Monetary Sector credit to private sector (% GDP) in Hungary
Hungary: Monetary Sector credit to private sector (% GDP) was 32.4% in 2024. ▼ Falling
Monetary Sector credit to private sector in Hungary, 1982–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for monetary sector credit to private sector in Hungary is 32.4%, measured in 2024.
The figure is down 1.6% on the previous year and down 23.9% over ten years.
Over the whole period, monetary sector credit to private sector in Hungary peaked at 60.3% in 2010 and was at its lowest, 21.3%, in 1996.
Hungary ranks 110th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 43 years of available data.
Monetary Sector credit to private sector (% GDP) in Hungary, year by year
| Year | % GDP | Change |
|---|---|---|
| 1982 | 46.3% | — |
| 1983 | 46.8% | +1.0% |
| 1984 | 47.0% | +0.4% |
| 1985 | 49.3% | +4.9% |
| 1986 | 52.3% | +6.2% |
| 1987 | 50.9% | -2.7% |
| 1988 | 44.9% | -11.9% |
| 1989 | 45.1% | +0.6% |
| 1990 | 44.7% | -1.0% |
| 1991 | 37.6% | -15.9% |
| 1992 | 32.0% | -14.7% |
| 1993 | 27.2% | -15.0% |
| 1994 | 25.4% | -6.7% |
| 1995 | 21.6% | -14.9% |
| 1996 | 21.3% | -1.6% |
| 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 | 36.5% | +6.3% |
| 2004 | 38.9% | +6.7% |
| 2005 | 43.3% | +11.1% |
| 2006 | 47.3% | +9.3% |
| 2007 | 53.2% | +12.5% |
| 2008 | 59.4% | +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% | -7.7% |
| 2015 | 35.1% | -17.5% |
| 2016 | 33.3% | -5.1% |
| 2017 | 32.4% | -2.8% |
| 2018 | 32.3% | -0.4% |
| 2019 | 33.2% | +2.8% |
| 2020 | 37.6% | +13.4% |
| 2021 | 38.4% | +2.1% |
| 2022 | 36.0% | -6.2% |
| 2023 | 32.9% | -8.7% |
| 2024 | 32.4% | -1.6% |
Hungary compared with similar countries
- Hungary's 32.4% is below the median for high income countries, which is 63.2%, 51% of the median. (61 countries reporting)
- Hungary's 32.4% is below the median for Europe & Central Asia, which is 51.0%, 63% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 47.8% | 44.9% | 52.3% | 8 |
| 1990s | 28.2% | 21.3% | 44.7% | 10 |
| 2000s | 43.7% | 31.8% | 59.9% | 10 |
| 2010s | 42.4% | 32.3% | 60.3% | 10 |
| 2020s | 35.5% | 32.4% | 38.4% | 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 monetary sector credit to private sector in Hungary?
- Monetary sector credit to private sector in Hungary was 32.4% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Hungary?
- The highest recorded value was 60.3% in 2010.
- What is the lowest monetary sector credit to private sector recorded in Hungary?
- The lowest recorded value was 21.3% in 1996.
- How does Hungary rank for monetary sector credit to private sector?
- Hungary ranks 110th out of 187 countries with data for 2024.
- Is monetary sector credit to private sector rising or falling in Hungary?
- Over the last ten years it is down 23.9%. The long-run trend across the full record is falling.
- Where does this Hungary data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
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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. 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.