Economic Outlook No 118 — General government final consumption in Hungary
Hungary: Economic Outlook No 118 — General government final consumption was 20.04 trillion in 2027. ◆ Volatile
Economic Outlook No 118 — General government final consumption in Hungary, 1991–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
The most recent figure for economic outlook no 118 — general government final consumption in Hungary is 20.04 trillion, measured in 2027. That is the highest value across all 37 years on record.
That represents a change of up 2.5% on the previous year and up 152.9% over ten years.
Over the whole period, economic outlook no 118 — general government final consumption in Hungary peaked at 20.04 trillion in 2027 and was at its lowest, 647.23 billion, in 1991.
That places Hungary 3rd out of 28 countries with data for 2027, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 118 — General government final consumption in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 647.23 billion | — |
| 1992 | 787.79 billion | +21.7% |
| 1993 | 1.02 trillion | +29.8% |
| 1994 | 1.16 trillion | +13.0% |
| 1995 | 1.33 trillion | +15.5% |
| 1996 | 1.54 trillion | +15.4% |
| 1997 | 1.88 trillion | +21.9% |
| 1998 | 2.18 trillion | +16.3% |
| 1999 | 2.47 trillion | +13.3% |
| 2000 | 2.82 trillion | +14.2% |
| 2001 | 3.25 trillion | +14.9% |
| 2002 | 3.81 trillion | +17.4% |
| 2003 | 4.40 trillion | +15.5% |
| 2004 | 4.65 trillion | +5.6% |
| 2005 | 5.00 trillion | +7.5% |
| 2006 | 5.35 trillion | +7.1% |
| 2007 | 5.35 trillion | -0.1% |
| 2008 | 5.82 trillion | +8.9% |
| 2009 | 5.84 trillion | +0.3% |
| 2010 | 5.88 trillion | +0.7% |
| 2011 | 5.88 trillion | -0.1% |
| 2012 | 5.79 trillion | -1.6% |
| 2013 | 5.99 trillion | +3.4% |
| 2014 | 6.56 trillion | +9.5% |
| 2015 | 6.89 trillion | +5.1% |
| 2016 | 7.22 trillion | +4.8% |
| 2017 | 7.92 trillion | +9.7% |
| 2018 | 8.54 trillion | +7.8% |
| 2019 | 9.57 trillion | +12.1% |
| 2020 | 10.34 trillion | +8.1% |
| 2021 | 11.55 trillion | +11.7% |
| 2022 | 13.65 trillion | +18.2% |
| 2023 | 15.40 trillion | +12.8% |
| 2024 | 16.75 trillion | +8.8% |
| 2025 | 17.91 trillion | +6.9% |
| 2026 | 19.54 trillion | +9.1% |
| 2027 | 20.04 trillion | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.45 trillion | 647.23 billion | 2.47 trillion | 9 |
| 2000s | 4.63 trillion | 2.82 trillion | 5.84 trillion | 10 |
| 2010s | 7.02 trillion | 5.79 trillion | 9.57 trillion | 10 |
| 2020s | 15.65 trillion | 10.34 trillion | 20.04 trillion | 8 |
Countries ranked near Hungary
- 1 Colombia 321.35 trillion compare
- 2 Poland 916.39 billion compare
- 2 Japan 139.28 trillion compare
- 3 Croatia 24.58 billion compare
- 3 Netherlands 333.38 billion compare
- 4 United States of America 4.43 trillion compare
- 4 Lithuania 18.44 billion compare
- 5 Sweden 1.87 trillion compare
- 5 Slovenia 16.38 billion compare
- 6 Czechia 1.82 trillion compare
- 6 Latvia 10.04 billion 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 1.21 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5845 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 15,143 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 10.92 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 7.11 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 4.52 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 9.37 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 242,814 current LCU per person (2025)
Frequently asked questions
- What is economic outlook no 118 — general government final consumption in Hungary?
- Economic outlook no 118 — general government final consumption in Hungary was 20.04 trillion in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 118 — general government final consumption recorded in Hungary?
- The highest recorded value was 20.04 trillion in 2027.
- What is the lowest economic outlook no 118 — general government final consumption recorded in Hungary?
- The lowest recorded value was 647.23 billion in 1991.
- How does Hungary rank for economic outlook no 118 — general government final consumption?
- Hungary ranks 3rd out of 28 countries with data for 2027.
- Is economic outlook no 118 — general government final consumption rising or falling in Hungary?
- Over the last ten years it is up 152.9%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 118 — General government final consumption expenditure, nominal value, appropriation account. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 118 (Edition 2025/2) EO118 Database documentation EO118 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP