Hungary - ICT Value Added
Since 2014, Hungary ICT Value Added was down by 1.1points year on year. In 2019, the country was ranked number 18 among other countries in ICT Value Added with 4.89 Percent of Value Added in Industry and Services. Hungary is overtaken by Germany, which was ranked number 17 at 4.93 Percent of Value Added in Industry and Services and is followed by Canada with 4.74 Percent of Value Added in Industry and Services. Ireland ranked the highest with 14.89 Percent of Value Added in Industry and Services in 2019, a growth of 16.9points versus 2018. Israel, South Africa and Sweden respectively ranked number 2, 3 and 4 in this ranking. Estonia witnessed the best average annual growth at +8.1points per year, while Chile was the worst growing country at -6.9points per year.
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| Date | Percent of Value Added in Industry and Services |
|---|---|
| 2019 | 4.89 |
| 2018 | 4.90 |
| 2017 | 4.92 |
| 2016 | 4.87 |
| 2015 | 4.86 |
How does Hungary rank in ICT Value Added?
| # | 42 Countries | Percent of Value Added in Industry and Services | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Ireland
|
14.89 % | 2019 | +16.9 % | +7.0 % | View data | |
| 2 |
#2
Israel
|
9.90 % | 2019 | +3.9 % | +3.7 % | View data | |
| 17 |
#17
Germany
|
4.93 % | 2019 | +2.5 % | +0.9 % | View data | |
| 18 |
#18
Hungary
|
4.89 % | 2019 | -0.2 % | -1.1 % | View data | |
| 19 |
#19
Canada
|
4.74 % | 2019 | +0.5 % | +1.5 % | View data | |