Military Expenditure in Hungary increased to 1568 USD Million in 2018 from 1463 USD Million in 2017. source: SIPRI

Military Expenditure in Hungary averaged 2018.70 USD Million from 1972 until 2018, reaching an all time high of 4580 USD Million in 1985 and a record low of 1047 USD Million in 1996. Hungary Military Expenditure - values, historical data and charts - was last updated on February of 2021.

Military Expenditure in Hungary is expected to reach 1427.49 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Military Expenditure is projected to trend around 1468.74 USD Million in 2021 and 1494.06 USD Million in 2022, according to our econometric models.

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Hungary Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
1568.00 1463.00 4580.00 1047.00 1972 - 2018 USD Million Yearly
constant 2017 prices

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 198.80 -2250.00 434.90 -2250.00 HUF Billion [+]
Government Spending 904576.00 973495.00 1031498.00 534765.00 HUF Million [+]
Government Spending to GDP 46.10 46.70 55.20 46.10 percent [+]
Government Revenues 3006.32 1611.75 3006.32 127.61 HUF Billion [+]
Government Debt 36684.34 35139.46 36684.34 11760.69 HUF Billion [+]
Fiscal Expenditure 5256.80 2305.68 5256.80 149.46 HUF Billion [+]
Military Expenditure 1568.00 1463.00 4580.00 1047.00 USD Million [+]
Credit Rating 58.00 [+]
Asylum Applications 0.00 5.00 46720.00 0.00 persons [+]