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Economy of Hungary vs Syria compared: GDP & Debt

Updated on by Georank

Hungary has a GDP of $246B compared to $20B for Syria, ranking 55/197 and 134/197 by economy size, respectively.

Hungary has $185B in government debt (75.2% of GDP), compared to $18.4B (30% of GDP) in Syria.

Hungary vs Syria GDP by year

Hungary
Syria
1x
Year GDP, current $
Hungary Syria
2025 $246,490,213,513 -
2024 $222,848,211,034 -
2023 $213,029,511,029 $19,993,439,950
2022 $177,002,580,544 $23,737,634,644
2021 $183,282,685,440 $14,892,885,528
2020 $158,468,487,754 $12,501,503,673
2019 $164,936,682,034 $22,583,046,645
2018 $161,184,691,014 $21,497,779,248
2017 $143,335,098,992 $16,369,842,725
2016 $128,983,560,865 $12,597,854,088
2015 $125,244,126,623 $16,466,861,435
2014 $141,128,696,412 $21,502,061,466
2013 $135,646,053,779 $21,361,254,635
2012 $128,470,269,690 $43,190,318,033
2011 $141,712,804,954 $67,539,433,544
2010 $131,898,737,241 $61,390,833,273
2009 $130,807,441,076 $54,111,721,044
2008 $158,228,265,916 $52,557,913,397
2007 $140,123,326,896 $40,465,331,020
2006 $115,604,111,412 $33,751,812,959
2005 $113,098,237,571 $28,858,937,499
2004 $104,015,363,080 $25,086,910,448
2003 $85,190,469,121 $21,828,144,686
2002 $67,636,468,625 $20,786,986,580
2001 $53,800,068,066 $20,078,599,626
2000 $47,275,954,429 $18,937,031,610
1999 $49,160,204,397 $15,873,875,969
1998 $48,784,412,624 $15,200,846,154
1997 $47,398,564,799 $14,505,233,463
1996 $46,833,767,124 $13,789,560,878
1995 $46,577,614,589 $11,396,706,587
1994 $43,307,949,890 $10,122,020,000
1993 $40,256,233,360 $13,695,962,055
1992 $38,857,339,125 $13,253,565,861
1991 $34,867,307,353 $12,981,833,333
1990 $34,478,360,679 $12,308,624,418
1989 $30,422,508,938 $9,853,395,762
1988 $29,799,838,597 $10,577,041,645
1987 $27,232,016,527 $11,356,215,543
1986 $24,778,163,812 $13,293,205,278
1985 $21,510,643,750 $16,403,539,893
1984 $21,242,726,264 $17,503,078,174
1983 $21,910,365,258 $17,589,277,143
1982 $24,141,667,188 $16,298,929,011
1981 $23,705,883,892 $15,518,201,335
1980 $23,116,977,148 $13,062,420,382
1979 $19,959,731,325 $9,929,681,529
1978 $17,286,744,154 $9,275,200,458
1977 $14,783,674,055 $7,696,011,396
1976 $13,235,612,079 $7,633,528,867
1975 $11,420,392,515 $6,826,980,444
1974 $10,016,338,179 $5,159,557,148
1973 $9,138,292,402 $3,239,487,516
1972 $7,379,313,742 $3,059,681,698
1971 $6,291,568,221 $2,589,851,325
1970 $5,780,929,203 $2,140,384,010
1969 $5,429,812,387 $2,245,011,515
1968 $4,886,222,555 $1,753,746,430
1967 - $1,580,229,799
1966 - $1,342,287,553
1965 - $1,472,036,540
1964 - $1,339,494,267
1963 - $1,200,447,408
1962 - $1,110,565,881
1961 - $945,244,972
1960 - $857,704,413

