Hungary vs Latin America & Caribbean (excluding high income): Expense

Hungary
42.4%
in 2022
Latin America & Caribbean (excluding high income)
27.6%
in 2023
Hungary rank
13th
Latin America & Caribbean (excluding high income) rank
15th

Expense over time

  • Hungary
  • Latin America & Caribbean (excluding high income)
0204060198120022023

How they compare

Hungary currently reports 42.4% against 27.6% in Latin America & Caribbean (excluding high income), a difference of 14.8%.

That makes Hungary's figure about 1.5 times Latin America & Caribbean (excluding high income)'s.

Across all 13 years both countries report, Hungary has been ahead every year.

Hungary ranks 13th and Latin America & Caribbean (excluding high income) ranks 15th of 157 countries.

Hungary has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Hungary Latin America & Caribbean (excluding high income) Difference Ahead
2010s 43.3% 25.9% 17.4% Hungary
2020s 42.9% 27.7% 15.3% Hungary

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expense, Hungary or Latin America & Caribbean (excluding high income)?
Hungary, at 42.4% against 27.6% in Latin America & Caribbean (excluding high income) as of 2022.
What is the difference in expense between Hungary and Latin America & Caribbean (excluding high income)?
14.8%, with Hungary ahead.
How many years of comparable data are there for Hungary and Latin America & Caribbean (excluding high income)?
13 years are reported by both, from 2010 to 2022.
How do Hungary and Latin America & Caribbean (excluding high income) rank globally for expense?
Hungary ranks 13th and Latin America & Caribbean (excluding high income) ranks 15th of 157 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Hungary vs Latin America & Caribbean (excluding high income): Expense. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/expense-percent-of-gdp/hungary/latin-america-and-caribbean-excluding-high-income/

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About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.