Hungary recorded a Government Debt to GDP of 73.50 percent of the country's Gross Domestic Product in 2024. This dataset provides - Hungary Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the ratio of national debt to gross domestic product (GDP) of Hungary was approximately 73.45 percent. Between 1995 and 2024, the figure dropped by around 10.42 percentage points, though the decline followed an uneven course rather than a steady trajectory. The ratio is forecast to decline by about 0.26 percentage points from 2024 to 2030, fluctuating as it trends downward.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Key information about Hungary Government Debt: % of GDP

• Hungary Government debt accounted for 73.6 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 76.0 % in the previous quarter.
• Hungary government debt to GDP ratio data is updated quarterly, available from Dec 1990 to Dec 2024.
• The data reached an all-time high of 94.7 % in Mar 1995 and a record low of 52.2 % in Dec 2001.

The Magyar Nemzeti Bank provides Government Debt as % of Nominal GDP.


Related information about Hungary Government Debt: % of GDP

• In the latest reports, Hungary National Government Debt reached 170.8 USD bn in Sep 2024.
• The country's Nominal GDP reached 42.7 USD bn in Mar 2023.

Graph and download economic data for Central government debt, total (% of GDP) for Hungary (DEBTTLHUA188A) from 1991 to 2022 about Hungary, debt, government, and GDP.

Government Debt in Hungary increased to 59298.57 HUF Billion in May from 58882.64 HUF Billion in April of 2025. This dataset provides the latest reported value for - Hungary Central Government Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Hungary Household Debt: % of GDP

• Hungary household debt accounted for 20.4 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 19.9 % in the previous quarter.
• Hungary household debt to GDP ratio is updated quarterly, available from Dec 1995 to Dec 2024.
• The data reached an all-time high of 45.4 % in Jun 2010 and a record low of 8.4 % in Mar 1999.

CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. The Magyar Nemzeti Bank provides Household Debt in local currency. Hungarian Central Statistical Office provides Nominal GDP in local currency.


Related information about Hungary Household Debt: % of GDP

• In the latest reports, Hungary Household Debt reached 44.6 USD bn in Sep 2024.
• Money Supply M2 in Hungary increased 7.7 % YoY in Dec 2024.
• Hungary Foreign Exchange Reserves was measured at 36.6 USD bn in Jan 2025.
• The Foreign Exchange Reserves equaled 3.2 Months of Import in Jan 2025.
• Hungary Domestic Credit reached 117.4 USD bn in Dec 2024, representing an increased of 10.3 % YoY.
• The country's Non Performing Loans Ratio stood at 1.7 % in Sep 2024, compared with the ratio of 1.8 % in the previous quarter.

Key information about Hungary External Debt: % of GDP

• Hungary External Debt accounted for 128.8 % of the country's Nominal GDP in 2023, compared with the ratio of 156.1 % in the previous year.
• Hungary External Debt: % of Nominal GDP data is updated yearly, available from Dec 2006 to Dec 2023.
• The data reached an all-time high of 179.6 % in Dec 2011 and a record low of 98.6 % in Dec 2019.

CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and annual Nominal GDP. The Magyar Nemzeti Bank provides External Debt in local currency. Hungarian Central Statistical Office provides Nominal GDP in local currency. External Debt includes Special Purpose Entities (SPEs).


Related information about Hungary External Debt: % of GDP

• In the latest reports of Hungary, Current Account recorded a surplus of 2.1 USD bn in Jun 2024.
• Foreign Direct Investment (FDI) fell by 52.7 USD bn in Jun 2024.
• Hungary Direct Investment Abroad fell by 49.7 USD bn in Jun 2024.
• Its Foreign Portfolio Investment fell by 2.1 USD bn in Jun 2024.
• The country's External Debt reached 336,175.6 in Jun 2024.
• The country's Nominal GDP was reported at 42.7 USD bn in Mar 2023.

Il debito privato sul PIL in Ungheria è diminuito al 121,10 percento nel 2024 rispetto al 121,90 percento nel 2023. Valori correnti, dati storici, previsioni, statistiche, grafici e calendario economico - Ungheria - Debito privato e PIL.

