Hungary: Merchandise exports to high-income economies (% of total merchandise exports)
In , Hungary's Merchandise exports to high-income economies (% of total merchandise exports) was 89.32.
That's up 0.3% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Hungary ranks #25 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #11 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
- 2004 · EU enlargement (10 new members)
Highlights
- Peak
- 94.50
- Trough
- 88.08
- 1-year change
- +0.3%
- 5-year change
- +0.2%
- +0.0% / yr
- 10-year change
- +1.4%
- +0.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 89.3188 | |
| 89.0088 | |
| 88.7529 | |
| 89.4588 | |
| 89.4883 | |
| 89.1442 | |
| 88.8096 | |
| 89.8224 | |
| 89.8536 | |
| 89.0366 |
About Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Indicator code: TX.VAL.MRCH.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Hungary's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Hungary's Merchandise exports to high-income economies (% of total merchandise exports) was 89.32, according to World Bank Open Data.
- Is Hungary's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Hungary's Merchandise exports to high-income economies (% of total merchandise exports) rose 0.3% from 2022 to 2023.
- How does Hungary rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Hungary ranked #25 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Hungary's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Hungary is above the world average. Within Europe & Central Asia, it ranks #11 of 53.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.