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The state debt ratio rose from 74.6pc at the end of 2025 and was up from 75.3% in Q1 2025.
Hungary’s constitution stipulates that year-end state debt relative to GDP must decline until the ratio reaches 50%.
In absolute terms, Hungary’s state debt stood at HUF 69.012 trillion at the end of March, up from HUF 64.913 tln at the end of last year and up from HUF 62.374 tln at the end of Q1 2025.
The data show the general government net financing requirement reached HUF 4.964 bln in the four quarters to Q1, equivalent to 5.6% of GDP. In the first quarter alone it was HUF 2.13 tln, equivalent to 10.9% of quarterly GDP.
Households’ net financing capacity reached HUF 5.273 tln in the four quarters to Q1, equivalent to 6% of GDP.
In the first quarter alone it was HUF 2.477 tln, equivalent to 12.7% of quarterly GDP.
The net financial worth of households reached 118.6% of GDP at the end of Q1 2026.
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