The 2021 ESA deficit of the Hungarian budget was 6.8% of GDP. This is better than the 7.5% deficit expected in the Convergence Programme of last spring. The lower-than-expected figure was also due to the rapid economic growth, but even so, personal income tax refunds are included in last year's deficit. Only 6 EU countries have recorded budget deficits higher than Hungary’s. Even so, Hungary’s government debt has been reduced substantially, by 2.8 percentage points to 76.8% by the end of 2021. Despite the high deficit, the role of rapid economic growth in the declining government debt should also be highlighted.

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