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Economy of Hungary vs Saint Vincent compared: GDP & Debt

Updated on by Georank

Hungary has a GDP of $246B compared to $1.26B for Saint Vincent, ranking 55/197 and 187/197 by economy size, respectively.

Hungary has $185B in government debt (75.2% of GDP), compared to $1.42B (113.4% of GDP) in Saint Vincent.

Hungary vs Saint Vincent GDP by year

Hungary
Saint Vincent
1x
Year GDP, current $
Hungary Saint Vincent
2025 $246,490,213,513 $1,255,222,222
2024 $222,848,211,034 $1,157,207,407
2023 $213,029,511,029 $1,072,237,037
2022 $177,002,580,544 $989,188,889
2021 $183,282,685,440 $888,677,778
2020 $158,468,487,754 $864,566,667
2019 $164,936,682,034 $910,481,481
2018 $161,184,691,014 $884,329,630
2017 $143,335,098,992 $844,040,741
2016 $128,983,560,865 $814,303,704
2015 $125,244,126,623 $786,555,556
2014 $141,128,696,412 $770,900,000
2013 $135,646,053,779 $764,781,259
2012 $128,470,269,690 $730,032,593
2011 $141,712,804,954 $713,796,370
2010 $131,898,737,241 $720,447,889
2009 $130,807,441,076 $714,300,259
2008 $158,228,265,916 $732,663,259
2007 $140,123,326,896 $713,596,667
2006 $115,604,111,412 $643,501,148
2005 $113,098,237,571 $579,948,926
2004 $104,015,363,080 $549,900,185
2003 $85,190,469,121 $509,090,889
2002 $67,636,468,625 $487,763,852
2001 $53,800,068,066 $462,072,333
2000 $47,275,954,429 $427,946,037
1999 $49,160,204,397 $390,718,519
1998 $48,784,412,624 $373,618,519
1997 $47,398,564,799 $347,770,370
1996 $46,833,767,124 $331,488,889
1995 $46,577,614,589 $316,007,407
1994 $43,307,949,890 $289,437,037
1993 $40,256,233,360 $286,307,407
1992 $38,857,339,125 $277,955,556
1991 $34,867,307,353 $254,829,630
1990 $34,478,360,679 $240,366,667
1989 $30,422,508,938 $214,745,002
1988 $29,799,838,597 $200,726,713
1987 $27,232,016,527 $175,580,647
1986 $24,778,163,812 $160,846,657
1985 $21,510,643,750 $145,641,705
1984 $21,242,726,264 $135,024,988
1983 $21,910,365,258 $122,255,350
1982 $24,141,667,188 $113,759,203
1981 $23,705,883,892 $102,086,539
1980 $23,116,977,148 $82,340,340
1979 $19,959,731,325 $71,096,360
1978 $17,286,744,154 $60,844,771
1977 $14,783,674,055 $49,353,162
1976 $13,235,612,079 $32,792,845
1975 $11,420,392,515 $33,237,226
1974 $10,016,338,179 $32,923,703
1973 $9,138,292,402 $30,165,081
1972 $7,379,313,742 $27,585,805
1971 $6,291,568,221 $20,051,922
1970 $5,780,929,203 $18,450,000
1969 $5,429,812,387 $16,650,000
1968 $4,886,222,555 $15,350,000
1967 - $15,835,106
1966 - $16,099,960
1965 - $15,108,296
1964 - $14,758,296
1963 - $13,708,299
1962 - $14,524,964
1961 - $13,999,965
1960 - $13,066,634

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Hungary vs Saint Vincent by year

