,127,777,060
2007 $140,123,326,896 $8,277,442,915
2006 $115,604,111,412 $7,137,710,413
2005 $113,098,237,571 $6,576,108,447
2004 $104,015,363,080 $6,667,418,752
2003 $85,190,469,121 $5,894,873,920
2002 $67,636,468,625 $4,906,494,249
2001 $53,800,068,066 $4,675,755,867
2000 $47,275,954,429 $4,726,108,622
1999 $49,160,204,397 $4,402,193,195
1998 $48,784,412,624 $4,225,813,976
1997 $47,398,564,799 $4,243,755,308
1996 $46,833,767,124 $4,481,489,762
1995 $46,577,614,589 $4,094,741,652
1994 $43,307,949,890 $3,606,050,873
1993 $40,256,233,360 $3,307,302,126
1992 $38,857,339,125 $3,267,677,814
1991 $34,867,307,353 $2,895,354,736
1990 $34,478,360,679 $2,689,212,760
1989 $30,422,508,938 $2,211,312,823
1988 $29,799,838,597 $2,163,252,449
1987 $27,232,016,527 $1,906,174,438
1986 $24,778,163,812 $1,482,601,552
1985 $21,510,643,750 $1,090,611,325
1984 $21,242,726,264 $1,054,564,759
1983 $21,910,365,258 $1,104,956,573
1982 $24,141,667,188 $1,092,923,636
1981 $23,705,883,892 $1,157,769,444
1980 $23,116,977,148 $1,147,027,924
1979 $19,959,731,325 $1,227,446,632
1978 $17,286,744,154 $1,029,040,323
1977 $14,783,674,055 $834,722,972
1976 $13,235,612,079 $713,510,052
1975 $11,420,392,515 $673,311,287
1974 $10,016,338,179 $669,894,030
1973 $9,138,292,402 $404,285,775
1972 $7,379,313,742 $318,664,900
1971 $6,291,568,221 $251,437,338
1970 $5,780,929,203 $224,125,805
1969 $5,429,812,387 $221,553,613
1968 $4,886,222,555 $206,576,631
1967 - $238,439,291
1966 - $227,534,083
1965 - $230,024,161
1964 - $218,914,569
1963 - $253,839,558
1962 - $197,738,208
1961 - $191,757,729
1960 - $162,089,564

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

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

GDP per capita in Hungary vs Mauritius by year

Hungary
GDP per capita

GDP per capita, PPP
Mauritius
GDP per capita

GDP per capita, PPP
1x
Year Current $
Hungary Mauritius
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,292 $48,552 $11,991 $31,840
2023 $22,231 $46,592 $11,270 $29,561
2022 $18,428 $44,366 $10,247 $26,874
2021 $19,031 $38,887 $9,178 $23,010
2020 $16,387 $35,584 $9,136 $21,622
2019 $17,013 $35,627 $11,568 $24,375
2018 $16,605 $32,258 $11,819 $23,416
2017 $14,736 $29,728 $10,987 $22,898
2016 $13,216 $28,179 $10,095 $21,952
2015 $12,783 $26,938 $9,631 $20,270
2014 $14,353 $25,796 $10,490 $19,294
2013 $13,739 $24,592 $9,877 $18,435
2012 $12,950 $23,205 $9,422 $17,259
2011 $14,211 $22,992 $9,324 $16,884
2010 $13,190 $21,691 $8,113 $15,920
2009 $13,051 $20,691 $7,427 $15,105
2008 $15,763 $20,709 $8,141 $14,569
2007 $13,935 $19,089 $6,677 $13,612
2006 $11,478 $18,362 $5,784 $12,593
2005 $11,212 $17,091 $5,354 $11,703
2004 $10,291 $16,251 $5,461 $11,216
2003 $8,410 $15,460 $4,858 $10,535
2002 $6,658 $14,532 $4,073 $9,824
2001 $5,281 $13,223 $3,909 $9,586
2000 $4,630 $11,872 $3,982 $9,143
1999 $4,802 $10,892 $3,746 $8,344
1998 $4,752 $10,415 $3,642 $8,121
1997 $4,606 $9,846 $3,696 $7,651
1996 $4,542 $9,388 $3,952 $7,206
1995 $4,509 $9,222 $3,648 $6,771
1994 $4,187 $8,888 $3,240 $6,414
1993 $3,887 $8,441 $3,014 $6,116
1992 $3,747 $8,284 $3,013 $5,753
1991 $3,361 $8,352 $2,705 $5,351
1990 $3,324 $9,169 $2,540 $5,010
1989 $2,902 - $2,103 -
1988 $2,812 - $2,074 -
1987 $2,566 - $1,840 -
1986 $2,331 - $1,442 -
1985 $2,020 - $1,069 -
1984 $1,991 - $1,042 -
1983 $2,050 - $1,103 -
1982 $2,255 - $1,101 -
1981 $2,213 - $1,181 -
1980 $2,158 - $1,187 -
1979 $1,865 - $1,292 -
1978 $1,618 - $1,102 -
1977 $1,388 - $906 -
1976 $1,249 - $787 -
1975 $1,083 - $755 -
1974 $956 - $763 -
1973 $876 - $467 -
1972 $710 - $374 -
1971 $607 - $299.6 -
1970 $559 - $271.3 -
1969 $527 - $272.7 -
1968 $476 - $258.7 -
1967 - - $304 -
1966 - - $296 -
1965 - - $305 -
1964 - - $297.3 -
1963 - - $353 -
1962 - - $282.3 -
1961 - - $281.7 -
1960 - - $238.3 -

