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Economy of Hungary vs Tajikistan compared: GDP & Debt

Updated on by Georank

Hungary has a GDP of $246B compared to $17.7B for Tajikistan, ranking 55/197 and 140/197 by economy size, respectively.

Hungary has $185B in government debt (75.2% of GDP), compared to $3.82B (21.6% of GDP) in Tajikistan.

Hungary vs Tajikistan GDP by year

Hungary
Tajikistan
1x
Year GDP, current $
Hungary Tajikistan
2025 $246,490,213,513 $17,660,626,562
2024 $222,848,211,034 $14,425,113,700
2023 $213,029,511,029 $12,244,169,293
2022 $177,002,580,544 $10,713,525,200
2021 $183,282,685,440 $8,937,805,347
2020 $158,468,487,754 $8,133,963,551
2019 $164,936,682,034 $8,300,813,599
2018 $161,184,691,014 $7,764,999,999
2017 $143,335,098,992 $7,536,402,853
2016 $128,983,560,865 $6,992,416,097
2015 $125,244,126,623 $8,271,431,485
2014 $141,128,696,412 $9,112,605,459
2013 $135,646,053,779 $8,448,411,318
2012 $128,470,269,690 $7,633,036,903
2011 $141,712,804,954 $6,522,756,255
2010 $131,898,737,241 $5,642,221,099
2009 $130,807,441,076 $4,979,472,364
2008 $158,228,265,916 $5,161,299,725
2007 $140,123,326,896 $3,719,524,541
2006 $115,604,111,412 $2,830,213,849
2005 $113,098,237,571 $2,312,352,021
2004 $104,015,363,080 $2,076,176,869
2003 $85,190,469,121 $1,555,318,261
2002 $67,636,468,625 $1,221,106,220
2001 $53,800,068,066 $1,080,772,551
2000 $47,275,954,429 $860,541,842
1999 $49,160,204,397 $1,086,612,290
1998 $48,784,412,624 $1,320,199,582
1997 $47,398,564,799 $921,518,033
1996 $46,833,767,124 $1,043,654,822
1995 $46,577,614,589 $1,231,561,860
1994 $43,307,949,890 $1,522,001,206
1993 $40,256,233,360 $1,646,623,195
1992 $38,857,339,125 $1,908,554,572
1991 $34,867,307,353 $2,536,585,366
1990 $34,478,360,679 $2,629,395,066
1989 $30,422,508,938 -
1988 $29,799,838,597 -
1987 $27,232,016,527 -
1986 $24,778,163,812 -
1985 $21,510,643,750 -
1984 $21,242,726,264 -
1983 $21,910,365,258 -
1982 $24,141,667,188 -
1981 $23,705,883,892 -
1980 $23,116,977,148 -
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/tajikistan | CC BY

GDP per capita in Hungary vs Tajikistan by year

Hungary
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Hungary Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $25,907 - $1,637 -
2024 $23,305 $48,552 $1,362 $5,406
2023 $22,209 $46,592 $1,178 $4,964
2022 $18,428 $44,366 $1,052 $4,514
2021 $19,031 $38,887 $897 $3,986
2020 $16,387 $35,584 $834 $3,654
2019 $17,013 $35,627 $871 $3,460
2018 $16,605 $32,258 $834 $3,069
2017 $14,736 $29,728 $829 $3,017
2016 $13,216 $28,179 $789 $2,914
2015 $12,783 $26,938 $957 $2,975
2014 $14,353 $25,796 $1,082 $3,152
2013 $13,739 $24,592 $1,028 $2,919
2012 $12,950 $23,205 $952 $2,679
2011 $14,211 $22,992 $834 $2,456
2010 $13,190 $21,691 $737 $2,291
2009 $13,051 $20,691 $665 $2,171
2008 $15,763 $20,709 $703 $2,120
2007 $13,935 $19,089 $517 $1,966
2006 $11,478 $18,362 $401 $1,810
2005 $11,212 $17,091 $334 $1,673
2004 $10,291 $16,251 $306 $1,550
2003 $8,410 $15,460 $233.6 $1,396
2002 $6,658 $14,532 $187 $1,257
2001 $5,281 $13,223 $168.7 $1,139
2000 $4,630 $11,872 $136.9 $1,036
1999 $4,802 $10,892 $175 $947
1998 $4,752 $10,415 $213.7 $905
1997 $4,606 $9,846 $150.1 $855
1996 $4,542 $9,388 $172 $836
1995 $4,509 $9,222 $207 $1,006
1994 $4,187 $8,888 $261.3 $1,148
1993 $3,887 $8,441 $287.6 $1,454
1992 $3,747 $8,284 $338 $1,721
1991 $3,361 $8,352 $458 $2,417
1990 $3,324 $9,169 $487 $2,583
1989 $2,902 - - -
1988 $2,812 - - -
1987 $2,566 - - -
1986 $2,331 - - -
1985 $2,020 - - -
1984 $1,991 - - -
1983 $2,050 - - -
1982 $2,255 - - -
1981 $2,213 - - -
1980 $2,158 - - -
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/tajikistan | CC BY

Hungary's GDP per capita is $25,907, ranking 52/197, compared to $1,637 in Tajikistan, ranking 163/197. Adjusted for purchasing power (GDP per capita PPP), Hungary ranks 48th at $48,552, while Tajikistan ranks 157th at $5,406.

