Military spending, per unit of GDP in Hungary

Hungary: Military spending, per unit of GDP was 0.0193 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0.0193 constant 2022 US$ per US$ of GDP
Change on year
down 7.5%
World rank
69th
of 170 countries
All-time high
0.7205 constant 2022 US$ per US$ of GDP
in 1970
All-time low
0.0089 constant 2022 US$ per US$ of GDP
in 2014
Years of data
56
1968–2023

Military spending, per unit of GDP in Hungary, 1968–2023

00.20.40.60.8196819952023

Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.

Analysis

The most recent figure for military spending, per unit of gdp in Hungary is 0.0193 constant 2022 US$ per US$ of GDP, measured in 2023.

The figure is down 7.5% on the previous year and up 105.8% over ten years.

Over the whole period, military spending, per unit of gdp in Hungary peaked at 0.7205 constant 2022 US$ per US$ of GDP in 1970 and was at its lowest, 0.0089 constant 2022 US$ per US$ of GDP, in 2014.

Hungary ranks 69th of 170 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, per unit of GDP in Hungary, year by year

Annual values for Military spending, per unit of GDP in Hungary, 1968 to 2023.
Year constant 2022 US$ per US$ of GDP Change
1968 0.6716 constant 2022 US$ per US$ of GDP
1969 0.6778 constant 2022 US$ per US$ of GDP +0.9%
1970 0.7205 constant 2022 US$ per US$ of GDP +6.3%
1971 0.6927 constant 2022 US$ per US$ of GDP -3.9%
1972 0.5487 constant 2022 US$ per US$ of GDP -20.8%
1973 0.4314 constant 2022 US$ per US$ of GDP -21.4%
1974 0.3516 constant 2022 US$ per US$ of GDP -18.5%
1975 0.2833 constant 2022 US$ per US$ of GDP -19.4%
1976 0.256 constant 2022 US$ per US$ of GDP -9.7%
1977 0.2265 constant 2022 US$ per US$ of GDP -11.5%
1978 0.1964 constant 2022 US$ per US$ of GDP -13.3%
1979 0.1814 constant 2022 US$ per US$ of GDP -7.6%
1980 0.1553 constant 2022 US$ per US$ of GDP -14.4%
1981 0.1641 constant 2022 US$ per US$ of GDP +5.7%
1982 0.1726 constant 2022 US$ per US$ of GDP +5.2%
1983 0.2085 constant 2022 US$ per US$ of GDP +20.8%
1984 0.2139 constant 2022 US$ per US$ of GDP +2.6%
1985 0.2079 constant 2022 US$ per US$ of GDP -2.8%
1986 0.1997 constant 2022 US$ per US$ of GDP -4.0%
1987 0.1685 constant 2022 US$ per US$ of GDP -15.6%
1988 0.1407 constant 2022 US$ per US$ of GDP -16.5%
1989 0.1307 constant 2022 US$ per US$ of GDP -7.1%
1990 0.0714 constant 2022 US$ per US$ of GDP -45.4%
1991 0.0594 constant 2022 US$ per US$ of GDP -16.8%
1992 0.0471 constant 2022 US$ per US$ of GDP -20.7%
1993 0.0395 constant 2022 US$ per US$ of GDP -16.2%
1994 0.0311 constant 2022 US$ per US$ of GDP -21.1%
1995 0.0258 constant 2022 US$ per US$ of GDP -17.3%
1996 0.0234 constant 2022 US$ per US$ of GDP -9.2%
1997 0.0243 constant 2022 US$ per US$ of GDP +4.0%
1998 0.0231 constant 2022 US$ per US$ of GDP -4.9%
1999 0.0249 constant 2022 US$ per US$ of GDP +7.5%
2000 0.0275 constant 2022 US$ per US$ of GDP +10.4%
2001 0.0282 constant 2022 US$ per US$ of GDP +2.5%
2002 0.0252 constant 2022 US$ per US$ of GDP -10.6%
2003 0.023 constant 2022 US$ per US$ of GDP -8.5%
2004 0.0211 constant 2022 US$ per US$ of GDP -8.4%
2005 0.0176 constant 2022 US$ per US$ of GDP -16.4%
2006 0.017 constant 2022 US$ per US$ of GDP -3.7%
2007 0.0143 constant 2022 US$ per US$ of GDP -15.9%
2008 0.013 constant 2022 US$ per US$ of GDP -9.2%
2009 0.0138 constant 2022 US$ per US$ of GDP +6.2%
2010 0.0123 constant 2022 US$ per US$ of GDP -10.6%
2011 0.0107 constant 2022 US$ per US$ of GDP -12.9%
2012 0.011 constant 2022 US$ per US$ of GDP +1.9%
2013 0.0094 constant 2022 US$ per US$ of GDP -14.6%
2014 0.0089 constant 2022 US$ per US$ of GDP -4.7%
2015 0.01 constant 2022 US$ per US$ of GDP +11.7%
2016 0.01 constant 2022 US$ per US$ of GDP +0.9%
2017 0.0123 constant 2022 US$ per US$ of GDP +22.9%
2018 0.0133 constant 2022 US$ per US$ of GDP +7.3%
2019 0.016 constant 2022 US$ per US$ of GDP +21.1%
2020 0.0194 constant 2022 US$ per US$ of GDP +20.9%
2021 0.0176 constant 2022 US$ per US$ of GDP -9.5%
2022 0.0208 constant 2022 US$ per US$ of GDP +18.6%
2023 0.0193 constant 2022 US$ per US$ of GDP -7.5%

