Economic Trivia

The private sector accounts for more than 80% of GDP.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2017): Germany, Austria, and Slovakia
Top 3 Exported Goods (2017): Electrical Machinery, Industrial Machinery, and Motor Vehicles & Parts

Top Industries Source: CIA World Factbook

Mining; Metallurgy; Construction Materials; Processed Foods

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $274,926,859,412 (2017)
GDP Growth Rate (annual %) 3.989% (2017)
GDP Per Capita, PPP (current international) $28,108 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 59/195 (2017)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 2.348% (2017)
External debt stocks, total (DOD, current US$) $196,739,060,000 (2013)
Total tax rate (% of commercial profits) 46.5% (2017)
Real Interest Rate (5 year average %) -2.107% (2017)
Manufacturing, value added (% of GDP) 19.868% (2017)
Current Account Balance (BoP, current US$) $3,742,700,755 (2017)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 4,656,605 (2017)
Employment in Agriculture (% of total employment) 4.981% (2017)
Employment in Industry (% of total employment) 30.183% (2017)
Employment in Services (% of total employment) 64.836% (2017)
Unemployment Rate 4.16% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $114,466,841,977 (2017)
Exports of goods and services (current US$) $125,346,817,685 (2017)
Total Merchandise Trade (% of GDP) 158.778% (2017)
FDI, net inflows (BoP, current US$) ($12,398,817,437) (2017)
Commercial Service Exports (current US$) $26,586,657,011 (2017)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Hungary’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank