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Press release - General government deficit and debt - first notification of 2009 - 22nd April 2009.

In 2008 the general government deficit of Hungary amounted to HUF 905.3 billion, 3.4% of GDP according to the preliminary data of first estimation of national accounts. The government data were calculated on the legal grounds of the Excessive Deficit Procedure (EDP) in the methodological framework of the European System of Accounts (ESA95) and were reported to Eurostat.

 

According to the figures of the National Bank of Hungary, general government debt amounted to HUF 19 320.2 billion, 73.0% of GDP at the end of 2008.

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