Minister of Finance (Hungary) facts for kids

The minister of finance (Hungarian: pénzügyminiszter) is a member of the Hungarian cabinet and the head of the Ministry of Finance. The current minister is Mihály Varga.

The position was called as People's Commissar of Finance (Hungarian: pénzügyi népbiztos) during the Hungarian Soviet Republic in 1919, and as Minister of National Economy (Hungarian: nemzetgazdasági miniszter) between 2010 and 2018.

Ministers of finance (1848–1919)

Hungarian Kingdom (1848–1849)

Parties       Opposition Party       Independent

No.	Portrait	Name (Birth–Death)	Term of office		Political party	Cabinet	Assembly (Election)
1		Lajos Kossuth (1802–1894)	7 April 1848	12 September 1848	Opposition Party	Batthyány	Last Diet
							1 (1848)
—		Lajos Batthyány (1807–1849) acting	12 September 1848	28 September 1848	Opposition Party
2		Ferenc Duschek (1797–1872)	28 September 1848	2 October 1848	Independent
			2 October 1848	14 April 1849		Committee of National Defence

Hungarian State (1849)

Parties       Independent

No.	Portrait	Name (Birth–Death)	Term of office		Political party	Cabinet	Assembly (Election)
1		Ferenc Duschek (1797–1872)	14 April 1849	2 May 1849	Independent	Committee of National Defence	1 (1848)
			2 May 1849	11 August 1849		Szemere

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       Deák Party/Liberal Party/National Party of Work       Left Centre       National Constitution Party       F48P/F48P–Károlyi       Independent

No.	Portrait	Name (Birth–Death)	Term of office		Political party	Cabinet	Assembly (Election)
1		Menyhért Lónyay (1822–1884)	20 February 1867	21 May 1870	Deák Party	Andrássy DP	3 (1865)
							4 (1869)
2		Károly Kerkapoly (1824–1891)	21 May 1870	14 November 1871	Deák Party
			14 November 1871	4 December 1872		Lónyay DP
							5 (1872)
			4 December 1872	19 December 1873		Szlávy DP
—		József Szlávy (1818–1900) acting	19 December 1873	21 March 1874	Deák Party
3		Kálmán Ghyczy (1808–1888)	21 March 1874	2 March 1875	Left Centre	Bittó DP–BK
4		Kálmán Széll (1843–1915)	2 March 1875	20 October 1875	Liberal Party	Wenckheim SZP
			20 October 1875	3 October 1878		K. Tisza SZP	6 (1875)
							7 (1878)
—		Kálmán Széll (1843–1915) acting	3 October 1878	11 October 1878
—		Kálmán Tisza (1830–1902) acting	11 October 1878	5 December 1878	Liberal Party
5		Gyula Szapáry (1832–1905)	5 December 1878	11 February 1887	Liberal Party
—		Kálmán Tisza (1830–1902) acting	11 February 1887	9 April 1889	Liberal Party
6		Sándor Wekerle (1848–1921) 1st term	9 April 1889	13 March 1890	Liberal Party
			13 March 1890	17 November 1892		Szapáry SZP	11 (1892)
			17 November 1892	15 January 1895		Wekerle I SZP
7		László Lukács (1850–1932) 1st term	15 January 1895	26 February 1899	Liberal Party	Bánffy SZP
							12 (1896)
			26 February 1899	27 June 1903		Széll SZP
							13 (1901)
			27 June 1903	3 November 1903		Khuen-Héderváry I SZP
			3 November 1903	18 June 1905		I. Tisza I SZP
—		Géza Fejérváry (1833–1914) acting	18 June 1905	6 March 1906	Independent	Fejérváry SZP	14 (1905)
8		Ferenc Hegedűs (1856–1909)	6 March 1906	8 April 1906	Independent
(6)		Sándor Wekerle (1848–1921) 2nd term	8 April 1906	17 January 1910	National Constitution Party	Wekerle II F48P–OAP–KNP–PDP	15 (1906)
(7)		László Lukács (1850–1932) 2nd term	17 January 1910	22 April 1912	National Party of Work	Khuen-Héderváry II NMP
							16 (1910)
9		János Teleszky (1868–1939)	22 April 1912	10 June 1913	National Party of Work	Lukács NMP
			10 June 1913	15 June 1917		I. Tisza II NMP
10		Gusztáv Gratz (1875–1946)	15 June 1917	23 August 1917	National Party of Work	Esterházy NMP–F48P–OAP–PDP–KNP
			23 August 1917	16 September 1917		Wekerle III NMP–F48P–OAP–PDP–KNP
—		Sándor Wekerle (1848–1921) acting	16 September 1917	11 February 1918	National Constitution Party
11		Sándor Popovics (1862–1935)	11 February 1918	31 October 1918	National Constitution Party
—		János Grünn (1864–1932)	30 October 1918	31 October 1918	Independent	Hadik not formed
—		Mihály Károlyi (1875–1955) acting	31 October 1918	16 November 1918	F48P–Károlyi	M. Károlyi F48P–Károlyi–PRP–MSZDP	MNT (—)

