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Hungary: Merchandise imports from high-income economies (% of total merchandise imports)

In , Hungary's Merchandise imports from high-income economies (% of total merchandise imports) was 84.55.

That's up 0.8% from 2022, the highest value since .

The global average for this indicator in 2023 was 58.25 . Hungary ranks #26 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #15 of 53.

Source: World Bank Open Data (TM.VAL.MRCH.HI.ZS) • Data as of 2023

Trend (2004–2023)

Hungary Merchandise imports from high-income economies (% of total merchandise imports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins 2004: EU enlargement (10 new members)
  • 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
88.04
Trough
82.90
1-year change
+0.8%
5-year change
-1.4%
-0.3% / yr
10-year change
-2.3%
-0.2% / yr

Historical Data — Last 10 Years

Year Merchandise imports from high-income economies (% of total merchandise imports)
84.5507
83.8748
83.6118
82.8954
85.2395
85.7174
86.3307
87.2432
87.4794
88.0403

About Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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: TM.VAL.MRCH.HI.ZSCategory: Trade & Finance

Frequently asked questions

What was Hungary's Merchandise imports from high-income economies (% of total merchandise imports) in 2023?
In 2023, Hungary's Merchandise imports from high-income economies (% of total merchandise imports) was 84.55, according to World Bank Open Data.
Is Hungary's Merchandise imports from high-income economies (% of total merchandise imports) rising or falling?
Hungary's Merchandise imports from high-income economies (% of total merchandise imports) rose 0.8% from 2022 to 2023.
How does Hungary rank globally on Merchandise imports from high-income economies (% of total merchandise imports)?
In 2023, Hungary ranked #26 out of 205 countries reporting Merchandise imports from high-income economies (% of total merchandise imports).
How does Hungary's Merchandise imports from high-income economies (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from high-income economies (% of total merchandise imports) in 2023 was 58.25, so Hungary is above the world average. Within Europe & Central Asia, it ranks #15 of 53.
What is Merchandise imports from high-income economies (% of total merchandise imports) and how is it measured?
Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
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Source: World Bank Open Data (TM.VAL.MRCH.HI.ZS), CC BY 4.0.