The deficit of the general government sector was HUF 3,823 billion in 2020, 8.0% of GDP, 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 20,925 billion and its expenditure amounted to HUF 24,748 billion. Compared to 2019 revenues increased by 1.0%, expenditures by 13.9%.
The debt of the general government sector at the end of 2020 – based on data of the National Bank of Hungary – was HUF 38,418 billion, 80.1% of GDP. Deficit and debt data correspond with those issued in the first release Balance of general government sector, 1st half of 2021 and 2nd quarter of 2021 published on 1 October 2021.
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 (1995–2016)
Methodology for compilation of EDP notification
Main aggregates of general government sector according to national accounts (1995–2020)
Archive of publications
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