Public Debt Ratio in Hungary Falls Slightly to 72.9% at End 2022
- 21 Feb 2023 11:10 AM
- Hungary Matters
![Public Debt Ratio in Hungary Falls Slightly to 72.9% at End 2022 Public Debt Ratio in Hungary Falls Slightly to 72.9% at End 2022](/binaries/content/gallery/2018-photos/shopping/09/percent-997401_960_720.jpg/percent-997401_960_720.jpg/xpatloop%3Achannelslarge)
The ratio dropped from 75.2% at the end of Q3 and from 76.8% at the end of 2021.
Hungary’s constitution stipulates that year-end public debt relative to GDP must decline until the ratio reaches 50%.
In absolute terms, Hungary gross public debt stood at 48,840 billion forints at the end of last year, up from 42,321 billion at the end of 2021.
LATEST NEWS IN finance