• Home
• Channel: Finance
• Hungary State Debt 73.9% Of GDP At End-Q1

Hungary State Debt 73.9% Of GDP At End-Q1

• 3 Jul 2018 9:28 AM
• Hungary Matters

Hungary’s state debt as a percentage of GDP reached 73.9% at the end of the first quarter, a second reading of data released by the central bank show.

The Q1 ratio, which includes Eximbank, is slightly down from a preliminary 74.2% reported on May 17. The debt ratio was up from 73.6% at the end of the last quarter in 2017 but down from 76.2% twelve months earlier.

Net general government financing requirement, which is a good approximation of the general government deficit, was 969 billion forints (EUR 2.94bn) in the four quarters to the end of Q1, equivalent to 2.5% of GDP, the central bank said.

The net financing requirement was revised up by 30 billion forints, or by 0.1 percentage point of GDP, from the first reading.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• GDP State Debt

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports

Updated: Why has Gov't Deficit Widened to Over HUF 1.7 Billion in Hungary?

• 27 Mar 2025 6:18 AM

Hungary's cash flow-based general government deficit reached HUF 1,722.8bn at the end of February, the National Economy Ministry confirmed in a detailed release of data.



Huge Influx into State Bonds Last Week in Hungary

• 4 Mar 2025 2:25 PM

Last week, an astonishing amount of Ft 370 billion flowed into retail government securities, according to data from the state debt manager ÁKK.



Updated: First Place in EU: Over 1 Million Hungarians Have Govt Securities on Treasury Accounts

• 27 Dec 2024 11:39 AM

Over 1 million Hungarians have government securities on Treasury accounts, Finance Minister Mihaly Varga said in a video message posted on social media.



Fitch Revises Outlook in Hungary from Negative to Stable

• 9 Dec 2024 2:48 PM

Fitch Ratings affirmed Hungary's investment-grade sovereign rating and revised the outlook to stable from negative on Friday, the National Economy Ministry said in a statement.