Hungary
GDP per capita

GDP per capita, PPP
Saint Vincent
GDP per capita

GDP per capita, PPP
1x
Year Current $
Hungary Saint Vincent
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $25,907 - $12,562 -
2024 $23,305 $48,552 $11,501 $21,272
2023 $22,209 $46,592 $10,582 $19,820
2022 $18,428 $44,366 $9,694 $18,035
2021 $19,031 $38,887 $8,641 $16,201
2020 $16,387 $35,584 $8,351 $15,337
2019 $17,013 $35,627 $8,741 $15,340
2018 $16,605 $32,258 $8,428 $14,690
2017 $14,736 $29,728 $7,988 $13,575
2016 $13,216 $28,179 $7,657 $13,493
2015 $12,783 $26,938 $7,354 $12,379
2014 $14,353 $25,796 $7,169 $12,136
2013 $13,739 $24,592 $7,072 $11,625
2012 $12,950 $23,205 $6,714 $10,989
2011 $14,211 $22,992 $6,528 $10,774
2010 $13,190 $21,691 $6,552 $10,561
2009 $13,051 $20,691 $6,464 $10,869
2008 $15,763 $20,709 $6,599 $10,902
2007 $13,935 $19,089 $6,398 $10,604
2006 $11,478 $18,362 $5,745 $9,949
2005 $11,212 $17,091 $5,157 $8,986
2004 $10,291 $16,251 $4,873 $8,472
2003 $8,410 $15,460 $4,500 $7,903
2002 $6,658 $14,532 $4,303 $7,250
2001 $5,281 $13,223 $4,071 $6,768
2000 $4,630 $11,872 $3,769 $6,503
1999 $4,802 $10,892 $3,447 $6,266
1998 $4,752 $10,415 $3,301 $6,026
1997 $4,606 $9,846 $3,074 $5,726
1996 $4,542 $9,388 $2,930 $5,440
1995 $4,509 $9,222 $2,795 $5,277
1994 $4,187 $8,888 $2,563 $4,802
1993 $3,887 $8,441 $2,540 $4,769
1992 $3,747 $8,284 $2,471 $4,477
1991 $3,361 $8,352 $2,271 $4,126
1990 $3,324 $9,169 $2,150 $3,960
1989 $2,902 - $1,930 -
1988 $2,812 - $1,814 -
1987 $2,566 - $1,596 -
1986 $2,331 - $1,472 -
1985 $2,020 - $1,342 -
1984 $1,991 - $1,254 -
1983 $2,050 - $1,144 -
1982 $2,255 - $1,074 -
1981 $2,213 - $972 -
1980 $2,158 - $790 -
1979 $1,865 - $687 -
1978 $1,618 - $592 -
1977 $1,388 - $484 -
1976 $1,249 - $324 -
1975 $1,083 - $331 -
1974 $956 - $331 -
1973 $876 - $306 -
1972 $710 - $282.1 -
1971 $607 - $207 -
1970 $559 - $192.3 -
1969 $527 - $175.2 -
1968 $476 - $163.1 -
1967 - - $170 -
1966 - - $174.9 -
1965 - - $166.2 -
1964 - - $164.4 -
1963 - - $154.9 -
1962 - - $166.5 -
1961 - - $163 -
1960 - - $154.8 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Hungary's GDP per capita is $25,907, ranking 52/197, compared to $12,562 in Saint Vincent, ranking 81/197. Adjusted for purchasing power (GDP per capita PPP), Hungary ranks 48th at $48,552, while Saint Vincent ranks 92nd at $21,272.

Economic indicators

Hungary Saint Vincent
Gross domestic product
$246B
2025
$1.26B
2025
GDP rank
55/197
2025
187/197
2025
GDP growth
0.51%
2024-2025
3.39%
2024-2025
GDP per capita
$25,907
2025
$12,562
2025
GDP per capita rank
52/197
2025
81/197
2025
GDP per capita, PPP
$48,552
2024
$21,272
2024
GDP per capita PPP rank
48/197
2024
92/197
2024
Government debt
$185B
2025
$1.42B
2025
Debt-to-GDP ratio
75.2%
2025
113.4%
2025
Government debt per person
$19,473
2025
$14,247
2025
Government debt per person rank
33/185
2025
46/185
2025
Average annual personal income after taxes
$18,331
2026
$12,810
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
n/a
Income share by poorest 10%
2.8%
2022
n/a
Government expenditure, % of GDP
47.5%
2025
41%
2025
Consumer prices inflation
4.41%
2024-2025
0.82%
2024-2025
Central bank interest rate
6.25%
2026
n/a
Unemployment rate
4.4%
2025
18.8%
2008
Population
9454659
99243

