Move over traditional perceptions, because Hungary's industrial landscape is booming: while its manufacturing sector already forms a powerhouse contributing 23.4% to GDP, the real story unfolds in the surging production of everything from pharmaceuticals and machinery to a resilient and evolving energy infrastructure.
Key Takeaways
- Hungary's manufacturing sector contributed 23.4% to the total GDP in 2022, equating to approximately 18.5 billion euros
- In 2023, the manufacturing production index in Hungary increased by 5.2% year-over-year in Q1, driven by food and machinery sectors
- Hungary produced 1.2 million tons of processed meat in 2022 within manufacturing, marking a 3.1% rise from 2021
- Hungary's electricity generation from coal was 12,500 GWh in 2022, accounting for 18% of total
- Natural gas production in Hungary reached 1.8 billion cubic meters in 2022
- Hungary's renewable energy share in gross final energy consumption was 18.2% in 2022
- Hungary's mining of metal ores produced 1.2 million tons in 2022
- Bauxite extraction in Hungary totaled 2.5 million tons in 2022
- Hungary's lignite mining output was 4.8 million tons in 2022, down 10%
- Hungary's construction sector turnover reached 25.6 billion euros in 2022, up 8.1%
- Building permits issued for dwellings in Hungary totaled 18,500 in 2022
- Hungary completed 12,400 new dwellings in 2022
- Hungary's total industrial production index was 114.2 (2015=100) in 2022
- Industrial sector employment in Hungary reached 1.12 million in 2022
- Hungary's industrial GDP contribution was 27.1% in 2022
Hungrian manufacturing drives the economy, showing strong growth across diverse sectors.
Construction
- Hungary's construction sector turnover reached 25.6 billion euros in 2022, up 8.1%
- Building permits issued for dwellings in Hungary totaled 18,500 in 2022
- Hungary completed 12,400 new dwellings in 2022
- Road construction investment in Hungary was 2.1 billion euros in 2022
- Hungary's construction employment was 312,000 in 2022
- Civil engineering works value 11.2 billion euros in Hungary 2022
- Residential building construction grew 7.5% in volume 2022 Hungary
- Hungary's construction production index rose 4.2% yoy in Dec 2022
- Non-residential construction permits area 4.5 million m2 in 2022
- Construction sector productivity 22.1 euros/hour in Hungary 2022
- Hungary invested 5.8 billion euros in public construction in 2022
- Number of construction enterprises 45,200 in Hungary 2022
- Hungary's construction material costs rose 18% in 2022
- Floor space completed 6.2 million m2 in buildings 2022 Hungary
- Railway construction expenditure 850 million euros in 2022
- Construction R&D spending 180 million euros in Hungary 2022
- Hungary's construction export services 1.2 billion euros 2022
- Building completion value 14.5 billion euros in 2022 Hungary
- Construction accidents rate 3.2 per 1,000 workers in 2022
- Hungary's industrial construction starts 2.8 million m2 in 2022
- Cement consumption in construction 5.9 million tons 2022 Hungary
- Construction sector GDP share 5.4% in Hungary 2022
- Steel use in construction 1.85 million tons in Hungary 2022
Construction Interpretation
Hungary's construction industry is booming, building a literal and economic foundation with impressive stats, though its frantic pace and rising costs suggest someone might be reading the blueprint upside down.
