Military spending in Hungary

Hungary: Military spending was 4.62 billion constant 2024 US$ in 2025. ▼ Falling

Latest (2025)
4.62 billion constant 2024 US$
Change on year
down 2.4%
World rank
53rd
of 162 countries
All-time high
5.54 billion constant 2024 US$
in 1985
All-time low
1.27 billion constant 2024 US$
in 1996
Years of data
54
1972–2025

Military spending in Hungary, 1972–2025

1.0B2.0B3.0B4.0B5.0B6.0B197219982025

Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.

Analysis

In 2025, military spending in Hungary stood at 4.62 billion constant 2024 US$.

That represents a change of down 2.4% on the previous year and up 223.5% over ten years.

Over the whole period, military spending in Hungary peaked at 5.54 billion constant 2024 US$ in 1985 and was at its lowest, 1.27 billion constant 2024 US$, in 1996.

That places Hungary 53rd out of 162 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 54 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.18 billion constant 2024 US$ 2.77 billion constant 2024 US$ 3.62 billion constant 2024 US$ 8
1980s 3.86 billion constant 2024 US$ 3.34 billion constant 2024 US$ 5.54 billion constant 2024 US$ 10
1990s 1.79 billion constant 2024 US$ 1.27 billion constant 2024 US$ 2.89 billion constant 2024 US$ 10
2000s 1.94 billion constant 2024 US$ 1.57 billion constant 2024 US$ 2.27 billion constant 2024 US$ 10
2010s 1.64 billion constant 2024 US$ 1.27 billion constant 2024 US$ 2.63 billion constant 2024 US$ 10
2020s 3.99 billion constant 2024 US$ 2.78 billion constant 2024 US$ 4.73 billion constant 2024 US$ 6

Countries ranked near Hungary

  1. 50 Chile 5.15 billion constant 2024 US$ compare
  2. 51 Azerbaijan 4.67 billion constant 2024 US$ compare
  3. 52 Myanmar 4.65 billion constant 2024 US$ compare
  4. 54 Malaysia 4.55 billion constant 2024 US$ compare
  5. 55 Argentina 3.73 billion constant 2024 US$ compare
  6. 56 Bangladesh 3.66 billion constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Hungary

All data for Hungary →

Frequently asked questions

What is military spending in Hungary?
Military spending in Hungary was 4.62 billion constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
What is the highest military spending recorded in Hungary?
The highest recorded value was 5.54 billion constant 2024 US$ in 1985.
What is the lowest military spending recorded in Hungary?
The lowest recorded value was 1.27 billion constant 2024 US$ in 1996.
How does Hungary rank for military spending?
Hungary ranks 53rd out of 162 countries with data for 2025.
Is military spending rising or falling in Hungary?
Over the last ten years it is up 223.5%. The long-run trend across the full record is falling.
Where does this Hungary data come from?
The figures come from Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
Last refreshed

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.