Hungary - Revenue, excluding grants (% of GDP)

Revenue, excluding grants (% of GDP) in Hungary was 37.60 as of 2019. Its highest value over the past 28 years was 47.08 in 1991, while its lowest value was 34.75 in 2005.

Definition: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1991 47.08
1992 45.15
1993 45.88
1994 45.54
1995 41.45
1996 41.37
1997 38.41
1998 37.45
1999 37.58
2000 38.03
2001 36.78
2002 35.86
2003 35.38
2004 35.16
2005 34.75
2006 35.17
2007 37.69
2008 39.86
2009 39.67
2010 37.96
2011 37.26
2012 40.33
2013 40.13
2014 40.05
2015 40.21
2016 40.60
2017 39.50
2018 38.15
2019 37.60

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance