Government spending in Hungary was last recorded at 46.1 percent of GDP in 2019 .

Government Spending to GDP in Hungary averaged 49.42 percent from 1995 until 2019, reaching an all time high of 55.20 percent in 1995 and a record low of 46.10 percent in 2019. This page provides the latest reported value for - Hungary Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hungary Government Spending to GDP - values, historical data and charts - was last updated on October of 2020.

Government Spending to GDP in Hungary is expected to reach 50.70 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Government Spending to GDP is projected to trend around 48.00 percent in 2021 and 46.50 percent in 2022, according to our econometric models.

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Hungary Government Spending to GDP

Actual Previous Highest Lowest Dates Unit Frequency
46.10 46.70 55.20 46.10 1995 - 2019 percent Yearly

Hungary Government Last Previous Highest Lowest Unit
Government Debt to GDP 66.30 70.20 84.10 52.30 percent [+]
Government Budget -2.00 -2.10 -1.80 -9.30 percent of GDP [+]
Government Budget Value -9.00 -96.00 434.90 -907.60 HUF Billion [+]
Government Spending 958620.00 856773.00 1032762.00 534765.00 HUF Million [+]
Government Spending to GDP 46.10 46.70 55.20 46.10 percent [+]
Government Revenues 1250325.00 1270332.00 2197021.00 127614.00 HUF Million [+]
Government Debt 32394.86 31779.14 32394.86 11760.69 HUF Billion [+]
Fiscal Expenditure 1281968.00 1577448.00 2665025.00 149458.00 HUF Million [+]
Military Expenditure 1568.00 1463.00 4580.00 1047.00 USD Million [+]
Credit Rating 58.00 [+]
Asylum Applications 5.00 0.00 46720.00 0.00 persons [+]