Government Spending in Hungary increased to 758254 HUF Million in the third quarter of 2019 from 756122 HUF Million in the second quarter of 2019.

Government Spending in Hungary averaged 598772.44 HUF Million from 1995 until 2019, reaching an all time high of 858501 HUF Million in the fourth quarter of 2017 and a record low of 454253 HUF Million in the first quarter of 1996. This page provides - Hungary Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Hungarian Central Statistical Office

Government Spending in Hungary is expected to be 718365.00 HUF Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Hungary to stand at 785551.00 in 12 months time. In the long-term, the Hungary Government Spending is projected to trend around 841502.00 HUF Million in 2020, according to our econometric models.


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Hungary Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
758254.00 756122.00 858501.00 454253.00 1995 - 2019 HUF Million Quarterly
Constant Prices, NSA

Hungary Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.

Hungary Government Last Previous Highest Lowest Unit
Government Debt to GDP 70.80 73.40 84.00 51.90 percent [+]
Government Budget -2.20 -2.20 -1.60 -9.30 percent of GDP [+]
Government Budget Value -452.70 -190.90 434.90 -907.60 HUF Billion [+]
Government Spending 758254.00 756122.00 858501.00 454253.00 HUF Million [+]
Government Spending to GDP 46.50 46.90 55.10 46.50 percent [+]
Government Revenues 1706812.00 1202663.00 2197021.00 127614.00 HUF Million [+]
Government Debt 29681.97 29699.14 29699.14 11760.69 HUF Billion [+]
Fiscal Expenditure 2071042.00 1327905.00 2665025.00 149458.00 HUF Million [+]
Military Expenditure 1568.00 1463.00 4580.00 1047.00 USD Million [+]
Credit Rating 56.00 [+]
Asylum Applications 30.00 25.00 46720.00 25.00 persons [+]