Energy Production
- Hungary's electricity generation from coal was 12,500 GWh in 2022, accounting for 18% of total
- Natural gas production in Hungary reached 1.8 billion cubic meters in 2022
- Hungary's renewable energy share in gross final energy consumption was 18.2% in 2022
- Installed solar PV capacity in Hungary grew to 2,500 MW by end of 2022
- Hungary imported 8.5 billion cubic meters of natural gas in 2022
- Wind power generation in Hungary was 1,200 GWh in 2022, up 15%
- Hungary's total primary energy supply was 24.3 Mtoe in 2022
- Biomass energy production contributed 2,800 GWh in Hungary 2022
- Hungary's nuclear power output from Paks was 15,200 GWh in 2022, 45% of electricity
- Final energy consumption in industry sector was 1,200 ktoe in 2022
- Hungary's district heating production was 12.5 PJ in 2022
- Hydroelectric generation in Hungary totaled 500 GWh in 2022
- Energy productivity in Hungary improved to 8.2 euros per kg of oil equivalent in 2022
- Hungary's oil refinery output was 5.2 million tons in 2022
- Geothermal energy production in Hungary was 450 GWh thermal in 2022
- Total electricity production in Hungary was 33,800 GWh in 2022
- Hungary's energy import dependency was 55% in 2022
- Coal consumption for electricity fell 22% to 10 million tons in 2022
- Hungary added 650 MW of wind capacity in 2022
- Natural gas for industry use was 3.2 billion m3 in 2022
- Hungary's energy R&D spending was 120 million euros in 2022
- Electricity transmission losses in Hungary were 4.2% of gross production in 2022
- Hungary's final electricity consumption was 40.5 TWh in 2022
- Share of renewables in electricity generation reached 15% in 2022
Energy Production Interpretation
Hungary's energy landscape in 2022 was a study in cautious transition, clinging to the imported gas and nuclear power that keeps its lights on while its impressive solar growth and wind ambitions try, with one eye on the gas bill, to nudge its stubborn coal habit out the door.
Industrial Output and Employment
- Hungary's total industrial production index was 114.2 (2015=100) in 2022
- Industrial sector employment in Hungary reached 1.12 million in 2022
- Hungary's industrial GDP contribution was 27.1% in 2022
- Industrial production growth rate averaged 4.8% in 2022 Hungary
- Hungary exported 112 billion euros in industrial goods in 2022
- Industrial turnover index up 9.2% yoy in Hungary 2022 average
- Number of industrial enterprises 28,500 in Hungary 2022
- Industrial R&D personnel 45,000 in Hungary 2022
- Hungary's industrial energy consumption 12.5 Mtoe in 2022
- Industrial value added per worker 52,000 euros in 2022 Hungary
- Industrial capacity utilization rate averaged 78% in Hungary 2022
- Hungary's industrial investment totaled 7.2 billion euros in 2022
- Share of medium-high tech industry 48% of manufacturing 2022
- Industrial orders index rose 11.5% in Hungary 2022
- Hungary's industrial CO2 emissions 52 million tons in 2022
- Industrial apprenticeships 25,000 in Hungary 2022
- Hungary's industrial export growth 6.3% in 2022
- Industrial working hours index 105.2 in Hungary 2022
- Female employment in industry 32% of total industrial jobs 2022
- Industrial bankruptcy filings 450 in Hungary 2022
- Hungary's industrial digitalization index score 65/100 in 2022
- Industrial wage average 1,850 euros/month in Hungary 2022
Industrial Output and Employment Interpretation
While Hungary’s industrial engine is humming along—producing more, exporting boldly, and adding high-tech value—the gears are still grinding with old energy habits and a stubborn gender gap, proving that even a powerhouse needs a tune-up.
