The ratio of military expenditure to gross domestic product (GDP) in Hungary decreased by 0.2 percentage points (-11.9 percent) since the previous year. Nevertheless, the last two years recorded a significant higher ratio than the preceding years. These figures refer to the total amount of money spent on a country's military, as a share of its gross domestic product (GDP). These figures apply to current expenditure on a country's armed forces, including peacekeeping forces and defense ministries, among others.
Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Czech Republic and Slovenia.
Hungary: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022
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World Bank. (June 28, 2024). Hungary: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/810417/ratio-of-military-expenditure-to-gross-domestic-product-gdp-hungary/
World Bank. "Hungary: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022." Chart. June 28, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/810417/ratio-of-military-expenditure-to-gross-domestic-product-gdp-hungary/
World Bank. (2024). Hungary: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/810417/ratio-of-military-expenditure-to-gross-domestic-product-gdp-hungary/
World Bank. "Hungary: Ratio of Military Spending to Gross Domestic Product (Gdp) from 2012 to 2022." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/statistics/810417/ratio-of-military-expenditure-to-gross-domestic-product-gdp-hungary/
World Bank, Hungary: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 Statista, https://www.statista.com/statistics/810417/ratio-of-military-expenditure-to-gross-domestic-product-gdp-hungary/ (last visited August 25, 2024)
Hungary: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph], World Bank, June 28, 2024. [Online]. Available: https://www.statista.com/statistics/810417/ratio-of-military-expenditure-to-gross-domestic-product-gdp-hungary/