Budget balance (quarterly)
General government balance as a share of GDP, quarterly and seasonally adjusted, since 1999.
- Latest
- −7.2%Q2 2026
- over one year
- −3.5 ppQ2 2025: −3.7%
- Record high
- −0.3%Q3 2016
- Record low
- −15.2%Q1 2006
- Data since
- 1999−7.5%
Budget balance (quarterly)
What has changed since the change of government?
The latest figure compared with the value when the new government took office – and, for comparison, how the indicator moved over the same length of time before the change. This is a short period: the indicators are also strongly driven by the world economy, earlier decisions and seasonal effects, so changes cannot be attributed to the new government alone.
About this indicator
Eurostat's quarterly figure, adjusted for seasonal and calendar effects. Negative values are deficits. It updates more often than the annual figure, so changes show up sooner.
The latest figure (Q2 2026) is −7.2%, under the Magyar Péter government. The series goes back to 1999; the highest value was −0.3% (Q3 2016) and the lowest −15.2% (Q1 2006).
Source: Eurostat (gov_10q_ggnfa) · Updated: 27 Oct 2026 21:41 UTC · Download data (CSV)
By government
The value when each government took office and when it left (or the latest figure), plus the average during the term.
| Government | At start | At end / now | Change | Average |
|---|---|---|---|---|
Magyar Péter (Tisza)Magyar · 2026–in office | −6.8% | −7.2% | −0.4 pp | −7.2% |
Orbán Viktor (Fidesz)Orbán II–V · 2010–2026 | −7.3% | −6.8% | +0.5 pp | −4.1% |
Bajnai Gordon (MSZP)Bajnai · 2009–2010 | −5.1% | −7.3% | −2.2 pp | −5.2% |
Gyurcsány Ferenc (MSZP)Gyurcsány · 2004–2009 | −9.4% | −5.1% | +4.3 pp | −6.3% |
Medgyessy Péter (MSZP)Medgyessy · 2002–2004 | −6.8% | −9.4% | −2.6 pp | −8.1% |
Orbán Viktor (Fidesz)Orbán I · 1998–2002 | −7.5%* | −6.8% | +0.7 pp | −4.4% |
* The series starts during this term, so the starting value is the first available observation.
Data table
| Date | Value |
|---|---|
| Q2 2026 | −7.2% |
| Q1 2026 | −6.8% |
| Q4 2025 | −5.5% |
| Q3 2025 | −5.2% |
| Q2 2025 | −3.7% |
| Q1 2025 | −4.6% |
| Q4 2024 | −4.5% |
| Q3 2024 | −5.2% |
| Q2 2024 | −6.0% |
| Q1 2024 | −4.9% |
| Q4 2023 | −6.1% |
| Q3 2023 | −5.8% |
| Q2 2023 | −7.1% |
| Q1 2023 | −9.0% |
| Q4 2022 | −8.3% |
| Q3 2022 | −7.3% |
| Q2 2022 | −5.2% |
| Q1 2022 | −3.9% |
| Q4 2021 | −5.0% |
| Q3 2021 | −6.9% |
| Q2 2021 | −7.4% |
| Q1 2021 | −9.4% |
| Q4 2020 | −10.4% |
| Q3 2020 | −6.3% |
| Q2 2020 | −9.7% |
| Q1 2020 | −3.9% |
| Q4 2019 | −1.6% |
| Q3 2019 | −4.2% |
| Q2 2019 | −0.7% |
| Q1 2019 | −1.6% |
| Q4 2018 | −1.6% |
| Q3 2018 | −0.8% |
| Q2 2018 | −2.5% |
| Q1 2018 | −3.4% |
| Q4 2017 | −2.4% |
| Q3 2017 | −4.2% |
| Q2 2017 | −2.3% |
| Q1 2017 | −0.9% |
| Q4 2016 | −2.4% |
| Q3 2016 | −0.3% |
| Q2 2016 | −1.8% |
| Q1 2016 | −2.7% |
| Q4 2015 | −0.6% |
| Q3 2015 | −2.2% |
| Q2 2015 | −1.7% |
| Q1 2015 | −3.6% |
| Q4 2014 | −2.6% |
| Q3 2014 | −2.4% |
| Q2 2014 | −3.9% |
| Q1 2014 | −2.1% |
| Q4 2013 | −1.0% |
| Q3 2013 | −3.2% |
| Q2 2013 | −2.4% |
| Q1 2013 | −3.7% |
| Q4 2012 | −2.2% |
| Q3 2012 | −2.0% |
| Q2 2012 | −2.7% |
| Q1 2012 | −2.5% |
| Q4 2011 | −5.6% |
| Q3 2011 | −5.9% |
| Q2 2011 | −5.2% |
| Q1 2011 | −4.2% |
| Q4 2010 | −2.2% |
| Q3 2010 | −3.6% |
| Q2 2010 | −7.3% |
| Q1 2010 | −4.7% |
| Q4 2009 | −3.9% |
| Q3 2009 | −5.9% |
| Q2 2009 | −4.3% |
| Q1 2009 | −5.1% |
| Q4 2008 | −7.0% |
| Q3 2008 | −2.7% |
| Q2 2008 | −2.9% |
| Q1 2008 | −2.6% |
| Q4 2007 | −5.7% |
| Q3 2007 | −4.4% |
| Q2 2007 | −2.8% |
| Q1 2007 | −7.4% |
| Q4 2006 | −7.3% |
| Q3 2006 | −6.8% |
| Q2 2006 | −8.1% |
| Q1 2006 | −15.2% |
| Q4 2005 | −4.9% |
| Q3 2005 | −7.0% |
| Q2 2005 | −8.0% |
| Q1 2005 | −11.6% |
| Q4 2004 | −3.9% |
| Q3 2004 | −9.4% |
| Q2 2004 | −8.6% |
| Q1 2004 | −4.5% |
| Q4 2003 | −8.6% |
| Q3 2003 | −6.8% |
| Q2 2003 | −6.4% |
| Q1 2003 | −6.9% |
| Q4 2002 | −14.2% |
| Q3 2002 | −7.9% |
| Q2 2002 | −6.8% |
| Q1 2002 | −6.0% |
| Q4 2001 | −8.2% |
| Q3 2001 | −2.8% |
| Q2 2001 | −2.3% |
| Q1 2001 | −2.5% |
| Q4 2000 | −4.3% |
| Q3 2000 | −3.7% |
| Q2 2000 | −2.6% |
| Q1 2000 | −1.4% |
| Q4 1999 | −1.4% |
| Q3 1999 | −6.0% |
| Q2 1999 | −6.5% |
| Q1 1999 | −7.5% |