Hungary's net domestic credit (current LCU) was 47.75 trillion in 2024, the latest year in the World Bank's World Development Indicators. That is up 142.32% from 19.71 trillion in 2014 (9.25% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 47.75 trillion | 2024 |
| Five years earlier | 25.95 trillion | 2019 |
| Ten years earlier | 19.71 trillion | 2014 |
| Highest | 47.75 trillion | 2024 |
| Lowest | 875.54 billion | 1982 |
| Average since 2015 | 31.64 trillion | 2015–2024 |
| First recorded | 875.54 billion |
What the numbers say
In 2024, Hungary's net domestic credit (current LCU) rose 9.4% on 2023 (from 43.66 trillion to 47.75 trillion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +9.2% and a typical year strayed about 9.1% from that (the standard deviation). This year's change was 0.0 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 42.1% in 1990 and the biggest yearly fall was 9.7% in 2012. 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 the straight-line trend is upward, about 3.46 trillion a year. A straight line explains 93% of the movement over 10 observed years.
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 5th 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.
Closest to Hungary in the 2024 ranking
- Korea, Rep. — 1st of 40: 5,011.73 trillion
- China — 2nd of 40: 353.25 trillion
- Iraq — 3rd of 40: 78.52 trillion
- Mongolia — 5th of 40: 36.24 trillion
- Madagascar — 6th of 40: 17.77 trillion
- Somalia, Fed. Rep. — 7th of 40: 16.43 trillion
What this measures
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. 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.
All 43 values
| Year | Net domestic credit (current LCU) |
|---|---|
| 2024 | 47,753,072,440,000 |
| 2023 | 43,657,988,670,000 |
| 2022 | 44,655,136,920,000 |
| 2021 | 37,803,090,800,000 |
| 2020 | 30,415,045,900,000 |
| 2019 | 25,950,385,500,000 |
| 2018 | 23,313,459,500,000 |
| 2017 | 22,310,803,500,000 |
| 2016 | 20,488,017,700,000 |
| 2015 | 20,019,977,000,000 |
Net domestic credit (current LCU) in nearby economies
- Albania — 1.46 trillion (2025)
- Armenia — 9.58 trillion (2025)
- Austria — 587.58 billion (2024)
- Azerbaijan — 36.87 billion (2025)
- Belarus — 60.23 billion (2021)
- Belgium — 762.57 billion (2024)
- Bosnia and Herzegovina — 29.62 billion (2025)
- Bulgaria — 58.79 billion (2024)
- Croatia — 49.55 billion (2024)
- Cyprus — 24.91 billion (2024)
- Czechia
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 foreign assets (current LCU) — 16.55 trillion (2024)
- Monetary sector credit to private sector (% of GDP) — 32.37% (2024)
Reading data like this
Questions people ask
- What is Hungary's net domestic credit (current LCU)?
- 47.75 trillion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1982?
- It is up 5,354% from 875.54 billion in 1982 (9.99% a year on average, compounded). The highest value was 47.75 trillion in 2024 and the lowest 875.54 billion in 1982.
- How does Hungary rank?
- 5th highest of 40 economies with data for 2024.
- Is the latest change in net domestic credit (current LCU) unusual for Hungary?
- In 2024, Hungary's net domestic credit (current LCU) rose 9.4% on 2023 (from 43.66 trillion to 47.75 trillion). Across the 30 yearly changes before that (1994 to 2023), the average change was +9.2% and a typical year strayed about 9.1% from that (the standard deviation). This year's change was 0.0 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 FM.AST.DOMS.CN, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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