Country comparison Hungary vs Euro zone

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Government budget deficit Hungary vs Euro zone comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q45,350Kchart10,655K2023Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€196,391Mchart€14,372,465M2023Annual GDP [+]
Annual GDP [+]2023$212,358Mchart$15,540,946M2023Annual GDP [+]
GDP per capita [+]2023€20,480chart€40,9902023GDP per capita [+]
GDP per capita [+]2023$22,121chart$45,3622023GDP per capita [+]
Quarterly GDP [+]2023Q4€51,361Mchart€3,650,362M2023Q4Quarterly GDP [+]
Debt (M.€.) [+]2022121,821chart8,600,9832012Debt (M.€.) [+]
Debt ($M) [+]2022131,970chart11,050,5432012Debt ($M) [+]
Debt (%GDP) [+]202273.90%chart90.60%2012Debt (%GDP) [+]
Debt Per Capita [+]2022€12,690chart€25,5862012Debt Per Capita [+]
Debt Per Capita [+]2022$13,747chart$32,8732012Debt Per Capita [+]
Deficit (M.€) [+]2022-10,545chart-352,6832012Deficit (M.€) [+]
Deficit ($M) [+]2022-11,239chart-453,1272012Deficit ($M) [+]
Deficit (%GDP) [+]2022-6.20%chart-3.70%2012Deficit (%GDP) [+]
Expenditure (M.€) [+]202282,472.8chart4,772,568.12013Expenditure (M.€) [+]
Expenditure ($M) [+]202286,131.7chart6,338,447.72013Expenditure ($M) [+]
Education Expenditure (M.€) [+]20186,289.6
Education Expenditure ($M) [+]20187,423.7
Education Expenditure (%Bud.) [+]201810.08%
Gov. Health Exp. (M.€) [+]20228,300,748,805.2
Gov. Health Exp.($M) [+]20197,095.3
Gov. Health Exp. (%Bud.) [+]201710.08%
Defence Expenditure (M.€) [+]20222,571.6chart206,966.12022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20222,746.5chart218,801.42022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20223.30%chart3.09%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202248.80%chart49.80%2013Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€8,591chart€14,3132013Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$8,972chart$18,7922013Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€644
Education Expenditure P.C [+]2018$759
Gov. Health Exp. P.C. [+]2022€857
Gov. Health Exp. P.C. [+]2019$726
Defence Expenditure P.C. [+]2022€266chart€6012022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$283chart$6392022Defence Expenditure P.C. [+]
Moody's Rating [+]09/01/2023Baa2
S&P Rating [+]01/27/2023BBB-
Fitch Rating [+]02/14/2020BBB
Corruption Index [+]202242
Competitiveness Ranking [+]201947º
Fragile States Index [+]201850.2
RTI Raking [+]202265º
Innovation Ranking [+]201833º
Labour
Unemployment Rate [+]February 20244.4%chart7.6%July 2021Unemployment Rate [+]
Unemployment rate [+]2023Q44.4%
Unemployed [+]2023Q4220K
NMW [+]2024$953.5
NMW [+]2024€697.0
Average Wage [+]2022$17,030
Average Wage [+]2022€16,172
Human Capital Ranking [+]201739º
Markets
Euro / Hungarian forints [+]04/18/2024393.9300
US Dollar exchange rate [+]01/18/2019279.8000chart0.936404/18/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]04/17/202450.97%chart9.20%04/18/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]March 20243.6%
HICP [+]March 20243.6%chart2.4%March 2024HICP [+]
PPI Year on Year [+]February 2024-5.9%
Money Market
Key rates [+]03/27/20248.25%chart4.50%09/20/2023Key rates [+]
Business
Doing Business [+]202052º
IPI Year on Year [+]February 20241.3%
Passengers vehicles Year [+]December 2022111,536
Annual Vehicles/ 1,000 p. [+]December 202214.12
Motor vehicle production [+]2022441,729
Vehicles / 1,000 people [+]2021478.15
Taxes
Tax Revenue (%GDP) [+]202234.9%
Standard VAT [+]01/01/201227.00%
Top tax rate + SSC [+]202233.5%
Trade
Annual arrivals [+]201916,937,000chart413,959,2002018Annual arrivals [+]
Exports [+]2023€148,764.9M
Exports [+]2023$160,859.5M
Exports % GDP [+]202375.75%
Imports [+]2023€144,214.9M
Imports [+]2023$155,939.6M
Imports % GDP [+]202373.43%
Trade balance [+]2023€4,550.1M
Trade balance [+]2023$4,919.9M
Trade balance % GDP [+]20232.32%
Retail Sales YoY [+]December 2023-10.1%
Socio-Demography
Global AgeWatch Ranking [+]201539º
Density [+]2022103chart1242019Density [+]
Global Peace Ranking [+]202318º
Crude divorce rate [+]20221.80‰
Remittance received ($M) [+]20174,692.2
% Immigrant [+]20206.01%
% Emigrant [+]20207.34%
Birth Rate [+]20229.30‰chart9.03‰2021Birth Rate [+]
Remittance sent ($M) [+]20171,093.1
Crude death rate [+]202214.20‰chart11.11‰2021Crude death rate [+]
Fertility Rate [+]20221.56chart1.512021Fertility Rate [+]
Crude marriage rate [+]20226.60‰
% risk of poverty [+]202212.1%chart17.0%2021% risk of poverty [+]
Population [+]20229,599,744chart342,597,6982019Population [+]
Immigrant stock [+]2020584,567
Emigrant stock [+]2020714,420
HDI [+]20210.846
Gender Gap Ranking [+]202399º
Life expectancy [+]202276.00chart81.592021Life expectancy [+]
Suicides [+]20211,561
Suicide rate [+]202116.00
Number of homicides [+]202294
Rate Homicides per 100.000 [+]20220.94
Energy and Environment
CO2 Tons per capita [+]20215.29
Annual crude oil production [+]202218
Crude Oil Reserves [+]202112.1
Consumption GWh [+]202143,914
Generation GWh [+]202134,191
Others
COVID-19 - Deaths [+]03/31/202449,049
COVID-19 - Confirmed [+]03/31/20242,230,293
Fully vaccinated [+]12/27/20226,207,249
COVID-19 - Deaths per million population [+]03/31/20245,109.41
Doses administered [+]12/04/202216,701,238
  • Capital: Brussels
  • Population: 342,597,698
  • Surface Area: 2,760,484 km2
  • Currency: Euros