Hungary - Public Pension Spending
Since 2014, Hungary Public Pension Spending was down by 2.9points year on year. At 8.24 Percent of GDP in 2019, the country was number 14 among other countries in Public Pension Spending. Hungary is overtaken by Luxembourg, which was number 13 at 8.55 Percent of GDP and is followed by Denmark with 8.2 Percent of GDP. Greece topped the ranking with 16.37 Percent of GDP in 2019, an increase of 1.2points compared to 2018. Italy, France and Portugal respectively ranked number 2, 3 and 4 in this ranking. Mexico recorded the best 5 years average growth at +7points per year, while Ireland witnessed the worst performance at -4.3points per year.
| Date | Percent of GDP |
|---|---|
| 2019 | 8.24 |
| 2018 | 8.18 |
| 2017 | 8.54 |
| 2016 | 8.88 |
| 2015 | 9.05 |
Download all data from 1999 to 2019
How does Hungary rank in Public Pension Spending?
| # | 38 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Greece
|
16.36 % | 2019 | +1.2 % | -0.1 % | View data | |
| 2 |
#2
Italy
|
15.94 % | 2019 | +0.5 % | -0.3 % | View data | |
| 13 |
#13
Luxembourg
|
8.55 % | 2019 | +0.5 % | +0.5 % | View data | |
| 14 |
#14
Hungary
|
8.24 % | 2019 | +0.7 % | -2.9 % | View data | |
| 15 |
#15
Denmark
|
8.20 % | 2019 | +1.0 % | +0.6 % | View data | |