The Minister of Finance () is a member of the Hungarian cabinet and the head of the Ministry of Finance. The current minister is András Kármán.
The position was called People's Commissar of Finance () during the Hungarian Soviet Republic in 1919, and Minister of National Economy () between 2010 and 2018.
Ministers of Finance (1848–1919) Hungarian Kingdom (1848–1849) Parties
Portrait NameTerm of office Political party Cabinet Assembly1Lajos Kossuth(1802–1894)7 April 184812 September 1848Opposition PartyBatthyányLast Diet1 (1848)—Lajos Batthyány(1807–1849)acting12 September 184828 September 1848Opposition Party2Ferenc Duschek(1797–1872)28 September 18482 October 1848Independent2 October 184814 April 1849Committee of National Defence
Hungarian State (1849) Parties
Portrait NameTerm of office Political party Cabinet Assembly1Ferenc Duschek(1797–1872)14 April 18492 May 1849IndependentCommittee of National Defence1 (1848)2 May 184911 August 1849Szemere
After the collapse of the Hungarian Revolution of 1848, the Hungarian Kingdom became an integral part of the Austrian Empire until 1867, when dual Austro-Hungarian Monarchy was created.
Hungarian Kingdom (1867–1918) Parties
Portrait NameTerm of office Political party Cabinet Assembly1Menyhért Lónyay(1822–1884)20 February 186721 May 1870Deák PartyAndrássyDP3 (1865)4 (1869)2Károly Kerkapoly(1824–1891)21 May 187014 November 1871Deák Party14 November 18714 December 1872LónyayDP5 (1872)4 December 187219 December 1873SzlávyDP—József Szlávy(1818–1900)acting19 December 187321 March 1874Deák Party3Kálmán Ghyczy(1808–1888)21 March 18742 March 1875Left CentreBittóDP–BK4Kálmán Széll(1843–1915)2 March 187520 October 1875Liberal PartyWenckheimSZP20 October 18753 October 1878K. TiszaSZP6 (1875)7 (1878)—Kálmán Széll(1843–1915)acting3 October 187811 October 1878—Kálmán Tisza(1830–1902)acting11 October 18785 December 1878Liberal Party5Gyula Szapáry(1832–1905)5 December 187811 February 1887Liberal Party—Kálmán Tisza(1830–1902)acting11 February 18879 April 1889Liberal Party6Sándor Wekerle(1848–1921)1st term9 April 188913 March 1890Liberal Party13 March 189017 November 1892SzapárySZP11 (1892)17 November 189215 January 1895Wekerle ISZP7László Lukács(1850–1932)1st term15 January 189526 February 1899Liberal PartyBánffySZP12 (1896)26 February 189927 June 1903SzéllSZP13 (1901)27 June 19033 November 1903Khuen-Héderváry ISZP3 November 190318 June 1905I. Tisza ISZP—Géza Fejérváry(1833–1914)acting18 June 19056 March 1906IndependentFejérvárySZP14 (1905)8Ferenc Hegedűs(1856–1909)6 March 19068 April 1906Independent(6)Sándor Wekerle(1848–1921)2nd term8 April 190617 January 1910National Constitution PartyWekerle IIF48P–OAP–KNP–PDP15 (1906)(7)László Lukács(1850–1932)2nd term17 January 191022 April 1912National Party of WorkKhuen-Héderváry IINMP16 (1910)9János Teleszky(1868–1939)22 April 191210 June 1913National Party of WorkLukácsNMP10 June 191315 June 1917I. Tisza IINMP10Gusztáv Gratz(1875–1946)15 June 191723 August 1917National Party of WorkEsterházyNMP–F48P–OAP–PDP–KNP23 August 191716 September 1917Wekerle IIINMP–F48P–OAP–PDP–KNP—Sándor Wekerle(1848–1921)acting16 September 191711 February 1918National Constitution Party11Sándor Popovics(1862–1935)11 February 191831 October 1918National Constitution Party—János Grünn(1864–1932)30 October 191831 October 1918IndependentHadiknot formed—Mihály Károlyi(1875–1955)acting31 October 191816 November 1918F48P–KárolyiM. KárolyiF48P–Károlyi–PRP–MSZDPMNT (—)
Hungarian People's Republic (1918–1919) Parties
Portrait NameTerm of office Political party Cabinet Assembly—Mihály Károlyi(1875–1955)acting16 November 191825 November 1918F48P–KárolyiM. KárolyiF48P–Károlyi–PRP–MSZDPMNT (—)1Pál Szende(1879–1934)25 November 191819 January 1919PRP19 January 191921 March 1919BerinkeyF48P–Károlyi–PRP–MSZDP–OKGFP
People's Commissars of Finance (1919) Hungarian Soviet Republic (1919) Parties