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

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

Hungary's GDP per capita is $23,292, ranking 55/197, compared to $11,991 in Mauritius, ranking 78/197. Adjusted for purchasing power (GDP per capita PPP), Hungary ranks 48th at $48,552, while Mauritius ranks 71st at $31,840.

Economic indicators

Hungary Mauritius
Gross domestic product
$223B
2024
$14.9B
2024
GDP rank
55/197
2024
143/197
2024
GDP growth
0.56%
2023-2024
4.93%
2023-2024
GDP per capita
$23,292
2024
$11,991
2024
GDP per capita rank
55/197
2024
78/197
2024
GDP per capita, PPP
$48,552
2024
$31,840
2024
GDP per capita PPP rank
48/197
2024
71/197
2024
Government debt
$164B
2024
$13.6B
2024
Debt-to-GDP ratio
73.5%
2024
91.1%
2024
Government debt per person
$17,109
2024
$10,929
2024
Government debt per person rank
37/185
2024
54/185
2024
Average annual personal income after taxes
$16,996
2026
$7,203
2026
Market capitalization of domestic companies
$41.5B
2024
$9.12B
2024
Number of millionaires
24,692
2025
n/a
Number of billionaires
4
2025
n/a
Income share by richest 10%
24.4%
2022
29.9%
2017
Income share by poorest 10%
2.8%
2022
2.9%
2017
Government expenditure, % of GDP
46.9%
2024
33.7%
2024
Consumer prices inflation
3.7%
2023-2024
3.6%
2023-2024
Central bank interest rate
6.5%
2024
4.5%
2025
Unemployment rate
4.47%
2024
5.21%
2024
Population
9475525
1240121

