Military expenditure in Hungary
Hungary: Military expenditure was 4.73 billion current USD in 2024. ◆ Volatile
Military expenditure in Hungary, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Hungary stood at 4.73 billion current USD. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 8.7% on the previous year and up 291.4% over ten years.
Over the whole period, military expenditure in Hungary peaked at 4.73 billion current USD in 2024 and was at its lowest, 0 current USD, in 1960.
That places Hungary 49th out of 167 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 32.35 million current USD | 0 current USD | 173.33 million current USD | 10 |
| 1970s | 357.99 million current USD | 223.33 million current USD | 621.17 million current USD | 10 |
| 1980s | 804.65 million current USD | 641.10 million current USD | 1.03 billion current USD | 10 |
| 1990s | 708.98 million current USD | 585.27 million current USD | 847.39 million current USD | 10 |
| 2000s | 1.37 billion current USD | 715.86 million current USD | 1.87 billion current USD | 10 |
| 2010s | 1.46 billion current USD | 1.13 billion current USD | 2.19 billion current USD | 10 |
| 2020s | 3.50 billion current USD | 2.41 billion current USD | 4.73 billion current USD | 5 |
Countries ranked near Hungary
More public sector data for Hungary
- Arms imports 604.00 million SIPRI trend indicator values (2024)
- Tax revenue 22.7% (2024)
- Taxes on income, profits and capital gains 18.9% (2024)
- Taxes on goods and services 37.1% (2024)
- Net investment in nonfinancial assets 3.4% (2024)
- Net lending (+) / net borrowing (-) -4.5% (2024)
- Interest payments 12.2% (2024)
- Grants and other revenue 15.8% (2024)
- Interest payments 6.6% (2022)
- Other taxes 1.7% (2024)
Frequently asked questions
- What is military expenditure in Hungary?
- Military expenditure in Hungary was 4.73 billion current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Hungary?
- The highest recorded value was 4.73 billion current USD in 2024.
- What is the lowest military expenditure recorded in Hungary?
- The lowest recorded value was 0 current USD in 1960.
- How does Hungary rank for military expenditure?
- Hungary ranks 49th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Hungary?
- Over the last ten years it is up 291.4%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)