EUROSPENDINGEuro Economics
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Hungary

EU member since 2004 · capital Budapest

GDP nominal
218.8B€M
+12677.70 YoY
as of 2025-01
GDP per cap
23,000
+1440.00 YoY
as of 2025-01
Deficit
-4.70% GDP
+0.40 YoY
as of 2025-01
Debt
74.60% GDP
+1.10 YoY
as of 2025-01
HICP
4.40%
+0.70 YoY
as of 2025-01
Unemployment
4.40%
-0.10 YoY
as of 2025-01

Fiscal trajectory

Deficit history + debt vs eurozone average

Government deficit / surplus
% of GDP, annual (B.9)
Government debt
% of GDP, vs eurozone average

Government spending — latest year

By COFOG function (% of GDP)

Spending breakdown
latest year (2024)
Total expenditure vs revenue
% of GDP, annual

Macro indicators

Real GDP growth
% YoY, annual
HICP inflation
% YoY, annual average
Unemployment
% of active population

vs. EU peers

Rank against the other 26 EU member states for the latest available period

Debt rank
9/27
debt: 74.6%
Deficit rank
23/27
deficit: -4.7%
GDP per cap
25/27
GDP/cap: €23,000

IMF WEO forecasts

GDP growth — historical + forecast
Solid = actual · dashed = forecast