Domestic credit to private sector in Hungary
Hungary: Domestic credit to private sector was 38.0% in 2020. ▲ Rising
Domestic credit to private sector in Hungary, 1991–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Hungary is 38.0%, measured in 2020.
That represents a change of up 13.7% on the previous year and down 36.8% over ten years.
Over the whole period, domestic credit to private sector in Hungary peaked at 60.2% in 2010 and was at its lowest, 21.4%, in 1996.
That places Hungary 110th out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Domestic credit to private sector in Hungary, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1991 | 37.7% | — |
| 1992 | 32.1% | -14.7% |
| 1993 | 27.3% | -15.0% |
| 1994 | 25.5% | -6.7% |
| 1995 | 21.7% | -14.9% |
| 1996 | 21.4% | -1.6% |
| 1997 | 23.5% | +10.1% |
| 1998 | 23.4% | -0.6% |
| 1999 | 25.5% | +9.1% |
| 2000 | 31.9% | +25.0% |
| 2001 | 32.6% | +2.4% |
| 2002 | 34.4% | +5.3% |
| 2003 | 36.5% | +6.1% |
| 2004 | 38.9% | +6.7% |
| 2005 | 43.2% | +11.1% |
| 2006 | 47.2% | +9.3% |
| 2007 | 53.2% | +12.6% |
| 2008 | 59.3% | +11.6% |
| 2009 | 59.8% | +0.8% |
| 2010 | 60.2% | +0.7% |
| 2011 | 58.3% | -3.1% |
| 2012 | 50.3% | -13.8% |
| 2013 | 46.1% | -8.4% |
| 2014 | 42.5% | -7.6% |
| 2015 | 35.1% | -17.5% |
| 2016 | 33.4% | -4.8% |
| 2017 | 32.4% | -2.9% |
| 2018 | 32.4% | -0.2% |
| 2019 | 33.5% | +3.3% |
| 2020 | 38.0% | +13.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.5% | 21.4% | 37.7% | 9 |
| 2000s | 43.7% | 31.9% | 59.8% | 10 |
| 2010s | 42.4% | 32.4% | 60.2% | 10 |
| 2020s | 38.0% | 38.0% | 38.0% | 1 |
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 in Hungary?
- Domestic credit to private sector in Hungary was 38.0% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Hungary?
- The highest recorded value was 60.2% in 2010.
- What is the lowest domestic credit to private sector recorded in Hungary?
- The lowest recorded value was 21.4% in 1996.
- How does Hungary rank for domestic credit to private sector?
- Hungary ranks 110th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Hungary?
- Over the last ten years it is down 36.8%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, 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.