Annual government expenditure by function (COFOG) — Gross fixed in Hungary
Hungary: Annual government expenditure by function (COFOG) — Gross fixed was 3.46 million National currency in 2024. ◆ Volatile
Annual government expenditure by function (COFOG) — Gross fixed in Hungary, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
In 2024, annual government expenditure by function (cofog) — gross fixed in Hungary stood at 3.46 million National currency.
Compared with earlier readings it is down 10.6% on the previous year and up 98.2% over ten years.
Over the whole period, annual government expenditure by function (cofog) — gross fixed in Hungary peaked at 3.87 million National currency in 2023 and was at its lowest, 32,771 National currency, in 1995.
Hungary ranks 3rd of 27 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 236,505 National currency | 32,771 National currency | 391,414 National currency | 5 |
| 2000s | 853,930 National currency | 474,622 National currency | 1.24 million National currency | 10 |
| 2010s | 1.68 million National currency | 945,642 National currency | 2.98 million National currency | 10 |
| 2020s | 3.49 million National currency | 3.13 million National currency | 3.87 million National currency | 5 |
Countries ranked near Hungary
More public sector data for Hungary
- Arms imports 604.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 63.17 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0027 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 146.53 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 604.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 495.15 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0212 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 8.71 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 4.73 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2,685 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is annual government expenditure by function (cofog) — gross fixed in Hungary?
- Annual government expenditure by function (cofog) — gross fixed in Hungary was 3.46 million National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — gross fixed recorded in Hungary?
- The highest recorded value was 3.87 million National currency in 2023.
- What is the lowest annual government expenditure by function (cofog) — gross fixed recorded in Hungary?
- The lowest recorded value was 32,771 National currency in 1995.
- How does Hungary rank for annual government expenditure by function (cofog) — gross fixed?
- Hungary ranks 3rd out of 27 countries with data for 2024.
- Is annual government expenditure by function (cofog) — gross fixed rising or falling in Hungary?
- Over the last ten years it is up 98.2%. 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 Annual government expenditure by function (COFOG) — Gross fixed capital formation. Statizoid updates them automatically from the source API.
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About this data
This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org