Government Spending in Hungary increased to 742828 HUF Million in the fourth quarter of 2018 from 680612 HUF Million in the third quarter of 2018. Government Spending in Hungary averaged 561974.22 HUF Million from 1995 until 2018, reaching an all time high of 798325 HUF Million in the fourth quarter of 2017 and a record low of 408441 HUF Million in the first quarter of 1996.

Government Spending in Hungary is expected to be 668026.00 HUF Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Hungary to stand at 707870.00 in 12 months time. In the long-term, the Hungary Government Spending is projected to trend around 742255.00 HUF Million in 2020, according to our econometric models.

Hungary Government Spending
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Hungary Government Last Previous Highest Lowest Unit
Government Debt to GDP 73.60 76.00 84.30 51.70 percent [+]
Government Budget -2.20 -2.00 -1.70 -9.30 percent of GDP [+]
Government Budget Value -209.30 -177.20 434.90 -907.60 HUF Billion [+]
Government Spending 742828.00 680612.00 798325.00 408441.00 HUF Million [+]
Government Spending to GDP 46.50 46.50 55.10 46.50 percent [+]
Government Revenues 948938.00 1411184.00 2197021.00 127614.00 HUF Million [+]
Government Debt 28623.20 28731.60 29005.02 11760.69 HUF Billion [+]
Fiscal Expenditure 1116514.00 1224727.00 2665025.00 149458.00 HUF Million [+]
Military Expenditure 1349.50 1288.70 4376.60 1000.60 USD Million [+]
Credit Rating 46.98 [+]
Asylum Applications 45.00 25.00 46720.00 25.00 persons [+]


Hungary Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Hungary Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Government Spending - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
742828.00 680612.00 798325.00 408441.00 1995 - 2018 HUF Million Quarterly
Constant Prices, NSA




Country Last Previous
Argentina 100173.00 Dec/18
Australia 89290.00 Dec/18
Brazil 103641.04 Feb/19
Canada 417805.00 Dec/18
China 220906.00 Dec/18
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France 136594.00 Dec/18
Germany 143.97 Dec/18
India 3410.32 Dec/18
Indonesia 283404.39 Dec/18
Italy 78024.10 Dec/18
Japan 107892.20 Dec/18
Mexico 2193603.00 Dec/18
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Russia 4067.40 Dec/18
Saudi Arabia 195776.00 Dec/18
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South Africa 643445.00 Dec/18
South Korea 62355.80 Dec/18
Spain 56511.00 Dec/18
Switzerland 19877.18 Dec/18
Turkey 69495065.30 Dec/18
United Kingdom 92768.00 Dec/18
United States 3188.70 Dec/18


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