Secondary income balance (credit less debit), Net (credits less) in Hungary
Hungary: Secondary income balance (credit less debit), Net (credits less) was -1.46 billion in 2024. ▼ Falling
Secondary income balance (credit less debit), Net (credits less) in Hungary, 2005–2024
Source: International Monetary Fund.
Analysis
Hungary recorded -1.46 billion for secondary income balance (credit less debit), net (credits less) in 2024.
That represents a change of up 35.7% on the previous year and down 34.0% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Hungary peaked at -388.65 million in 2005 and was at its lowest, -2.26 billion, in 2023.
That places Hungary 165th out of 197 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -388.65 million | — |
| 2006 | -594.63 million | +53.0% |
| 2007 | -865.68 million | +45.6% |
| 2008 | -1.19 billion | +36.9% |
| 2009 | -472.06 million | -60.2% |
| 2010 | -584.01 million | +23.7% |
| 2011 | -951.42 million | +62.9% |
| 2012 | -1.16 billion | +22.4% |
| 2013 | -856.74 million | -26.4% |
| 2014 | -1.09 billion | +26.9% |
| 2015 | -1.33 billion | +22.8% |
| 2016 | -1.91 billion | +43.0% |
| 2017 | -1.35 billion | -29.1% |
| 2018 | -561.71 million | -58.5% |
| 2019 | -966.72 million | +72.1% |
| 2020 | -744.46 million | -23.0% |
| 2021 | -1.86 billion | +150.2% |
| 2022 | -1.42 billion | -23.5% |
| 2023 | -2.26 billion | +58.9% |
| 2024 | -1.46 billion | -35.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -701.30 million | -1.19 billion | -388.65 million | 5 |
| 2010s | -1.08 billion | -1.91 billion | -561.71 million | 10 |
| 2020s | -1.55 billion | -2.26 billion | -744.46 million | 5 |
Countries ranked near Hungary
More financial sector data for Hungary
- Net domestic credit (current LCU), per capita 4.99 million current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 214.29 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 9.38 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 123.80 million SDR (2025)
- Gold reserves at market value 11.28 billion SDR (2025)
- Reserves excluding gold, foreign exchange 29.95 billion SDR (2025)
- Reserves excluding gold 31.87 billion SDR (2025)
- Total reserves (gold at market value) 43.15 billion SDR (2025)
- Total reserves (gold at national valuation) 43.04 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 4,524 SDR per person (2025)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Hungary?
- Secondary income balance (credit less debit), net (credits less) in Hungary was -1.46 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Hungary?
- The highest recorded value was -388.65 million in 2005.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Hungary?
- The lowest recorded value was -2.26 billion in 2023.
- How does Hungary rank for secondary income balance (credit less debit), net (credits less)?
- Hungary ranks 165th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Hungary?
- Over the last ten years it is down 34.0%. The long-run trend across the full record is falling.
- Where does this Hungary data come from?
- The figures come from International Monetary Fund, published as part of Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.