Hungary - Budget Deficit 2022
-6.17%
+0.94% from 2021
Hungary's budget deficit was -6.17% in 2022, increased +0.94% from -7.11% in 2021. This was the 34th highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Macao SAR, China | -37.04% | -187.3% |
| 2nd | Timor-Leste | -29.47% | -46.3% |
| 3rd | Kiribati | -18.31% | -70.0% |
| 4th | Senegal | -16.13% | -18.0% |
| 5th | Ukraine | -15.60% | -292.8% |
| 6th | Tuvalu | -14.60% | -9.9% |
| 7th | Fiji | -12.28% | 13.7% |
| 8th | Ghana | -11.76% | 2.3% |
| 9th | Maldives | -11.16% | 21.3% |
| 10th | Burkina Faso | -10.89% | -46.2% |
| 11th | Burundi | -10.73% | -133.3% |
| 12th | Sri Lanka | -10.22% | 12.5% |
| 13th | St. Vincent and the Grenadines | -9.35% | -30.0% |
| 14th | Malawi | -9.32% | -11.7% |
| 15th | India | -8.97% | 5.1% |
| 16th | Togo | -8.34% | -79.1% |
| 17th | Italy | -8.11% | 8.7% |
| 18th | Pakistan | -7.84% | -29.7% |
| 19th | Zambia | -7.82% | 3.9% |
| 20th | Lebanon | -7.77% | -191.3% |
| 21st | China | -7.32% | -24.0% |
| 22nd | Dominica | -7.21% | 12.3% |
| 23rd | Bolivia, Plurinational State of | -7.12% | 23.7% |
| 24th | Bhutan | -6.95% | -20.7% |
| 25th | Tunisia | -6.91% | 9.1% |
| 26th | Jordan | -6.80% | 19.6% |
| 27th | Niger | -6.77% | -11.0% |
| 28th | Côte d'Ivoire | -6.74% | -38.7% |
| 29th | Hong Kong SAR, China | -6.58% | -73,155.6% |
| 30th | Vanuatu | -6.50% | -373.3% |
| 31st | Lesotho | -6.41% | -29.5% |
| 32nd | Colombia | -6.34% | 12.7% |
| 33rd | Namibia | -6.33% | 27.1% |
| 34th | Hungary | -6.17% | 13.2% |
| 35th | Kenya | -6.06% | 15.8% |
| 36th | Guinea-Bissau | -6.06% | -3.0% |
| 37th | Bahrain | -6.02% | 43.0% |
| 38th | Sierra Leone | -5.93% | -36.3% |
| 39th | Romania | -5.83% | 13.0% |
| 40th | Egypt, Arab Republic of | -5.75% | 17.4% |
| 41st | Rwanda | -5.74% | 18.1% |
| 42nd | Gambia, The | -5.72% | -19.9% |
| 43rd | Benin | -5.56% | 2.7% |
| 44th | Bahamas, The | -5.53% | 53.6% |
| 45th | Philippines | -5.48% | 12.1% |
| 46th | Madagascar | -5.46% | -93.1% |
| 47th | Uganda | -5.45% | 29.8% |
| 48th | Morocco | -5.37% | 9.4% |
| 49th | Liberia | -5.33% | -112.9% |
| 50th | Malta | -5.31% | 23.6% |
| 51st | Eswatini | -5.28% | -15.5% |
| 52nd | Papua New Guinea | -5.25% | 23.2% |
| 53rd | North Macedonia | -5.23% | 1.6% |
| 54th | Central African Republic | -5.23% | 9.9% |
| 55th | Mozambique | -5.22% | 0.3% |
| 56th | Guyana | -5.11% | 26.3% |
| 57th | Mali | -4.75% | 3.3% |
| 58th | France | -4.74% | 28.1% |
| 59th | Spain | -4.63% | 30.4% |
| 60th | Thailand | -4.61% | 31.7% |
| 61st | Malaysia | -4.56% | 24.4% |
| 62nd | United Kingdom | -4.56% | 41.0% |
| 63rd | Bangladesh | -4.53% | -27.4% |
| 64th | Mexico | -4.32% | -15.3% |
| 65th | Cabo Verde | -4.25% | 43.4% |
| 66th | South Africa | -4.25% | 23.3% |
| 67th | Japan | -4.22% | 31.2% |
| 68th | St. Kitts and Nevis | -4.16% | -176.9% |
| 69th | New Zealand | -4.16% | -18.8% |
| 70th | Montenegro | -4.07% | -136.6% |
| 71st | Nigeria | -4.00% | -0.9% |
