Hungary among the European Union nations spends the most in terms of percentile share of its national budget on sports and recreation.
The Eurostat data released last week on the occasion of the European Week of Sports (September 23-30) reveals that a good 2.5% of Hungary’s national budget goes towards sports and recreation. The figure is almost 80% more than the next best Estonia, which allocates 1.4% of its budget towards the head and over 100% more than Luxembourg (1.2%) in the third position.
The Czech Republic (1.1%) too pends more than the European Union average on the provision of sport and recreation.
The report further reveals that the 28 European Union Member States have spent €51.3 billion of the Government expenditure on recreation and sport in 2017. Overall, in the EU, the general government expenditure on recreation and sport has remained stable as a percentage of total expenditure since the beginning of the time series in 2004.
The lowest recreation and sport expenditure per head was recorded in Croatia (€13 per heda) and Bulgaria (€16), followed by Slovakia (€23), Romania (€25), Lithuania (€31) and Malta (€32), Prague Morning has reported.
Despite having withdrawn its bid to host the 2024 Olympic Games, Budapest was named as the European Capital of Sport in 2019 by the European Capitals and Cities of Sport Federation (ACES Europe). Hungary’s capital has also hosted several high-profile international tournaments, including the 2017 FINA World Championships and the 2019 World Table Tennis Championships.