Military Expenditure in Hungary increased to 1982 USD Million in 2019 from 1792 USD Million in 2018. source: SIPRI

Military Expenditure in Hungary averaged 2116.06 USD Million from 1972 until 2019, reaching an all time high of 4800 USD Million in 1985 and a record low of 1097 USD Million in 1996. Hungary Military Expenditure - values, historical data and charts - was last updated on April 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
1982.00 1792.00 4800.00 1097.00 1972 - 2019 USD Million Yearly
constant 2018 prices

Hungary Government Last Previous Highest Lowest Unit
Government Debt to GDP 66.30 70.20 84.10 52.30 percent [+]
Government Budget -2.00 -2.10 -1.80 -9.30 percent of GDP [+]
Government Budget Value -604.40 -738.00 434.90 -2250.00 HUF Billion [+]
Government Spending 1095870.00 904576.00 1095870.00 534765.00 HUF Million [+]
Government Spending to GDP 46.10 46.70 55.20 46.10 percent [+]
Government Revenues 3006.32 1611.75 3006.32 127.61 HUF Billion [+]
Government Debt 36949.18 36432.12 36949.18 11760.69 HUF Billion [+]
Fiscal Expenditure 5256.80 2305.68 5256.80 149.46 HUF Billion [+]
Military Expenditure 1982.00 1792.00 4800.00 1097.00 USD Million [+]
Credit Rating 58.00 [+]
Asylum Applications 0.00 5.00 46720.00 0.00 persons [+]