Hungary - Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Hungary was 553,383,000,000 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 553,383,000,000 in 2019 and a minimum value of 4,220,000,000 in 1960.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

Year Value
1960 4,220,000,000
1961 4,860,000,000
1962 6,810,000,000
1963 8,240,000,000
1964 8,180,000,000
1965 6,710,000,000
1966 6,900,000,000
1967 7,400,000,000
1968 9,010,000,000
1969 10,400,000,000
1970 13,400,000,000
1971 13,500,000,000
1972 12,800,000,000
1973 12,900,000,000
1974 14,400,000,000
1975 16,100,000,000
1976 15,900,000,000
1977 17,200,000,000
1978 20,400,000,000
1979 22,100,000,000
1980 24,100,000,000
1981 26,000,000,000
1982 27,500,000,000
1983 29,900,000,000
1984 30,800,000,000
1985 51,400,000,000
1986 35,100,000,000
1987 38,700,000,000
1988 51,800,000,000
1989 48,000,000,000
1990 53,560,000,000
1991 54,000,000,000
1992 64,140,000,000
1993 67,650,000,000
1994 79,620,000,000
1995 76,940,000,000
1996 89,340,000,000
1997 130,000,000,000
1998 132,600,000,000
1999 166,700,000,000
2000 202,000,000,000
2001 242,100,000,000
2002 278,300,000,000
2003 314,380,000,000
2004 310,731,000,000
2005 318,552,000,000
2006 296,665,000,000
2007 326,205,000,000
2008 321,486,000,000
2009 298,620,000,000
2010 280,895,000,000
2011 295,967,000,000
2012 297,650,000,000
2013 286,341,000,000
2014 281,402,000,000
2015 316,338,000,000
2016 362,798,000,000
2017 402,793,000,000
2018 484,031,000,000
2019 553,383,000,000

Periodicity: Annual

General Comments: Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade