Hungary HU: Military Expenditure

1960 - 2016 | Yearly | HUF mn | World Bank

Hungary HU: Military Expenditure data was reported at 389,483.000 HUF mn in 2017. This records an increase from the previous number of 362,798.000 HUF mn for 2016. Hungary HU: Military Expenditure data is updated yearly, averaging 51,600.000 HUF mn from Dec 1960 to 2017, with 58 observations. The data reached an all-time high of 389,483.000 HUF mn in 2017 and a record low of 4,220.000 HUF mn in 1960. Hungary HU: Military Expenditure 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.; ; Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

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Hungary Hungary HU: Military Expenditure
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Hungary Hungary HU: Military Expenditure

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

Last Previous Min Max Unit Frequency Range
353,097.00 2016 315,928.00 2015 4,220.00 1960 353,097.00 2016 HUF mn yearly 1960 - 2016

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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) 15,853.095 Dec 2023 quarterly Mar 1995 - Dec 2023
Gross National Product (GNP) (USD mn) 173,291.314 2022 yearly 1993 - 2022
Gross Savings Rate (%) 35.0 Dec 2023 quarterly Mar 1995 - Dec 2023
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 (%) 13.247 Dec 2023 quarterly Mar 1996 - Dec 2023
Private Consumption Expenditure (USD mn) 27,572.868 Dec 2023 quarterly Mar 1995 - Dec 2023
Private Consumption: % of GDP (%) 50.3 Dec 2022 quarterly Mar 1995 - Dec 2022
Public Consumption Expenditure (USD mn) 11,501.475 Dec 2023 quarterly Mar 1995 - Dec 2023
Public Consumption: % of GDP (%) 19.1 Dec 2023 quarterly Mar 1995 - Dec 2023
Real GDP Growth (%) 0.8 Dec 2022 quarterly Mar 1996 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 133.205 Dec 2023 quarterly Mar 1995 - Dec 2023
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 (%) 24.3 Feb 2024 monthly Jan 2005 - Feb 2024
Construction and Properties Last Frequency Range
Building Permits (Unit) 990.000 Feb 2024 monthly Jan 2002 - Feb 2024
Nominal Residential Property Price Index (2010=100) 284.921 Dec 2023 quarterly Mar 2000 - Dec 2023
Nominal Residential Property Price Index Growth (%) 3.570 Dec 2023 quarterly Mar 2000 - Dec 2023
Real Residential Property Price Index (2010=100) 159.114 Dec 2023 quarterly Mar 2000 - Dec 2023
Real Residential Property Price Index Growth (%) -3.862 Dec 2023 quarterly Mar 2000 - Dec 2023
House Prices Growth (%) 3.3 Dec 2023 quarterly Mar 2008 - Dec 2023
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.7 Dec 2023 quarterly Dec 1999 - Dec 2023
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 (%) 69.5 Dec 2023 quarterly Dec 1990 - Dec 2023
National Government Debt (USD mn) 150,420.3 Dec 2023 quarterly Dec 1989 - Dec 2023
Tax Revenue (USD mn) 14,191.684 Dec 2023 quarterly Mar 1999 - Dec 2023
Consolidated Fiscal Balance (USD mn) -5,830.007 Dec 2023 quarterly Mar 1999 - Dec 2023
Tax Revenue: % of GDP (%) 23.6 Dec 2023 quarterly Mar 1999 - Dec 2023

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