Spending and national debt comparison by year

Hungary
Spending

Debt
Mauritius
Spending

Debt
1x
Year % of GDP
Hungary Mauritius
Government spending Government debt Government spending Government debt
2024 46.9% 73.5% 33.7% 91.1%
2023 49.2% 73% 29.9% 85.6%
2022 48.7% 73.9% 29.4% 86.9%
2021 48.1% 76.2% 30.8% 93.8%
2020 51% 78.7% 32.6% 93.4%
2019 45.8% 65% 27.8% 74.6%
2018 45.9% 68.8% 24.3% 64.1%
2017 46.6% 72% 24.3% 63%
2016 46.7% 74.6% 24% 64.3%
2015 50.4% 75.7% 24.5% 65%
2014 50% 76.5% 23% 60.6%
2013 50.1% 77.2% 24.1% 58.2%
2012 49.2% 78.4% 22.5% 55.9%
2011 49.1% 80.5% 23.7% 56.5%
2010 48.9% 80.2% 24% 56.4%
2009 50.7% 78.2% 25.2% 58.4%
2008 48.8% 71.8% 22.7% 49.4%
2007 49.9% 65.6% 21.5% 51.6%
2006 51.4% 64.5% 22.2% 59.3%
2005 49.4% 60.6% 23% 61.7%
2004 48.8% 58.9% 22.6% 61.1%
2003 49.2% 58.2% 23.4% 70.8%
2002 51% 55.6% 23.3% 66.7%
2001 47.2% 52.2% 22.4% 60.5%
2000 47.3% 55.6% 22.2% 59.7%
1999 48.9% 60.3% 27.5% -
1998 50.7% 60.4% 26.6% -
1997 49.5% 62.2% 27.5% -
1996 50.9% 71.2% 27.4% -
1995 55% 83.9% 27.3% -
1994 - 86.2% 27.5% -
1993 - 87.2% 24.5% -
1992 - 76.5% 26.8% -
1991 - 74.2% 27.2% -
1990 - 63.7% 30.2% -
1989 - 70.7% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989–1994, retrieved 2026-02-20).

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

In 2024, Hungary's government spending was $104B, accounting for 46.9% of its GDP, while Mauritius spent $5.03B, or 33.7% of GDP.

Debt-to-GDP ratio is 73.5% in Hungary and 91.1% in Mauritius, ranking 49/185 and 30/185, respectively.

Government deficit by year

Deficit/surplus
Hungary

Mauritius
1x
Year Deficit/surplus, % of GDP
Hungary Mauritius
2024 -4.92% -7.47%
2023 -6.75% -4.7%
2022 -6.17% -3.34%
2021 -7.11% -4.45%
2020 -7.49% -10.6%
2019 -2.02% -7.53%
2018 -2.05% -2.19%
2017 -2.45% -1.66%
2016 -1.79% -2.81%
2015 -2% -3.59%
2014 -2.77% -3.13%
2013 -2.6% -3.4%
2012 -2.33% -1.78%
2011 -5.22% -3.09%
2010 -4.44% -3.07%
2009 -4.76% -3.41%
2008 -3.78% -2.66%
2007 -5.09% -3.09%
2006 -9.27% -4.14%
2005 -7.79% -4.44%
2004 -6.6% -4.34%
2003 -7.19% -4.82%
2002 -8.79% -5.18%
2001 -4% -5.53%
2000 -3.04% -4.4%
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/hungary/mauritius | CC BY

In 2024, Hungary's government deficit, the difference between spending and revenue, was $10.9B, equivalent to 4.92% of GDP. This compares to Mauritius' deficit of $1.12B, or 7.47% of GDP.

Over the past 25 years, Hungary recorded a fiscal deficit in 25 of those years, while Mauritius ran a deficit in 25 years. On average, Hungary posted an annual deficit equal to 4.82% of GDP, compared to deficit of 4.19% of GDP for Mauritius.

Inflation comparison by year

Inflation
Hungary

Mauritius
1x
Year Consumer prices inflation
Hungary Mauritius
2024 3.7% 3.6%
2023 17.1% 7.05%
2022 14.6% 10.8%
2021 5.11% 4.03%
2020 3.33% 2.58%
2019 3.34% 0.41%
2018 2.85% 3.22%
2017 2.35% 3.67%
2016 0.39% 0.98%
2015 -0.06% 1.29%
2014 -0.23% 3.22%
2013 1.73% 3.54%
2012 5.65% 3.85%
2011 3.93% 6.52%
2010 4.86% 2.93%
2009 4.21% 2.52%
2008 6.04% 9.73%
2007 7.96% 8.83%
2006 3.93% 8.91%
2005 3.56% 4.94%
2004 6.74% 4.71%
2003 4.66% 3.92%
2002 5.27% 6.42%
2001 9.12% 5.39%
2000 9.8% 4.2%
1999 10% 6.91%
1998 14.2% 6.81%
1997 18.3% 6.83%

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

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

Over the past 28 years, Hungary has recorded an average annual inflation rate of 6.16%, compared with 4.92% in Mauritius. In 2024, inflation was 3.7% in Hungary and 3.6% in Mauritius.

