Bank assets as a share of GDP reached 102 % in 2017 in Hungary, according to the National Central Bank. This is 3.55 % less than in the previous year.
Historically, bank assets as a share of GDP in Hungary reached an all time high of 134 % in 2011 and an all time low of 60.9 % in 1996. When compared to Hungary's main peers, bank assets as a share of GDP in Austria amounted to 222 %, 140 % in Czech Republic, 89.9 % in Poland and 89.2 % in Slovakia in 2017.
Hungary has been ranked 48th within the group of 119 countries we follow in terms of bank assets as a share of GDP, 8 places behind the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.