Taxes on goods and services (current LCU), per unit of GDP in Hungary
Hungary: Taxes on goods and services (current LCU), per unit of GDP was 53.51 current LCU per US$ of GDP in 2024. ◆ Volatile
Taxes on goods and services (current LCU), per unit of GDP in Hungary, 1981–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Hungary recorded 53.51 current LCU per US$ of GDP for taxes on goods and services (current lcu), per unit of gdp in 2024.
The figure is up 1.2% on the previous year and up 46.8% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Hungary peaked at 58.98 current LCU per US$ of GDP in 2022 and was at its lowest, 6.74 current LCU per US$ of GDP, in 1981.
Hungary ranks 23rd of 157 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), per unit of GDP in Hungary, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1981 | 6.74 current LCU per US$ of GDP | — |
| 1982 | 7.43 current LCU per US$ of GDP | +10.2% |
| 1983 | 8.56 current LCU per US$ of GDP | +15.3% |
| 1984 | 8.21 current LCU per US$ of GDP | -4.1% |
| 1985 | 7.97 current LCU per US$ of GDP | -2.9% |
| 1986 | 7.25 current LCU per US$ of GDP | -9.0% |
| 1987 | 7.54 current LCU per US$ of GDP | +4.0% |
| 1988 | 10.66 current LCU per US$ of GDP | +41.4% |
| 1989 | 9.83 current LCU per US$ of GDP | -7.7% |
| 1990 | 10.05 current LCU per US$ of GDP | +2.2% |
| 1991 | 9 current LCU per US$ of GDP | -10.5% |
| 1992 | 9.8 current LCU per US$ of GDP | +8.9% |
| 1993 | 11.62 current LCU per US$ of GDP | +18.5% |
| 1994 | 12.81 current LCU per US$ of GDP | +10.2% |
| 1995 | 15.23 current LCU per US$ of GDP | +18.9% |
| 1996 | 18.19 current LCU per US$ of GDP | +19.5% |
| 1997 | 22.37 current LCU per US$ of GDP | +23.0% |
| 1998 | 27.03 current LCU per US$ of GDP | +20.8% |
| 1999 | 30.98 current LCU per US$ of GDP | +14.6% |
| 2000 | 38.38 current LCU per US$ of GDP | +23.9% |
| 2001 | 36.07 current LCU per US$ of GDP | -6.0% |
| 2002 | 31.49 current LCU per US$ of GDP | -12.7% |
| 2003 | 28.84 current LCU per US$ of GDP | -8.4% |
| 2004 | 27.67 current LCU per US$ of GDP | -4.0% |
| 2005 | 26.26 current LCU per US$ of GDP | -5.1% |
| 2006 | 26.57 current LCU per US$ of GDP | +1.2% |
| 2007 | 24.32 current LCU per US$ of GDP | -8.5% |
| 2008 | 22.35 current LCU per US$ of GDP | -8.1% |
| 2009 | 27.71 current LCU per US$ of GDP | +24.0% |
| 2010 | 30.52 current LCU per US$ of GDP | +10.1% |
| 2011 | 29.4 current LCU per US$ of GDP | -3.7% |
| 2012 | 35.7 current LCU per US$ of GDP | +21.5% |
| 2013 | 35.14 current LCU per US$ of GDP | -1.6% |
| 2014 | 36.46 current LCU per US$ of GDP | +3.7% |
| 2015 | 44.05 current LCU per US$ of GDP | +20.8% |
| 2016 | 42.45 current LCU per US$ of GDP | -3.6% |
| 2017 | 40.81 current LCU per US$ of GDP | -3.9% |
| 2018 | 40.48 current LCU per US$ of GDP | -0.8% |
| 2019 | 42.8 current LCU per US$ of GDP | +5.7% |
| 2020 | 46.31 current LCU per US$ of GDP | +8.2% |
| 2021 | 44.62 current LCU per US$ of GDP | -3.6% |
| 2022 | 58.98 current LCU per US$ of GDP | +32.2% |
| 2023 | 52.88 current LCU per US$ of GDP | -10.3% |
| 2024 | 53.51 current LCU per US$ of GDP | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.24 current LCU per US$ of GDP | 6.74 current LCU per US$ of GDP | 10.66 current LCU per US$ of GDP | 9 |
| 1990s | 16.71 current LCU per US$ of GDP | 9 current LCU per US$ of GDP | 30.98 current LCU per US$ of GDP | 10 |
| 2000s | 28.97 current LCU per US$ of GDP | 22.35 current LCU per US$ of GDP | 38.38 current LCU per US$ of GDP | 10 |
| 2010s | 37.78 current LCU per US$ of GDP | 29.4 current LCU per US$ of GDP | 44.05 current LCU per US$ of GDP | 10 |
| 2020s | 51.26 current LCU per US$ of GDP | 44.62 current LCU per US$ of GDP | 58.98 current LCU per US$ of GDP | 5 |
Countries ranked near Hungary
- 20 Republic of Korea 61.22 current LCU per US$ of GDP compare
- 21 Burkina Faso 57.75 current LCU per US$ of GDP compare
- 22 Myanmar 54.03 current LCU per US$ of GDP compare
- 24 Argentina 49.09 current LCU per US$ of GDP compare
- 25 Togo 46.56 current LCU per US$ of GDP compare
- 26 Armenia 46.25 current LCU per US$ of GDP 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), per unit of gdp in Hungary?
- Taxes on goods and services (current lcu), per unit of gdp in Hungary was 53.51 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Hungary?
- The highest recorded value was 58.98 current LCU per US$ of GDP in 2022.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Hungary?
- The lowest recorded value was 6.74 current LCU per US$ of GDP in 1981.
- How does Hungary rank for taxes on goods and services (current lcu), per unit of gdp?
- Hungary ranks 23rd out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Hungary?
- Over the last ten years it is up 46.8%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.