Industry accounts for 24.8% of Hungary’s GVA

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Industry remained the largest economic activity in Hungary in terms of output generated in 2018, according to the EU’s statistical body Eurostat.

In Hungary, industry accounted for about 24.8% of gross value added (GVA), a rate significantly above the EU average of 19.1%.

The second most significant activity was wholesale and retail trade, transport, accommodation and food services, accounting for some 19% of GVA.

The third largest activity was public administration, defense, education, human health and social work activities, responsible for approximately 18.6%, Eurostat says.

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