The deficit of the general government sector was HUF 3,938 billion, 7.1% of GDP in 2021 based on the second 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 22,753 billion and its expenditure HUF 26,691 billion. Compared to 2020 both revenues and expenditures increased by 7.9%.
The debt of the general government sector at the end of 2021 – based on data of the National Bank of Hungary – was HUF 42,352 billion, 76.8% of GDP. Deficit and debt data correspond with those issued in the First Release Balance of general government sector, 1st half of 2022 and 2nd quarter of 2022 published on 30 September 2022.
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 (1995–2017)
Methodology for compilation of EDP notification
Main aggregates of general government sector according to national accounts (1995–2021)
Archive of publications
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