Tax revenue in Hungary
Hungary: Tax revenue was 22.7% in 2024. ▼ Falling
Tax revenue in Hungary, 1981–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for tax revenue in Hungary is 22.7%, measured in 2024.
That represents a change of down 0.8% on the previous year and down 1.1% over ten years.
Over the whole period, tax revenue in Hungary peaked at 36.6% in 1983 and was at its lowest, 19.8%, in 2006.
That places Hungary 32nd out of 157 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 44 years of available data.
Tax revenue in Hungary, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1981 | 35.1% | — |
| 1982 | 33.9% | -3.4% |
| 1983 | 36.6% | +8.0% |
| 1984 | 34.6% | -5.7% |
| 1985 | 29.9% | -13.6% |
| 1986 | 34.1% | +14.3% |
| 1987 | 34.1% | +0.1% |
| 1988 | 33.5% | -1.8% |
| 1989 | 28.8% | -14.0% |
| 1990 | 28.0% | -2.8% |
| 1991 | 25.5% | -9.2% |
| 1992 | 24.0% | -5.8% |
| 1993 | 24.9% | +3.9% |
| 1994 | 24.1% | -3.3% |
| 1995 | 23.1% | -4.2% |
| 1996 | 22.8% | -1.1% |
| 1997 | 20.9% | -8.5% |
| 1998 | 20.7% | -0.8% |
| 1999 | 21.8% | +5.0% |
| 2000 | 22.4% | +2.7% |
| 2001 | 21.4% | -4.3% |
| 2002 | 20.9% | -2.3% |
| 2003 | 20.7% | -1.0% |
| 2004 | 20.4% | -1.5% |
| 2005 | 19.9% | -2.3% |
| 2006 | 19.8% | -0.5% |
| 2007 | 21.4% | +7.9% |
| 2008 | 23.3% | +8.8% |
| 2009 | 23.3% | +0.3% |
| 2010 | 22.6% | -3.0% |
| 2011 | 21.1% | -6.9% |
| 2012 | 22.9% | +8.8% |
| 2013 | 22.9% | -0.2% |
| 2014 | 23.0% | +0.6% |
| 2015 | 23.2% | +1.0% |
| 2016 | 23.0% | -1.0% |
| 2017 | 22.9% | -0.7% |
| 2018 | 22.5% | -1.7% |
| 2019 | 22.2% | -0.9% |
| 2020 | 22.7% | +2.0% |
| 2021 | 21.3% | -5.9% |
| 2022 | 23.4% | +9.8% |
| 2023 | 22.9% | -2.2% |
| 2024 | 22.7% | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 33.4% | 28.8% | 36.6% | 9 |
| 1990s | 23.6% | 20.7% | 28.0% | 10 |
| 2000s | 21.3% | 19.8% | 23.3% | 10 |
| 2010s | 22.6% | 21.1% | 23.2% | 10 |
| 2020s | 22.6% | 21.3% | 23.4% | 5 |
Countries ranked near Hungary
More public sector data for Hungary
- Arms imports 604.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 63.17 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0027 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 146.53 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 604.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 495.15 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0212 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 8.71 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 4.73 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2,685 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is tax revenue in Hungary?
- Tax revenue in Hungary was 22.7% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Hungary?
- The highest recorded value was 36.6% in 1983.
- What is the lowest tax revenue recorded in Hungary?
- The lowest recorded value was 19.8% in 2006.
- How does Hungary rank for tax revenue?
- Hungary ranks 32nd out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Hungary?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is falling.
- Where does this Hungary data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.