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 (2018): Germany, Austria, and Slovakia
Top 3 Exported Goods (2018): 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) $308,700,187,469 (2018)
GDP Growth Rate (annual %) 5.094% (2018)
GDP Per Capita, PPP (current international) $31,579 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 55/196 (2018)

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 %) 3.339% (2019)
External debt stocks, total (DOD, current US$) $196,739,060,000 (2013)
Total tax rate (% of commercial profits) 37.9% (2019)
Real Interest Rate (5 year average %) -2.925% (2018)
Manufacturing, value added (% of GDP) 18.641% (2018)
Current Account Balance (BoP, current US$) ($677,865,387) (2018)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 4,709,996 (2019)
Employment in Agriculture (% of total employment) 4.7% (2019)
Employment in Industry (% of total employment) 32.695% (2019)
Employment in Services (% of total employment) 62.605% (2019)
Unemployment Rate 3.399% (2019)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $127,198,486,372 (2018)
Exports of goods and services (current US$) $134,104,032,024 (2018)
Total Merchandise Trade (% of GDP) 156.747% (2018)
FDI, net inflows (BoP, current US$) $6,092,445,979 (2019)
Commercial Service Exports (current US$) $29,781,167,322 (2018)
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