Domestic credit to private sector by banks in Hungary
Hungary: Domestic credit to private sector by banks was 32.1% in 2024. ▲ Rising
Domestic credit to private sector by banks in Hungary, 1982–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector by banks in Hungary is 32.1%, measured in 2024.
That represents a change of down 1.4% on the previous year and down 24.4% over ten years.
Over the whole period, domestic credit to private sector by banks in Hungary peaked at 60.3% in 2010 and was at its lowest, 15.1%, in 1982.
Hungary ranks 109th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 43 years of available data.
Domestic credit to private sector by banks in Hungary, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1982 | 15.1% | — |
| 1983 | 16.5% | +9.2% |
| 1984 | 17.6% | +6.6% |
| 1985 | 19.3% | +9.9% |
| 1986 | 21.2% | +9.5% |
| 1987 | 50.7% | +139.4% |
| 1988 | 44.5% | -12.2% |
| 1989 | 45.1% | +1.2% |
| 1990 | 44.6% | -1.1% |
| 1991 | 37.5% | -15.9% |
| 1992 | 31.9% | -14.8% |
| 1993 | 27.1% | -15.0% |
| 1994 | 25.3% | -6.6% |
| 1995 | 21.6% | -14.8% |
| 1996 | 21.3% | -1.4% |
| 1997 | 23.5% | +10.3% |
| 1998 | 23.3% | -0.5% |
| 1999 | 25.5% | +9.1% |
| 2000 | 31.8% | +25.1% |
| 2001 | 32.6% | +2.4% |
| 2002 | 34.3% | +5.3% |
| 2003 | 36.4% | +6.1% |
| 2004 | 38.9% | +6.7% |
| 2005 | 43.2% | +11.1% |
| 2006 | 47.2% | +9.3% |
| 2007 | 53.2% | +12.5% |
| 2008 | 59.3% | +11.6% |
| 2009 | 59.9% | +0.9% |
| 2010 | 60.3% | +0.7% |
| 2011 | 58.4% | -3.1% |
| 2012 | 50.4% | -13.7% |
| 2013 | 46.1% | -8.6% |
| 2014 | 42.5% | -7.8% |
| 2015 | 35.1% | -17.5% |
| 2016 | 33.3% | -5.1% |
| 2017 | 32.3% | -2.8% |
| 2018 | 32.2% | -0.4% |
| 2019 | 33.1% | +2.7% |
| 2020 | 37.3% | +12.8% |
| 2021 | 38.1% | +2.0% |
| 2022 | 35.7% | -6.2% |
| 2023 | 32.6% | -8.9% |
| 2024 | 32.1% | -1.4% |
Hungary compared with similar countries
- Hungary's 32.1% is below the median for high income countries, which is 64.3%, 50% of the median. (61 countries reporting)
- Hungary's 32.1% is below the median for Europe & Central Asia, which is 52.1%, 62% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Domestic credit to private sector by banks in Hungary changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +139.4% | 21.2% | 50.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 28.8% | 15.1% | 50.7% | 8 |
| 1990s | 28.2% | 21.3% | 44.6% | 10 |
| 2000s | 43.7% | 31.8% | 59.9% | 10 |
| 2010s | 42.4% | 32.2% | 60.3% | 10 |
| 2020s | 35.2% | 32.1% | 38.1% | 5 |
Countries ranked near Hungary
More financial sector data for Hungary
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 43.35 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 31.66 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 43.35 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in Hungary?
- Domestic credit to private sector by banks in Hungary was 32.1% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Hungary?
- The highest recorded value was 60.3% in 2010.
- What is the lowest domestic credit to private sector by banks recorded in Hungary?
- The lowest recorded value was 15.1% in 1982.
- How does Hungary rank for domestic credit to private sector by banks?
- Hungary ranks 109th out of 187 countries with data for 2024.
- Is domestic credit to private sector by banks rising or falling in Hungary?
- Over the last ten years it is down 24.4%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.