Hungary recorded a Government Budget deficit equal to 6.10 percent of the country's Gross Domestic Product in 2022. source: Hungarian Central Statistical Office

Government Budget in Hungary averaged -5.01 percent of GDP from 1995 until 2022, reaching an all time high of -1.80 percent of GDP in 2016 and a record low of -9.30 percent of GDP in 2006. This page provides - Hungary Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Government Budget - values, historical data and charts - was last updated on March of 2023.

Government Budget in Hungary is expected to reach -4.20 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Government Budget is projected to trend around -5.00 percent of GDP in 2024 and -5.20 percent of GDP in 2025, according to our econometric models.

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Hungary Government Budget



Related Last Previous Unit Reference
Government Budget -6.10 -6.80 percent of GDP Dec 2022
Government Spending 1212635.00 1085497.00 HUF Million Dec 2022

Hungary Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-6.10 -6.80 -1.80 -9.30 1995 - 2022 percent of GDP Yearly