Hungary's claims on central government, etc. (% of GDP) was 17.1% in 2024, the latest year in the World Bank's World Development Indicators. That is up 4.16 percentage points from 12.94% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 17.1% | 2024 |
| Five years earlier | 15.32% | 2019 |
| Ten years earlier | 12.94% | 2014 |
| Highest | 65.16% | 1993 |
| Lowest | 7.25% | 2011 |
| Average since 2015 | 17.59% | 2015–2024 |
| First recorded | 51.9% | 1982 |
What the numbers say
In 2024, Hungary's claims on central government, etc. (% of GDP) rose 1.44 percentage points on 2023 (from 15.66% to 17.1%).
Across the 30 yearly changes before that (1994 to 2023), the average change was −1.65 percentage points and a typical year strayed about 3.74 percentage points from that (the standard deviation). This year's change was 0.8 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 15.33 percentage points in 1990 and the biggest yearly fall was 11.12 percentage points in 1999. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Hungary had the 14th highest value of the 40 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Hungary | 17.1% | 2024 |
| World | 39.8% | 2024 |
| Europe & Central Asia | 20.29% | 2023 |
| High income | 43.12% | 2024 |
Closest to Hungary in the 2024 ranking
What this measures
Claims on central government include loans to central government institutions net of deposits. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 43 values
| Year | Claims on central government, etc. (% of GDP) |
|---|---|
| 2024 | 17.1 |
| 2023 | 15.66 |
| 2022 | 19.28 |
| 2021 | 20.22 |
| 2020 | 17.89 |
| 2019 | 15.32 |
| 2018 | 16.42 |
| 2017 | 19.69 |
| 2016 | 17.32 |
| 2015 | 17.05 |
| 2014 |
Claims on central government, etc. (% of GDP) in nearby economies
- Albania — 21.66% (2025)
- Armenia — 12.29% (2025)
- Austria — 17.69% (2024)
- Azerbaijan — -3.85% (2025)
- Belarus — -5.76% (2021)
- Belgium — 21.15% (2024)
- Bosnia and Herzegovina — 4.09% (2025)
- Bulgaria — 3.89% (2024)
- Croatia — 8.7% (2024)
- Cyprus — 11.58% (2024)
More financial sector data for Hungary
- GDP deflator (base year varies by country) — 159.07 (2025)
- Inflation, GDP deflator (annual % growth) — 6.27% (2025)
- DEC alternative conversion factor (LCU per US$) — US$353.14 (2025)
- Official exchange rate (LCU per US$, period average) — US$353.14 (2025)
- Consumer price index (2010 = 100) — 191.98 (2025)
- Inflation, consumer prices (annual % growth) — 4.41% (2025)
- Domestic credit to private sector by banks (% of GDP) — 32.1% (2024)
- Net domestic credit (current LCU) — 47.75 trillion (2024)
- Net foreign assets (current LCU) — 16.55 trillion (2024)
- Monetary sector credit to private sector (% of GDP)
Reading data like this
Questions people ask
- What is Hungary's claims on central government, etc. (% of GDP)?
- 17.1% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1982?
- It is down 34.8 percentage points from 51.9% in 1982. The highest value was 65.16% in 1993 and the lowest 7.25% in 2011.
- How does Hungary rank?
- 14th highest of 40 economies with data for 2024.
- Is the latest change in claims on central government, etc. (% of GDP) unusual for Hungary?
- In 2024, Hungary's claims on central government, etc. (% of GDP) rose 1.44 percentage points on 2023 (from 15.66% to 17.1%). Across the 30 yearly changes before that (1994 to 2023), the average change was −1.65 percentage points and a typical year strayed about 3.74 percentage points from that (the standard deviation). This year's change was 0.8 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator FS.AST.CGOV.GD.ZS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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