Government Spending in Hungary increased to 711155 HUF Million in the second quarter of 2019 from 663046 HUF Million in the first quarter of 2019. Government Spending in Hungary averaged 564879.91 HUF Million from 1995 until 2019, reaching an all time high of 798325 HUF Million in the fourth quarter of 2017 and a record low of 408428 HUF Million in the first quarter of 1996.

Government Spending in Hungary is expected to be 701030.00 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 680285.00 in 12 months time. In the long-term, the Hungary Government Spending is projected to trend around 810126.00 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 207.20 -158.00 434.90 -907.60 HUF Billion [+]
Government Spending 711155.00 663046.00 798325.00 408428.00 HUF Million [+]
Government Spending to GDP 46.50 46.90 55.10 46.50 percent [+]
Government Revenues 982098.00 1284317.00 2197021.00 127614.00 HUF Million [+]
Government Debt 29455.17 29130.04 29455.17 11760.69 HUF Billion [+]
Fiscal Expenditure 1124701.00 1263703.00 2665025.00 149458.00 HUF Million [+]
Military Expenditure 1568.00 1463.00 4580.00 1047.00 USD Million [+]
Credit Rating 46.98 [+]
Asylum Applications 50.00 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
711155.00 663046.00 798325.00 408428.00 1995 - 2019 HUF Million Quarterly
Constant Prices, NSA




Country Last Previous
Argentina 94555.00 Jun/19
Australia 91328.00 Jun/19
Brazil 111045.15 Aug/19
Canada 424534.00 Jun/19
China 220906.00 Dec/18
Euro Area 553.63 Jun/19
France 136971.00 Jun/19
Germany 163.06 Jun/19
India 4218.93 Jun/19
Indonesia 209394.41 Jun/19
Italy 78508.00 Jun/19
Japan 109084.50 Jun/19
Mexico 2168414.00 Jun/19
Netherlands 45100.00 Jun/19
Russia 4043.50 Jun/19
Saudi Arabia 173041.00 Jun/19
Singapore 12496.60 Jun/19
South Africa 651189.00 Jun/19
South Korea 75743.40 Jun/19
Spain 58422.00 Jun/19
Switzerland 19989.06 Jun/19
Turkey 62009834.30 Jun/19
United Kingdom 99449.00 Jun/19
United States 3293.82 Jun/19


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