Subsidies, payable, Ratio of this level of government's expenditure in Hungary
Hungary: Subsidies, payable, Ratio of this level of government's expenditure was 0.8114 in 2020. ▼ Falling
Subsidies, payable, Ratio of this level of government's expenditure in Hungary, 1995–2020
Source: International Monetary Fund.
Analysis
In 2020, subsidies, payable, ratio of this level of government's expenditure in Hungary stood at 0.8114.
The figure is down 0.2% on the previous year and up 1.4% over ten years.
Over the whole period, subsidies, payable, ratio of this level of government's expenditure in Hungary peaked at 0.9882 in 2003 and was at its lowest, 0.5432, in 2012.
Hungary ranks 40th of 75 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Subsidies, payable, Ratio of this level of government's expenditure in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.9241 | — |
| 1996 | 0.9264 | +0.3% |
| 1997 | 0.9203 | -0.7% |
| 1998 | 0.9245 | +0.5% |
| 1999 | 0.9352 | +1.2% |
| 2000 | 0.9343 | -0.1% |
| 2001 | 0.9447 | +1.1% |
| 2002 | 0.9445 | -0.0% |
| 2003 | 0.9882 | +4.6% |
| 2004 | 0.9638 | -2.5% |
| 2005 | 0.9382 | -2.7% |
| 2006 | 0.8958 | -4.5% |
| 2007 | 0.9002 | +0.5% |
| 2008 | 0.8474 | -5.9% |
| 2009 | 0.8566 | +1.1% |
| 2010 | 0.8003 | -6.6% |
| 2011 | 0.8295 | +3.6% |
| 2012 | 0.5432 | -34.5% |
| 2013 | 0.6361 | +17.1% |
| 2014 | 0.6511 | +2.4% |
| 2015 | 0.6547 | +0.6% |
| 2016 | 0.6672 | +1.9% |
| 2017 | 0.7261 | +8.8% |
| 2018 | 0.805 | +10.9% |
| 2019 | 0.8128 | +1.0% |
| 2020 | 0.8114 | -0.2% |
Hungary compared with similar countries
- Hungary's 0.8114 is above the median for high income countries, which is 0.7517, 1.1× the median. (42 countries reporting)
- Hungary's 0.8114 is above the median for Europe & Central Asia, which is 0.7742, 1.0× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Subsidies, payable, Ratio of this level of government's expenditure 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 |
|---|---|---|---|
| 2012 | -34.5% | 0.8295 | 0.5432 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9261 | 0.9203 | 0.9352 | 5 |
| 2000s | 0.9214 | 0.8474 | 0.9882 | 10 |
| 2010s | 0.7126 | 0.5432 | 0.8295 | 10 |
| 2020s | 0.8114 | 0.8114 | 0.8114 | 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 subsidies, payable, ratio of this level of government's expenditure in Hungary?
- Subsidies, payable, ratio of this level of government's expenditure in Hungary was 0.8114 in 2020, according to International Monetary Fund.
- What is the highest subsidies, payable, ratio of this level of government's expenditure recorded in Hungary?
- The highest recorded value was 0.9882 in 2003.
- What is the lowest subsidies, payable, ratio of this level of government's expenditure recorded in Hungary?
- The lowest recorded value was 0.5432 in 2012.
- How does Hungary rank for subsidies, payable, ratio of this level of government's expenditure?
- Hungary ranks 40th out of 75 countries with data for 2020.
- Is subsidies, payable, ratio of this level of government's expenditure rising or falling in Hungary?
- Over the last ten years it is up 1.4%. The long-run trend across the full record is falling.
- Where does this Hungary data come from?
- The figures come from International Monetary Fund, published as part of Subsidies, 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.