Central government debt, total in Hungary
Hungary: Central government debt, total was 66.82 trillion current LCU in 2024. ◆ Volatile
Central government debt, total in Hungary, 1991–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, central government debt, total in Hungary stood at 66.82 trillion current LCU. That is the highest value across all 34 years on record.
The figure is up 7.8% on the previous year and up 103.3% over ten years.
Over the whole period, central government debt, total in Hungary peaked at 66.82 trillion current LCU in 2024 and was at its lowest, 1.85 trillion current LCU, in 1991.
Hungary ranks 6th of 83 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 | 4.67 trillion current LCU | 1.85 trillion current LCU | 7.82 trillion current LCU | 9 |
| 2000s | 14.41 trillion current LCU | 8.22 trillion current LCU | 21.70 trillion current LCU | 10 |
| 2010s | 32.40 trillion current LCU | 22.48 trillion current LCU | 40.55 trillion current LCU | 10 |
| 2020s | 55.40 trillion current LCU | 47.48 trillion current LCU | 66.82 trillion current LCU | 5 |
Countries ranked near Hungary
More public sector data for Hungary
- Arms imports 604.00 million SIPRI trend indicator values (2024)
- Tax revenue 22.7% (2024)
- Taxes on income, profits and capital gains 18.9% (2024)
- Taxes on goods and services 37.1% (2024)
- Net investment in nonfinancial assets 3.4% (2024)
- Net lending (+) / net borrowing (-) -4.5% (2024)
- Interest payments 12.2% (2024)
- Grants and other revenue 15.8% (2024)
- Interest payments 6.6% (2022)
- Other taxes 1.7% (2024)
Frequently asked questions
- What is central government debt, total in Hungary?
- Central government debt, total in Hungary was 66.82 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in Hungary?
- The highest recorded value was 66.82 trillion current LCU in 2024.
- What is the lowest central government debt, total recorded in Hungary?
- The lowest recorded value was 1.85 trillion current LCU in 1991.
- How does Hungary rank for central government debt, total?
- Hungary ranks 6th out of 83 countries with data for 2024.
- Is central government debt, total rising or falling in Hungary?
- Over the last ten years it is up 103.3%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.