FX.co ★ Hungary’s Budget Swings Deep into Deficit in February 2026

Hungary’s public finances deteriorated sharply in February 2026, with the country’s budget balance dropping from a modest surplus in January to a substantial deficit, according to the latest data updated on 9 March 2026.

The budget balance, which had stood at 32.3 billion in January 2026, reversed course and fell to -2,139.0 billion in February 2026. This marks a significant month-on-month shift, suggesting a rapid change in the government’s fiscal position within the first quarter of the year.

While no details were provided on the underlying drivers of the move, the scale of the swing from surplus to deep deficit will be closely watched by investors and policymakers assessing Hungary’s near-term fiscal trajectory and potential implications for borrowing needs and economic policy.