Portrait NameTerm of office Political party Cabinet Assembly1Jenő Varga(1879–1964)21 March 19193 April 1919MSZPRevolutionary Governing CouncilMSZP/SZKMMPTOGY (—)2Béla Székely(1889–1939)serving with Gyula Lengyel3 April 191924 June 1919MSZP/SZKMMP(2)Béla Székely(1889–1939)24 June 19191 August 19192Gyula Lengyel(1888–1941)serving with Béla Székely3 April 191924 June 1919MSZP/SZKMMP
Counter-revolutionary governments (1919) Parties
Portrait NameTerm of office Political party Cabinet Assembly—Lajos Solymossy1st term5 May 191931 May 1919IndependentArad——Gusztáv Gratz(1875–1946)31 May 19196 June 1919IndependentSzeged I—Lajos Solymossy2nd term6 June 191912 July 1919IndependentSzeged II—Antal Éber(1872–1950)12 July 191912 August 1919IndependentSzeged III
Ministers of Finance (1919–2010) Hungarian People's Republic (1919) Parties
Portrait NameTerm of office Political party Cabinet Assembly1Ferenc Miákits(1876–1924)1 August 19196 August 1919(deposed)MSZDPPeidlMSZDP——Gyula Peidl(1873–1943)acting for Ferenc Miákits2 August 19196 August 1919(deposed)MSZDP
Hungarian Republic (1919–1920) Parties
Portrait NameTerm of office Political party Cabinet Assembly1János Grünn(1864–1932)15 August 191912 September 1919IndependentFriedrichKNP/KNEP–OKGFP —2Frigyes Korányi(1869–1935)12 September 191924 November 1919OKGFP24 November 191929 February 1920HuszárKNEP–OKGFP–MSZDP–NDPP
Hungarian Kingdom (1920–1946) Parties
Portrait NameTerm of office Political party Cabinet Assembly1Frigyes Korányi(1869–1935)1st term29 February 192015 March 1920OKGFPHuszárKNEP–OKGFP–MSZDP–NDPP—15 March 192019 July 1920Simonyi-SemadamKNEP–OKGFP17 (1920)19 July 192016 December 1920Teleki IKNEP–OKGFP2Lóránt Hegedüs(1872–1943)16 December 192014 April 1921Independent14 April 192127 September 1921Bethlen(KNEP–OKGFP)→EP—Lajos Hegyeshalmi(1862–1925)acting27 September 19214 October 1921KNEP—István Bethlen(1874–1946)acting4 October 19213 December 1921KNEP3Tibor Kállay(1881–1964)3 December 19212 February 1922KNEP(3)2 February 192220 February 1924EP18 (1922)—Lajos Walko(1880–1954)acting20 February 192425 March 1924EP(1)Frigyes Korányi(1869–1935)2nd term25 March 192415 November 1924EP4János Bud(1880–1950)15 November 19245 September 1928EP19 (1926)5Sándor Wekerle Jr.(1878–1963)5 September 192824 August 1931EP20 (1931)—Gyula Károlyi(1871–1947)acting24 August 193116 December 1931EPG. KárolyiEP–KGSZP(1)Frigyes Korányi(1869–1935)3rd term16 December 19311 October 1932EP6Béla Imrédy(1891–1946)1 October 19326 January 1935NEPGömbösNEP7Tihamér Fabinyi(1890–1953)6 January 19356 October 1936NEP21 (1935)6 October 19369 March 1938DarányiNEP8Lajos Reményi-Schneller(1892–1946)9 March 193814 May 1938NEP14 May 193816 February 1939ImrédyNEP(8)16 February 19393 April 1941MÉPTeleki IIMÉP22 (1939)3 April 19419 March 1942BárdossyMÉP9 March 194222 March 1944KállayMÉP22 March 194429 August 1944SztójayMÉP–MMP29 August 194416 October 1944LakatosMÉP
Government of National Unity (1944–1945) Parties
Portrait NameTerm of office Political party Cabinet Assembly1Lajos Reményi-Schneller(1892–1946)16 October 194428 March 1945IndependentSzálasiNYKP–MMP —
Soviet-backed provisional governments (1944–1946) Parties
Portrait NameTerm of office Political party Cabinet Assembly1István Vásáry(1887–1955)22 December 194421 July 1945FKGPProvisional National GovernmentFKGP–MKP–MSZDP–NPP–PDPINGY (1944)2Imre Oltványi(1893–1963)21 July 194515 November 1945FKGP3Ferenc Gordon(1893–1971)15 November 19451 February 1946FKGPTildyFKGP–MKP–MSZDP–NPP23 (1945)
Hungarian Republic (1946–1949) Parties
Portrait NameTerm of office Political party Cabinet Assembly1Ferenc Gordon(1893–1971)1 February 194626 August 1946FKGPF. NagyFKGP–MKP–MSZDP–NPP23 (1945)2Jenő Rácz(1907–1981)26 August 194614 March 1947FKGP3Miklós Nyárádi(1905–1976)14 March 194731 May 1947FKGP31 May 194710 December 1948DinnyésMKP–FKGP–MSZDP–NPP24 (1947)—Ernő Gerő(1898–1980)acting for Miklós Nyárádi3 December 194810 December 1948MDP—Ernő Gerő(1898–1980)acting10 December 194818 February 19494Ernő Gerő(1898–1980)18 February 194911 June 1949DobiMDP–FKGP–NPP25 (1949)5István Kossa(1904–1965)11 June 194920 August 1949MDP
