Interest, payable, Ratio of this level of government's expenditure on in Hungary
Hungary: Interest, payable, Ratio of this level of government's expenditure on was 1 in 2020. ▬ Flat
Interest, payable, Ratio of this level of government's expenditure on in Hungary, 1995–2020
Source: International Monetary Fund.
Analysis
In 2020, interest, payable, ratio of this level of government's expenditure on in Hungary stood at 1.
Compared with earlier readings it is down 0.2% on the previous year and up 2.9% over ten years.
Over the whole period, interest, payable, ratio of this level of government's expenditure on in Hungary peaked at 1.01 in 1998 and was at its lowest, 0.9573, in 2008.
That places Hungary 13th out of 80 countries with data for 2020, putting it in the top quarter.
Interest, payable, Ratio of this level of government's expenditure on in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.9855 | — |
| 1996 | 0.9957 | +1.0% |
| 1997 | 1.01 | +1.1% |
| 1998 | 1.01 | +0.5% |
| 1999 | 1.01 | -0.2% |
| 2000 | 1.01 | -0.2% |
| 2001 | 0.989 | -1.9% |
| 2002 | 0.9847 | -0.4% |
| 2003 | 0.9783 | -0.7% |
| 2004 | 0.9755 | -0.3% |
| 2005 | 0.9813 | +0.6% |
| 2006 | 0.9763 | -0.5% |
| 2007 | 0.9648 | -1.2% |
| 2008 | 0.9573 | -0.8% |
| 2009 | 0.9647 | +0.8% |
| 2010 | 0.9723 | +0.8% |
| 2011 | 0.9598 | -1.3% |
| 2012 | 0.9658 | +0.6% |
| 2013 | 0.9821 | +1.7% |
| 2014 | 0.9966 | +1.5% |
| 2015 | 0.9957 | -0.1% |
| 2016 | 0.9998 | +0.4% |
| 2017 | 1 | +0.3% |
| 2018 | 1.01 | +0.3% |
| 2019 | 1 | -0.3% |
| 2020 | 1 | -0.2% |
Hungary compared with similar countries
- Hungary's 1 is above the median for high income countries, which is 0.9354, 1.1× the median. (42 countries reporting)
- Hungary's 1 is above the median for Europe & Central Asia, which is 0.966, 1.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1 | 0.9855 | 1.01 | 5 |
| 2000s | 0.978 | 0.9573 | 1.01 | 10 |
| 2010s | 0.9883 | 0.9598 | 1.01 | 10 |
| 2020s | 1 | 1 | 1 | 1 |
Countries ranked near Hungary
- 10 Portugal 1.03 compare
- 11 Cyprus 1.01 compare
- 12 Albania 1 compare
- 14 Afghanistan 1 compare
- 14 Azerbaijan 1 compare
- 14 Iran, Islamic Republic of 1 compare
- 14 Kiribati 1 compare
- 14 Marshall Islands 1 compare
- 14 Palau 1 compare
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 interest, payable, ratio of this level of government's expenditure on in Hungary?
- Interest, payable, ratio of this level of government's expenditure on in Hungary was 1 in 2020, according to International Monetary Fund.
- What is the highest interest, payable, ratio of this level of government's expenditure on recorded in Hungary?
- The highest recorded value was 1.01 in 1998.
- What is the lowest interest, payable, ratio of this level of government's expenditure on recorded in Hungary?
- The lowest recorded value was 0.9573 in 2008.
- How does Hungary rank for interest, payable, ratio of this level of government's expenditure on?
- Hungary ranks 13th out of 80 countries with data for 2020.
- Is interest, payable, ratio of this level of government's expenditure on rising or falling in Hungary?
- Over the last ten years it is up 2.9%. The long-run trend across the full record is flat.
- Where does this Hungary data come from?
- The figures come from International Monetary Fund, published as part of Interest, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (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.