Private credit by deposit money banks to GDP in Hungary
Hungary: Private credit by deposit money banks to GDP was 38.3% in 2021. ▲ Rising
Private credit by deposit money banks to GDP in Hungary, 1991–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Hungary recorded 38.3% for private credit by deposit money banks to gdp in 2021.
The figure is up 1.5% on the previous year and down 34.3% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Hungary peaked at 67.9% in 2008 and was at its lowest, 21.4%, in 1996.
Hungary ranks 106th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Private credit by deposit money banks to GDP in Hungary, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 37.6% | — |
| 1992 | 32.0% | -14.8% |
| 1993 | 27.2% | -15.0% |
| 1994 | 25.4% | -6.6% |
| 1995 | 21.6% | -14.8% |
| 1996 | 21.4% | -1.3% |
| 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 | 41.8% | +21.5% |
| 2004 | 44.9% | +7.5% |
| 2005 | 49.9% | +11.1% |
| 2006 | 54.0% | +8.3% |
| 2007 | 60.7% | +12.4% |
| 2008 | 67.9% | +12.0% |
| 2009 | 59.7% | -12.1% |
| 2010 | 60.1% | +0.7% |
| 2011 | 58.3% | -3.1% |
| 2012 | 50.2% | -13.8% |
| 2013 | 46.0% | -8.4% |
| 2014 | 42.5% | -7.7% |
| 2015 | 35.1% | -17.5% |
| 2016 | 33.4% | -4.9% |
| 2017 | 32.4% | -2.9% |
| 2018 | 32.3% | -0.2% |
| 2019 | 33.4% | +3.2% |
| 2020 | 37.7% | +13.1% |
| 2021 | 38.3% | +1.5% |
Hungary compared with similar countries
- Hungary's 38.3% is below the median for high income countries, which is 79.1%, 48% of the median. (62 countries reporting)
- Hungary's 38.3% is below the median for Europe & Central Asia, which is 56.3%, 68% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.4% | 21.4% | 37.6% | 9 |
| 2000s | 47.8% | 31.9% | 67.9% | 10 |
| 2010s | 42.4% | 32.3% | 60.1% | 10 |
| 2020s | 38.0% | 37.7% | 38.3% | 2 |
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 private credit by deposit money banks to gdp in Hungary?
- Private credit by deposit money banks to gdp in Hungary was 38.3% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Hungary?
- The highest recorded value was 67.9% in 2008.
- What is the lowest private credit by deposit money banks to gdp recorded in Hungary?
- The lowest recorded value was 21.4% in 1996.
- How does Hungary rank for private credit by deposit money banks to gdp?
- Hungary ranks 106th out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Hungary?
- Over the last ten years it is down 34.3%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).