Transfer dependency method 1, Ratio of net transfers to own spending in Hungary
Hungary: Transfer dependency method 1, Ratio of net transfers to own spending was -0.0424 in 2020. ◆ Volatile
Transfer dependency method 1, Ratio of net transfers to own spending in Hungary, 1995–2020
Source: International Monetary Fund.
Analysis
The most recent figure for transfer dependency method 1, ratio of net transfers to own spending in Hungary is -0.0424, measured in 2020.
Compared with earlier readings it is down 25.5% on the previous year and up 89.7% over ten years.
Over the whole period, transfer dependency method 1, ratio of net transfers to own spending in Hungary peaked at -0.0177 in 2015 and was at its lowest, -0.4104, in 2010.
Hungary ranks 15th of 64 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Transfer dependency method 1, Ratio of net transfers to own spending in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | -0.2121 | — |
| 1996 | -0.2343 | +10.5% |
| 1997 | -0.1796 | -23.4% |
| 1998 | -0.1744 | -2.9% |
| 1999 | -0.2069 | +18.7% |
| 2000 | -0.1851 | -10.6% |
| 2001 | -0.242 | +30.7% |
| 2002 | -0.23 | -4.9% |
| 2003 | -0.2798 | +21.7% |
| 2004 | -0.3114 | +11.3% |
| 2005 | -0.3479 | +11.7% |
| 2006 | -0.3973 | +14.2% |
| 2007 | -0.2907 | -26.8% |
| 2008 | -0.3667 | +26.2% |
| 2009 | -0.3483 | -5.0% |
| 2010 | -0.4104 | +17.8% |
| 2011 | -0.3445 | -16.0% |
| 2012 | -0.1931 | -44.0% |
| 2013 | -0.1823 | -5.6% |
| 2014 | -0.1146 | -37.1% |
| 2015 | -0.0177 | -84.6% |
| 2016 | -0.0904 | +410.9% |
| 2017 | -0.0786 | -13.1% |
| 2018 | -0.0499 | -36.5% |
| 2019 | -0.0337 | -32.4% |
| 2020 | -0.0424 | +25.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.2015 | -0.2343 | -0.1744 | 5 |
| 2000s | -0.2999 | -0.3973 | -0.1851 | 10 |
| 2010s | -0.1515 | -0.4104 | -0.0177 | 10 |
| 2020s | -0.0424 | -0.0424 | -0.0424 | 1 |
Countries ranked near Hungary
- 12 Bosnia and Herzegovina -0.0271 compare
- 13 Paraguay -0.0325 compare
- 14 Costa Rica -0.0417 compare
- 16 Azerbaijan -0.0596 compare
- 17 Chile -0.0815 compare
- 18 Myanmar -0.1012 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 transfer dependency method 1, ratio of net transfers to own spending in Hungary?
- Transfer dependency method 1, ratio of net transfers to own spending in Hungary was -0.0424 in 2020, according to International Monetary Fund.
- What is the highest transfer dependency method 1, ratio of net transfers to own spending recorded in Hungary?
- The highest recorded value was -0.0177 in 2015.
- What is the lowest transfer dependency method 1, ratio of net transfers to own spending recorded in Hungary?
- The lowest recorded value was -0.4104 in 2010.
- How does Hungary rank for transfer dependency method 1, ratio of net transfers to own spending?
- Hungary ranks 15th out of 64 countries with data for 2020.
- Is transfer dependency method 1, ratio of net transfers to own spending rising or falling in Hungary?
- Over the last ten years it is up 89.7%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from International Monetary Fund, published as part of Transfer dependency method 1, Ratio of net transfers to own spending, 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.