Economic indicators

Hungary Tajikistan
Gross domestic product
$246B
2025
$17.7B
2025
GDP rank
55/197
2025
140/197
2025
GDP growth
0.51%
2024-2025
8.4%
2024-2025
GDP per capita
$25,907
2025
$1,637
2025
GDP per capita rank
52/197
2025
163/197
2025
GDP per capita, PPP
$48,552
2024
$5,406
2024
GDP per capita PPP rank
48/197
2024
157/197
2024
Government debt
$185B
2025
$3.82B
2025
Debt-to-GDP ratio
75.2%
2025
21.6%
2025
Government debt per person
$19,473
2025
$354
2025
Government debt per person rank
33/185
2025
174/185
2025
Average annual personal income after taxes
$18,331
2026
$1,705
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
28.2%
2024
Income share by poorest 10%
2.8%
2022
2.9%
2024
Government expenditure, % of GDP
47.5%
2025
29.3%
2025
Consumer prices inflation
4.41%
2024-2025
3.4%
2024-2025
Central bank interest rate
6.25%
2026
7%
2026
Unemployment rate
4.4%
2025
0.08%
2016
Population
9454659
11080415

Spending and national debt comparison by year

Hungary
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Hungary Tajikistan
Government spending Government debt Government spending Government debt
2025 47.5% 75.2% 29.3% 21.6%
2024 46.9% 73.5% 27.2% 24.9%
2023 49.3% 73.2% 28% 29.9%
2022 48.9% 74.1% 27.4% 31.8%
2021 48.1% 76.2% 27.6% 42%
2020 51% 78.7% 29.2% 50.9%
2019 45.8% 65% 28.8% 43.2%
2018 45.9% 68.8% 30.9% 46.3%
2017 46.6% 72% 33.8% 46.3%
2016 46.7% 74.6% 32.7% 42.2%
2015 50.4% 75.7% 31.9% 35%
2014 50% 76.5% 27.5% 27.9%
2013 50.1% 77.2% 27.7% 29.3%
2012 49.2% 78.4% 24.7% 32.5%
2011 49.1% 80.5% 24.3% 35.5%
2010 48.9% 80.2% 25.9% 36.8%
2009 50.7% 78.2% 23.6% 36.9%
2008 48.8% 71.8% 20.2% 30.2%
2007 49.9% 65.6% 20.3% 34.3%
2006 51.4% 64.5% 21.6% 36.8%
2005 49.4% 60.6% 22.9% 45.8%
2004 48.8% 58.9% 20.2% 49.4%
2003 49.2% 58.2% 19.1% 69.8%
2002 51% 55.6% 19.1% 98.3%
2001 47.2% 52.2% 17.3% 99.4%
2000 47.3% 55.6% 18.1% 111.4%
1999 48.9% 60.3% 17.5% 107.8%
1998 50.7% 60.4% 17.1% 96.6%
1997 49.5% 62.2% - -
1996 50.9% 71.2% - -
1995 55% 83.9% - -
1994 - 86.2% - -
1993 - 87.2% - -
1992 - 76.5% - -
1991 - 74.2% - -
1990 - 63.7% - -
1989 - 70.7% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1989–1994, retrieved 2026-07-08).

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

In 2025, Hungary's government spending was $117B, accounting for 47.5% of its GDP, while Tajikistan spent $5.17B, or 29.3% of GDP.

Debt-to-GDP ratio is 75.2% in Hungary and 21.6% in Tajikistan, ranking 50/185 and 171/185, respectively.

Government deficit by year

Deficit/surplus
Hungary

Tajikistan
1x
Year Deficit/surplus, % of GDP
Hungary Tajikistan
2025 -4.68% -1.79%
2024 -4.9% 0.32%
2023 -6.77% -0.92%
2022 -6.19% -0.23%
2021 -7.11% -0.64%
2020 -7.49% -4.34%
2019 -2.02% -2.04%
2018 -2.05% -2.69%
2017 -2.45% -5.65%
2016 -1.79% -2.91%
2015 -2% -1.96%
2014 -2.77% 0.92%
2013 -2.6% -0.73%
2012 -2.33% 0.41%
2011 -5.22% 0.6%
2010 -4.44% -2.71%
2009 -4.76% -0.2%
2008 -3.78% 1.94%
2007 -5.09% 2.13%
2006 -9.27% 2%
2005 -7.79% -2.83%
2004 -6.6% -2.32%
2003 -7.19% -1.74%
2002 -8.79% -2.4%
2001 -4% -2.11%
2000 -3.04% -4.51%
1999 -5.27% -4.03%
1998 -7.41% -5.09%
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 (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1927–1943, retrieved 2026-07-08).

GeoRank.org/economy/hungary/tajikistan | 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 Tajikistan's deficit of $316M, or 1.79% of GDP.

