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Economy of Hungary vs Saint Lucia compared: GDP & Debt

Updated on by Georank

Hungary has a GDP of $246B compared to $2.66B for Saint Lucia, ranking 55/197 and 173/197 by economy size, respectively.

Hungary has $185B in government debt (75.2% of GDP), compared to $2.05B (77.1% of GDP) in Saint Lucia.

Hungary vs Saint Lucia GDP by year

Hungary
Saint Lucia
1x
Year GDP, current $
Hungary Saint Lucia
2025 $246,490,213,513 $2,656,444,444
2024 $222,848,211,034 $2,605,148,148
2023 $213,029,511,029 $2,441,259,259
2022 $177,002,580,544 $2,319,888,889
2021 $183,282,685,440 $1,871,111,111
2020 $158,468,487,754 $1,521,740,741
2019 $164,936,682,034 $2,090,074,074
2018 $161,184,691,014 $2,060,955,556
2017 $143,335,098,992 $1,998,503,704
2016 $128,983,560,865 $1,868,544,444
2015 $125,244,126,623 $1,807,640,741
2014 $141,128,696,412 $1,749,185,185
2013 $135,646,053,779 $1,660,392,593
2012 $128,470,269,690 $1,598,207,407
2011 $141,712,804,954 $1,568,370,370
2010 $131,898,737,241 $1,482,385,185
2009 $130,807,441,076 $1,401,507,889
2008 $158,228,265,916 $1,437,731,111
2007 $140,123,326,896 $1,336,088,815
2006 $115,604,111,412 $1,268,319,185
2005 $113,098,237,571 $1,135,555,556
2004 $104,015,363,080 $1,066,666,667
2003 $85,190,469,121 $987,407,407
2002 $67,636,468,625 $900,000,000
2001 $53,800,068,066 $892,592,593
2000 $47,275,954,429 $932,592,593
1999 $49,160,204,397 $921,851,852
1998 $48,784,412,624 $877,407,407
1997 $47,398,564,799 $805,925,926
1996 $46,833,767,124 $788,888,889
1995 $46,577,614,589 $762,962,963
1994 $43,307,949,890 $713,703,704
1993 $40,256,233,360 $684,814,815
1992 $38,857,339,125 $674,074,074
1991 $34,867,307,353 $613,703,704
1990 $34,478,360,679 $579,629,630
1989 $30,422,508,938 $486,666,667
1988 $29,799,838,597 $429,629,630
1987 $27,232,016,527 $375,555,556
1986 $24,778,163,812 $340,000,000
1985 $21,510,643,750 $284,444,444
1984 $21,242,726,264 $251,481,481
1983 $21,910,365,258 $197,037,037
1982 $24,141,667,188 $183,333,333
1981 $23,705,883,892 $194,444,444
1980 $23,116,977,148 $170,370,370
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 (1968–2025, retrieved 2026-07-08).

