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.

Hungary Central Government Budget Value
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-09 10:00 AM Budget Balance HUF-181.6B HUF149.8B HUF -203B
2018-12-07 10:00 AM Budget Balance HUF-164.3B HUF-181.6B HUF -172B
2019-01-11 09:45 AM Budget Balance HUF397.3B HUF-164.3B HUF -360B
2019-02-08 10:00 AM Budget Balance HUF244.5B HUF397.3B HUF -250B
2019-03-08 10:00 AM Budget Balance HUF244.5B
2019-04-08 09:00 AM Budget Balance HUF -320B
2019-05-09 09:00 AM Budget Balance

Hungary Government Last Previous Highest Lowest Unit
Government Debt to GDP 73.60 76.00 84.30 51.70 percent [+]
Government Budget -2.00 -1.70 -1.70 -9.30 percent of GDP [+]
Government Budget Value 244.50 397.30 434.90 -907.60 HUF Billion [+]
Government Spending 683932.00 691096.00 784100.00 408441.00 HUF Million [+]
Government Spending to GDP 46.50 46.50 55.10 46.50 percent [+]
Government Revenues 2059732.00 1010659.00 2197021.00 127614.00 HUF Million [+]
Government Debt 28688.17 29005.02 29005.02 11760.69 HUF Billion [+]
Fiscal Expenditure 1572434.00 1175381.00 2665025.00 149458.00 HUF Million [+]
Military Expenditure 1349.50 1288.70 4376.60 1000.60 USD Million [+]
Credit Rating 46.98 [+]
Asylum Applications 25.00 55.00 46720.00 25.00 persons [+]

Hungary Central Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides the latest reported value for - Hungary Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hungary Central Government Budget Value - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
244.50 397.30 434.90 -907.60 1992 - 2019 HUF Billion Monthly
Current Prices, NSA

Country Last Previous
Argentina -135316.20 Dec/18
Australia -292.00 Dec/18
Brazil -68042.00 Dec/18
Canada 2452.00 Dec/18
China -286.50 Nov/18
France -76.05 Dec/18
Germany 5.87 Sep/18
India -7014.57 Dec/18
Indonesia -259900.00 Dec/18
Italy 27.41 Dec/18
Japan -60963.00 Sep/18
Mexico -178960.00 Dec/18
Netherlands 1.50 Dec/18
Russia 282.64 Jan/19
Saudi Arabia -238494.00 Dec/17
Singapore -2211.70 Dec/18
South Africa 17725.00 Dec/18
South Korea 37409.00 Nov/18
Spain -12378.00 Nov/18
Switzerland 2176.00 Dec/19
Turkey -20758467.00 Dec/18
United Kingdom 19422.00 Jan/19
United States -13539.00 Dec/18