Hungary vs Luxembourg: Social contributions
Hungary
26.5%
in 2024
Luxembourg
27.1%
in 2024
Hungary rank
36th
Luxembourg rank
35th
Social contributions over time
- Hungary
- Luxembourg
How they compare
Luxembourg currently reports 27.1% against 26.5% in Hungary, a difference of 0.6%.
The two have swapped places 4 times across 44 shared years of data; in 1981 it was Luxembourg ahead.
Hungary ranks 36th and Luxembourg ranks 35th of 112 countries.
Across the 5 decades both report, Hungary averaged higher in 3 and Luxembourg in 2.
Head to head by decade
| Decade | Hungary | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 22.1% | 24.5% | 2.4% | Luxembourg |
| 1990s | 33.0% | 26.8% | 6.2% | Hungary |
| 2000s | 34.1% | 28.9% | 5.2% | Hungary |
| 2010s | 31.2% | 29.4% | 1.9% | Hungary |
| 2020s | 26.5% | 28.9% | 2.4% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, Hungary or Luxembourg?
- Luxembourg, at 27.1% against 26.5% in Hungary as of 2024.
- What is the difference in social contributions between Hungary and Luxembourg?
- 0.6%, with Luxembourg ahead.
- How many years of comparable data are there for Hungary and Luxembourg?
- 44 years are reported by both, from 1981 to 2024.
- How do Hungary and Luxembourg rank globally for social contributions?
- Hungary ranks 36th and Luxembourg ranks 35th of 112 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Social contributions (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.