Notification of balance and debt of the general government sector (first EDP notification in 2023)

The deficit of the general government sector in Hungary, in 2022, was HUF 4,159 billion, 6.2% of the GDP based on preliminary data of national accounts. According to data produced in compliance with the methodological requirements of the system of national accounts (ESA 2010) the revenue of the general government sector was HUF 27,715 billion and its expenditure HUF 31,874 billion. Compared to 2021 revenues increased by 21.8% and expenditures by 19.3%.

The debt of the general government sector at the end of 2022 – based on data of the National Bank of Hungary – was HUF 48,837 billion, 73.3% of the GDP. Deficit and debt data correspond with those issued in the First Release: Balance of general government sector, year 2022 and 4th quarter of 2022, published on 4 April 2023.

Figure 1
Balance of general government sector as a percentage of GDP in Hungary
Figure 2
Debt of general government sector as a percentage of GDP in Hungary

HCSO reported the data to Eurostat, the Statistical Office of the EU, in compliance with the Regulation on the excessive deficit procedure (EDP), according to the methodological requirements of the European System of Accounts (ESA 2010).

Further data, information

EDP notification of Hungary
Press release issued by Eurostat
Historical EDP data for Hungary (1995–2018)
Methodology for compilation of EDP notification

Main aggregates of general government sector according to national accounts (1995–2022)
Archive of publications

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