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

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

GDP per capita in Hungary vs Syria by year

Hungary
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Hungary Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $25,907 - - -
2024 $23,305 $48,552 - -
2023 $22,209 $46,592 $847 $4,650
2022 $18,428 $44,366 $1,057 $4,772
2021 $19,031 $38,887 $689 $4,593
2020 $16,387 $35,584 $594 $3,738
2019 $17,013 $35,627 $1,110 $3,502
2018 $16,605 $32,258 $1,098 $3,456
2017 $14,736 $29,728 $852 $3,265
2016 $13,216 $28,179 $656 -
2015 $12,783 $26,938 $848 -
2014 $14,353 $25,796 $1,061 -
2013 $13,739 $24,592 $986 -
2012 $12,950 $23,205 $1,898 -
2011 $14,211 $22,992 $2,952 -
2010 $13,190 $21,691 $2,731 -
2009 $13,051 $20,691 $2,462 -
2008 $15,763 $20,709 $2,429 -
2007 $13,935 $19,089 $1,938 -
2006 $11,478 $18,362 $1,719 -
2005 $11,212 $17,091 $1,534 -
2004 $10,291 $16,251 $1,368 -
2003 $8,410 $15,460 $1,220 -
2002 $6,658 $14,532 $1,190 -
2001 $5,281 $13,223 $1,178 -
2000 $4,630 $11,872 $1,138 -
1999 $4,802 $10,892 $978 -
1998 $4,752 $10,415 $961 -
1997 $4,606 $9,846 $941 -
1996 $4,542 $9,388 $918 -
1995 $4,509 $9,222 $780 -
1994 $4,187 $8,888 $712 -
1993 $3,887 $8,441 $993 -
1992 $3,747 $8,284 $990 -
1991 $3,361 $8,352 $1,000 -
1990 $3,324 $9,169 $978 -
1989 $2,902 - $809 -
1988 $2,812 - $898 -
1987 $2,566 - $997 -
1986 $2,331 - $1,208 -
1985 $2,020 - $1,544 -
1984 $1,991 - $1,706 -
1983 $2,050 - $1,776 -
1982 $2,255 - $1,703 -
1981 $2,213 - $1,676 -
1980 $2,158 - $1,458 -
1979 $1,865 - $1,146 -
1978 $1,618 - $1,108 -
1977 $1,388 - $951 -
1976 $1,249 - $976 -
1975 $1,083 - $904 -
1974 $956 - $707 -
1973 $876 - $459 -
1972 $710 - $448 -
1971 $607 - $393 -
1970 $559 - $335 -
1969 $527 - $364 -
1968 $476 - $293.3 -
1967 - - $272.9 -
1966 - - $239.3 -
1965 - - $270.8 -
1964 - - $254.2 -
1963 - - $234.9 -
1962 - - $223.9 -
1961 - - $196.3 -
1960 - - $183.5 -

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

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

Hungary's GDP per capita is $25,907, ranking 52/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), Hungary ranks 48th at $48,552, while Syria ranks 160th at $4,650.

Economic indicators

Hungary Syria
Gross domestic product
$246B
2025
$20B
2023
GDP rank
55/197
2025
134/197
2023
GDP growth
0.51%
2024-2025
-1.85%
2022-2023
GDP per capita
$25,907
2025
$847
2023
GDP per capita rank
52/197
2025
185/197
2023
GDP per capita, PPP
$48,552
2024
$4,650
2023
GDP per capita PPP rank
48/197
2024
160/197
2023
Government debt
$185B
2025
$18.4B
2010
Debt-to-GDP ratio
75.2%
2025
30%
2010
Government debt per person
$19,473
2025
$820
2010
Government debt per person rank
33/185
2025
150/185
2010
Average annual personal income after taxes
$18,331
2026
$693
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
20.9%
2022
Income share by poorest 10%
2.8%
2022
3.8%
2022
Government expenditure, % of GDP
47.5%
2025
28.6%
2010
Consumer prices inflation
4.41%
2024-2025
13.4%
2018-2019
Central bank interest rate
6.25%
2026
n/a
Unemployment rate
4.4%
2025
14.9%
2011
Population
9454659
26956472

