Hungary vs Mongolia: Taxes on income, profits and capital gains
Taxes on income, profits and capital gains over time
- Hungary
- Mongolia
How they compare
Hungary currently reports 6.06 trillion current LCU against 4.45 trillion current LCU in Mongolia, a difference of 1.61 trillion current LCU.
That makes Hungary's figure about 1.4 times Mongolia's.
Across all 31 years both countries report, Hungary has been ahead every year.
Hungary ranks 16th and Mongolia ranks 19th of 153 countries.
Hungary has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Hungary | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 494.58 billion current LCU | 22.99 billion current LCU | 471.60 billion current LCU | Hungary |
| 2000s | 1.73 trillion current LCU | 270.15 billion current LCU | 1.46 trillion current LCU | Hungary |
| 2010s | 2.30 trillion current LCU | 902.36 billion current LCU | 1.40 trillion current LCU | Hungary |
| 2020s | 4.43 trillion current LCU | 2.64 trillion current LCU | 1.79 trillion current LCU | Hungary |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Hungary or Mongolia?
- Hungary, at 6.06 trillion current LCU against 4.45 trillion current LCU in Mongolia as of 2024.
- What is the difference in taxes on income, profits and capital gains between Hungary and Mongolia?
- 1.61 trillion current LCU, with Hungary ahead.
- How many years of comparable data are there for Hungary and Mongolia?
- 31 years are reported by both, from 1992 to 2024.
- How do Hungary and Mongolia rank globally for taxes on income, profits and capital gains?
- Hungary ranks 16th and Mongolia ranks 19th of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.