Budget balance — all countries

Budget balance — Hungary

Budget balance in Hungary in 2031 — -5.5%. Ranked 163 in the world out of 188. Since 1995, the indicator has risen by 3.1 pp.

2031 -5.5% +0.1 pp vs 2030
World rank 163of 188
Period maximum -1.8%2016
Period minimum -9.3%2006

Trend over time

1995–2031 · % of GDP

Budget balance — Hungary, 1995–2031-10-8-6-4-2019951999200320072011201520192023202720311995: -8.6%1996: -4.4%1997: -5.5%1998: -7.4%1999: -5.3%2000: -3%2001: -4%2002: -8.8%2003: -7.2%2004: -6.6%2005: -7.8%2006: -9.3%2007: -5.1%2008: -3.8%2009: -4.8%2010: -4.4%2011: -5.2%2012: -2.3%2013: -2.6%2014: -2.8%2015: -2%2016: -1.8%2017: -2.5%2018: -2%2019: -2%2020: -7.5%2021: -7.1%2022: -6.2%2023: -6.8%2024: -4.9%2025: -4.7%2026: -5.5%2027: -5.7%2028: -5.8%2029: -5.7%2030: -5.6%2031: -5.5%
Change over the period: +3.1 pp Annual average: 0.09 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Hungary

Hungary -5.5%
World computed -4.85%
Europe & Central Asia computed -2.49%
Eastern Europe computed -3.65%
High-income countries computed -4.26%
Budget balance — Hungary, by year Hungary All countries CSV XLSX
Year % Change, pp
2031 -5.5 +0.1 pp
2030 -5.6 +0.1 pp
2029 -5.7 +0.1 pp
2028 -5.8 −0.1 pp
2027 -5.7 −0.2 pp
2026 -5.5 −0.8 pp
2025 -4.7 +0.2 pp
2024 -4.9 +1.9 pp
2023 -6.8 −0.6 pp
2022 -6.2 +0.9 pp
2021 -7.1 +0.4 pp
2020 -7.5 −5.5 pp
2019 -2 +0 pp
2018 -2 +0.5 pp
2017 -2.5 −0.7 pp
2016 -1.8 +0.2 pp
2015 -2 +0.8 pp
2014 -2.8 −0.2 pp
2013 -2.6 −0.3 pp
2012 -2.3 +2.9 pp
2011 -5.2 −0.8 pp
2010 -4.4 +0.4 pp
2009 -4.8 −1 pp
2008 -3.8 +1.3 pp
2007 -5.1 +4.2 pp
2006 -9.3 −1.5 pp
2005 -7.8 −1.2 pp
2004 -6.6 +0.6 pp
2003 -7.2 +1.6 pp
2002 -8.8 −4.8 pp
2001 -4 −1 pp
2000 -3 +2.3 pp
1999 -5.3 +2.1 pp
1998 -7.4 −1.9 pp
1997 -5.5 −1.1 pp
1996 -4.4 +4.2 pp
1995 -8.6

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.