Hungary compared with similar countries

  • Hungary's 0.0193 constant 2022 US$ per US$ of GDP is above the median for high income countries, which is 0.0189 constant 2022 US$ per US$ of GDP, 1.0× the median. (55 countries reporting)
  • Hungary's 0.0193 constant 2022 US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.0185 constant 2022 US$ per US$ of GDP, 1.0× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.6747 constant 2022 US$ per US$ of GDP 0.6716 constant 2022 US$ per US$ of GDP 0.6778 constant 2022 US$ per US$ of GDP 2
1970s 0.3889 constant 2022 US$ per US$ of GDP 0.1814 constant 2022 US$ per US$ of GDP 0.7205 constant 2022 US$ per US$ of GDP 10
1980s 0.1762 constant 2022 US$ per US$ of GDP 0.1307 constant 2022 US$ per US$ of GDP 0.2139 constant 2022 US$ per US$ of GDP 10
1990s 0.037 constant 2022 US$ per US$ of GDP 0.0231 constant 2022 US$ per US$ of GDP 0.0714 constant 2022 US$ per US$ of GDP 10
2000s 0.0201 constant 2022 US$ per US$ of GDP 0.013 constant 2022 US$ per US$ of GDP 0.0282 constant 2022 US$ per US$ of GDP 10
2010s 0.0114 constant 2022 US$ per US$ of GDP 0.0089 constant 2022 US$ per US$ of GDP 0.016 constant 2022 US$ per US$ of GDP 10
2020s 0.0193 constant 2022 US$ per US$ of GDP 0.0176 constant 2022 US$ per US$ of GDP 0.0208 constant 2022 US$ per US$ of GDP 4

Countries ranked near Hungary

  1. 66 Denmark 0.0198 constant 2022 US$ per US$ of GDP compare
  2. 67 Bulgaria 0.0195 constant 2022 US$ per US$ of GDP compare
  3. 68 Vietnam 0.0195 constant 2022 US$ per US$ of GDP compare
  4. 70 China 0.0191 constant 2022 US$ per US$ of GDP compare
  5. 71 Cyprus 0.0189 constant 2022 US$ per US$ of GDP compare
  6. 72 Chile 0.0188 constant 2022 US$ per US$ of GDP compare

See the full ranking of 170 places →

More reference data data for Hungary

All data for Hungary →

Frequently asked questions

What is military spending, per unit of gdp in Hungary?
Military spending, per unit of gdp in Hungary was 0.0193 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Hungary?
The highest recorded value was 0.7205 constant 2022 US$ per US$ of GDP in 1970.
What is the lowest military spending, per unit of gdp recorded in Hungary?
The lowest recorded value was 0.0089 constant 2022 US$ per US$ of GDP in 2014.
How does Hungary rank for military spending, per unit of gdp?
Hungary ranks 69th out of 170 countries with data for 2023.
Is military spending, per unit of gdp rising or falling in Hungary?
Over the last ten years it is up 105.8%. The long-run trend across the full record is volatile.
Where does this Hungary data come from?
The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.

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Military spending, per unit of GDP in Hungary. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/hungary/

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How this figure is calculated

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.