Over the past 28 years, Hungary recorded a fiscal deficit in 28 of those years, while Tajikistan ran a deficit in 21 years. On average, Hungary posted an annual deficit equal to 4.92% of GDP, compared to deficit of 1.55% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Hungary

Tajikistan
1x
Year Consumer prices inflation
Hungary Tajikistan
2025 4.41% 3.4%
2024 3.7% 3.5%
2023 17.1% 3.7%
2022 14.6% 6.6%
2021 5.11% 9%
2020 3.33% 8.6%
2019 3.34% 7.8%
2018 2.85% 3.8%
2017 2.35% 7.3%
2016 0.39% 5.9%
2015 -0.06% 5.8%
2014 -0.23% 6.1%
2013 1.73% 5%
2012 5.65% 5.8%
2011 3.93% 12.4%
2010 4.86% 6.5%
2009 4.21% 6.4%
2008 6.04% 20.4%
2007 7.96% 13.2%
2006 3.93% 10%
2005 3.56% 7.3%
2004 6.74% 7.2%
2003 4.66% 16.4%
2002 5.27% 12.2%
2001 9.12% 38.6%
2000 9.8% 32.9%
1999 10% 27.5%
1998 14.2% 43.2%
1997 18.3% 88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Hungary has recorded an average annual inflation rate of 6.1%, compared with 14.6% in Tajikistan. In 2025, inflation was 4.41% in Hungary and 3.4% in Tajikistan.

Top exports between countries

Hungary
Export category Export value
Textiles & consumer goods $1.5M
Machinery & equipment $1.45M
Processed food, beverages & tobacco $690K
Chemicals & pharma $578K
Metals $86K
Animal & marine products $78K
Raw agricultural goods $67K
Wood & paper products $25K
Miscellaneous $13K
Raw materials & minerals $9K
Tajikistan
Export category Export value
Machinery & equipment $11K

Balance of trade

Hungary Tajikistan
Current account balance
$4.08B
2025
$3.02B
2025
Current account balance ranking
34/190
2025
38/190
2025
Current account balance, % of GDP
+1.65%
2025
+17.1%
2025
Goods imports
$139B
2025
$7.45B
2025
Goods exports
$136B
2025
$1.95B
2025
Service imports
$29.8B
2025
$1.14B
2025
Service exports
$43.1B
2025
$168M
2025
Imports of goods and services, % of GDP
68.1%
2025
47.9%
2024
Exports of goods and services, % of GDP
72.6%
2025
11.2%
2024

Economic freedom indices

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

Hungary Tajikistan
Economic freedom 62.5 52.5
Economic freedom ranking 86/197 147/197
Property rights 67.3 28.4
Government integrity 44 18.5
Judicial effectiveness 61.9 10.1
Tax burden 85.1 94.2
Government spending 30.2 77
Fiscal health 32.7 98.6
Business freedom 70.8 60.6
Labor freedom 56.5 43.4
Monetary freedom 72.1 72.6
Trade freedom 79.4 72.2
Investment freedom 80 25
Financial freedom 70 30

Economic freedom comparison by year

Hungary
Tajikistan
1x
Year Economic freedom index
Hungary Tajikistan
2026 62.5 52.5
2025 61.4 51.5
2024 61.2 51.3
2023 64.1 50.6
2022 66.9 49.7
2021 67.2 55.2
2020 66.4 52.2
2019 65 55.6
2018 66.7 58.3
2017 65.8 58.2
2016 66 51.3
2015 66.8 52.7
2014 67 52
2013 67.3 53.4
2012 67.1 53.4
2011 66.6 53.5
2010 66.1 53
2009 66.8 54.6
2008 67.6 54.4
2007 64.8 53.6
2006 65 52.6
2005 63.5 50.4
2004 62.7 48.7
2003 63 46.5
2002 64.5 47.3
2001 65.6 46.8
2000 64.4 44.8
1999 59.6 41.2
1998 56.9 41.1
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/tajikistan | CC BY

The Economic Freedom Index for Hungary is 62.5, ranking 86/197, compared to 52.5 for Tajikistan, ranking 147/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Hungary Tajikistan
Services, % of GDP
60.1%
2025
36.5%
2024
Industry, % of GDP
23%
2025
32.4%
2024
Agriculture, forestry, and fishing, % of GDP
2.65%
2025
23.1%
2024
GNI, Atlas method
$227B
2025
$22.4B
2025
GNI per capita, PPP
$48,630
2025
$8,240
2025
Total reserves including gold
$59.1B
2025
$4.31B
2025
Total reserves ranking
42/177
2025
109/177
2025
Net foreign direct investment
$9.1B
2025
$8.2M
2025
Net inflows of foreign direct investment
-$61.3B
2024
$291M
2024
Net outflows of foreign direct investment
-$76.3B
2024
$101M
2024
Servicing debt to the IMF, % of GNI n/a
3.04%
2024
Poverty at national poverty lines
12.1%
2021
19.8%
2024
Gross capital formation, % of GDP
22.2%
2025
32.4%
2024

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/tajikistan | 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 (1995–2025, 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 (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.