Expense in Hungary

Hungary: Expense was 27.97 trillion current LCU in 2022. ◆ Volatile

Latest (2022)
27.97 trillion current LCU
Change on year
up 19.1%
World rank
15th
of 157 countries
All-time high
27.97 trillion current LCU
in 2022
All-time low
415.10 billion current LCU
in 1981
Years of data
42
1981–2022

Expense in Hungary, 1981–2022

010.0T20.0T30.0T1981200120221981: 415.1B current LCU1982: 437.0B current LCU1983: 457.5B current LCU1984: 481.6B current LCU1985: 512.0B current LCU1986: 604.5B current LCU1987: 666.1B current LCU1988: 748.5B current LCU1989: 905.6B current LCU1990: 1.1T current LCU1991: 1.3T current LCU1992: 1.6T current LCU1993: 1.9T current LCU1994: 2.3T current LCU1995: 3.0T current LCU1996: 3.3T current LCU1997: 3.9T current LCU1998: 4.7T current LCU1999: 5.1T current LCU2000: 5.5T current LCU2001: 6.3T current LCU2002: 7.5T current LCU2003: 8.2T current LCU2004: 8.8T current LCU2005: 9.4T current LCU2006: 10.4T current LCU2007: 10.9T current LCU2008: 12.1T current LCU2009: 11.9T current LCU2010: 12.0T current LCU2011: 12.8T current LCU2012: 12.9T current LCU2013: 14.2T current LCU2014: 14.8T current LCU2015: 15.1T current LCU2016: 15.8T current LCU2017: 16.5T current LCU2018: 17.3T current LCU2019: 18.9T current LCU2020: 21.5T current LCU2021: 23.5T current LCU2022: 28.0T current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

Hungary recorded 27.97 trillion current LCU for expense in 2022. That is the highest value across all 42 years on record.

Compared with earlier readings it is up 19.1% on the previous year and up 116.3% over ten years.

Over the whole period, expense in Hungary peaked at 27.97 trillion current LCU in 2022 and was at its lowest, 415.10 billion current LCU, in 1981.

Hungary ranks 15th of 157 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 580.88 billion current LCU 415.10 billion current LCU 905.60 billion current LCU 9
1990s 2.82 trillion current LCU 1.06 trillion current LCU 5.11 trillion current LCU 10
2000s 9.10 trillion current LCU 5.51 trillion current LCU 12.07 trillion current LCU 10
2010s 15.03 trillion current LCU 11.96 trillion current LCU 18.85 trillion current LCU 10
2020s 24.33 trillion current LCU 21.52 trillion current LCU 27.97 trillion current LCU 3

Countries ranked near Hungary

  1. 12 India 35.85 trillion current LCU compare
  2. 13 Tanzania 33.64 trillion current LCU compare
  3. 14 Uganda 30.35 trillion current LCU compare
  4. 16 Cambodia 22.54 trillion current LCU compare
  5. 17 Laos 22.40 trillion current LCU compare
  6. 18 Kazakhstan 20.84 trillion current LCU compare

See the full ranking of 157 places →

More public sector data for Hungary

All data for Hungary →

Frequently asked questions

What is expense in Hungary?
Expense in Hungary was 27.97 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Hungary?
The highest recorded value was 27.97 trillion current LCU in 2022.
What is the lowest expense recorded in Hungary?
The lowest recorded value was 415.10 billion current LCU in 1981.
How does Hungary rank for expense?
Hungary ranks 15th out of 157 countries with data for 2022.
Is expense rising or falling in Hungary?
Over the last ten years it is up 116.3%. The long-run trend across the full record is volatile.
Where does this Hungary data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
157 places, 4,452 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.