Hungarian People's Republic (1949–1989) Parties
Portrait NameTerm of office Political party Cabinet Assembly1István Kossa(1904–1965)1st term20 August 194924 February 1950MDPDobiMDP25 (1949)2Károly Olt(1904–1985)24 February 195014 August 1952MDP14 August 19524 July 1953RákosiMDP4 July 195318 April 1955I. Nagy IMDP26 (1953)18 April 195524 October 1956HegedüsMDP(1)István Kossa(1904–1965)2nd term24 October 19563 November 1956MDPI. Nagy IIMDP/MSZMP–FKGP4 November 19569 May 1957MSZMPKádár IMSZMP3István Antos(1908–1960)9 May 195728 January 1958MSZMP28 January 19585 January 1960(died in office)MünnichMSZMP26 (1953)4Rezső Nyers(1923–2018)5 January 196013 September 1961MSZMP13 September 196127 November 1962Kádár IIMSZMP5Mátyás Tímár(1923–2020)27 November 196230 June 1965MSZMP28 (1963)30 June 196514 April 1967KállaiMSZMP6Péter Vályi(1919–1973)14 April 196712 May 1971MSZMPFockMSZMP29 (1967)7Lajos Faluvégi(1924–1999)12 May 197115 May 1975MSZMP30 (1971)15 May 197527 June 1980LázárMSZMP31 (1975)8István Hetényi(1926–2008)27 June 198031 December 1986MSZMP32 (1980)33 (1985)9Péter Medgyessy(1942–)1 January 198725 June 1987MSZMP25 June 198715 December 1987GrószMSZMP10Miklós Villányi(1931–)15 December 198724 November 1988MSZMP24 November 19889 May 1989Németh(MSZMP)→MSZP11László Békesi(1942–)10 May 19897 October 1989MSZMP(11)7 October 198923 October 1989MSZP
Hungarian Republic (1989–2010) Parties
Portrait NameTerm of office Political party Cabinet Assembly—László Békesi(1942–)provisional23 October 198923 May 1990MSZPNémethMSZP —1Ferenc Rabár(1929–1999)23 May 199019 December 1990IndependentAntallMDF–FKGP–KDNP34 (1990)2Mihály Kupa(1941–2024)20 December 199011 February 1993MDF3Iván Szabó(1934–2005)24 February 199321 December 1993MDF21 December 199315 July 1994BorossMDF–EKGP–KDNP4László Békesi(1942–)15 July 199428 February 1995MSZPHornMSZP–SZDSZ35 (1994)5Lajos Bokros(1954–)1 March 199529 February 1996Independent6Péter Medgyessy(1942–)1 March 19967 Jule 1998Independent7Zsigmond Járai(1951–)8 Jule 199831 December 2000IndependentOrbán IFidesz–FKGP–MDF36 (1998)8Mihály Varga(1965–)1st term1 January 200127 May 2002Fidesz9Csaba László(1962–)27 May 200215 February 2004IndependentMedgyessyMSZP–SZDSZ37 (2002)10Tibor Draskovics(1955–)15 February 20044 October 2004Independent4 October 200424 April 2005Gyurcsány IMSZP–SZDSZ11János Veres(1957–)24 April 20059 June 2006MSZP9 June 200616 April 2009Gyurcsány IIMSZP–SZDSZ38 (2006)12Péter Oszkó(1973–)16 April 200929 May 2010IndependentBajnaiMSZP
Ministers of National Economy (2010–2018) Hungarian Republic / Hungary (2010–2018) Parties
Portrait NameTerm of office Political party Cabinet Assembly1György Matolcsy(1955–)29 May 20103 March 2013FideszOrbán IIFidesz–KDNP39 (2010)2Mihály Varga(1965–)2nd term3 March 20136 June 2014Fidesz6 June 201418 May 2018Orbán IIIFidesz–KDNP40 (2014)
Ministers of Finance (2018–present) Hungarian Republic / Hungary (2018–present) Parties
Portrait NameTerm of office Political party Cabinet Assembly1Mihály Varga(1965–)2nd term18 May 201824 May 2022FideszOrbán IVFidesz–KDNP41 (2018)24 May 202231 December 2024Orbán VFidesz–KDNP42 (2022)2Márton Nagy(1976–)1 January 202512 May 2026FideszOrbán VFidesz–KDNP42 (2022)3András Kármán(1973–)13 May 2026IncumbentTISZAMagyarTISZA43 (2026)
See also List of heads of state of Hungary List of prime ministers of Hungary Politics of Hungary Cabinet ministers Minister of Agriculture (Hungary) Minister of Civilian Intelligence Services (Hungary) Minister of Croatian Affairs of Hungary Minister of Defence (Hungary) Minister of Education (Hungary) Minister of Foreign Affairs (Hungary) Minister of the Interior (Hungary) Minister of Justice (Hungary) Minister of Public Works and Transport (Hungary)
External links