ForecastEconomy

General government expenditure by function (COFOG) in Hungary, 2024

General government expenditure by function (COFOG) in 2024: Annual value — 47.1 % of GDP. Comparison with the previous year and position in the series history. Official data — Eurostat.

General government expenditure by function (COFOG) in 2024 — neighbouring years chart, Annual value 47.1 % of GDP, source Eurostat
General government expenditure by function (COFOG) in 2024 — value in the context of neighbouring years. Source: Eurostat. forecasteconomy.com

General government expenditure by function (COFOG) in 2024

  • Value: 47.1 % of GDP
  • Change vs 2023: −2.4 % of GDP (−4.85 %)
  • Position in history: below the 30-year average (average — 49.2033 % of GDP)
  • Series maximum — 55 % of GDP in 1995 (29 years ago)
  • Series minimum — 45.8 % of GDP in 2019 (5 years ago)
  • Value date: 1 January 2024
  • Source: Eurostat

Dynamics over neighbouring years

YearValue, % of GDP
201550.4
201646.7
201746.6
201845.9
201945.8
202051
202148.1
202249
202349.5
202447.1

Full history and interactive chart

Complete series for Hungary — on the General government expenditure by function (COFOG) page.

Other years

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