Total shortfall from extreme poverty in Hungary

Hungary: Total shortfall from extreme poverty was 50.24 million international-$ in 2021 prices in 2017. ◆ Volatile

Latest (2017)
50.24 million international-$ in 2021 prices
Change on year
down 50.5%
World rank
65th
of 120 countries
All-time high
132.80 million international-$ in 2021 prices
in 1991
All-time low
0 international-$ in 2021 prices
in 1987
Years of data
20
1987–2017

Total shortfall from extreme poverty in Hungary, 1987–2017

050.0M100.0M150.0M1987200220171987: 0 international-$ in 2021 prices1989: 0 international-$ in 2021 prices1991: 132.8M international-$ in 2021 prices1993: 0 international-$ in 2021 prices1994: 92.8M international-$ in 2021 prices1999: 25.1M international-$ in 2021 prices2004: 10.9M international-$ in 2021 prices2005: 53.8M international-$ in 2021 prices2006: 11.7M international-$ in 2021 prices2007: 8.5M international-$ in 2021 prices2008: 1.9M international-$ in 2021 prices2009: 4.9M international-$ in 2021 prices2010: 4.1M international-$ in 2021 prices2011: 6.3M international-$ in 2021 prices2012: 26.1M international-$ in 2021 prices2013: 9.9M international-$ in 2021 prices2014: 57.5M international-$ in 2021 prices2015: 47.8M international-$ in 2021 prices2016: 101.4M international-$ in 2021 prices2017: 50.2M international-$ in 2021 prices

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

In 2017, total shortfall from extreme poverty in Hungary stood at 50.24 million international-$ in 2021 prices.

That represents a change of down 50.5% on the previous year and up 490.5% over ten years.

Over the whole period, total shortfall from extreme poverty in Hungary peaked at 132.80 million international-$ in 2021 prices in 1991 and was at its lowest, 0 international-$ in 2021 prices, in 1987.

That places Hungary 65th out of 120 countries with data for 2017, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 0 international-$ in 2021 prices 0 international-$ in 2021 prices 0 international-$ in 2021 prices 2
1990s 62.69 million international-$ in 2021 prices 0 international-$ in 2021 prices 132.80 million international-$ in 2021 prices 4
2000s 15.27 million international-$ in 2021 prices 1.87 million international-$ in 2021 prices 53.78 million international-$ in 2021 prices 6
2010s 37.91 million international-$ in 2021 prices 4.05 million international-$ in 2021 prices 101.44 million international-$ in 2021 prices 8

Countries ranked near Hungary

  1. 62 Chile 55.27 million international-$ in 2021 prices compare
  2. 63 Poland 54.00 million international-$ in 2021 prices compare
  3. 64 Romania 52.81 million international-$ in 2021 prices compare
  4. 66 Panama 39.84 million international-$ in 2021 prices compare
  5. 67 Turkey 39.66 million international-$ in 2021 prices compare
  6. 68 Austria 39.26 million international-$ in 2021 prices compare

See the full ranking of 120 places →

More poverty & inequality data for Hungary

All data for Hungary →

Frequently asked questions

What is total shortfall from extreme poverty in Hungary?
Total shortfall from extreme poverty in Hungary was 50.24 million international-$ in 2021 prices in 2017, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest total shortfall from extreme poverty recorded in Hungary?
The highest recorded value was 132.80 million international-$ in 2021 prices in 1991.
What is the lowest total shortfall from extreme poverty recorded in Hungary?
The lowest recorded value was 0 international-$ in 2021 prices in 1987.
How does Hungary rank for total shortfall from extreme poverty?
Hungary ranks 65th out of 120 countries with data for 2017.
Is total shortfall from extreme poverty rising or falling in Hungary?
Over the last ten years it is up 490.5%. The long-run trend across the full record is volatile.
Where does this Hungary data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Total shortfall from extreme poverty. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Total shortfall from extreme poverty
Unit
international-$ in 2021 prices
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

This is the amount of money that would be theoretically needed to lift the income or consumption of all people in poverty up to $3 per day. However, this is not a measure of the actual cost of eliminating poverty, since it does not take into account the costs involved in making the necessary transfers nor any changes in behavior they would bring about.