GeoRank.org/economy/hungary/saint-lucia | CC BY

GDP per capita in Hungary vs Saint Lucia by year

Hungary
GDP per capita

GDP per capita, PPP
Saint Lucia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Hungary Saint Lucia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $25,907 - $14,746 -
2024 $23,305 $48,552 $14,494 $27,567
2023 $22,209 $46,592 $13,617 $25,975
2022 $18,428 $44,366 $12,976 $24,599
2021 $19,031 $38,887 $10,481 $19,101
2020 $16,387 $35,584 $8,537 $14,912
2019 $17,013 $35,627 $11,764 $18,710
2018 $16,605 $32,258 $11,643 $17,433
2017 $14,736 $29,728 $11,333 $16,131
2016 $13,216 $28,179 $10,638 $15,307
2015 $12,783 $26,938 $10,335 $14,353
2014 $14,353 $25,796 $10,045 $14,403
2013 $13,739 $24,592 $9,577 $14,010
2012 $12,950 $23,205 $9,260 $13,443
2011 $14,211 $22,992 $9,129 $13,471
2010 $13,190 $21,691 $8,674 $12,718
2009 $13,051 $20,691 $8,251 $12,600
2008 $15,763 $20,709 $8,517 $12,969
2007 $13,935 $19,089 $7,964 $12,199
2006 $11,478 $18,362 $7,611 $11,758
2005 $11,212 $17,091 $6,863 $10,818
2004 $10,291 $16,251 $6,495 $10,610
2003 $8,410 $15,460 $6,059 $9,707
2002 $6,658 $14,532 $5,568 $9,205
2001 $5,281 $13,223 $5,570 $9,106
2000 $4,630 $11,872 $5,880 $9,314
1999 $4,802 $10,892 $5,883 $9,214
1998 $4,752 $10,415 $5,673 $8,965
1997 $4,606 $9,846 $5,282 $8,456
1996 $4,542 $9,388 $5,244 $8,490
1995 $4,509 $9,222 $5,148 $8,222
1994 $4,187 $8,888 $4,892 $8,041
1993 $3,887 $8,441 $4,765 $7,865
1992 $3,747 $8,284 $4,760 $7,753
1991 $3,361 $8,352 $4,399 $7,127
1990 $3,324 $9,169 $4,205 $6,951
1989 $2,902 - $3,565 -
1988 $2,812 - $3,182 -
1987 $2,566 - $2,819 -
1986 $2,331 - $2,591 -
1985 $2,020 - $2,202 -
1984 $1,991 - $1,979 -
1983 $2,050 - $1,576 -
1982 $2,255 - $1,489 -
1981 $2,213 - $1,605 -
1980 $2,158 - $1,428 -
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 (1968–2025, retrieved 2026-07-08).

GeoRank.org/economy/hungary/saint-lucia | CC BY

Hungary's GDP per capita is $25,907, ranking 52/197, compared to $14,746 in Saint Lucia, ranking 72/197. Adjusted for purchasing power (GDP per capita PPP), Hungary ranks 48th at $48,552, while Saint Lucia ranks 75th at $27,567.

Economic indicators

Hungary Saint Lucia
Gross domestic product
$246B
2025
$2.66B
2025
GDP rank
55/197
2025
173/197
2025
GDP growth
0.51%
2024-2025
-0.57%
2024-2025
GDP per capita
$25,907
2025
$14,746
2025
GDP per capita rank
52/197
2025
72/197
2025
GDP per capita, PPP
$48,552
2024
$27,567
2024
GDP per capita PPP rank
48/197
2024
75/197
2024
Government debt
$185B
2025
$2.05B
2025
Debt-to-GDP ratio
75.2%
2025
77.1%
2025
Government debt per person
$19,473
2025
$11,365
2025
Government debt per person rank
33/185
2025
53/185
2025
Average annual personal income after taxes
$18,331
2026
$12,464
2026
Market capitalization of domestic companies
$62.6B
2025
n/a
Number of millionaires
27,000
2026
n/a
Number of billionaires
4
2026
n/a
Income share by richest 10%
24.4%
2022
34.1%
2015
Income share by poorest 10%
2.8%
2022
2.1%
2015
Government expenditure, % of GDP
47.5%
2025
25.2%
2025
Consumer prices inflation
4.41%
2024-2025
2.03%
2024-2025
Central bank interest rate
6.25%
2026
n/a
Unemployment rate
4.4%
2025
7.66%
2025
Population
9454659
180676

