Net public debt as a share of GDP reached 59.3 % in 2019 in Hungary, according to the National Statistical Office. This is 6.15 % less than in the previous year.
Historically, net public debt as a share of GDP in Hungary reached an all time high of 72.9 % in 2010 and an all time low of 58.1 % in 2005. When compared to Hungary's main peers, net public debt as a share of GDP in Austria amounted to 47.8 %, 18.3 % in Czech Republic and 39.5 % in Poland in 2019.
Hungary has been ranked 19th within the group of 86 countries we follow in terms of net public debt as a share of GDP, 11 places behind the position seen 10 years ago.
Public or government debt is the debt owed by state institutions (or central government).