Menu Close

Hungary’s Public Debt Went Down Last Year, But Remains High

Data published by Eurostat shows that Hungary’s public debt-to-GDP ratio went down by 2.8% over the course of last year, from 79.6% to 76.8%.

While Hungary’s debt-to-GDP ratio decreased last year, it remains one of the highest among countries in Central Europe. Czech Republic, Poland, and Romania all surpassed Hungary with ratios of 41.9%, 53.8%, and 48.8%, respectively. In the region, only Croatia’s ratio of 79.8% was higher than Hungary’s, writes Népszava.

Hungary’s GDP grew by 7.1% last year, according to the Central Statistical Office. [Népszava]


Afraid you'll miss out on Hungarian political news?

Sign up for our weekly newsletter!

By subscribing you agree to receive our newsletter and agree with our privacy policy.

Posted in Economy

Related Posts