Gross public sector debt as a share of gross domestic product in Hungary
Hungary: Gross public sector debt as a share of gross domestic product was 73.5% in 2024. ▲ Rising
Gross public sector debt as a share of gross domestic product in Hungary, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, gross public sector debt as a share of gross domestic product in Hungary stood at 73.5%.
The figure is down 0.1% on the previous year and down 3.8% over ten years.
Over the whole period, gross public sector debt as a share of gross domestic product in Hungary peaked at 79.8% in 2020 and was at its lowest, 52.1%, in 2001.
That places Hungary 17th out of 49 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Gross public sector debt as a share of gross domestic product in Hungary, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 55.7% | — |
| 2001 | 52.1% | -6.4% |
| 2002 | 54.9% | +5.3% |
| 2003 | 57.3% | +4.4% |
| 2004 | 57.9% | +1.0% |
| 2005 | 59.2% | +2.3% |
| 2006 | 62.6% | +5.7% |
| 2007 | 63.2% | +0.9% |
| 2008 | 68.8% | +8.9% |
| 2009 | 74.5% | +8.3% |
| 2010 | 75.7% | +1.6% |
| 2011 | 76.4% | +0.9% |
| 2012 | 74.8% | -2.1% |
| 2013 | 75.8% | +1.3% |
| 2014 | 76.4% | +0.9% |
| 2015 | 75.7% | -1.0% |
| 2016 | 75.2% | -0.6% |
| 2017 | 73.1% | -2.7% |
| 2018 | 70.7% | -3.3% |
| 2019 | 66.4% | -6.1% |
| 2020 | 79.8% | +20.1% |
| 2021 | 76.9% | -3.5% |
| 2022 | 74.7% | -2.9% |
| 2023 | 73.7% | -1.4% |
| 2024 | 73.5% | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 60.6% | 52.1% | 74.5% | 10 |
| 2010s | 74.0% | 66.4% | 76.4% | 10 |
| 2020s | 75.7% | 73.5% | 79.8% | 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)
- Manufacturing, value added (constant LCU), per capita 886,292 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 6.83 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2297 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 5,951 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 3.16 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 81.12 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 2.10 million current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -1.4 % change on previous year (2025)
Frequently asked questions
- What is gross public sector debt as a share of gross domestic product in Hungary?
- Gross public sector debt as a share of gross domestic product in Hungary was 73.5% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest gross public sector debt as a share of gross domestic product recorded in Hungary?
- The highest recorded value was 79.8% in 2020.
- What is the lowest gross public sector debt as a share of gross domestic product recorded in Hungary?
- The lowest recorded value was 52.1% in 2001.
- How does Hungary rank for gross public sector debt as a share of gross domestic product?
- Hungary ranks 17th out of 49 countries with data for 2024.
- Is gross public sector debt as a share of gross domestic product rising or falling in Hungary?
- Over the last ten years it is down 3.8%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Gross public sector debt as a share of gross domestic product. Statizoid updates them automatically from the source API.
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About this data
Gross public sector debt, Central Government, as a proportion of GDP (%).