The ratio of military expenditure to gross domestic product (GDP) in Hungary decreased by 0.2 percentage points (-11.9 percent) compared to the previous year. Nevertheless, the last two years recorded a significantly higher ratio than the preceding years. These figures refer to the total amount of money spent on a country's military, as a share of its gross domestic product (GDP). These figures apply to current expenditure on a country's armed forces, including peacekeeping forces and defense ministries, among others.
Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Czechia and Slovenia.
Hungary: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022
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World Bank. (September 19, 2024). Hungary: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/810417/ratio-of-military-expenditure-to-gross-domestic-product-gdp-hungary/
World Bank. "Hungary: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022." Chart. September 19, 2024. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/810417/ratio-of-military-expenditure-to-gross-domestic-product-gdp-hungary/
World Bank. (2024). Hungary: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022. Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/810417/ratio-of-military-expenditure-to-gross-domestic-product-gdp-hungary/
World Bank. "Hungary: Ratio of Military Spending to Gross Domestic Product (Gdp) from 2012 to 2022." Statista, Statista Inc., 19 Sep 2024, https://www.statista.com/statistics/810417/ratio-of-military-expenditure-to-gross-domestic-product-gdp-hungary/
World Bank, Hungary: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 Statista, https://www.statista.com/statistics/810417/ratio-of-military-expenditure-to-gross-domestic-product-gdp-hungary/ (last visited October 30, 2024)
Hungary: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph], World Bank, September 19, 2024. [Online]. Available: https://www.statista.com/statistics/810417/ratio-of-military-expenditure-to-gross-domestic-product-gdp-hungary/