| 72nd | Palau | -3.99% | 59.9% |
| 73rd | Panama | -3.98% | 38.5% |
| 74th | Brazil | -3.97% | -50.7% |
| 75th | Latvia | -3.94% | 31.0% |
| 76th | Comoros | -3.93% | -39.7% |
| 77th | Iceland | -3.93% | 52.8% |
| 78th | Tanzania | -3.92% | -10.4% |
| 79th | Argentina | -3.84% | 11.5% |
| 80th | United States | -3.72% | 67.5% |
| 81st | Uzbekistan | -3.65% | 10.9% |
| 82nd | Albania | -3.64% | 20.4% |
| 83rd | Belgium | -3.62% | 33.0% |
| 84th | Poland | -3.44% | -97.0% |
| 85th | Austria | -3.31% | 41.9% |
| 86th | Zimbabwe | -3.30% | -47.5% |
| 87th | Dominican Republic | -3.25% | -11.3% |
| 88th | Moldova | -3.24% | -23.8% |
| 89th | Mauritius | -3.15% | 23.0% |
| 90th | Nepal | -3.12% | 21.5% |
| 91st | Mauritania | -3.10% | -219.1% |
| 92nd | Czechia | -3.07% | 38.0% |
| 93rd | Slovenia | -3.02% | 34.6% |
| 94th | Algeria | -2.96% | 53.1% |
| 95th | Antigua and Barbuda | -2.84% | 37.1% |
| 96th | Myanmar | -2.82% | -14.0% |
| 97th | Costa Rica | -2.81% | 44.8% |
| 98th | Suriname | -2.69% | 52.5% |
| 99th | El Salvador | -2.68% | 51.5% |
| 100th | Iran, Islamic Republic of | -2.64% | 12.3% |
| 101st | Paraguay | -2.64% | 22.2% |
| 102nd | Uruguay | -2.52% | 3.6% |
| 103rd | Solomon Islands | -2.51% | -34.9% |
| 104th | Greece | -2.46% | 67.6% |
| 105th | Indonesia | -2.31% | 47.6% |
| 106th | São Tomé and Principe | -2.24% | -47.8% |
| 107th | Australia | -2.21% | 65.2% |
| 108th | Georgia | -2.20% | 63.2% |
| 109th | Yemen, Republic of | -2.15% | -141.7% |
| 110th | Sudan | -2.15% | -648.1% |
| 111th | Armenia | -2.11% | 53.9% |
| 112th | Belarus | -1.98% | -786.1% |
| 113th | Germany | -1.91% | 39.7% |
| 114th | Barbados | -1.90% | 56.2% |
| 115th | Guinea | -1.88% | -10.3% |
| 116th | Haiti | -1.75% | 28.5% |
| 117th | Guatemala | -1.70% | -45.9% |
| 118th | St. Lucia | -1.66% | 65.4% |
| 119th | Korea | -1.49% | -7,752.6% |
| 120th | Djibouti | -1.48% | 51.4% |
| 121st | Peru | -1.38% | 44.5% |
| 122nd | Russian Federation | -1.34% | -273.1% |
| 123rd | Slovak Republic | -1.16% | 77.3% |
| 124th | Cameroon | -1.11% | 63.0% |
| 125th | Türkiye | -1.10% | 63.2% |
| 126th | Estonia | -1.08% | 58.0% |
| 127th | Belize | -1.04% | 68.3% |
| 128th | Congo, Democratic Republic of | -1.01% | 40.1% |
| 129th | Afghanistan | -1.00% | -105.6% |
| 130th | West Bank and Gaza | -0.92% | 82.3% |
| 131st | Gabon | -0.89% | 53.8% |
| 132nd | Bulgaria | -0.80% | 71.4% |
| 133rd | Seychelles | -0.76% | 86.8% |
| 134th | Lithuania | -0.72% | 38.0% |
| 135th | Aruba | -0.51% | 94.9% |
| 136th | Portugal | -0.31% | 89.0% |
| 137th | Kyrgyz Republic | -0.29% | 58.4% |
| 138th | Cambodia | -0.29% | 94.3% |
| 139th | Tajikistan | -0.23% | 63.5% |
| 140th | Finland | -0.18% | 93.4% |
| 141st | Serbia | -0.14% | 95.5% |
| 142nd | Tonga | -0.10% | 88.4% |
| 143rd | Botswana | -0.01% | 99.7% |
| 144th | Netherlands | 0.00% | 100.1% |
| 145th | Somalia, Fed. Rep. | 0.02% | 102.7% |
