Government Spending in Hungary increased to 1098255 HUF Million in the third quarter of 2021 from 1047425 HUF Million in the second quarter of 2021. source: Hungarian Central Statistical Office

Government Spending in Hungary averaged 737834.90 HUF Million from 1995 until 2021, reaching an all time high of 1204654 HUF Million in the fourth quarter of 2020 and a record low of 534765 HUF Million in the first quarter of 1996. This page provides - Hungary Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Government Spending - values, historical data and charts - was last updated on January of 2022.

Government Spending in Hungary is expected to be 1290184.00 HUF Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Government Spending is projected to trend around 1344372.00 HUF Million in 2022 and 1387392.00 HUF Million in 2023, according to our econometric models.

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Hungary Government Spending

Related Last Previous Unit Reference
Government Budget -8.10 -2.10 percent of GDP Dec/20
Government Spending 1098255.00 1047425.00 HUF Million Sep/21
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.