Military Expenditure in Hungary increased to 2463 USD Million in 2020 from 2051 USD Million in 2019. source: SIPRI

Military Expenditure in Hungary averaged 2044.82 USD Million from 1972 until 2020, reaching an all time high of 4612 USD Million in 1985 and a record low of 1054 USD Million in 1996. Hungary Military Expenditure - values, historical data and charts - was last updated on August of 2021.

Military Expenditure in Hungary is expected to reach 1417.71 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Military Expenditure is projected to trend around 1468.74 USD Million in 2022 and 1494.06 USD Million in 2023, according to our econometric models.

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Hungary Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
2463.00 2051.00 4612.00 1054.00 1972 - 2020 USD Million Yearly
Constant 2019 prices

Hungary Government Last Previous Highest Lowest Unit
Government Debt to GDP 80.40 65.50 84.10 52.30 percent of GDP [+]
Government Budget -8.10 -2.10 -1.80 -9.30 percent of GDP [+]
Government Budget Value -392.00 -269.00 434.90 -2250.00 HUF Billion [+]
Government Spending 1020803.00 1204654.00 1204654.00 534765.00 HUF Million [+]
Government Spending to GDP 51.60 45.70 55.20 45.70 percent of GDP [+]
Government Revenues 1900.05 1653.96 3006.32 127.61 HUF Billion [+]
Government Debt 37415.29 37149.02 37415.29 11760.69 HUF Billion [+]
Fiscal Expenditure 2504.44 2392.44 5256.80 149.46 HUF Billion [+]
Military Expenditure 2463.00 2051.00 4612.00 1054.00 USD Million [+]
Credit Rating 58.00 [+]
Asylum Applications 5.00 5.00 46720.00 0.00 persons [+]