Private Sector Credit Statistics in Hungary (2026)

Hungary recorded domestic credit to the private sector of 32.4% of GDP in 2024, World Bank World Development Indicators data show. Down from 32.9% of GDP in 2023 to 32.4% of GDP in 2024 (−0.5 percentage points). Hungary ranks #37 of 47 economies in Europe & Central Asia on this measure, and #104 of 160 globally.

Latest value (2024)
32.4% of GDP (2024)
Private Sector Credit in Hungary as of 2024, the most recent observation in World Bank World Development Indicators data.
Change since 2023
−0.5 pp (2024)
Down from 32.9% of GDP in 2023 to 32.4% of GDP in 2024 (−0.5 percentage points).
Earliest value in this dataset (1990)
44.7% of GDP (1990)
Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 44.7% of GDP in 1990 to 32.4% of GDP in 2024.
Peak value (2010)
60.3% of GDP (2010)
Highest value in the available series; the 2024 value is 32.4% of GDP.
Rank in Europe & Central Asia
#37 of 47 (2024)
Hungary ranks 37 of 47 countries in Europe & Central Asia with data, based on each country's latest value.
Global rank
#104 of 160 (2024)
Hungary ranks 104 of 160 countries with data globally.
Europe & Central Asia average
57.3% of GDP (2024)
Hungary (32.4% of GDP) is below the average of 57.3% of GDP across the 47 countries in Europe & Central Asia with data.
Domestic credit to private sector by banks (% of GDP) (2024)
32.1% (2024)
Related indicator from World Bank World Development Indicators.
Outstanding loans from commercial banks, percent of GDP (2024)
28.1% (2024)
Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
Internet use in Hungary (2024)
93.8% (2024)
93.8% of the population in Hungary used the internet in 2024 (World Bank); shown for context only.
Population (2024)
9.6 million (2024)
Hungary had a population of 9.6 million in 2024 (World Bank); shown for scale only.
Private Sector Credit in Hungary by year (% of GDP)
Year % of GDP Change
2024 32.4%−0.5 pp
2023 32.9%−3.2 pp
2022 36%−2.4 pp
2021 38.4%+0.8 pp
2020 37.6%+4.5 pp
2019 33.2%+0.9 pp
2018 32.3%−0.1 pp
2017 32.4%−0.9 pp
2016 33.3%−1.8 pp
2015 35.1%−7.4 pp
2014 42.5%−3.6 pp
2013 46.1%−4.3 pp
2012 50.4%−8.0 pp
2011 58.4%−1.9 pp
2010 60.3%+0.4 pp
2009 59.9%+0.5 pp
2008 59.4%+6.2 pp
2007 53.2%+5.9 pp
2006 47.3%+4.0 pp
2005 43.3%+4.3 pp
2004 38.9%+2.4 pp
2003 36.5%+2.2 pp
2002 34.3%+1.7 pp
2001 32.6%+0.8 pp
2000 31.8%+6.4 pp
1999 25.5%+2.1 pp
1998 23.3%−0.1 pp
1997 23.5%+2.2 pp
1996 21.3%−0.4 pp
1995 21.6%−3.8 pp
1994 25.4%−1.8 pp
1993 27.2%−4.8 pp
1992 32%−5.5 pp
1991 37.6%−7.1 pp
1990 44.7%
Private Sector Credit in Hungary, 1990–2024Line chart of 35 observations from 1990 to 2024. Values range from 21.3% to 60.3%; the series starts at 44.7% in 1990 and ends at 32.4% in 2024.20%30%40%50%60%70%199020002010202444.7%32.4%
Fig. 1 — Private Sector Credit in Hungary, 1990–2024

Frequently asked questions

What is the latest figure for domestic credit to the private sector in Hungary?

Domestic credit to the private sector in Hungary stood at 32.4% of GDP in 2024, according to World Bank World Development Indicators data.

How recent is the private sector credit data for Hungary?

The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for Hungary.

Where does the private sector credit data for Hungary come from?

The data comes from the World Bank World Development Indicators (indicator FS.AST.PRVT.GD.ZS). The latest observation for Hungary is from 2024; the snapshot was retrieved on 2026-06-10.

How has private sector credit in Hungary changed over time?

World Bank World Development Indicators data show a decline from 44.7% of GDP in 1990 to 32.4% of GDP in 2024.

How does Hungary compare with other countries in Europe & Central Asia?

Hungary ranks 37 of 47 countries in Europe & Central Asia with data, with 32.4% of GDP versus a regional average of 57.3% of GDP (latest values per country).

Source: World Bank, World Development Indicators, indicator FS.AST.PRVT.GD.ZS, retrieved .

Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.

Last updated .