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 (2016): Germany, Austria, and Slovakia
Top 3 Exported Goods (2016): 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) $262,041,834,312 (2016)
GDP Growth Rate (annual %) 2.213% (2016)
GDP Per Capita, PPP (current international) $26,701 (2016)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 59/195 (2016)

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 %) 0.401% (2016)
External debt stocks, total (DOD, current US$) $196,739,060,000 (2013)
Total tax rate (% of commercial profits) 46.5% (2017)
Real Interest Rate (5 year average %) 1.119% (2016)
Manufacturing, value added (% of GDP) 23.544% (2016)
Current Account Balance (BoP, current US$) $7,705,244,547 (2016)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 4,656,735 (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 4.331% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $99,968,633,743 (2016)
Exports of goods and services (current US$) $112,652,236,049 (2016)
Total Merchandise Trade (% of GDP) 155.477% (2016)
FDI, net inflows (BoP, current US$) $69,815,566,674 (2016)
Commercial Service Exports (current US$) $23,853,236,356 (2016)
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