Government spending in Hungary was last recorded at 47.9 percent of GDP in 2021 . source: EUROSTAT
Government Spending to GDP in Hungary averaged 49.29 percent of GDP from 1995 until 2021, reaching an all time high of 55.20 percent of GDP in 1995 and a record low of 46 percent of GDP in 2019. This page provides the latest reported value for - Hungary Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hungary Government Spending to GDP - values, historical data and charts - was last updated on December of 2022.
Government Spending to GDP in Hungary is expected to reach 46.50 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Government Spending to GDP is projected to trend around 46.50 percent of GDP in 2023, according to our econometric models.