Hungary - Government Budget Appropriations or Outlays for R&D in Defence
Since 2014, Hungary Government Budget Appropriations or Outlays for R&D in Defence rose 7.2% year on year. In 2019, the country was ranked number 25 comparing other countries in Government Budget Appropriations or Outlays for R&D in Defence at $993.8 Million PPP. Hungary is overtaken by Chile, which was ranked number 24 at $1,005.84 Million PPP and is followed by Portugal with $904.58 Million PPP. United States ranked the highest with $75,118.21 Million PPP in 2019, a growth of 0.4% versus 2018. United States, South Korea and Russia respectively ranked number 2, 3 and 4 in this ranking. Greece recorded the best 5 years average growth at +319.6% per year, while Iceland was the worst growing country at -100% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 993.80 |
| 2018 | 936.75 |
| 2017 | 1,013.73 |
| 2016 | 1,060.20 |
| 2015 | 4.34 |
How does Hungary rank in Government Budget Appropriations or Outlays for R&D in Defence?
| # | 55 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
75,118.21 | 2019 | +0.4 % | +1.5 % | View data | |
| 3 |
#3
South Korea
|
24,055.59 | 2019 | +6.1 % | +54.3 % | View data | |
| 24 |
#24
Chile
|
1,005.84 | 2019 | +3.8 % | +3.6 % | View data | |
| 25 |
#25
Hungary
|
993.80 | 2019 | +6.1 % | +7.2 % | View data | |
| 26 |
#26
Portugal
|
904.58 | 2019 | -26.2 % | +200.4 % | View data | |