Hungarian People's Republic (1918–1919)

Parties       F48P–Károlyi       Civic Radical Party (PRP)

No.	Portrait	Name (Birth–Death)	Term of office		Political party	Cabinet	Assembly (Election)
—		Mihály Károlyi (1875–1955) acting	16 November 1918	25 November 1918	F48P–Károlyi	M. Károlyi F48P–Károlyi–PRP–MSZDP	MNT (—)
1		Pál Szende (1879–1934)	25 November 1918	19 January 1919	PRP
			19 January 1919	21 March 1919		Berinkey F48P–Károlyi–PRP–MSZDP–OKGFP

People's commissars of finance (1919)

Hungarian Soviet Republic (1919)

Parties       MSZP/SZKMMP

No.	Portrait	Name (Birth–Death)	Term of office		Political party	Cabinet	Assembly (Election)
1		Jenő Varga (1879–1964)	21 March 1919	3 April 1919	MSZP	Central Executive Council MSZP/SZKMMP	TOGY (—)
2		Béla Székely (1889–1939) serving with Gyula Lengyel	3 April 1919	24 June 1919	MSZP/SZKMMP
(2)		Béla Székely (1889–1939)	24 June 1919	1 August 1919
2		Gyula Lengyel (1888–1941) serving with Béla Székely	3 April 1919	24 June 1919	MSZP/SZKMMP

Counter-revolutionary governments (1919)

Parties       Independent

No.	Portrait	Name (Birth–Death)	Term of office		Political party	Cabinet	Assembly (Election)
—		Lajos Solymossy 1st term	5 May 1919	31 May 1919	Independent	Arad	—
—		Gusztáv Gratz (1875–1946)	31 May 1919	6 June 1919	Independent	Szeged I
—		Lajos Solymossy 2nd term	6 June 1919	12 July 1919	Independent	Szeged II
—		Antal Éber (1872–1950)	12 July 1919	12 August 1919	Independent	Szeged III

Ministers of finance (1919–2010)

Hungarian People's Republic (1919)

Parties       MSZDP

No.	Portrait	Name (Birth–Death)	Term of office		Political party	Cabinet	Assembly (Election)
1		Ferenc Miákits (1876–1924)	1 August 1919	6 August 1919 (deposed)	MSZDP	Peidl MSZDP	—
—		Gyula Peidl (1873–1943) acting for Ferenc Miákits	2 August 1919	6 August 1919 (deposed)	MSZDP

Hungarian Republic (1919–1920)

Parties       National Smallholders and Agricultural Labourers Party (OKGFP)       Independent

No.	Portrait	Name (Birth–Death)	Term of office		Political party	Cabinet	Assembly (Election)
1		János Grünn (1864–1932)	15 August 1919	12 September 1919	Independent	Friedrich KNP/KNEP–OKGFP	—
2		Frigyes Korányi (1869–1935)	12 September 1919	24 November 1919	OKGFP
			24 November 1919	29 February 1920		Huszár KNEP–OKGFP–MSZDP–NDPP

Hungarian Kingdom (1920–1946)

Parties       National Smallholders and Agricultural Labourers Party (OKGFP)       KNEP       EP–NEP–MÉP       Independent

