Africa's Development: Public finances General government … 16 in Hungary
Hungary: Africa's Development: Public finances General government … 16 was 45.22 Percentage of GDP in 2029. ▼ Falling
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Hungary, 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2029, africa's development dynamics (afdd) table 16 - public finances in Hungary stood at 45.22 Percentage of GDP.
That represents a change of down 0.2% on the previous year and down 1.9% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Hungary peaked at 51.42 Percentage of GDP in 2020 and was at its lowest, 44.89 Percentage of GDP, in 2027.
That places Hungary 19th out of 166 countries with data for 2029, putting it in the top quarter.
The long-run direction has been consistently falling across the 30 years of available data.
Africa's Development: Public finances General government … 16 in Hungary, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 47.35 Percentage of GDP | — |
| 2001 | 47.25 Percentage of GDP | -0.2% |
| 2002 | 50.99 Percentage of GDP | +7.9% |
| 2003 | 49.12 Percentage of GDP | -3.7% |
| 2004 | 48.72 Percentage of GDP | -0.8% |
| 2005 | 49.32 Percentage of GDP | +1.2% |
| 2006 | 51.36 Percentage of GDP | +4.1% |
| 2007 | 49.86 Percentage of GDP | -2.9% |
| 2008 | 48.75 Percentage of GDP | -2.2% |
| 2009 | 50.56 Percentage of GDP | +3.7% |
| 2010 | 48.81 Percentage of GDP | -3.5% |
| 2011 | 49.06 Percentage of GDP | +0.5% |
| 2012 | 49.12 Percentage of GDP | +0.1% |
| 2013 | 50.06 Percentage of GDP | +1.9% |
| 2014 | 50.05 Percentage of GDP | -0.0% |
| 2015 | 50.38 Percentage of GDP | +0.7% |
| 2016 | 46.8 Percentage of GDP | -7.1% |
| 2017 | 46.72 Percentage of GDP | -0.2% |
| 2018 | 46.1 Percentage of GDP | -1.3% |
| 2019 | 46.08 Percentage of GDP | -0.0% |
| 2020 | 51.42 Percentage of GDP | +11.6% |
| 2021 | 48.39 Percentage of GDP | -5.9% |
| 2022 | 48.84 Percentage of GDP | +0.9% |
| 2023 | 47.42 Percentage of GDP | -2.9% |
| 2024 | 47.48 Percentage of GDP | +0.1% |
| 2025 | 46.44 Percentage of GDP | -2.2% |
| 2026 | 45.57 Percentage of GDP | -1.9% |
| 2027 | 44.89 Percentage of GDP | -1.5% |
| 2028 | 45.32 Percentage of GDP | +1.0% |
| 2029 | 45.22 Percentage of GDP | -0.2% |
Hungary compared with similar countries
- Hungary's 45.22 Percentage of GDP is above the median for high income countries, which is 37.73 Percentage of GDP, 1.2× the median. (52 countries reporting)
- Hungary's 45.22 Percentage of GDP is above the median for Europe & Central Asia, which is 42.09 Percentage of GDP, 1.1× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49.33 Percentage of GDP | 47.25 Percentage of GDP | 51.36 Percentage of GDP | 10 |
| 2010s | 48.32 Percentage of GDP | 46.08 Percentage of GDP | 50.38 Percentage of GDP | 10 |
| 2020s | 47.1 Percentage of GDP | 44.89 Percentage of GDP | 51.42 Percentage of GDP | 10 |
Countries ranked near Hungary
- 16 Türkiye 32.83 Percentage of GDP compare
- 16 Palau 47.06 Percentage of GDP compare
- 17 Iraq 46.15 Percentage of GDP compare
- 18 Brazil 46 Percentage of GDP compare
- 18 Mauritania 23.53 Percentage of GDP compare
- 20 Greece 45.1 Percentage of GDP compare
- 21 Spain 45.05 Percentage of GDP compare
- 22 Syrian Arab Republic 28.64 Percentage of GDP compare
- 22 Montenegro 44.86 Percentage of GDP compare
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)
- SDRs holdings, US dollar, annual growth rate 3.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.009 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 233.67 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.49 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0066 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 170.62 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0091 units per US$ of GDP (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Hungary?
- Africa's development dynamics (afdd) table 16 - public finances in Hungary was 45.22 Percentage of GDP in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 16 - public finances recorded in Hungary?
- The highest recorded value was 51.42 Percentage of GDP in 2020.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Hungary?
- The lowest recorded value was 44.89 Percentage of GDP in 2027.
- How does Hungary rank for africa's development dynamics (afdd) table 16 - public finances?
- Hungary ranks 19th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Hungary?
- Over the last ten years it is down 1.9%. The long-run trend across the full record is falling.
- Where does this Hungary data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 16 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.