Taxes on goods and services (current LCU), annual growth rate in Hungary
Hungary: Taxes on goods and services (current LCU), annual growth rate was 5.84 % change on previous year in 2024. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Hungary, 1982–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Hungary recorded 5.84 % change on previous year for taxes on goods and services (current lcu), annual growth rate in 2024.
Compared with earlier readings it is down 26.3% on the previous year and down 26.4% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Hungary peaked at 54.7 % change on previous year in 1988 and was at its lowest, -9.47 % change on previous year, in 1991.
That places Hungary 104th out of 156 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), annual growth rate in Hungary, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1982 | 12.27 % change on previous year | — |
| 1983 | 4.63 % change on previous year | -62.3% |
| 1984 | -7.04 % change on previous year | -252.0% |
| 1985 | -1.72 % change on previous year | -75.6% |
| 1986 | 4.84 % change on previous year | -381.5% |
| 1987 | 14.25 % change on previous year | +194.2% |
| 1988 | 54.7 % change on previous year | +284.0% |
| 1989 | -5.79 % change on previous year | -110.6% |
| 1990 | 15.81 % change on previous year | -372.9% |
| 1991 | -9.47 % change on previous year | -159.9% |
| 1992 | 21.39 % change on previous year | -326.0% |
| 1993 | 22.79 % change on previous year | +6.6% |
| 1994 | 18.61 % change on previous year | -18.4% |
| 1995 | 27.87 % change on previous year | +49.8% |
| 1996 | 20.12 % change on previous year | -27.8% |
| 1997 | 24.49 % change on previous year | +21.8% |
| 1998 | 24.33 % change on previous year | -0.7% |
| 1999 | 15.52 % change on previous year | -36.2% |
| 2000 | 19.12 % change on previous year | +23.2% |
| 2001 | 6.95 % change on previous year | -63.7% |
| 2002 | 9.76 % change on previous year | +40.5% |
| 2003 | 15.34 % change on previous year | +57.1% |
| 2004 | 17.16 % change on previous year | +11.8% |
| 2005 | 3.17 % change on previous year | -81.5% |
| 2006 | 3.46 % change on previous year | +9.0% |
| 2007 | 10.93 % change on previous year | +215.8% |
| 2008 | 3.76 % change on previous year | -65.6% |
| 2009 | 2.52 % change on previous year | -33.1% |
| 2010 | 11.04 % change on previous year | +338.5% |
| 2011 | 3.49 % change on previous year | -68.4% |
| 2012 | 10.11 % change on previous year | +190.0% |
| 2013 | 3.92 % change on previous year | -61.2% |
| 2014 | 7.93 % change on previous year | +102.1% |
| 2015 | 7.23 % change on previous year | -8.9% |
| 2016 | -0.7433 % change on previous year | -110.3% |
| 2017 | 6.82 % change on previous year | -1017.4% |
| 2018 | 11.55 % change on previous year | +69.4% |
| 2019 | 8.18 % change on previous year | -29.2% |
| 2020 | 3.95 % change on previous year | -51.7% |
| 2021 | 11.46 % change on previous year | +189.9% |
| 2022 | 27.63 % change on previous year | +141.2% |
| 2023 | 7.92 % change on previous year | -71.3% |
| 2024 | 5.84 % change on previous year | -26.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.52 % change on previous year | -7.04 % change on previous year | 54.7 % change on previous year | 8 |
| 1990s | 18.15 % change on previous year | -9.47 % change on previous year | 27.87 % change on previous year | 10 |
| 2000s | 9.22 % change on previous year | 2.52 % change on previous year | 19.12 % change on previous year | 10 |
| 2010s | 6.95 % change on previous year | -0.7433 % change on previous year | 11.55 % change on previous year | 10 |
| 2020s | 11.36 % change on previous year | 3.95 % change on previous year | 27.63 % change on previous year | 5 |
Countries ranked near Hungary
- 101 Republic of Korea 6.45 % change on previous year compare
- 102 Netherlands 6.4 % change on previous year compare
- 103 Uruguay 6.37 % change on previous year compare
- 105 Congo 5.63 % change on previous year compare
- 106 Botswana 5.56 % change on previous year compare
- 107 Italy 5.54 % change on previous year compare
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 taxes on goods and services (current lcu), annual growth rate in Hungary?
- Taxes on goods and services (current lcu), annual growth rate in Hungary was 5.84 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Hungary?
- The highest recorded value was 54.7 % change on previous year in 1988.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Hungary?
- The lowest recorded value was -9.47 % change on previous year in 1991.
- How does Hungary rank for taxes on goods and services (current lcu), annual growth rate?
- Hungary ranks 104th out of 156 countries with data for 2024.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Hungary?
- Over the last ten years it is down 26.4%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.