Total Expenditure (central government) — Value Standard Local Currency in Hungary
Hungary: Total Expenditure (central government) — Value Standard Local Currency was 30.20 million million SLC in 2024. ◆ Volatile
Total Expenditure (central government) — Value Standard Local Currency in Hungary, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, total expenditure (central government) — value standard local currency in Hungary stood at 30.20 million million SLC. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 155.6% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in Hungary peaked at 30.20 million million SLC in 2024 and was at its lowest, 4.74 million million SLC, in 2001.
Hungary ranks 13th of 174 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total Expenditure (central government) — Value Standard Local Currency in Hungary, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 4.74 million million SLC | — |
| 2002 | 5.77 million million SLC | +21.8% |
| 2003 | 5.92 million million SLC | +2.6% |
| 2004 | 6.62 million million SLC | +11.9% |
| 2005 | 7.27 million million SLC | +9.8% |
| 2006 | 8.66 million million SLC | +19.0% |
| 2007 | 8.39 million million SLC | -3.0% |
| 2008 | 8.80 million million SLC | +4.8% |
| 2009 | 8.86 million million SLC | +0.6% |
| 2010 | 9.05 million million SLC | +2.1% |
| 2011 | 9.59 million million SLC | +6.0% |
| 2012 | 9.65 million million SLC | +0.7% |
| 2013 | 11.27 million million SLC | +16.7% |
| 2014 | 11.82 million million SLC | +4.9% |
| 2015 | 12.32 million million SLC | +4.3% |
| 2016 | 11.90 million million SLC | -3.4% |
| 2017 | 13.35 million million SLC | +12.2% |
| 2018 | 14.48 million million SLC | +8.5% |
| 2019 | 15.77 million million SLC | +8.8% |
| 2020 | 18.91 million million SLC | +20.0% |
| 2021 | 21.32 million million SLC | +12.7% |
| 2022 | 25.73 million million SLC | +20.7% |
| 2023 | 29.33 million million SLC | +14.0% |
| 2024 | 30.20 million million SLC | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.23 million million SLC | 4.74 million million SLC | 8.86 million million SLC | 9 |
| 2010s | 11.92 million million SLC | 9.05 million million SLC | 15.77 million million SLC | 10 |
| 2020s | 25.10 million million SLC | 18.91 million million SLC | 30.20 million million SLC | 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 10.29 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8569 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 22,200 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.5 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 302.6 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 7.84 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.4619 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5471 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in Hungary?
- Total expenditure (central government) — value standard local currency in Hungary was 30.20 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Hungary?
- The highest recorded value was 30.20 million million SLC in 2024.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Hungary?
- The lowest recorded value was 4.74 million million SLC in 2001.
- How does Hungary rank for total expenditure (central government) — value standard local currency?
- Hungary ranks 13th out of 174 countries with data for 2024.
- Is total expenditure (central government) — value standard local currency rising or falling in Hungary?
- Over the last ten years it is up 155.6%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.