Hungary recorded a government budget deficit of 333.90 HUF Billion in October of 2020. source: Ministry Of Finance, Hungary

Government Budget Value in Hungary averaged -78.90 HUF Billion from 1992 until 2020, reaching an all time high of 434.90 HUF Billion in December of 2010 and a record low of -907.60 HUF Billion in December of 2016. This page provides the latest reported value for - Hungary Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hungary Central Government Budget Value - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Government Budget Value in Hungary is expected to be 160.00 HUF Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Hungary to stand at 160.00 in 12 months time. In the long-term, the Hungary Central Government Budget Value is projected to trend around 220.00 HUF Billion in 2021, according to our econometric models.

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Hungary Central Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-333.90 -9.00 434.90 -907.60 1992 - 2020 HUF Billion Monthly
Current Prices, NSA

Calendar GMT Actual Previous Consensus TEForecast
2020-08-07 09:00 AM Budget Balance Jul HUF -328B HUF-785.5B
2020-09-09 09:00 AM Budget Balance Aug HUF-96B HUF-328B
2020-10-08 09:00 AM Budget Balance Sep HUF-9B HUF-96B HUF 200B
2020-11-09 10:00 AM Budget Balance Oct HUF-333.9B HUF-9B
2020-12-09 10:00 AM Budget Balance Nov HUF-333.9B
2021-01-08 02:00 PM Budget Balance Dec
2021-02-08 10:00 AM Budget Balance Jan
2021-03-09 10:30 AM Budget Balance Feb

Hungary Central Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.