Spending and national debt comparison by year

Hungary
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
Hungary Syria
Government spending Government debt Government spending Government debt
2025 47.5% 75.2% - -
2024 46.9% 73.5% - -
2023 49.3% 73.2% - -
2022 48.9% 74.1% - -
2021 48.1% 76.2% - -
2020 51% 78.7% - -
2019 45.8% 65% - -
2018 45.9% 68.8% - -
2017 46.6% 72% - -
2016 46.7% 74.6% - -
2015 50.4% 75.7% - -
2014 50% 76.5% - -
2013 50.1% 77.2% - -
2012 49.2% 78.4% - -
2011 49.1% 80.5% - -
2010 48.9% 80.2% 28.6% 30%
2009 50.7% 78.2% 26.7% 31.2%
2008 48.8% 71.8% 22.9% 37.3%
2007 49.9% 65.6% 25.7% 42.7%
2006 51.4% 64.5% 26.3% 45%
2005 49.4% 60.6% 28.2% 50.7%
2004 48.8% 58.9% 31.3% 113%
2003 49.2% 58.2% 32.6% 133.4%
2002 51% 55.6% 28.5% 132.4%
2001 47.2% 52.2% 28% 144.5%
2000 47.3% 55.6% 27.4% 152.1%
1999 48.9% 60.3% 28% 147.7%
1998 50.7% 60.4% 28.8% 151.2%
1997 49.5% 62.2% 29% 147.6%
1996 50.9% 71.2% 27.7% 141.5%
1995 55% 83.9% 29.8% 152.6%
1994 - 86.2% 30.3% 163%
1993 - 87.2% 29.4% 171.9%
1992 - 76.5% 34.2% 173.6%
1991 - 74.2% 34.3% 182.4%
1990 - 63.7% 28.3% 189.8%
1989 - 70.7% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1989–1994, retrieved 2026-07-08).

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

In 2025, Hungary's government spending was $117B, accounting for 47.5% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 75.2% in Hungary and 30% in Syria, ranking 50/185 and 155/185, respectively.

Government deficit by year

Deficit/surplus
Hungary

Syria
1x
Year Deficit/surplus, % of GDP
Hungary Syria
2025 -4.68% -
2024 -4.9% -
2023 -6.77% -
2022 -6.19% -
2021 -7.11% -
2020 -7.49% -
2019 -2.02% -
2018 -2.05% -
2017 -2.45% -
2016 -1.79% -
2015 -2% -
2014 -2.77% -
2013 -2.6% -
2012 -2.33% -
2011 -5.22% -
2010 -4.44% -7.79%
2009 -4.76% -2.89%
2008 -3.78% -2.86%
2007 -5.09% -2.99%
2006 -9.27% -1.12%
2005 -7.79% -4.41%
2004 -6.6% -4.18%
2003 -7.19% -2.7%
2002 -8.79% -2.02%
2001 -4% 2.3%
2000 -3.04% -1.36%
1999 -5.27% -1.47%
1998 -7.41% -2.81%
1997 -5.54% -1.78%
1996 -4.36% -2.83%
1995 -8.57% -3.81%
1994 - -6%
1993 - -4.96%
1992 - -7.26%
1991 - -6.57%
1990 - -3.92%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1927–1943, retrieved 2026-07-08).

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

In 2010, Hungary's government deficit, the difference between spending and revenue, was $5.85B, equivalent to 4.44% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 16 years, Hungary recorded a fiscal deficit in 16 of those years, while Syria ran a deficit in 15 years. On average, Hungary posted an annual deficit equal to 5.99% of GDP, compared to deficit of 2.67% of GDP for Syria.

Inflation comparison by year

Inflation
Hungary

Syria
1x
Year Consumer prices inflation
Hungary Syria
2025 4.41% -
2024 3.7% -
2023 17.1% -
2022 14.6% -
2021 5.11% -
2020 3.33% -
2019 3.34% 13.4%
2018 2.85% 0.94%
2017 2.35% 18.1%
2016 0.39% 47.7%
2015 -0.06% 38.5%
2014 -0.23% 10.9%
2013 1.73% 40%
2012 5.65% 36.7%
2011 3.93% 4.75%
2010 4.86% 4.4%
2009 4.21% 2.92%
2008 6.04% 15.7%
2007 7.96% 3.91%
2006 3.93% 10%
2005 3.56% 7.24%
2004 6.74% 4.43%
2003 4.66% 5.8%
2002 5.27% -0.13%
2001 9.12% 3%
2000 9.8% -3.85%
1999 10% -3.7%
1998 14.2% -0.8%
1997 18.3% 1.89%

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

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

Over the past 23 years, Hungary has recorded an average annual inflation rate of 5.59%, compared with 11.4% in Syria. In 2019, inflation was 4.41% in Hungary and 13.4% in Syria.

