Government Spending in Hungary decreased to 683932 HUF Million in the third quarter of 2018 from 691096 HUF Million in the second quarter of 2018. Government Spending in Hungary averaged 559131.47 HUF Million from 1995 until 2018, reaching an all time high of 784100 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 814680.00 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 715975.00 in 12 months time. In the long-term, the Hungary Government Spending is projected to trend around 863430.00 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 -2.00 -1.70 -1.70 -9.30 percent of GDP [+]
Government Budget Value -164.30 -181.60 434.90 -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 1289485.00 1225893.00 2197021.00 127614.00 HUF Million [+]
Government Debt 28887.57 28418.08 28887.57 11760.69 HUF Billion [+]
Fiscal Expenditure 1437929.00 1060843.00 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 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
683932.00 691096.00 784100.00 408441.00 1995 - 2018 HUF Million Quarterly
Constant Prices, NSA




Country Last Previous
Argentina 97236.00 Jun/18
Australia 87057.00 Sep/18
Brazil 105318.73 Oct/18
Canada 417220.00 Sep/18
China 203330.00 Dec/17
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France 136130.00 Sep/18
Germany 142.29 Sep/18
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South Korea 60505.20 Sep/18
Spain 56107.00 Sep/18
Switzerland 19864.58 Sep/18
Turkey 58201812.20 Sep/18
United Kingdom 92514.00 Sep/18
United States 3192.17 Sep/18


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