Flag of hu

Hungary Private Credit (% GDP)

Hungary's private credit (% GDP) fell to 32.41% in 2024, down from 32.75% in 2023, according to World Bank. This represents a decrease of 0.34% from the previous year. Hungary has private credit (% GDP) lower than the global median (32.41% vs median 39.47%). Compared with the median in Europe, Hungary is lower (32.41% vs regional median 54.79%) and ranks 35th out of 41 countries in Europe.

Yearly Historical Data (1982-2024)

(in %)
Year Private Credit (% GDP)
2024 32.41%
2023 32.75%
2022 35.93%
2021 38.41%
2020 37.63%
2019 33.17%
2018 32.26%
2017 32.39%
2016 33.32%
2015 35.1%
2014 42.53%
2013 46.1%
2012 50.42%
2011 58.45%
2010 60.32%
2009 59.9%
2008 59.36%
2007 53.2%
2006 47.28%
2005 43.25%
2004 38.95%
2003 36.51%
2002 34.34%
2001 32.61%
2000 31.85%
1999 25.47%
1998 23.34%
1997 23.47%
1996 21.28%
1995 21.64%
1994 25.42%
1993 27.24%
1992 32.04%
1991 37.55%
1990 44.67%
1989 45.13%
1988 44.88%
1987 50.91%
1986 52.34%
1985 49.26%
1984 46.97%
1983 46.8%
1982 46.34%
Hungary Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Hungary.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio 1.6% 0% Dec'24
Debt to GDP Ratio 73.5% 73% Dec'24
Base Rate 6.5% 6.5% Oct'25