The budget balance in relation to the GDP in Hungary was forecast to continuously increase between 2024 and 2029 by in total 2.3 percentage points. According to this forecast, in 2029, the budget balance will have increased for the sixth consecutive year to -2.7 percent. The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more key insights for the budget balance in relation to the GDP in countries like Czechia, Poland, and Slovakia.
Hungary: Budget balance between 2019 to 2029 in relation to GDP
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IMF. (October 22, 2024). Hungary: Budget balance between 2019 to 2029 in relation to GDP [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/348271/hungary-budget-balance-in-relation-to-gdp/
IMF. "Hungary: Budget balance between 2019 to 2029 in relation to GDP." Chart. October 22, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/348271/hungary-budget-balance-in-relation-to-gdp/
IMF. (2024). Hungary: Budget balance between 2019 to 2029 in relation to GDP. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/348271/hungary-budget-balance-in-relation-to-gdp/
IMF. "Hungary: Budget Balance between 2019 to 2029 in Relation to Gdp." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/348271/hungary-budget-balance-in-relation-to-gdp/
IMF, Hungary: Budget balance between 2019 to 2029 in relation to GDP Statista, https://www.statista.com/statistics/348271/hungary-budget-balance-in-relation-to-gdp/ (last visited December 19, 2024)
Hungary: Budget balance between 2019 to 2029 in relation to GDP [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/348271/hungary-budget-balance-in-relation-to-gdp/