Central government debt, total in Hungary
Hungary: Central government debt, total was 82.0% in 2024. ▲ Rising
Central government debt, total in Hungary, 1991–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for central government debt, total in Hungary is 82.0%, measured in 2024.
That represents a change of down 0.5% on the previous year and down 18.1% over ten years.
Over the whole period, central government debt, total in Hungary peaked at 100.1% in 2014 and was at its lowest, 59.7%, in 2002.
That places Hungary 15th out of 83 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Central government debt, total in Hungary, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1991 | 71.0% | — |
| 1992 | 75.2% | +6.0% |
| 1993 | 85.8% | +14.1% |
| 1994 | 83.0% | -3.2% |
| 1995 | 85.8% | +3.3% |
| 1996 | 74.8% | -12.9% |
| 1997 | 67.5% | -9.8% |
| 1998 | 64.5% | -4.4% |
| 1999 | 67.1% | +4.0% |
| 2000 | 61.6% | -8.1% |
| 2001 | 59.9% | -2.8% |
| 2002 | 59.7% | -0.3% |
| 2003 | 60.6% | +1.5% |
| 2004 | 63.8% | +5.3% |
| 2005 | 65.8% | +3.2% |
| 2006 | 68.8% | +4.6% |
| 2007 | 69.7% | +1.2% |
| 2008 | 73.3% | +5.2% |
| 2009 | 82.0% | +11.8% |
| 2010 | 82.0% | +0.0% |
| 2011 | 91.3% | +11.4% |
| 2012 | 95.2% | +4.3% |
| 2013 | 96.0% | +0.8% |
| 2014 | 100.1% | +4.3% |
| 2015 | 98.4% | -1.7% |
| 2016 | 98.6% | +0.3% |
| 2017 | 93.8% | -4.9% |
| 2018 | 88.0% | -6.1% |
| 2019 | 84.6% | -3.9% |
| 2020 | 97.3% | +15.0% |
| 2021 | 88.7% | -8.8% |
| 2022 | 78.0% | -12.1% |
| 2023 | 82.4% | +5.6% |
| 2024 | 82.0% | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 75.0% | 64.5% | 85.8% | 9 |
| 2000s | 66.5% | 59.7% | 82.0% | 10 |
| 2010s | 92.8% | 82.0% | 100.1% | 10 |
| 2020s | 85.7% | 78.0% | 97.3% | 5 |
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)
- Final consumption expenditure (constant 2015 US$), per capita 12,653 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 10.59 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9552 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 24,746 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 6.8 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 337.31 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 8.74 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 2.38 % change on previous year (2025)
Frequently asked questions
- What is central government debt, total in Hungary?
- Central government debt, total in Hungary was 82.0% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in Hungary?
- The highest recorded value was 100.1% in 2014.
- What is the lowest central government debt, total recorded in Hungary?
- The lowest recorded value was 59.7% in 2002.
- How does Hungary rank for central government debt, total?
- Hungary ranks 15th out of 83 countries with data for 2024.
- Is central government debt, total rising or falling in Hungary?
- Over the last ten years it is down 18.1%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. 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.