Historical gov spending gdp in Hungary
Hungary: Historical gov spending gdp was 46.87 in 2024. ◆ Volatile
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.
Historical gov spending gdp in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 1927 | 2.25 | — |
| 1928 | 2.31 | +3.0% |
| 1929 | 2.29 | -1.1% |
| 1930 | 2.58 | +12.8% |
| 1931 | 2.46 | -4.9% |
| 1932 | 2.42 | -1.6% |
| 1933 | 2.66 | +10.3% |
| 1934 | 2.68 | +0.5% |
| 1935 | 2.69 | +0.3% |
| 1936 | 2.64 | -1.6% |
| 1937 | 2.57 | -2.8% |
| 1938 | 3.09 | +20.3% |
| 1939 | 6.82 | +120.6% |
| 1940 | 3.07 | -54.9% |
| 1941 | 5.07 | +64.9% |
| 1942 | 6.26 | +23.6% |
| 1943 | 3.7 | -41.0% |
| 1995 | 55.05 | +1389.0% |
| 1996 | 50.89 | -7.6% |
| 1997 | 49.49 | -2.7% |
| 1998 | 50.71 | +2.5% |
| 1999 | 48.93 | -3.5% |
| 2000 | 47.29 | -3.4% |
| 2001 | 47.21 | -0.2% |
| 2002 | 50.97 | +8.0% |
| 2003 | 49.18 | -3.5% |
| 2004 | 48.77 | -0.8% |
| 2005 | 49.37 | +1.2% |
| 2006 | 51.41 | +4.1% |
| 2007 | 49.88 | -3.0% |
| 2008 | 48.78 | -2.2% |
| 2009 | 50.66 | +3.9% |
| 2010 | 48.92 | -3.4% |
| 2011 | 49.14 | +0.5% |
| 2012 | 49.25 | +0.2% |
| 2013 | 50.08 | +1.7% |
| 2014 | 50.02 | -0.1% |
| 2015 | 50.35 | +0.7% |
| 2016 | 46.66 | -7.3% |
| 2017 | 46.65 | -0.0% |
| 2018 | 45.92 | -1.6% |
| 2019 | 45.85 | -0.2% |
| 2020 | 51.03 | +11.3% |
| 2021 | 48.09 | -5.8% |
| 2022 | 48.71 | +1.3% |
| 2023 | 49.15 | +0.9% |
| 2024 | 46.87 | -4.6% |
Hungary compared with similar countries
- Hungary's 46.87 is above the median for high income countries, which is 42.31, 1.1× the median. (56 countries reporting)
- Hungary's 46.87 is above the median for Europe & Central Asia, which is 44.41, 1.1× the median. (41 countries reporting)
Biggest year-on-year movements
Years where Historical gov spending gdp in Hungary changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +1389.0% | 3.7 | 55.05 |
| 1939 | +120.6% | 3.09 | 6.82 |
| 1941 | +64.9% | 3.07 | 5.07 |
| 1940 | -54.9% | 6.82 | 3.07 |
| 1943 | -41.0% | 6.26 | 3.7 |
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
- Real gdp growth, annual growth rate -26.96 % change on previous year (2025)
- 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)
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.
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