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Hungary Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

Hungary's government debt to gdp was 74.76% in 2025, ranked 44th globally. This represents a 1.8% increase from 2024. Data from IMF WEO, covering 1995–2025.

74.76% +1.31% (+1.8%)
Year 2025 Rank #44 Global Peak 83.87% (1995) Source IMF WEO

Hungary Government Debt to GDP (1995–2025)

Overview

Hungary's government debt to gdp stood at 74.76% in 2025, a rise of +1.31% from 2024. The IMF projects 74.76% by 2025. Hungary ranked 44th globally.

Hungary's government debt to GDP ratio has shown considerable fluctuation over the past three decades. The ratio peaked in 1995 at 83.87 percent, a level not seen in subsequent years. Conversely, the trough occurred in 2001 at 52.20 percent, a relatively low point compared to other countries with similar economic profiles. As of 2025, Hungary's debt to GDP ratio stands at 74.76 percent, ranking 44th globally. This is comparable to countries such as Guinea-Bissau, which has a slightly higher ratio of 76.17 percent. Hungary's trajectory has been on an upward trend since the mid-1990s, with a few exceptions. The government's efforts to manage debt through fiscal discipline and structural reforms will be critical in determining the country's future trajectory. If Hungary's government can maintain a stable fiscal policy and continue to implement structural reforms, it may be able to reduce its debt to GDP ratio and improve its ranking.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 78.83% - -
2029* IMF 78.19% - -
2028* IMF 77.35% - -
2027* IMF 76.31% - -
2026* IMF 75.46% - -
2025* IMF 74.76% - -
2025 74.76% +1.31% #44
2024 73.45% +0.49% #141
2023 72.97% −0.90% #130
2022 73.86% −2.35% #135
2021 76.22% −2.47% #135
2020 78.69% +13.70% #136
2019 64.99% −3.83% #134
2018 68.82% −3.19% #141
2017 72.00% −2.64% #148
2016 74.65% −1.08% #145
2015 75.72% −0.77% #157
2014 76.49% −0.73% #158
2013 77.22% −1.14% #159
2012 78.36% −2.10% #163
2011 80.47% +0.29% #164
Show all years (1995-2025)
* IMF World Economic Outlook projection

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 17.1% Rate 15.3% Gap -1.8pp Reserves YoY +10.9%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Hungary matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Hungary's government debt to gdp?▾

Hungary's government debt to gdp was 74.76% in 2025. Ranked 44th globally. This represents a 1.8% increase from the previous year.

What was the highest government debt to gdp in Hungary?▾

Hungary's government debt to gdp peaked at 83.87% in 1995.

What was the lowest government debt to gdp in Hungary?▾

The lowest government debt to gdp in Hungary was 52.21% in 2001.

How does Hungary rank in government debt to gdp?▾

Hungary ranks 44th globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?▾

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of Hungary in 2025?▾

Hungary's government debt to gdp is projected to reach 74.76% by 2025 based on IMF projection.

What is the government debt to gdp of Hungary in 2025?▾

The government debt to gdp of Hungary in 2025 was 74.76%. This ranks 44th in the world.

Cite this page

APA
Hungary Government Debt to GDP. HistorySaid. Retrieved October 28, 2026, from https://historysaid.com/hungary/government-debt-to-gdp/
BibTeX
@misc{historysaid_hungary_government-debt-to-gdp, title = {Hungary Government Debt to GDP}, url = {https://historysaid.com/hungary/government-debt-to-gdp/}, publisher = {HistorySaid}, year = {2026} }
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