Spending and national debt comparison by year

Hungary
Spending

Debt
Saint Vincent
Spending

Debt
1x
Year % of GDP
Hungary Saint Vincent
Government spending Government debt Government spending Government debt
2025 47.5% 75.2% 41% 113.4%
2024 46.9% 73.5% 43.9% 102.8%
2023 49.3% 73.2% 39.7% 91.3%
2022 48.9% 74.1% 36.6% 88.6%
2021 48.1% 76.2% 37.2% 88.3%
2020 51% 78.7% 32.9% 81.7%
2019 45.8% 65% 29.1% 68%
2018 45.9% 68.8% 26.3% 69.3%
2017 46.6% 72% 26.6% 69.5%
2016 46.7% 74.6% 27.1% 78.1%
2015 50.4% 75.7% 27.6% 76%
2014 50% 76.5% 30.4% 75.1%
2013 50.1% 77.2% 29.5% 70%
2012 49.2% 78.4% 26.3% 67.8%
2011 49.1% 80.5% 29.4% 64%
2010 48.9% 80.2% 31.1% 61.1%
2009 50.7% 78.2% 31% 57.2%
2008 48.8% 71.8% 28.3% 50.2%
2007 49.9% 65.6% 27.1% 48.4%
2006 51.4% 64.5% 26.1% 44.7%
2005 49.4% 60.6% 26.7% 50.5%
2004 48.8% 58.9% 24.9% 58.5%
2003 49.2% 58.2% 26% 55.3%
2002 51% 55.6% 25.7% 53.2%
2001 47.2% 52.2% 24.4% 51.9%
2000 47.3% 55.6% 23.8% 54.2%
1999 48.9% 60.3% 25.5% 53.4%
1998 50.7% 60.4% 25.4% 39.9%
1997 49.5% 62.2% 26.4% 39.3%
1996 50.9% 71.2% 21.2% 41.2%
1995 55% 83.9% 20.3% 47.6%
1994 - 86.2% 23% 54.2%
1993 - 87.2% 22.8% 49.3%
1992 - 76.5% 25.9% 50.7%
1991 - 74.2% 26.2% 53.5%
1990 - 63.7% 23.7% 55.3%
1989 - 70.7% 27.6% -
1988 - - 24.8% -
1987 - - 23.7% -
1986 - - 22.3% -
1985 - - 21.4% -
1984 - - 23.1% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1984–1994, retrieved 2026-07-08).

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

In 2025, Hungary's government spending was $117B, accounting for 47.5% of its GDP, while Saint Vincent spent $515M, or 41% of GDP.

Debt-to-GDP ratio is 75.2% in Hungary and 113.4% in Saint Vincent, ranking 50/185 and 15/185, respectively.

Government deficit by year

Deficit/surplus
Hungary

Saint Vincent
1x
Year Deficit/surplus, % of GDP
Hungary Saint Vincent
2025 -4.68% -12.3%
2024 -4.9% -16%
2023 -6.77% -12.5%
2022 -6.19% -9.35%
2021 -7.11% -7.19%
2020 -7.49% -5.92%
2019 -2.02% -3.45%
2018 -2.05% -1.65%
2017 -2.45% -1.56%
2016 -1.79% 0.04%
2015 -2% -2.01%
2014 -2.77% -2.82%
2013 -2.6% -5.82%
2012 -2.33% -1.8%
2011 -5.22% -3.5%
2010 -4.44% -3.69%
2009 -4.76% -2.85%
2008 -3.78% -1.29%
2007 -5.09% -3.07%
2006 -9.27% -3.12%
2005 -7.79% -4.3%
2004 -6.6% -2.71%
2003 -7.19% -2.51%
2002 -8.79% -2%
2001 -4% -1.6%
2000 -3.04% -0.82%
1999 -5.27% -1.95%
1998 -7.41% -1.82%
1997 -5.54% -2.81%
1996 -4.36% 1.58%
1995 -8.57% 1.1%
1994 - 0.12%
1993 - -1.5%
1992 - -3.32%
1991 - -0.49%
1990 - 1.73%
1989 - -1.92%
1988 - 0.59%
1987 - 1.1%
1986 - 2.32%
1985 - 4.23%
1984 - 2.5%
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-vincent | 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 Vincent's deficit of $155M, or 12.3% of GDP.

Over the past 31 years, Hungary recorded a fiscal deficit in 31 of those years, while Saint Vincent ran a deficit in 28 years. On average, Hungary posted an annual deficit equal to 5.04% of GDP, compared to deficit of 3.8% of GDP for Saint Vincent.

