Government spending in Hungary was last recorded at 51.6 percent of GDP in 2020 . source: EUROSTAT
Government Spending to GDP in Hungary averaged 49.38 percent from 1995 until 2020, reaching an all time high of 55.20 percent in 1995 and a record low of 45.70 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 June of 2021.
Government Spending to GDP in Hungary is expected to reach 48.00 percent by the end of 2021, 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 46.50 percent in 2022, according to our econometric models.