| 146th | Ecuador | 0.04% | 102.8% |
| 147th | Lao PDR | 0.06% | 108.8% |
| 148th | Kazakhstan | 0.11% | 102.1% |
| 149th | Croatia | 0.12% | 104.7% |
| 150th | Bosnia and Herzegovina | 0.15% | 184.2% |
| 151st | Luxembourg | 0.18% | -81.6% |
| 152nd | Jamaica | 0.26% | -69.3% |
| 153rd | Israel | 0.32% | 109.5% |
| 154th | San Marino | 0.42% | 102.6% |
| 155th | Canada | 0.56% | 118.2% |
| 156th | Angola | 0.58% | -82.8% |
| 157th | Nicaragua | 0.65% | 151.5% |
| 158th | Viet Nam | 0.67% | 146.9% |
| 159th | Mongolia | 0.67% | 122.1% |
| 160th | Marshall Islands | 0.68% | 276.2% |
| 161st | Grenada | 0.93% | 184.7% |
| 162nd | Trinidad and Tobago | 0.96% | 111.4% |
| 163rd | Sweden | 1.00% | 773.2% |
| 164th | Switzerland | 1.19% | 512.1% |
| 165th | Singapore | 1.21% | 7.3% |
| 166th | Chile | 1.36% | 118.1% |
| 167th | Honduras | 1.57% | 149.6% |
| 168th | Ireland | 1.67% | 222.0% |
| 169th | Puerto Rico (US) | 1.79% | 796.1% |
| 170th | Saudi Arabia | 2.24% | 212.4% |
| 171st | Brunei Darussalam | 2.53% | 131.0% |
| 172nd | Cyprus | 2.65% | 261.4% |
| 173rd | Liechtenstein | 3.30% | 35.6% |
| 174th | Turkmenistan | 3.38% | 496.6% |
| 175th | Denmark | 3.39% | -17.8% |
| 176th | Chad | 3.79% | 392.9% |
| 177th | South Sudan | 4.48% | 148.2% |
| 178th | Andorra | 4.84% | 515.4% |
| 179th | Samoa | 5.03% | 193.5% |
| 180th | Azerbaijan | 5.96% | 41.8% |
| 181st | Iraq | 8.10% | 2,248.0% |
| 182nd | Congo, Republic of | 8.94% | 449.0% |
| 183rd | United Arab Emirates | 9.81% | 147.4% |
| 184th | Qatar | 10.39% | 4,175.7% |
| 185th | Oman | 10.53% | 431.9% |
| 186th | Equatorial Guinea | 11.68% | 340.4% |
| 187th | Micronesia, Federated States of | 17.43% | 292.3% |
| 188th | Libya | 23.60% | 59.1% |
| 189th | Nauru | 24.27% | -45.5% |
| 190th | Norway | 25.45% | 147.5% |
| 191st | Kuwait | 29.99% | 200.4% |
FAQ
What was Hungary's budget deficit in 2022?▾
Hungary's budget deficit in 2022 was -6.17%. This ranked 34th globally.
How did Hungary's budget deficit change in 2022?▾
Hungary's budget deficit increased by 13.2% in 2022 compared to 2021.
Which country had the highest budget deficit in 2022?▾
Kuwait had the highest budget deficit in 2022 at 29.99%.
What is the budget deficit of Hungary in 2022?▾
The budget deficit of Hungary in 2022 was -6.17%. This ranked 34th globally.
How does 2022 compare to 2021 for Hungary's budget deficit?▾
Hungary's budget deficit went from -7.11% in 2021 to -6.17% in 2022, a 13.2% increase.
HistorySaid - pattern alert
Hungary matched the Fiscal Dominance Trap pattern in 2022. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 3.7%. View full analysis →
Related
2021
2023
All years
Full ranking 2022
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 2016
Lowest: 2006
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
Highest ever
Lowest ever
Average
vs Barbados
vs Latvia
vs Croatia
vs Greece
European Union Budget Deficit
NATO Budget Deficit
OECD Budget Deficit
Global Ranking