Hungary recorded a Government Budget deficit equal to 2.20 percent of the country's Gross Domestic Product in 2018.

Government Budget in Hungary averaged -4.84 percent of GDP from 1995 until 2018, reaching an all time high of -1.60 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.

Government Budget in Hungary is expected to be -1.20 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Government Budget is projected to trend around -1.30 percent of GDP in 2020, according to our econometric models.

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Hungary Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-2.20 -2.20 -1.60 -9.30 1995 - 2018 percent of GDP Yearly

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.

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 [+]