Adjusted savings: education expenditure in Hungary
Hungary: Adjusted savings: education expenditure was 6.85 billion current US$ in 2021. ▲ Rising
Adjusted savings: education expenditure in Hungary, 1993–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: education expenditure in Hungary stood at 6.85 billion current US$.
Compared with earlier readings it is up 14.8% on the previous year and up 13.4% over ten years.
Over the whole period, adjusted savings: education expenditure in Hungary peaked at 7.48 billion current US$ in 2008 and was at its lowest, 1.87 billion current US$, in 1996.
Hungary ranks 55th of 195 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Adjusted savings: education expenditure in Hungary, year by year
| Year | current US$ | Change |
|---|---|---|
| 1993 | 2.23 billion current US$ | — |
| 1994 | 2.39 billion current US$ | +7.1% |
| 1995 | 2.09 billion current US$ | -12.7% |
| 1996 | 1.87 billion current US$ | -10.4% |
| 1997 | 2.03 billion current US$ | +8.7% |
| 1998 | 1.97 billion current US$ | -3.1% |
| 1999 | 2.03 billion current US$ | +3.1% |
| 2000 | 2.08 billion current US$ | +2.1% |
| 2001 | 2.38 billion current US$ | +14.7% |
| 2002 | 3.13 billion current US$ | +31.6% |
| 2003 | 4.56 billion current US$ | +45.6% |
| 2004 | 5.19 billion current US$ | +13.8% |
| 2005 | 5.59 billion current US$ | +7.7% |
| 2006 | 5.69 billion current US$ | +1.7% |
| 2007 | 6.79 billion current US$ | +19.3% |
| 2008 | 7.48 billion current US$ | +10.2% |
| 2009 | 6.07 billion current US$ | -18.9% |
| 2010 | 5.73 billion current US$ | -5.5% |
| 2011 | 6.04 billion current US$ | +5.4% |
| 2012 | 5.10 billion current US$ | -15.5% |
| 2013 | 5.42 billion current US$ | +6.1% |
| 2014 | 5.93 billion current US$ | +9.4% |
| 2015 | 5.27 billion current US$ | -11.1% |
| 2016 | 5.49 billion current US$ | +4.3% |
| 2017 | 5.94 billion current US$ | +8.1% |
| 2018 | 6.42 billion current US$ | +8.1% |
| 2019 | 6.21 billion current US$ | -3.3% |
| 2020 | 5.97 billion current US$ | -3.9% |
| 2021 | 6.85 billion current US$ | +14.8% |
Hungary compared with similar countries
- Hungary's 6.85 billion current US$ is above the median for high income countries, which is 5.34 billion current US$, 1.3× the median. (69 countries reporting)
- Hungary's 6.85 billion current US$ is above the median for Europe & Central Asia, which is 5.65 billion current US$, 1.2× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.09 billion current US$ | 1.87 billion current US$ | 2.39 billion current US$ | 7 |
| 2000s | 4.90 billion current US$ | 2.08 billion current US$ | 7.48 billion current US$ | 10 |
| 2010s | 5.75 billion current US$ | 5.10 billion current US$ | 6.42 billion current US$ | 10 |
| 2020s | 6.41 billion current US$ | 5.97 billion current US$ | 6.85 billion current US$ | 2 |
Countries ranked near Hungary
More economy & growth data for Hungary
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -60.84 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.2468 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -6,395 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -69.94 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -14.09 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.2837 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -7,351 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.3 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Hungary?
- Adjusted savings: education expenditure in Hungary was 6.85 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Hungary?
- The highest recorded value was 7.48 billion current US$ in 2008.
- What is the lowest adjusted savings: education expenditure recorded in Hungary?
- The lowest recorded value was 1.87 billion current US$ in 1996.
- How does Hungary rank for adjusted savings: education expenditure?
- Hungary ranks 55th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Hungary?
- Over the last ten years it is up 13.4%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.