Hungary posted a HUF 244.5 billion budget surplus in January 2019, the largest surplus for January in the past two decades, as tax revenues increased sharply and the country recorded a significant transfer of EU funds as well. Government Budget Value in Hungary averaged -71.48 HUF Billion from 1992 until 2019, reaching an all time high of 434.90 HUF Billion in December of 2010 and a record low of -907.60 HUF Billion in December of 2016.
Government Budget Value in Hungary is expected to be -320.00 HUF Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Hungary to stand at -280.00 in 12 months time. In the long-term, the Hungary Central Government Budget Value is projected to trend around -240.00 HUF Billion in 2020, according to our econometric models.