Historical gov spending gdp in Hungary
Hungary: Historical gov spending gdp was 46.87 in 2024. ◆ Volatile
Latest (2024)
46.87
Change on year
down 4.6%
World rank
21st
of 151 countries
All-time high
55.05
in 1995
All-time low
2.25
in 1927
Years of data
47
1927–2024
Historical gov spending gdp in Hungary, 1927–2024
Source: Our World in Data.
Analysis
In 2024, historical gov spending gdp in Hungary stood at 46.87.
Compared with earlier readings it is down 4.6% on the previous year and down 6.3% over ten years.
Over the whole period, historical gov spending gdp in Hungary peaked at 55.05 in 1995 and was at its lowest, 2.25, in 1927.
Hungary ranks 21st of 151 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1920s | 2.28 | 2.25 | 2.31 | 3 |
| 1930s | 3.06 | 2.42 | 6.82 | 10 |
| 1940s | 4.52 | 3.07 | 6.26 | 4 |
| 1990s | 51.02 | 48.93 | 55.05 | 5 |
| 2000s | 49.35 | 47.21 | 51.41 | 10 |
| 2010s | 48.28 | 45.85 | 50.35 | 10 |
| 2020s | 48.77 | 46.87 | 51.03 | 5 |
Countries ranked near Hungary
More economy & growth data for Hungary
- External balance on goods and services as a percent of gdp 4.48 (2025)
- Inflation of consumer prices 4.41 (2025)
- Gdp per capita worldbank constant usd 16,711 (2025)
- Manufacturing value added to gdp 15.14 (2025)
- Gdp worldbank constant usd 158.99 billion (2025)
- Gdp per capita in international and market dollars 16,711 (2025)
- DEC alternative conversion factor 353.14 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -526.05 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -1.44 billion current US$ (2024)
- Taxes less subsidies on products 12.46 trillion current LCU (2025)
Frequently asked questions
- What is historical gov spending gdp in Hungary?
- Historical gov spending gdp in Hungary was 46.87 in 2024, according to Our World in Data.
- What is the highest historical gov spending gdp recorded in Hungary?
- The highest recorded value was 55.05 in 1995.
- What is the lowest historical gov spending gdp recorded in Hungary?
- The lowest recorded value was 2.25 in 1927.
- How does Hungary rank for historical gov spending gdp?
- Hungary ranks 21st out of 151 countries with data for 2024.
- Is historical gov spending gdp rising or falling in Hungary?
- Over the last ten years it is down 6.3%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from Our World in Data, published as part of Historical gov spending gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (Our World in Data).