Subsidies and other transfers in Hungary
Hungary: Subsidies and other transfers was 14.29 trillion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in Hungary, 1987–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for subsidies and other transfers in Hungary is 14.29 trillion current LCU, measured in 2024. That is the highest value across all 37 years on record.
The figure is up 5.3% on the previous year and up 92.2% over ten years.
Over the whole period, subsidies and other transfers in Hungary peaked at 14.29 trillion current LCU in 2024 and was at its lowest, 209.50 billion current LCU, in 1987.
Hungary ranks 15th of 153 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 232.80 billion current LCU | 209.50 billion current LCU | 256.10 billion current LCU | 2 |
| 1990s | 1.58 trillion current LCU | 696.50 billion current LCU | 2.68 trillion current LCU | 10 |
| 2000s | 5.25 trillion current LCU | 2.90 trillion current LCU | 7.22 trillion current LCU | 10 |
| 2010s | 7.51 trillion current LCU | 7.14 trillion current LCU | 8.21 trillion current LCU | 10 |
| 2020s | 11.53 trillion current LCU | 8.71 trillion current LCU | 14.29 trillion current LCU | 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 subsidies and other transfers in Hungary?
- Subsidies and other transfers in Hungary was 14.29 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Hungary?
- The highest recorded value was 14.29 trillion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Hungary?
- The lowest recorded value was 209.50 billion current LCU in 1987.
- How does Hungary rank for subsidies and other transfers?
- Hungary ranks 15th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Hungary?
- Over the last ten years it is up 92.2%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.