Vertical fiscal imbalance, Percent in Hungary
Hungary: Vertical fiscal imbalance, Percent was 0.1736 in 2020. ◆ Volatile
Vertical fiscal imbalance, Percent in Hungary, 1995–2020
Source: International Monetary Fund.
Analysis
In 2020, vertical fiscal imbalance, percent in Hungary stood at 0.1736. That is the highest value across all 26 years on record.
That represents a change of up 481.6% on the previous year and up 173.5% over ten years.
Over the whole period, vertical fiscal imbalance, percent in Hungary peaked at 0.1736 in 2020 and was at its lowest, -0.2361, in 2010.
That places Hungary 15th out of 64 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Vertical fiscal imbalance, Percent in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.0785 | — |
| 1996 | -0.041 | -152.2% |
| 1997 | 0.0321 | -178.4% |
| 1998 | 0.077 | +139.8% |
| 1999 | -0.0058 | -107.5% |
| 2000 | -0.0748 | +1195.4% |
| 2001 | -0.0501 | -32.9% |
| 2002 | 0.0646 | -228.9% |
| 2003 | -0.0315 | -148.8% |
| 2004 | -0.0488 | +55.0% |
| 2005 | -0.0359 | -26.5% |
| 2006 | 0.0146 | -140.7% |
| 2007 | -0.0549 | -476.1% |
| 2008 | -0.2099 | +282.4% |
| 2009 | -0.18 | -14.2% |
| 2010 | -0.2361 | +31.2% |
| 2011 | -0.0887 | -62.4% |
| 2012 | -0.0811 | -8.6% |
| 2013 | 0.0193 | -123.8% |
| 2014 | 0.0369 | +90.8% |
| 2015 | 0.058 | +57.2% |
| 2016 | -0.0164 | -128.2% |
| 2017 | 0.0086 | -152.3% |
| 2018 | 0.036 | +320.2% |
| 2019 | 0.0298 | -17.0% |
| 2020 | 0.1736 | +481.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0282 | -0.041 | 0.0785 | 5 |
| 2000s | -0.0607 | -0.2099 | 0.0646 | 10 |
| 2010s | -0.0234 | -0.2361 | 0.058 | 10 |
| 2020s | 0.1736 | 0.1736 | 0.1736 | 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 vertical fiscal imbalance, percent in Hungary?
- Vertical fiscal imbalance, percent in Hungary was 0.1736 in 2020, according to International Monetary Fund.
- What is the highest vertical fiscal imbalance, percent recorded in Hungary?
- The highest recorded value was 0.1736 in 2020.
- What is the lowest vertical fiscal imbalance, percent recorded in Hungary?
- The lowest recorded value was -0.2361 in 2010.
- How does Hungary rank for vertical fiscal imbalance, percent?
- Hungary ranks 15th out of 64 countries with data for 2020.
- Is vertical fiscal imbalance, percent rising or falling in Hungary?
- Over the last ten years it is up 173.5%. 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 Vertical fiscal imbalance, 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.