Hungary recorded a Government Budget deficit equal to 4.60 percent of the country's Gross Domestic Product in 2025. Government Budget in Hungary averaged -5.06 percent of GDP from 1995 until 2024, reaching an all time high of -1.80 percent of GDP in 2016 and a record low of -9.30 percent of GDP in 2006. source: Hungarian Central Statistical Office

Government Budget in Hungary is expected to reach -4.60 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Government Budget is projected to trend around -4.70 percent of GDP in 2026 and -4.80 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Asylum Applications 15.00 15.00 persons Jan 2026
Credit Rating 58.00 Feb 2026
Fiscal Expenditure 5243.49 3417.37 HUF Billion Dec 2025
Government Budget -4.90 -6.70 percent of GDP Dec 2024
Budget Balance 32.30 -1669.00 HUF Billion Jan 2026
Government Debt 62089.98 60539.70 HUF Billion Jan 2026
Government Debt to GDP 73.50 73.20 percent of GDP Dec 2024
Government Revenues 3575.19 3014.61 HUF Billion Dec 2025
Government Spending 1486604.00 1561281.00 HUF Million Sep 2025
Government Spending to GDP 47.10 49.50 percent of GDP Dec 2024
Holidays
Military Expenditure 4734.70 4355.50 USD Million Dec 2024


Hungary Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-4.90 -6.70 -1.80 -9.30 1995 - 2024 percent of GDP Yearly