No.	Portrait	Name (Birth–Death)	Term of office		Political party	Cabinet	Assembly (Election)
1		Frigyes Korányi (1869–1935) 1st term	29 February 1920	15 March 1920	OKGFP	Huszár KNEP–OKGFP–MSZDP–NDPP	—
			15 March 1920	19 July 1920		Simonyi-Semadam KNEP–OKGFP	17 (1920)
			19 July 1920	16 December 1920		Teleki I KNEP–OKGFP
2		Lóránt Hegedüs (1872–1943)	16 December 1920	14 April 1921	Independent
			14 April 1921	27 September 1921		Bethlen (KNEP–OKGFP)→EP
—		Lajos Hegyeshalmi (1862–1925) acting	27 September 1921	4 October 1921	KNEP
—		István Bethlen (1874–1946) acting	4 October 1921	3 December 1921	KNEP
3		Tibor Kállay (1881–1964)	3 December 1921	2 February 1922	KNEP
(3)			2 February 1922	20 February 1924	EP
							18 (1922)
—		Lajos Walko (1880–1954) acting	20 February 1924	25 March 1924	EP
(1)		Frigyes Korányi (1869–1935) 2nd term	25 March 1924	15 November 1924	EP
4		János Bud (1880–1950)	15 November 1924	5 September 1928	EP
							19 (1926)
5		Sándor Wekerle Jr. (1878–1963)	5 September 1928	24 August 1931	EP
							20 (1931)
—		Gyula Károlyi (1871–1947) acting	24 August 1931	16 December 1931	EP	G. Károlyi EP–KGSZP
(1)		Frigyes Korányi (1869–1935) 3rd term	16 December 1931	1 October 1932	EP
6		Béla Imrédy (1891–1946)	1 October 1932	6 January 1935	NEP	Gömbös NEP
7		Tihamér Fabinyi (1890–1953)	6 January 1935	6 October 1936	NEP
							21 (1935)
			6 October 1936	9 March 1938		Darányi NEP
8		Lajos Reményi-Schneller (1892–1946)	9 March 1938	14 May 1938	NEP
			14 May 1938	16 February 1939		Imrédy NEP
(8)			16 February 1939	3 April 1941	MÉP	Teleki II MÉP
							22 (1939)
			3 April 1941	9 March 1942		Bárdossy MÉP
			9 March 1942	22 March 1944		Kállay MÉP
			22 March 1944	29 August 1944		Sztójay MÉP–MMP
			29 August 1944	16 October 1944		Lakatos MÉP

Government of National Unity (1944–1945)

Parties       Independent

No.	Portrait	Name (Birth–Death)	Term of office		Political party	Cabinet	Assembly (Election)
1		Lajos Reményi-Schneller (1892–1946)	16 October 1944	28 March 1945	Independent	Szálasi NYKP–MMP	—

Soviet-backed provisional governments (1944–1946)

Parties       FKGP

No.	Portrait	Name (Birth–Death)	Term of office		Political party	Cabinet	Assembly (Election)
1		István Vásáry (1887–1955)	22 December 1944	21 July 1945	FKGP	Provisional National Government FKGP–MKP–MSZDP–NPP–PDP	INGY (1944)
2		Imre Oltványi (1893–1963)	21 July 1945	15 November 1945	FKGP
3		Ferenc Gordon (1893–1971)	15 November 1945	1 February 1946	FKGP	Tildy FKGP–MKP–MSZDP–NPP	23 (1945)

Hungarian Republic (1946–1949)

Parties       FKGP       MDP

No.	Portrait	Name (Birth–Death)	Term of office		Political party	Cabinet	Assembly (Election)
1		Ferenc Gordon (1893–1971)	1 February 1946	26 August 1946	FKGP	F. Nagy FKGP–MKP–MSZDP–NPP	23 (1945)
2		Jenő Rácz (1907–1981)	26 August 1946	14 March 1947	FKGP
3		Miklós Nyárádi (1905–1976)	14 March 1947	31 May 1947	FKGP
			31 May 1947	10 December 1948		Dinnyés MKP–FKGP–MSZDP–NPP
							24 (1947)
—		Ernő Gerő (1898–1980) acting for Miklós Nyárádi	3 December 1948	10 December 1948	MDP
—		Ernő Gerő (1898–1980) acting	10 December 1948	18 February 1949
4		Ernő Gerő (1898–1980)	18 February 1949	11 June 1949		Dobi MDP–FKGP–NPP
							25 (1949)
5		István Kossa (1904–1965)	11 June 1949	20 August 1949	MDP

Hungarian People's Republic (1949–1989)