Spending and national debt comparison by year

Hungary
Spending

Debt
Saint Lucia
Spending

Debt
1x
Year % of GDP
Hungary Saint Lucia
Government spending Government debt Government spending Government debt
2025 47.5% 75.2% 25.2% 77.1%
2024 46.9% 73.5% 24.4% 76.7%
2023 49.3% 73.2% 25.3% 75.2%
2022 48.9% 74.1% 23.8% 73.9%
2021 48.1% 76.2% 26.7% 81.9%
2020 51% 78.7% 33.1% 94.4%
2019 45.8% 65% 24.6% 62.1%
2018 45.9% 68.8% 23.2% 60.3%
2017 46.6% 72% 23% 59.9%
2016 46.7% 74.6% 22.6% 60.2%
2015 50.4% 75.7% 22.1% 60.6%
2014 50% 76.5% 22.6% 61.9%
2013 50.1% 77.2% 24.3% 61.2%
2012 49.2% 78.4% 27.1% 60.2%
2011 49.1% 80.5% 26.9% 54.9%
2010 48.9% 80.2% 25.6% 52.2%
2009 50.7% 78.2% 24.2% 50.2%
2008 48.8% 71.8% 22.3% 46.9%
2007 49.9% 65.6% 22.2% 48.2%
2006 51.4% 64.5% 24.4% 48%
2005 49.4% 60.6% 25.3% 50.4%
2004 48.8% 58.9% 22.5% 48.8%
2003 49.2% 58.2% 22.5% 44.7%
2002 51% 55.6% 23% 47.7%
2001 47.2% 52.2% 22% 38%
2000 47.3% 55.6% 20.9% 32.8%
1999 48.9% 60.3% 20.9% 28.8%
1998 50.7% 60.4% 18.6% 29.1%
1997 49.5% 62.2% 19% 26.6%
1996 50.9% 71.2% 18.8% 23.9%
1995 55% 83.9% 19% 22.7%
1994 - 86.2% 18.7% 23.4%
1993 - 87.2% 21.6% 22.7%
1992 - 76.5% 18.3% 22.1%
1991 - 74.2% 18% 19.3%
1990 - 63.7% 16.5% 16.7%
1989 - 70.7% 19% 18.1%
1988 - - 18.2% 18.6%
1987 - - 19.9% 19.6%
1986 - - 21.1% 17.2%
1985 - - 20.4% 17.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1994, retrieved 2026-07-08).

GeoRank.org/economy/hungary/saint-lucia | CC BY

In 2025, Hungary's government spending was $117B, accounting for 47.5% of its GDP, while Saint Lucia spent $671M, or 25.2% of GDP.

Debt-to-GDP ratio is 75.2% in Hungary and 77.1% in Saint Lucia, ranking 50/185 and 48/185, respectively.

Government deficit by year

Deficit/surplus
Hungary

Saint Lucia
1x
Year Deficit/surplus, % of GDP
Hungary Saint Lucia
2025 -4.68% -2.88%
2024 -4.9% -1.81%
2023 -6.77% -3.18%
2022 -6.19% -2.48%
2021 -7.11% -5.35%
2020 -7.49% -11.5%
2019 -2.02% -2.95%
2018 -2.05% -1.22%
2017 -2.45% -2.09%
2016 -1.79% -1.53%
2015 -2% -1.18%
2014 -2.77% -2.29%
2013 -2.6% -3.98%
2012 -2.33% -6.93%
2011 -5.22% -5.35%
2010 -4.44% -4.11%
2009 -4.76% -2.63%
2008 -3.78% -0.72%
2007 -5.09% -1.59%
2006 -9.27% -5.01%
2005 -7.79% -6%
2004 -6.6% -2.58%
2003 -7.19% -3.17%
2002 -8.79% -3.03%
2001 -4% -3.07%
2000 -3.04% -1.17%
1999 -5.27% 1.61%
1998 -7.41% 2.22%
1997 -5.54% -1.1%
1996 -4.36% -0.57%
1995 -8.57% -0.13%
1994 - -0.02%
1993 - -0.25%
1992 - -0.66%
1991 - -0.42%
1990 - 0.29%
1989 - 0.89%
1988 - 2.02%
1987 - 0.56%
1986 - -1.61%
1985 - -1.5%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1927–1989, retrieved 2026-07-08).

GeoRank.org/economy/hungary/saint-lucia | CC BY

In 2025, Hungary's government deficit, the difference between spending and revenue, was $11.5B, equivalent to 4.68% of GDP. This compares to Saint Lucia's deficit of $76.5M, or 2.88% of GDP.

Over the past 31 years, Hungary recorded a fiscal deficit in 31 of those years, while Saint Lucia ran a deficit in 29 years. On average, Hungary posted an annual deficit equal to 5.04% of GDP, compared to deficit of 2.77% of GDP for Saint Lucia.

