Government Spending in Hungary decreased to 663046 HUF Million in the first quarter of 2019 from 742828 HUF Million in the fourth quarter of 2018. Government Spending in Hungary averaged 563016.20 HUF Million from 1995 until 2019, 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 708591.00 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 759913.00 in 12 months time. In the long-term, the Hungary Government Spending is projected to trend around 810126.00 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 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 37.20 -213.60 434.90 -907.60 HUF Billion [+]
Government Spending 663046.00 742828.00 798325.00 408441.00 HUF Million [+]
Government Spending to GDP 46.50 46.90 55.10 46.50 percent [+]
Government Revenues 1144042.00 1093516.00 2197021.00 127614.00 HUF Million [+]
Government Debt 28854.02 28905.19 29038.37 11760.69 HUF Billion [+]
Fiscal Expenditure 1358009.00 1266102.00 2665025.00 149458.00 HUF Million [+]
Military Expenditure 1568.00 1463.00 4580.00 1047.00 USD Million [+]
Credit Rating 46.98 [+]
Asylum Applications 40.00 35.00 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
663046.00 742828.00 798325.00 408441.00 1995 - 2019 HUF Million Quarterly
Constant Prices, NSA




Country Last Previous
Argentina 90795.00 Mar/19
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Brazil 104275.00 Jun/19
Canada 422881.00 Mar/19
China 220906.00 Dec/18
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France 136911.00 Jun/19
Germany 143.22 Mar/19
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South Korea 75957.40 Jun/19
Spain 57636.00 Jun/19
Switzerland 19991.24 Mar/19
Turkey 57997834.60 Mar/19
United Kingdom 94259.00 Jun/19
United States 3297.90 Jun/19


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