Hungary recorded a government budget deficit of 452.70 HUF Billion in December of 2019.

Government Budget Value in Hungary averaged -73.50 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. 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.

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 160.00 in 12 months time. In the long-term, the Hungary Central Government Budget Value is projected to trend around 220.00 HUF Billion in 2020, according to our econometric models.

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Hungary Central Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-452.70 -190.90 434.90 -907.60 1992 - 2019 HUF Billion Monthly
Current Prices, NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-08 09:00 AM Budget Balance Sep HUF207.2B HUF-158B HUF150B
2019-11-08 10:00 AM Budget Balance Oct HUF-271.8B HUF207.2B HUF-110B
2019-12-09 10:00 AM Budget Balance Nov HUF-190.9B HUF-271.8B HUF-140B
2020-01-09 02:00 PM Budget Balance Dec HUF-452.7B HUF-190.9B HUF 280B
2020-02-07 10:00 AM Budget Balance Jan HUF-452.7B

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.

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 1202663.00 1342223.00 2197021.00 127614.00 HUF Million [+]
Government Debt 29699.14 29252.92 29699.14 11760.69 HUF Billion [+]
Fiscal Expenditure 1327905.00 1551771.00 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 [+]