Military spending per armed forces personnel in Hungary

Hungary: Military spending per armed forces personnel was 74,138 constant 2024 US$ in 2020. ▲ Rising

Latest (2020)
74,138 constant 2024 US$
Change on year
up 12.7%
World rank
40th
of 160 countries
All-time high
74,138 constant 2024 US$
in 2020
All-time low
16,213 constant 2024 US$
in 1996
Years of data
33
1985–2020

Military spending per armed forces personnel in Hungary, 1985–2020

20.0k40.0k60.0k80.0k1985200220201985: 52.3k constant 2024 US$1989: 30.6k constant 2024 US$1990: 30.7k constant 2024 US$1991: 24.9k constant 2024 US$1992: 26.9k constant 2024 US$1993: 27.8k constant 2024 US$1994: 29.8k constant 2024 US$1995: 18.4k constant 2024 US$1996: 16.2k constant 2024 US$1997: 21.0k constant 2024 US$1998: 19.7k constant 2024 US$1999: 24.5k constant 2024 US$2000: 30.4k constant 2024 US$2001: 40.3k constant 2024 US$2002: 44.4k constant 2024 US$2003: 47.9k constant 2024 US$2004: 45.7k constant 2024 US$2005: 47.3k constant 2024 US$2006: 42.4k constant 2024 US$2007: 51.4k constant 2024 US$2008: 47.7k constant 2024 US$2009: 37.8k constant 2024 US$2010: 40.8k constant 2024 US$2011: 37.2k constant 2024 US$2012: 35.4k constant 2024 US$2013: 33.5k constant 2024 US$2014: 33.0k constant 2024 US$2015: 37.1k constant 2024 US$2016: 41.0k constant 2024 US$2017: 51.5k constant 2024 US$2018: 46.9k constant 2024 US$2019: 65.8k constant 2024 US$2020: 74.1k constant 2024 US$

Source: Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.

Analysis

The most recent figure for military spending per armed forces personnel in Hungary is 74,138 constant 2024 US$, measured in 2020. That is the highest value across all 33 years on record.

Compared with earlier readings it is up 12.7% on the previous year and up 81.5% over ten years.

Over the whole period, military spending per armed forces personnel in Hungary peaked at 74,138 constant 2024 US$ in 2020 and was at its lowest, 16,213 constant 2024 US$, in 1996.

That places Hungary 40th out of 160 countries with data for 2020, putting it in the top quarter.

The long-run direction has been consistently rising across the 33 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 41,451 constant 2024 US$ 30,633 constant 2024 US$ 52,269 constant 2024 US$ 2
1990s 23,992 constant 2024 US$ 16,213 constant 2024 US$ 30,732 constant 2024 US$ 10
2000s 43,551 constant 2024 US$ 30,367 constant 2024 US$ 51,377 constant 2024 US$ 10
2010s 42,216 constant 2024 US$ 32,981 constant 2024 US$ 65,794 constant 2024 US$ 10
2020s 74,138 constant 2024 US$ 74,138 constant 2024 US$ 74,138 constant 2024 US$ 1

Countries ranked near Hungary

  1. 37 Slovenia 94,703 constant 2024 US$ compare
  2. 38 South Korea 80,076 constant 2024 US$ compare
  3. 39 Bahrain 76,910 constant 2024 US$ compare
  4. 41 Portugal 70,125 constant 2024 US$ compare
  5. 42 Uruguay 67,573 constant 2024 US$ compare
  6. 43 Botswana 60,449 constant 2024 US$ compare

See the full ranking of 160 places →

More reference data data for Hungary

All data for Hungary →

Frequently asked questions

What is military spending per armed forces personnel in Hungary?
Military spending per armed forces personnel in Hungary was 74,138 constant 2024 US$ in 2020, according to Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data.
What is the highest military spending per armed forces personnel recorded in Hungary?
The highest recorded value was 74,138 constant 2024 US$ in 2020.
What is the lowest military spending per armed forces personnel recorded in Hungary?
The lowest recorded value was 16,213 constant 2024 US$ in 1996.
How does Hungary rank for military spending per armed forces personnel?
Hungary ranks 40th out of 160 countries with data for 2020.
Is military spending per armed forces personnel rising or falling in Hungary?
Over the last ten years it is up 81.5%. The long-run trend across the full record is rising.
Where does this Hungary data come from?
The figures come from Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.

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About this data

Indicator
Military spending per armed forces personnel
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
160 places, 4,610 data points, 1985–2020
Last refreshed

Total military expenditure divided by armed forces personnel. 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.