Hungary HU: Military Expenditure: % of GDP

1991 - 2016 | Yearly | % | World Bank

Hungary HU: Military Expenditure: % of GDP data was reported at 1.055 % in 2017. This records an increase from the previous number of 1.036 % for 2016. Hungary HU: Military Expenditure: % of GDP data is updated yearly, averaging 1.865 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 4.972 % in 1985 and a record low of 0.874 % in 2014. Hungary HU: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hungary – Table HU.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

View Hungary's Hungary HU: Military Expenditure: % of GDP from 1991 to 2016 in the chart:

Hungary Hungary HU: Military Expenditure: % of GDP

What was Hungary's Hungary HU: Military Expenditure: % of GDP in 2016?

Last Previous Min Max Unit Frequency Range
1.00 2016 0.92 2015 0.86 2014 2.10 1992 % yearly 1991 - 2016

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Hungary Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 54,081.390 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 23,785.429 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 3.150 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 17.6 Dec 2022 quarterly Mar 1996 - Dec 2022
GDP per Capita (USD) 18,719.000 2021 yearly 1991 - 2021
Gross Fixed Capital Formation (USD mn) 13,358.975 Jun 2024 quarterly Mar 1995 - Jun 2024
Gross National Product (GNP) (USD mn) 206,408.038 2023 yearly 1968 - 2023
Gross Savings Rate (%) 30.0 Jun 2024 quarterly Mar 1995 - Jun 2024
Investment: % of GDP (%) 17.4 Mar 2023 quarterly Mar 1995 - Mar 2023
Nominal GDP (USD mn) 42,734.0 Mar 2023 quarterly Mar 1995 - Mar 2023
Nominal GDP Growth (%) 9.878 Jun 2024 quarterly Mar 1996 - Jun 2024
Private Consumption Expenditure (USD mn) 27,887.902 Jun 2024 quarterly Mar 1995 - Jun 2024
Private Consumption: % of GDP (%) 50.3 Dec 2022 quarterly Mar 1995 - Dec 2022
Public Consumption Expenditure (USD mn) 11,527.336 Jun 2024 quarterly Mar 1995 - Jun 2024
Public Consumption: % of GDP (%) 20.5 Jun 2024 quarterly Mar 1995 - Jun 2024
Real GDP Growth (%) 0.8 Dec 2022 quarterly Mar 1996 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 141.249 Jun 2024 quarterly Mar 1995 - Jun 2024
Production Last Frequency Range
Gold Production (kg) 600.000 1990 yearly 1990 - 1990
Industrial Production Index Growth (%) -4.6 May 2023 monthly Jan 1986 - May 2023
Minerals Production (Metric Ton) 7,370,640.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 507,225.000 2023 yearly 1997 - 2023
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) -2.7 Jul 2024 monthly Jan 2005 - Jul 2024
Construction and Properties Last Frequency Range
Building Permits (Unit) 1,268.000 Jul 2024 monthly Jan 2002 - Jul 2024
Nominal Residential Property Price Index (2010=100) 310.328 Mar 2024 quarterly Mar 2000 - Mar 2024
Nominal Residential Property Price Index Growth (%) 9.081 Mar 2024 quarterly Mar 2000 - Mar 2024
Real Residential Property Price Index (2010=100) 171.316 Mar 2024 quarterly Mar 2000 - Mar 2024
Real Residential Property Price Index Growth (%) 5.197 Mar 2024 quarterly Mar 2000 - Mar 2024
House Prices Growth (%) 9.1 Mar 2024 quarterly Mar 2008 - Mar 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.7 Mar 2024 quarterly Dec 1999 - Mar 2024
Forecast: Government Expenditure (HUF bn) 45,892.500 2028 yearly 1995 - 2028
Forecast: Government Net Debt (HUF bn) 73,839.219 2029 yearly 1995 - 2029
Forecast: Government Revenue (HUF bn) 44,359.370 2028 yearly 1995 - 2028
Government Debt: % of GDP (%) 76.1 Jun 2024 quarterly Dec 1990 - Jun 2024
National Government Debt (USD mn) 161,214.3 Jun 2024 quarterly Dec 1989 - Jun 2024
Tax Revenue (USD mn) 12,868.224 Mar 2024 quarterly Mar 1999 - Mar 2024
Consolidated Fiscal Balance (USD mn) -2,983.604 Mar 2024 quarterly Mar 1999 - Mar 2024
Tax Revenue: % of GDP (%) 26.8 Mar 2024 quarterly Mar 1999 - Mar 2024

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