Inflation comparison by year

Inflation
Hungary

Saint Lucia
1x
Year Consumer prices inflation
Hungary Saint Lucia
2025 4.41% 2.03%
2024 3.7% -0.67%
2023 17.1% 3.82%
2022 14.6% 9.65%
2021 5.11% 2.41%
2020 3.33% -1.76%
2019 3.34% 0.54%
2018 2.85% 1.94%
2017 2.35% 0.1%
2016 0.39% -3.08%
2015 -0.06% -0.98%
2014 -0.23% 3.52%
2013 1.73% 1.47%
2012 5.65% 4.18%
2011 3.93% 2.77%
2010 4.86% 3.25%
2009 4.21% -0.16%
2008 6.04% 5.55%
2007 7.96% 2.82%
2006 3.93% 2.4%
2005 3.56% 3.9%
2004 6.74% 1.46%
2003 4.66% 1.03%
2002 5.27% -0.26%
2001 9.12% 5.31%
2000 9.8% 3.71%
1999 10% 3.5%
1998 14.2% 3.2%
1997 18.3% -0.006%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/hungary/saint-lucia | CC BY

Over the past 29 years, Hungary has recorded an average annual inflation rate of 6.1%, compared with 2.13% in Saint Lucia. In 2025, inflation was 4.41% in Hungary and 2.03% in Saint Lucia.

Top exports between countries

Hungary
Export category Export value
Chemicals & pharma $97K
Machinery & equipment $36K
Textiles & consumer goods $32K
Metals $9K
Raw materials & minerals $4K
Miscellaneous $1K
Saint Lucia
Export category Export value

Balance of trade

Hungary Saint Lucia
Current account balance
$4.08B
2025
-$166M
2025
Current account balance ranking
34/190
2025
89/190
2025
Current account balance, % of GDP
+1.65%
2025
-6.26%
2025
Goods imports
$139B
2025
$834M
2025
Goods exports
$136B
2025
$144M
2025
Service imports
$29.8B
2025
$672M
2025
Service exports
$43.1B
2025
$1.4B
2025
Imports of goods and services, % of GDP
68.1%
2025
n/a
Exports of goods and services, % of GDP
72.6%
2025
19%
2026

Economic freedom indices

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

Hungary Saint Lucia
Economic freedom 62.5 67.5
Economic freedom ranking 86/197 57/197
Property rights 67.3 64.3
Government integrity 44 59.7
Judicial effectiveness 61.9 77.3
Tax burden 85.1 77.7
Government spending 30.2 82.6
Fiscal health 32.7 80
Business freedom 70.8 71.9
Labor freedom 56.5 65.2
Monetary freedom 72.1 81
Trade freedom 79.4 60
Investment freedom 80 50
Financial freedom 70 40

Economic freedom comparison by year

Hungary
Saint Lucia
1x
Year Economic freedom index
Hungary Saint Lucia
2026 62.5 67.5
2025 61.4 67
2024 61.2 62.2
2023 64.1 60.7
2022 66.9 64.3
2021 67.2 67.5
2020 66.4 68.2
2019 65 68.7
2018 66.7 67.6
2017 65.8 65
2016 66 70
2015 66.8 70.2
2014 67 70.7
2013 67.3 70.4
2012 67.1 71.3
2011 66.6 70.8
2010 66.1 70.5
2009 66.8 68.8
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 2026-07-08).

GeoRank.org/economy/hungary/saint-lucia | CC BY

The Economic Freedom Index for Hungary is 62.5, ranking 86/197, compared to 67.5 for Saint Lucia, ranking 57/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Hungary Saint Lucia
Services, % of GDP
60.1%
2025
73.8%
2025
Industry, % of GDP
23%
2025
10.7%
2025
Agriculture, forestry, and fishing, % of GDP
2.65%
2025
1.66%
2025
GNI, Atlas method
$227B
2025
$2.42B
2025
GNI per capita, PPP
$48,630
2025
$26,180
2025
Total reserves including gold
$59.1B
2025
$447M
2025
Total reserves ranking
42/177
2025
160/177
2025
Net foreign direct investment
$9.1B
2025
-$175M
2025
Net inflows of foreign direct investment
-$61.3B
2024
$187M
2024
Net outflows of foreign direct investment
-$76.3B
2024
-$350K
2024
Servicing debt to the IMF, % of GNI n/a
3.35%
2024
Poverty at national poverty lines
12.1%
2021
25%
2016
Gross capital formation, % of GDP
22.2%
2025
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/hungary/saint-lucia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1968–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1927–1994, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2023–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.