Top exports between countries

Hungary
Export category Export value
Processed food, beverages & tobacco $14.3M
Textiles & consumer goods $8.51M
Animal & marine products $1.54M
Metals $572K
Machinery & equipment $449K
Miscellaneous $350K
Chemicals & pharma $176K
Raw agricultural goods $127K
Raw materials & minerals $13K
Syria
Export category Export value
Textiles & consumer goods $759K
Metals $390K
Raw agricultural goods $49K
Processed food, beverages & tobacco $38K
Raw materials & minerals $34K
Machinery & equipment $20K
Chemicals & pharma $11K
Miscellaneous $4K
Wood & paper products $2K

Balance of trade

Hungary Syria
Current account balance
$4.08B
2025
-$367M
2010
Current account balance ranking
34/190
2025
99/190
2010
Current account balance, % of GDP
+1.65%
2025
-0.6%
2010
Goods imports
$139B
2025
$15.9B
2010
Goods exports
$136B
2025
$12.3B
2010
Service imports
$29.8B
2025
$3.53B
2010
Service exports
$43.1B
2025
$7.33B
2010
Imports of goods and services, % of GDP
68.1%
2025
28.7%
2022
Exports of goods and services, % of GDP
72.6%
2025
6.78%
2022

Economic freedom indices

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

Hungary Syria
Economic freedom 62.5 51.2
Economic freedom ranking 86/197 155/197
Property rights 67.3 4
Government integrity 44 3.6
Judicial effectiveness 61.9 3.7
Tax burden 85.1 87.3
Government spending 30.2 78.5
Fiscal health 32.7 13.8
Business freedom 70.8 33.8
Labor freedom 56.5 37.2
Monetary freedom 72.1 80
Trade freedom 79.4 47
Investment freedom 80 0
Financial freedom 70 20

Economic freedom comparison by year

Hungary
Syria
1x
Year Economic freedom index
Hungary Syria
2026 62.5 -
2025 61.4 -
2024 61.2 -
2023 64.1 -
2022 66.9 -
2021 67.2 -
2020 66.4 -
2019 65 -
2018 66.7 -
2017 65.8 -
2016 66 -
2015 66.8 -
2014 67 -
2013 67.3 -
2012 67.1 51.2
2011 66.6 51.3
2010 66.1 49.4
2009 66.8 51.3
2008 67.6 47.2
2007 64.8 48.3
2006 65 51.2
2005 63.5 46.3
2004 62.7 40.6
2003 63 41.3
2002 64.5 36.3
2001 65.6 36.6
2000 64.4 37.2
1999 59.6 39
1998 56.9 42.2
1997 55.3 43
1996 56.8 42.3
1995 55.2 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Hungary is 62.5, ranking 86/197, compared to 51.2 for Syria, ranking 155/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Hungary Syria
Services, % of GDP
60.1%
2025
44.7%
2022
Industry, % of GDP
23%
2025
11.9%
2022
Agriculture, forestry, and fishing, % of GDP
2.65%
2025
42.9%
2022
GNI, Atlas method
$227B
2025
$18.2B
2023
GNI per capita, PPP
$48,630
2025
$4,480
2023
Total reserves including gold
$59.1B
2025
$20.6B
2010
Total reserves ranking
42/177
2025
66/177
2010
Net foreign direct investment
$9.1B
2025
-$1.47B
2010
Net inflows of foreign direct investment
-$61.3B
2024
$0
2024
Net outflows of foreign direct investment
-$76.3B
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
0.15%
2023
Poverty at national poverty lines
12.1%
2021
35.2%
2007
Gross capital formation, % of GDP
22.2%
2025
16%
1969

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/syria | 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. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1927–1994, retrieved 2026-07-08)
  6. TradeMap (2010–2025, 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.