Net incurrence of liabilities, total (current LCU) in Hungary
Hungary: Net incurrence of liabilities, total (current LCU) was 3.50 trillion current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total in Hungary, 1981–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net incurrence of liabilities, total in Hungary is 3.50 trillion current LCU, measured in 2024.
The figure is down 51.7% on the previous year and up 105.6% over ten years.
Over the whole period, net incurrence of liabilities, total in Hungary peaked at 7.26 trillion current LCU in 2023 and was at its lowest, -5.80 billion current LCU, in 1990.
Hungary ranks 13th of 136 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total (current LCU) in Hungary, year by year
| Year | current LCU | Change |
|---|---|---|
| 1981 | 16.30 billion current LCU | — |
| 1982 | 17.80 billion current LCU | +9.2% |
| 1983 | 7.60 billion current LCU | -57.3% |
| 1984 | -3.10 billion current LCU | -140.8% |
| 1985 | 100.00 million current LCU | -103.2% |
| 1986 | 31.20 billion current LCU | +31100.0% |
| 1988 | 4.40 billion current LCU | -85.9% |
| 1989 | 32.00 billion current LCU | +627.3% |
| 1990 | -5.80 billion current LCU | -118.1% |
| 1991 | 205.10 billion current LCU | -3636.2% |
| 1992 | 119.00 billion current LCU | -42.0% |
| 1993 | 323.50 billion current LCU | +171.8% |
| 1994 | 254.40 billion current LCU | -21.4% |
| 1995 | 919.52 billion current LCU | +261.4% |
| 1996 | 258.69 billion current LCU | -71.9% |
| 1997 | 250.07 billion current LCU | -3.3% |
| 1998 | 568.79 billion current LCU | +127.5% |
| 1999 | 552.21 billion current LCU | -2.9% |
| 2000 | 124.36 billion current LCU | -77.5% |
| 2001 | 1.05 trillion current LCU | +744.5% |
| 2002 | 1.41 trillion current LCU | +33.9% |
| 2003 | 1.28 trillion current LCU | -8.7% |
| 2004 | 1.71 trillion current LCU | +33.0% |
| 2005 | 1.16 trillion current LCU | -31.8% |
| 2006 | 1.91 trillion current LCU | +63.7% |
| 2007 | 1.18 trillion current LCU | -38.3% |
| 2008 | 2.27 trillion current LCU | +93.1% |
| 2009 | 1.01 trillion current LCU | -55.6% |
| 2010 | 599.68 billion current LCU | -40.6% |
| 2011 | 2.84 trillion current LCU | +373.0% |
| 2012 | 555.68 billion current LCU | -80.4% |
| 2013 | 1.24 trillion current LCU | +123.6% |
| 2014 | 1.70 trillion current LCU | +37.1% |
| 2015 | 1.07 trillion current LCU | -37.2% |
| 2016 | 1.09 trillion current LCU | +2.3% |
| 2017 | 1.35 trillion current LCU | +22.9% |
| 2018 | 1.84 trillion current LCU | +36.8% |
| 2019 | 1.01 trillion current LCU | -45.3% |
| 2020 | 6.37 trillion current LCU | +532.8% |
| 2021 | 4.19 trillion current LCU | -34.3% |
| 2022 | 6.03 trillion current LCU | +43.9% |
| 2023 | 7.26 trillion current LCU | +20.4% |
| 2024 | 3.50 trillion current LCU | -51.7% |
Hungary compared with similar countries
- Hungary's 3.50 trillion current LCU is above the median for high income countries, which is 9.91 billion current LCU, 353.4× the median. (41 countries reporting)
- Hungary's 3.50 trillion current LCU is above the median for Europe & Central Asia, which is 14.60 billion current LCU, 239.9× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total (current LCU) in Hungary changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +31100.0% | 100.00 million current LCU | 31.20 billion current LCU |
| 1991 | +3636.2% | -5.80 billion current LCU | 205.10 billion current LCU |
| 2001 | +744.5% | 124.36 billion current LCU | 1.05 trillion current LCU |
| 1989 | +627.3% | 4.40 billion current LCU | 32.00 billion current LCU |
| 2020 | +532.8% | 1.01 trillion current LCU | 6.37 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.29 billion current LCU | -3.10 billion current LCU | 32.00 billion current LCU | 8 |
| 1990s | 344.55 billion current LCU | -5.80 billion current LCU | 919.52 billion current LCU | 10 |
| 2000s | 1.31 trillion current LCU | 124.36 billion current LCU | 2.27 trillion current LCU | 10 |
| 2010s | 1.33 trillion current LCU | 555.68 billion current LCU | 2.84 trillion current LCU | 10 |
| 2020s | 5.47 trillion current LCU | 3.50 trillion current LCU | 7.26 trillion current LCU | 5 |
Countries ranked near Hungary
More public sector data for Hungary
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 402.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is net incurrence of liabilities, total in Hungary?
- Net incurrence of liabilities, total in Hungary was 3.50 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Hungary?
- The highest recorded value was 7.26 trillion current LCU in 2023.
- What is the lowest net incurrence of liabilities, total recorded in Hungary?
- The lowest recorded value was -5.80 billion current LCU in 1990.
- How does Hungary rank for net incurrence of liabilities, total?
- Hungary ranks 13th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Hungary?
- Over the last ten years it is up 105.6%. 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.