Top exports between countries

Hungary
Export category Export value
Machinery & equipment $1.89M
Chemicals & pharma $964K
Textiles & consumer goods $450K
Raw materials & minerals $215K
Precious metals & jewellery $146K
Processed food, beverages & tobacco $141K
Animal & marine products $106K
Wood & paper products $38K
Miscellaneous $10K
Metals $6K
Mauritius
Export category Export value
Chemicals & pharma $494K
Processed food, beverages & tobacco $338K
Machinery & equipment $78K
Textiles & consumer goods $29K
Precious metals & jewellery $2K
Miscellaneous $1K

Balance of trade

Hungary Mauritius
Current account balance
$3.52B
2024
-$1.05B
2024
Current account balance ranking
36/190
2024
126/190
2024
Current account balance, % of GDP
+1.58%
2024
-7.03%
2024
Goods imports
$130B
2024
$6.35B
2024
Goods exports
$129B
2024
$2.37B
2024
Service imports
$27.9B
2024
$2.28B
2024
Service exports
$38.9B
2024
$4.19B
2024
Imports of goods and services, % of GDP
71.1%
2024
78.3%
2024
Exports of goods and services, % of GDP
75.4%
2024
67.1%
2024

Economic freedom indices

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

Hungary Mauritius
Economic freedom 62.5 73
Economic freedom ranking 86/197 26/197
Property rights 67.3 83.9
Government integrity 44 53.4
Judicial effectiveness 61.9 80.7
Tax burden 85.1 89.6
Government spending 30.2 73.8
Fiscal health 32.7 45.5
Business freedom 70.8 81.5
Labor freedom 56.5 69.6
Monetary freedom 72.1 70.7
Trade freedom 79.4 87
Investment freedom 80 70
Financial freedom 70 70

Economic freedom comparison by year

Hungary
Mauritius
1x
Year Economic freedom index
Hungary Mauritius
2026 62.5 73
2025 61.4 75
2024 61.2 71.5
2023 64.1 70.6
2022 66.9 70.9
2021 67.2 77
2020 66.4 74.9
2019 65 73
2018 66.7 75.1
2017 65.8 74.7
2016 66 74.7
2015 66.8 76.4
2014 67 76.5
2013 67.3 76.9
2012 67.1 77
2011 66.6 76.2
2010 66.1 76.3
2009 66.8 74.3
2008 67.6 72.6
2007 64.8 69.4
2006 65 67.4
2005 63.5 67.2
2004 62.7 64.3
2003 63 64.4
2002 64.5 67.7
2001 65.6 66.4
2000 64.4 67.2
1999 59.6 68.5
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/hungary/mauritius | CC BY

The Economic Freedom Index for Hungary is 62.5, ranking 86/197, compared to 73 for Mauritius, ranking 26/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Hungary Mauritius
Services, % of GDP
59.5%
2024
64.4%
2024
Industry, % of GDP
23.7%
2024
17.8%
2024
Agriculture, forestry, and fishing, % of GDP
2.71%
2024
4.23%
2024
GNI, Atlas method
$199B
2024
$16.2B
2024
GNI per capita, PPP
$47,290
2024
$35,100
2024
Total reserves including gold
$46.4B
2024
$8.51B
2024
Total reserves ranking
42/177
2024
83/177
2024
Net foreign direct investment
-$15.8B
2024
$963M
2024
Net inflows of foreign direct investment
-$62.2B
2024
$681M
2024
Net outflows of foreign direct investment
-$78B
2024
$38.3M
2024
Servicing debt to the IMF, % of GNI n/a
10.1%
2024
Poverty at national poverty lines
12.1%
2021
8.4%
2023
Gross capital formation, % of GDP
23.5%
2024
21.2%
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/hungary/mauritius | 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 (1990–2024, 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 (2021–2024, 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.