The ratio rose from 74.2% at the end of Q3 and 65.5% at the end of 2019.
In absolute terms, state debt reached HUF 38.368 trillion at the end of 2020.
Hungary's constitution stipulates that year-end state debt relative to GDP must decline until the ratio reaches 50%, but the government anticipated the level would rise last year because of spending on pandemic defense and economic stimulus.
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