Government Spending in Hungary increased to 742828 HUF Million in the fourth quarter of 2018 from 680612 HUF Million in the third quarter of 2018. Government Spending in Hungary averaged 561974.22 HUF Million from 1995 until 2018, 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 668026.00 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 707870.00 in 12 months time. In the long-term, the Hungary Government Spending is projected to trend around 742255.00 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 102.90 -209.30 434.90 -907.60 HUF Billion [+]
Government Spending 742828.00 680612.00 798325.00 408441.00 HUF Million [+]
Government Spending to GDP 46.50 46.90 55.10 46.50 percent [+]
Government Revenues 1037326.00 948938.00 2197021.00 127614.00 HUF Million [+]
Government Debt 29038.37 28623.20 29038.37 11760.69 HUF Billion [+]
Fiscal Expenditure 1195875.00 1116514.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
742828.00 680612.00 798325.00 408441.00 1995 - 2018 HUF Million Quarterly
Constant Prices, NSA




Country Last Previous
Argentina 100173.00 Dec/18
Australia 89290.00 Dec/18
Brazil 115516.82 Mar/19
Canada 417805.00 Dec/18
China 220906.00 Dec/18
Euro Area 545.63 Dec/18
France 136745.00 Mar/19
Germany 143.97 Dec/18
India 3410.32 Dec/18
Indonesia 153652.73 Mar/19
Italy 78024.10 Dec/18
Japan 107612.10 Mar/19
Mexico 2193603.00 Dec/18
Netherlands 45186.00 Mar/19
Russia 4067.40 Dec/18
Saudi Arabia 195776.00 Dec/18
Singapore 10699.80 Dec/18
South Africa 643445.00 Dec/18
South Korea 62531.40 Mar/19
Spain 56820.00 Mar/19
Switzerland 19877.18 Dec/18
Turkey 69495065.30 Dec/18
United Kingdom 94208.00 Mar/19
United States 3207.68 Mar/19


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