Parties       MDP-MSZMP       MSZP

No.	Portrait	Name (Birth–Death)	Term of office		Political party	Cabinet	Assembly (Election)
1		István Kossa (1904–1965) 1st term	20 August 1949	24 February 1950	MDP	Dobi MDP	25 (1949)
2		Károly Olt (1904–1985)	24 February 1950	14 August 1952	MDP
			14 August 1952	4 July 1953		Rákosi MDP
			4 July 1953	18 April 1955		I. Nagy I MDP	26 (1953)
			18 April 1955	24 October 1956		Hegedüs MDP
(1)		István Kossa (1904–1965) 2nd term	24 October 1956	3 November 1956	MDP	I. Nagy II MDP/MSZMP–FKGP
			4 November 1956	9 May 1957	MSZMP	Kádár I MSZMP
3		István Antos (1908–1960)	9 May 1957	28 January 1958	MSZMP
			28 January 1958	5 January 1960 (died in office)		Münnich MSZMP
							26 (1953)
4		Rezső Nyers (1923–2018)	5 January 1960	13 September 1961	MSZMP
			13 September 1961	27 November 1962
						Kádár II MSZMP
5		Mátyás Tímár (1923–2020)	27 November 1962	30 June 1965	MSZMP
							28 (1963)
			30 June 1965	14 April 1967		Kállai MSZMP
6		Péter Vályi (1919–1973)	14 April 1967	12 May 1971	MSZMP	Fock MSZMP	29 (1967)
7		Lajos Faluvégi (1924–1999)	12 May 1971	15 May 1975	MSZMP		30 (1971)
			15 May 1975	27 June 1980		Lázár MSZMP
							31 (1975)
8		István Hetényi (1926–2008)	27 June 1980	31 December 1986	MSZMP		32 (1980)
							33 (1985)
9		Péter Medgyessy (1942–)	1 January 1987	25 June 1987	MSZMP
			25 June 1987	15 December 1987		Grósz MSZMP
10		Miklós Villányi (1931–)	15 December 1987	24 November 1988	MSZMP
			24 November 1988	9 May 1989		Németh (MSZMP)→MSZP
11		László Békesi (1942–)	10 May 1989	7 October 1989	MSZMP
(11)			7 October 1989	23 October 1989	MSZP

Hungarian Republic (1989–2010)

Parties       MSZP       MDF       Fidesz       Independent

No.	Portrait	Name (Birth–Death)	Term of office		Political party	Cabinet	Assembly (Election)
—		László Békesi (1942–) provisional	23 October 1989	23 May 1990	MSZP	Németh MSZP	—
1		Ferenc Rabár (1929–1999)	23 May 1990	19 December 1990	Independent	Antall MDF–FKGP–KDNP	34 (1990)
2		Mihály Kupa (1941–)	20 December 1990	11 February 1993	MDF
3		Iván Szabó (1934–2005)	24 February 1993	21 December 1993	MDF
			21 December 1993	15 July 1994		Boross MDF–EKGP–KDNP
4		László Békesi (1942–)	15 July 1994	28 February 1995	MSZP	Horn MSZP–SZDSZ	35 (1994)
5		Lajos Bokros (1954–)	1 March 1995	29 February 1996	Independent
6		Péter Medgyessy (1942–)	1 March 1996	7 Jule 1998	Independent
7		Zsigmond Járai (1951–)	8 Jule 1998	31 December 2000	Independent	Orbán I Fidesz–FKGP–MDF	36 (1998)
8		Mihály Varga (1965–) 1st term	1 January 2001	27 May 2002	Fidesz
9		Csaba László (1962–)	27 May 2002	15 February 2004	Independent	Medgyessy MSZP–SZDSZ	37 (2002)
10		Tibor Draskovics (1955–)	15 February 2004	4 October 2004	Independent
			4 October 2004	24 April 2005		Gyurcsány I MSZP–SZDSZ
11		János Veres (1957–)	24 April 2005	9 June 2006	MSZP
			9 June 2006	16 April 2009		Gyurcsány II MSZP–SZDSZ	38 (2006)
12		Péter Oszkó (1973–)	16 April 2009	29 May 2010	Independent	Bajnai MSZP

Ministers of national economy (2010–2018)

Hungarian Republic / Hungary (2010–2018)

Parties       Fidesz

No.	Portrait	Name (Birth–Death)	Term of office		Political party	Cabinet	Assembly (Election)
1		György Matolcsy (1955–)	29 May 2010	3 March 2013	Fidesz	Orbán II Fidesz–KDNP	39 (2010)
2		Mihály Varga (1965–) 2nd term	3 March 2013	6 June 2014	Fidesz
			6 June 2014	18 May 2018		Orbán III Fidesz–KDNP	40 (2014)

Ministers of finance (2018–present)

Hungarian Republic / Hungary (2018–present)

Parties       Fidesz

No.	Portrait	Name (Birth–Death)	Term of office		Political party	Cabinet	Assembly (Election)
1		Mihály Varga (1965–) 2nd term	18 May 2018	24 May 2022	Fidesz	Orbán IV Fidesz–KDNP	41 (2018)
			24 May 2022	Incumbent		Orbán V Fidesz–KDNP	42 (2022)

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)