Hungary vs the Netherlands: Economic Indicators Comparison
The Netherlands with a GDP of $913.7B ranked the 17th largest economy in the world, while Hungary ranked 57th with $157.9B. By GDP 5-years average growth and GDP per capita, the Netherlands and Hungary ranked 121st vs 58th and 15th vs 57th, respectively.
Gross Domestic Product & Income
Stat | Hungary | Netherlands |
---|---|---|
GDP | $157.9B | $913.7B |
GDP growth, 1 year | 4.9% | 2.5% |
GDP growth, 5-years average | 3.8% | 2.2% |
Population | 9.9M | 17.3M |
GDP per capita | $16k | $53k |
GDP per capita growth | 5.3% | 2% |
Purchasing Power Parity conversion factor | 140.41 | 0.8 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.52 | 0.94 |
GDP per capita, PPP adjusted | $32k | $56k |
GNI, Atlas method | $144.3B | $883.2B |
GNI per capita | $15k | $51k |
GNI, PPP adjusted | $291.7B | $980.2B |
GNI per capita, PPP adjusted | $30k | $57k |
Financial system and Human development
Stat | Hungary | Netherlands |
---|---|---|
Income Tax Rate | 15% | 52% |
Corporate Tax Rate | 19% | 25% |
Inflation, consumer prices | 2.8% | 1.6% |
Inflation, GDP deflator | 4.5% | 2.2% |
Unemployment | 3.7% | 3.9% |
Economic Freedom Index | 66.4 | 77 |
Personal Freedom Index | 8.89 | 9.23 |
Human Freedom Index | 8.11 | 8.49 |
Property Rights Index | 64.8 | 90 |
Judical Effectiveness Index | 45.7 | 73.9 |
Business Freedom Index | 60.2 | 80.4 |
Fiscal Health Index | 83.6 | 94.1 |
Labor Freedom Index | 64.6 | 60.2 |
Investment Freedom Index | 80 | 90 |
Financial Freedom Index | 70 | 80 |
Trade Freedom Index | 86.4 | 86.4 |
Monetary Freedom Index | 79.9 | 82.5 |
Government Spending Index | 34.5 | 45.2 |
Tax Burden Index | 79.9 | 51.7 |
Government Integrity Index | 47.5 | 90.1 |
Corruption Perceptions Index | 46 | 82 |
Life expectancy at birth, years | 76.1 | 81.6 |
Suicide mortality rate, per 100,000 people | 19.1 | 12.6 |
Mortality caused by road traffic injury, per 100,000 people | 7.8 | 3.8 |
Intentional homicides, per 100,000 people | 2.5 | 0.8 |
International tourism, number of arrivals | 17.6M | 18.8M |
Government debt & reserves
Stat | Hungary | Netherlands |
---|---|---|
Central government debt, % of GDP | 69.4% | 54.4% |
External debt stocks, % of GNI | N/A | N/A |
External debt stocks | N/A | N/A |
Short-term debt, % of total reserves | N/A | N/A |
Total debt service, % of exports and primary income | N/A | N/A |
Adjusted net savings including particulate emission damage, % of GNI | 13.2% | 18.4% |
Gross savings, % of GDP | 26.6% | 31.9% |
Gross capital formation, % of GDP | 27.2% | 20.7% |
Total reserves including gold | $31.4B | $38.4B |
Foreign direct investment net inflows | -$65.5B | -$239.3B |
Exports, imports and economic structure
Stat | Hungary | Netherlands |
---|---|---|
Exports of goods and services, % of GDP | 84.9% | 84.3% |
Imports of goods and services, % of GDP | 80.6% | 73.3% |
Current account balance (balance of payments) | -$677.9M | $99.1B |
Revenue excluding grants, % of GDP | 39.4% | 39.1% |
Grants excluding technical cooperation, BoP | $253.3M | N/A |
Personal remittances received | $4.2B | $2.5B |
Industry including construction value added, % of GDP | 25.4% | 17.9% |
Agriculture, forestry and fishing value added, % of GDP | 3.6% | 1.6% |
Charges for the use of intellectual property, payments BoP | $1.5B | $41.9B |
Charges for the use of intellectual property, receipts BoP | $1.8B | $35B |
Expense, % of GDP | 41.6% | 37.8% |
Government Expenditure, % of GDP | 46.7% | 42.7% |