Government Spending in Hungary increased to 1603304 HUF Million in the third quarter of 2024 from 1574817 HUF Million in the second quarter of 2024. Government Spending in Hungary averaged 1100466.16 HUF Million from 1995 until 2024, reaching an all time high of 1830509.00 HUF Million in the fourth quarter of 2020 and a record low of 740736.00 HUF Million in the first quarter of 1996. source: Hungarian Central Statistical Office

Government Spending in Hungary is expected to be 1528683.00 HUF Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Related Last Previous Unit Reference
Asylum Applications 0.00 0.00 persons Dec 2024
Credit Rating 58.00 Jan 2025
Fiscal Expenditure 2983.50 3732.80 HUF Billion Nov 2024
Government Budget -6.70 -6.20 percent of GDP Dec 2023
Budget Balance -234.00 -427.00 HUF Billion Nov 2024
Government Debt 56183.39 55573.17 HUF Billion Nov 2024
Government Debt to GDP 73.40 73.80 percent of GDP Dec 2023
Government Revenues 2749.68 3305.85 HUF Billion Nov 2024
Government Spending 1603304.00 1574817.00 HUF Million Sep 2024
Government Spending to GDP 49.50 48.70 percent of GDP Dec 2023
Holidays
Military Expenditure 4355.50 3256.80 USD Million Dec 2023

Hungary Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.
Actual Previous Highest Lowest Dates Unit Frequency
1603304.00 1574817.00 1830509.00 740736.00 1995 - 2024 HUF Million Quarterly
Constant Prices, NSA