Deficit, Percent of own spending in Hungary
Hungary: Deficit, Percent of own spending was -0.216 in 2020. ▲ Rising
Deficit, Percent of own spending in Hungary, 1995–2020
Source: International Monetary Fund.
Analysis
The most recent figure for deficit, percent of own spending in Hungary is -0.216, measured in 2020.
Compared with earlier readings it is down 239.6% on the previous year and down 23.9% over ten years.
Over the whole period, deficit, percent of own spending in Hungary peaked at -0.0636 in 2019 and was at its lowest, -0.4119, in 2006.
Hungary ranks 25th of 66 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Deficit, Percent of own spending in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | -0.2906 | — |
| 1996 | -0.1934 | -33.5% |
| 1997 | -0.2117 | +9.5% |
| 1998 | -0.2514 | +18.7% |
| 1999 | -0.2011 | -20.0% |
| 2000 | -0.1103 | -45.2% |
| 2001 | -0.1918 | +73.9% |
| 2002 | -0.2946 | +53.6% |
| 2003 | -0.2483 | -15.7% |
| 2004 | -0.2626 | +5.7% |
| 2005 | -0.312 | +18.8% |
| 2006 | -0.4119 | +32.0% |
| 2007 | -0.2358 | -42.8% |
| 2008 | -0.1568 | -33.5% |
| 2009 | -0.1683 | +7.3% |
| 2010 | -0.1743 | +3.6% |
| 2011 | -0.2558 | +46.8% |
| 2012 | -0.1119 | -56.2% |
| 2013 | -0.2016 | +80.1% |
| 2014 | -0.1515 | -24.8% |
| 2015 | -0.0757 | -50.1% |
| 2016 | -0.0741 | -2.1% |
| 2017 | -0.0871 | +17.7% |
| 2018 | -0.0859 | -1.5% |
| 2019 | -0.0636 | -25.9% |
| 2020 | -0.216 | +239.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.2296 | -0.2906 | -0.1934 | 5 |
| 2000s | -0.2393 | -0.4119 | -0.1103 | 10 |
| 2010s | -0.1282 | -0.2558 | -0.0636 | 10 |
| 2020s | -0.216 | -0.216 | -0.216 | 1 |
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 deficit, percent of own spending in Hungary?
- Deficit, percent of own spending in Hungary was -0.216 in 2020, according to International Monetary Fund.
- What is the highest deficit, percent of own spending recorded in Hungary?
- The highest recorded value was -0.0636 in 2019.
- What is the lowest deficit, percent of own spending recorded in Hungary?
- The lowest recorded value was -0.4119 in 2006.
- How does Hungary rank for deficit, percent of own spending?
- Hungary ranks 25th out of 66 countries with data for 2020.
- Is deficit, percent of own spending rising or falling in Hungary?
- Over the last ten years it is down 23.9%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from International Monetary Fund, published as part of Deficit, Percent of own spending (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.