Inflation comparison by year

Inflation
Hungary

Saint Vincent
1x
Year Consumer prices inflation
Hungary Saint Vincent
2025 4.41% 0.82%
2024 3.7% 3.63%
2023 17.1% 4.56%
2022 14.6% 5.66%
2021 5.11% 1.57%
2020 3.33% -0.63%
2019 3.34% 0.91%
2018 2.85% 2.32%
2017 2.35% 2.15%
2016 0.39% -0.15%
2015 -0.06% -1.73%
2014 -0.23% 0.19%
2013 1.73% 0.81%
2012 5.65% 2.6%
2011 3.93% 3.19%
2010 4.86% 0.75%
2009 4.21% 0.42%
2008 6.04% 10.1%
2007 7.96% 7.24%
2006 3.93% 2.74%
2005 3.56% 3.73%
2004 6.74% 2.96%
2003 4.66% 0.21%
2002 5.27% 1.86%
2001 9.12% 0.9%
2000 9.8% 0.17%
1999 10% 1.01%
1998 14.2% 2.14%
1997 18.3% 0.44%

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

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

Over the past 29 years, Hungary has recorded an average annual inflation rate of 6.1%, compared with 2.09% in Saint Vincent. In 2025, inflation was 4.41% in Hungary and 0.82% in Saint Vincent.

Top exports between countries

Hungary
Export category Export value
Machinery & equipment $31K
Raw materials & minerals $5K
Saint Vincent
Export category Export value

Balance of trade

Hungary Saint Vincent
Current account balance
$4.08B
2025
-$202M
2025
Current account balance ranking
34/190
2025
92/190
2025
Current account balance, % of GDP
+1.65%
2025
-16.1%
2025
Goods imports
$139B
2025
$458M
2025
Goods exports
$136B
2025
$52M
2025
Service imports
$29.8B
2025
$213M
2025
Service exports
$43.1B
2025
$382M
2025
Imports of goods and services, % of GDP
68.1%
2025
n/a
Exports of goods and services, % of GDP
72.6%
2025
15.3%
2026

Economic freedom indices

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

Hungary Saint Vincent
Economic freedom 62.5 60
Economic freedom ranking 86/197 98/197
Property rights 67.3 65.2
Government integrity 44 63.3
Judicial effectiveness 61.9 76.9
Tax burden 85.1 82
Government spending 30.2 56.2
Fiscal health 32.7 2.8
Business freedom 70.8 67.3
Labor freedom 56.5 60.1
Monetary freedom 72.1 77.3
Trade freedom 79.4 58.8
Investment freedom 80 70
Financial freedom 70 40

Economic freedom comparison by year

Hungary
Saint Vincent
1x
Year Economic freedom index
Hungary Saint Vincent
2026 62.5 60
2025 61.4 60.1
2024 61.2 59.8
2023 64.1 63.5
2022 66.9 65.7
2021 67.2 66.3
2020 66.4 66.8
2019 65 65.8
2018 66.7 67.7
2017 65.8 65.2
2016 66 68.8
2015 66.8 68
2014 67 67
2013 67.3 66.7
2012 67.1 66.5
2011 66.6 66.9
2010 66.1 66.9
2009 66.8 64.3
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-vincent | CC BY

The Economic Freedom Index for Hungary is 62.5, ranking 86/197, compared to 60 for Saint Vincent, ranking 98/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Hungary Saint Vincent
Services, % of GDP
60.1%
2025
66.4%
2025
Industry, % of GDP
23%
2025
15.1%
2025
Agriculture, forestry, and fishing, % of GDP
2.65%
2025
3.44%
2025
GNI, Atlas method
$227B
2025
$1.2B
2025
GNI per capita, PPP
$48,630
2025
$22,340
2025
Total reserves including gold
$59.1B
2025
$281M
2025
Total reserves ranking
42/177
2025
168/177
2025
Net foreign direct investment
$9.1B
2025
-$113M
2025
Net inflows of foreign direct investment
-$61.3B
2024
$139M
2024
Net outflows of foreign direct investment
-$76.3B
2024
-$1.92M
2024
Servicing debt to the IMF, % of GNI n/a
3.78%
2024
Poverty at national poverty lines
12.1%
2021
n/a
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-vincent | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, 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 (2020–2025, 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.