Manufacturing
- Hungary's manufacturing sector contributed 23.4% to the total GDP in 2022, equating to approximately 18.5 billion euros
- In 2023, the manufacturing production index in Hungary increased by 5.2% year-over-year in Q1, driven by food and machinery sectors
- Hungary produced 1.2 million tons of processed meat in 2022 within manufacturing, marking a 3.1% rise from 2021
- The electronics manufacturing output in Hungary reached 4.8 billion euros in exports in 2022
- Pharmaceutical manufacturing in Hungary generated 7.2 billion euros in revenue in 2022, with 85% exported
- Hungary's food and beverage manufacturing sector employed 142,000 workers in 2022
- Metal products manufacturing turnover in Hungary was 12.1 billion euros in 2021, up 6.7%
- Plastic products manufacturing in Hungary produced 1.1 million tons in 2022
- Hungary's textile manufacturing output value stood at 0.9 billion euros in 2022
- Machinery manufacturing exports from Hungary totaled 15.3 billion euros in 2022
- Hungary's manufacturing PMI index averaged 52.4 points in 2023, indicating expansion
- The value added in Hungarian manufacturing grew by 4.1% to 16.7 billion euros in 2022
- Electrical equipment manufacturing in Hungary increased by 7.8% in production volume in 2022
- Hungary manufactured 450,000 tons of chemicals for industrial use in 2022
- Furniture manufacturing turnover in Hungary reached 2.4 billion euros in 2022
- Hungary's paper and cardboard manufacturing output was 1.05 million tons in 2022
- Rubber products manufacturing employed 18,500 people in Hungary in 2022
- Hungary's manufacturing energy intensity decreased by 2.3% to 0.45 toe per 1,000 euros in 2022
- Computer manufacturing output in Hungary was valued at 3.2 billion euros in 2022
- Hungary's manufacturing sector R&D expenditure was 1.2 billion euros in 2022
- The manufacturing workforce in Hungary totaled 812,000 in 2023 Q1
- Hungary produced 2.8 million tons of cement in manufacturing in 2022
- Manufacturing productivity per hour worked in Hungary was 28.5 euros in 2022
- Hungary's apparel manufacturing exports declined 1.2% to 0.7 billion euros in 2022
- Precision instruments manufacturing value added 1.1 billion euros in 2022
- Hungary's manufacturing investment reached 4.5 billion euros in 2022
- Beverage manufacturing output grew 4.5% to 1.2 billion euros in 2022
- Hungary's manufacturing export share of total exports was 72% in 2022
- Glass and ceramics manufacturing produced 850,000 tons in 2022
- Hungary's manufacturing sector CO2 emissions totaled 45 million tons in 2022
Manufacturing Interpretation
While Hungary's factories hum along, slicing a rich 1.2 million tons of processed meat, powering a 72% export engine with everything from 15.3 billion euros in machinery to life-saving pharmaceuticals, and even making their energy use smarter, this industrial powerhouse must still navigate the sobering 45 million ton cloud of its own success.
Mining and Quarrying
- Hungary's mining of metal ores produced 1.2 million tons in 2022
- Bauxite extraction in Hungary totaled 2.5 million tons in 2022
- Hungary's lignite mining output was 4.8 million tons in 2022, down 10%
- Quarrying of stone and gravel produced 45 million m3 in Hungary 2022
- Hungary's crude oil production was 650,000 tons in 2022
- Mining sector employment in Hungary was 12,500 in 2022
- Value of mineral extraction in Hungary reached 1.1 billion euros in 2022
- Hungary produced 28 million tons of construction aggregates in 2022
- Coal mining output excluding lignite was 1.5 million tons in 2022
- Hungary's mining investment was 250 million euros in 2022
- Sand and clay extraction totaled 15 million tons in Hungary 2022
- Mining productivity per worker was 85,000 euros in Hungary 2022
- Hungary's bauxite exports were 2.1 million tons in 2022
- Number of mining enterprises in Hungary was 450 in 2022
- Lignite mining turnover 320 million euros in Hungary 2022
- Hungary's oil and gas exploration wells drilled 12 in 2022
- Mining sector GDP contribution 0.8% or 650 million euros in 2022
- Limestone quarrying output 22 million tons in Hungary 2022
- Mining machinery investment 45 million euros in 2022 Hungary
- Hungary's non-metallic minerals mining grew 3.2% in 2022
- Total mining waste generated 120 million tons in Hungary 2022
Mining and Quarrying Interpretation
Hungary's mining sector, while modestly contributing less than 1% to GDP, proves it's not just digging a hole in the ground but a surprisingly efficient and messy one, moving mountains of aggregates and waste to extract billions in value with a relatively small workforce.
Sources & References
- Reference 1KSHksh.huVisit source
- Reference 2ECec.europa.euVisit source
- Reference 3STATISTAstatista.comVisit source
- Reference 4OECoec.worldVisit source
- Reference 5TRADINGECONOMICStradingeconomics.comVisit source
- Reference 6DATAdata.worldbank.orgVisit source
- Reference 7IEAiea.orgVisit source
- Reference 8MVMmvm.huVisit source
- Reference 9DATAdata.oecd.orgVisit source
- Reference 10DIGITAL-STRATEGYdigital-strategy.ec.europa.euVisit source