Goods and services expense in Hungary
Hungary: Goods and services expense was 15.4% in 2022. ▲ Rising
Goods and services expense in Hungary, 1981–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Hungary recorded 15.4% for goods and services expense in 2022.
Compared with earlier readings it is down 1.2% on the previous year and up 40.0% over ten years.
Over the whole period, goods and services expense in Hungary peaked at 20.7% in 1990 and was at its lowest, 6.9%, in 1998.
Hungary ranks 72nd of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 42 years of available data.
Goods and services expense in Hungary, year by year
| Year | % of expense | Change |
|---|---|---|
| 1981 | 13.5% | — |
| 1982 | 13.5% | +0.2% |
| 1983 | 11.7% | -13.7% |
| 1984 | 12.0% | +3.2% |
| 1985 | 11.8% | -2.2% |
| 1986 | 9.6% | -18.4% |
| 1987 | 11.8% | +22.8% |
| 1988 | 14.4% | +21.9% |
| 1989 | 13.4% | -7.1% |
| 1990 | 20.7% | +54.7% |
| 1991 | 9.0% | -56.5% |
| 1992 | 10.3% | +14.1% |
| 1993 | 12.6% | +22.5% |
| 1994 | 10.9% | -13.3% |
| 1995 | 7.8% | -28.8% |
| 1996 | 7.1% | -7.9% |
| 1997 | 7.5% | +5.5% |
| 1998 | 6.9% | -8.6% |
| 1999 | 7.6% | +10.8% |
| 2000 | 8.2% | +7.5% |
| 2001 | 8.1% | -1.2% |
| 2002 | 7.6% | -5.9% |
| 2003 | 7.9% | +3.5% |
| 2004 | 7.5% | -4.6% |
| 2005 | 7.4% | -1.5% |
| 2006 | 7.6% | +3.0% |
| 2007 | 8.1% | +6.4% |
| 2008 | 9.3% | +13.7% |
| 2009 | 9.7% | +4.8% |
| 2010 | 9.8% | +1.1% |
| 2011 | 9.1% | -7.1% |
| 2012 | 11.0% | +20.8% |
| 2013 | 11.2% | +1.5% |
| 2014 | 12.1% | +8.7% |
| 2015 | 13.1% | +8.0% |
| 2016 | 12.6% | -3.6% |
| 2017 | 14.3% | +13.4% |
| 2018 | 14.8% | +3.4% |
| 2019 | 15.9% | +7.3% |
| 2020 | 15.0% | -5.6% |
| 2021 | 15.6% | +4.0% |
| 2022 | 15.4% | -1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 12.4% | 9.6% | 14.4% | 9 |
| 1990s | 10.0% | 6.9% | 20.7% | 10 |
| 2000s | 8.2% | 7.4% | 9.7% | 10 |
| 2010s | 12.4% | 9.1% | 15.9% | 10 |
| 2020s | 15.3% | 15.0% | 15.6% | 3 |
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 goods and services expense in Hungary?
- Goods and services expense in Hungary was 15.4% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Hungary?
- The highest recorded value was 20.7% in 1990.
- What is the lowest goods and services expense recorded in Hungary?
- The lowest recorded value was 6.9% in 1998.
- How does Hungary rank for goods and services expense?
- Hungary ranks 72nd out of 154 countries with data for 2022.
- Is goods and services expense rising or falling in Hungary?
- Over the last ten years it is up 40.0%. The long-run trend across the full record is rising.
- 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 Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.