Military spending in Hungary
Hungary: Military spending was 4.10 billion constant 2022 US$ in 2023. ◆ Volatile
Military spending in Hungary, 1918–2023
Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
Hungary recorded 4.10 billion constant 2022 US$ for military spending in 2023.
That represents a change of up 11.3% on the previous year and up 223.3% over ten years.
Over the whole period, military spending in Hungary peaked at 4.95 billion constant 2022 US$ in 1986 and was at its lowest, 33.13 million constant 2022 US$, in 1918.
That places Hungary 55th out of 172 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1910s | 78.85 million constant 2022 US$ | 33.13 million constant 2022 US$ | 124.56 million constant 2022 US$ | 2 |
| 1920s | 236.06 million constant 2022 US$ | 112.88 million constant 2022 US$ | 283.43 million constant 2022 US$ | 10 |
| 1930s | 482.46 million constant 2022 US$ | 276.12 million constant 2022 US$ | 812.80 million constant 2022 US$ | 10 |
| 1940s | 1.91 billion constant 2022 US$ | 842.50 million constant 2022 US$ | 3.66 billion constant 2022 US$ | 10 |
| 1950s | 1.27 billion constant 2022 US$ | 1.11 billion constant 2022 US$ | 1.48 billion constant 2022 US$ | 10 |
| 1960s | 2.75 billion constant 2022 US$ | 1.29 billion constant 2022 US$ | 3.68 billion constant 2022 US$ | 10 |
| 1970s | 3.70 billion constant 2022 US$ | 3.24 billion constant 2022 US$ | 4.36 billion constant 2022 US$ | 10 |
| 1980s | 4.29 billion constant 2022 US$ | 3.59 billion constant 2022 US$ | 4.95 billion constant 2022 US$ | 10 |
| 1990s | 1.51 billion constant 2022 US$ | 1.10 billion constant 2022 US$ | 2.46 billion constant 2022 US$ | 10 |
| 2000s | 1.85 billion constant 2022 US$ | 1.30 billion constant 2022 US$ | 2.20 billion constant 2022 US$ | 10 |
| 2010s | 1.62 billion constant 2022 US$ | 1.25 billion constant 2022 US$ | 2.65 billion constant 2022 US$ | 10 |
| 2020s | 3.52 billion constant 2022 US$ | 3.07 billion constant 2022 US$ | 4.10 billion constant 2022 US$ | 4 |
Countries ranked near Hungary
- 52 Portugal 4.74 billion constant 2022 US$ compare
- 53 Malaysia 4.68 billion constant 2022 US$ compare
- 54 Argentina 4.45 billion constant 2022 US$ compare
- 56 Nigeria 4.07 billion constant 2022 US$ compare
- 57 Azerbaijan 3.76 billion constant 2022 US$ compare
- 58 South Africa 3.63 billion constant 2022 US$ compare
More reference data data for Hungary
- Spring temperature anomalies 2.17 °C (2026)
- Summer temperature anomalies 2.35 °C (2026)
- Temperature anomalies by month -1.61 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 1.85 °C (2025)
- Winter temperature anomalies 2.21 °C (2025)
- Consumer price index 192.02 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military spending in Hungary?
- Military spending in Hungary was 4.10 billion constant 2022 US$ in 2023, according to Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Hungary?
- The highest recorded value was 4.95 billion constant 2022 US$ in 1986.
- What is the lowest military spending recorded in Hungary?
- The lowest recorded value was 33.13 million constant 2022 US$ in 1918.
- How does Hungary rank for military spending?
- Hungary ranks 55th out of 172 countries with data for 2023.
- Is military spending rising or falling in Hungary?
- Over the last ten years it is up 223.3%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
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About this data
This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.