Key information about Hungary Total Debt: % of GDP

• Hungary Total Debt accounted for 430.5 % of the country's GDP in 2024, compared with the ratio of 436.1 % in the previous quarter.
• Hungary Total Debt: % of GDP data is updated quarterly, available from Dec 1995 to Sep 2024.
• The data reached an all-time high of 502.8 % in Jun 2010 and a record low of 264.9 % in Mar 2002.

CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly Nominal GDP. Total Debt is calculated as Total Liabilities less Equity & Investment Fund Shares and Financial Derivatives. The Magyar Nemzeti Bank provides Total Debt in local currency. The Hungarian Central Statistical Office provides Nominal GDP in local currency.

Graph and download economic data for Outstanding International Private Debt Securities to GDP for Hungary (DDDM05HUA156NWDB) from 1986 to 2020 about Hungary, debt, securities, private, and GDP.

Households Debt in Hungary increased to 17 percent of GDP in the fourth quarter of 2024 from 16.90 percent of GDP in the third quarter of 2024. This dataset provides - Hungary Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Hungary HU: Gross Public Debt: % of GDP: Central Government: Debt Securities and Loans data was reported at 72.667 % in Mar 2018. This records an increase from the previous number of 71.963 % for Dec 2017. Hungary HU: Gross Public Debt: % of GDP: Central Government: Debt Securities and Loans data is updated quarterly, averaging 66.564 % from Dec 1995 (Median) to Mar 2018, with 90 observations. The data reached an all-time high of 83.313 % in Dec 1995 and a record low of 51.295 % in Dec 2001. Hungary HU: Gross Public Debt: % of GDP: Central Government: Debt Securities and Loans data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hungary – Table HU.World Bank: QPSD: Gross Public Debt: % of GDP: Central Government.

Household debt to GDP, in percent in Hungary, December, 2024 The most recent value is 17 percent as of December 2024, an increase compared to the previous value of 16.9 percent. Historically, the average for Hungary from March 1999 to December 2024 is 21.92 percent. The minimum of 4.4 percent was recorded in March 1999, while the maximum of 41.2 percent was reached in June 2010. | TheGlobalEconomy.com

In the third quarter of 2024, Greece's national debt was the highest in all the European Union, amounting to 158 percent of Greece's gross domestic product. In spite of Greece's total being high by EU standards, it marks a substantial decrease from the historical high point reached by the country's national debt of 207 percent of GDP in 2020. Italy, France, Spain, Belgium, and Portugal also all have government debt worth over one year's production of their economies, while the small Baltic country of Estonia has the smallest national debt when compared with GDP, at only 24 percent. In debitum incrementum?A country’s national debt, also known as government debt or public debt, is defined as all borrowings owed by the government of a country. It usually comprises internal debt – owed to other governmental departments – and external debt, which is held by the public and is owed to government bond owners. National debt can be caused by a struggling economy in general, or by low tax income, which usually leads to money being borrowed from other governments for support, which in turn cannot be paid back right away. At first glance, a high national debt is not always a sign of a struggling economy – but since increasing debt can slow down economic growth significantly, it is imperative for the respective government to seek a steady reduction in the long run.

This statistic shows the percentage change on the previous year for general government consolidated gross debt as a share of gross domestic product (GDP) in Hungary from 2011 to 2017. The largest change in this period occurred in 2014 when there was an increase of five percent.

Central government debt, total (% of GDP) in Hungary was reported at 75.3 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Hungary - Central government debt, total (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The national debt of Hungary stood at about ************** U.S. dollars in 2024. Between 1995 and 2024, the national debt rose by approximately ************** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around ************* U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

Hungary: Government debt as percent of GDP: The latest value from 2023 is 73.5 percent, a decline from 74.1 percent in 2022. In comparison, the world average is 61.85 percent, based on data from 137 countries. Historically, the average for Hungary from 1995 to 2023 is 69.4 percent. The minimum value, 52.3 percent, was reached in 2001 while the maximum of 84.1 percent was recorded in 1995.

Hungary - Net external debt was 25.00 % of GDP in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Hungary - Net external debt - last updated from the EUROSTAT on July of 2025. Historically, Hungary - Net external debt reached a record high of 81.40 % of GDP in June of 2009 and a record low of -24.30 % of GDP in September of 2020.

In 2024, the consolidated debt of non-financial corporations accounted for 54.5 percent of Hungary's GDP. Over the observed years, the highest figure was recorded in 2021, at 59.4 percent.