Taxes on goods and services (% of revenue) in Hungary
Hungary: Taxes on goods and services (% of revenue) was 37.1% in 2024. ▲ Rising
Taxes on goods and services in Hungary, 1981–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, taxes on goods and services in Hungary stood at 37.1%.
Compared with earlier readings it is down 2.9% on the previous year and up 0.5% over ten years.
Over the whole period, taxes on goods and services in Hungary peaked at 40.9% in 1982 and was at its lowest, 25.6%, in 1991.
Hungary ranks 48th of 156 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
Taxes on goods and services (% of revenue) in Hungary, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1981 | 38.3% | — |
| 1982 | 40.9% | +6.7% |
| 1983 | 38.7% | -5.3% |
| 1984 | 32.6% | -15.8% |
| 1985 | 31.8% | -2.4% |
| 1986 | 29.6% | -6.9% |
| 1987 | 31.1% | +5.0% |
| 1988 | 40.2% | +29.3% |
| 1989 | 32.4% | -19.4% |
| 1990 | 31.3% | -3.3% |
| 1991 | 25.6% | -18.3% |
| 1992 | 27.4% | +7.0% |
| 1993 | 27.6% | +0.6% |
| 1994 | 26.8% | -2.8% |
| 1995 | 29.3% | +9.3% |
| 1996 | 28.8% | -1.5% |
| 1997 | 31.1% | +7.9% |
| 1998 | 33.5% | +7.7% |
| 1999 | 34.6% | +3.2% |
| 2000 | 35.5% | +2.5% |
| 2001 | 33.9% | -4.3% |
| 2002 | 33.8% | -0.4% |
| 2003 | 36.0% | +6.6% |
| 2004 | 38.2% | +6.2% |
| 2005 | 37.2% | -2.7% |
| 2006 | 35.2% | -5.3% |
| 2007 | 34.5% | -2.1% |
| 2008 | 32.0% | -7.1% |
| 2009 | 33.5% | +4.5% |
| 2010 | 37.2% | +11.1% |
| 2011 | 37.8% | +1.5% |
| 2012 | 37.5% | -0.7% |
| 2013 | 37.0% | -1.5% |
| 2014 | 36.9% | -0.0% |
| 2015 | 36.4% | -1.4% |
| 2016 | 36.4% | +0.1% |
| 2017 | 36.4% | -0.1% |
| 2018 | 37.4% | +2.8% |
| 2019 | 37.0% | -1.2% |
| 2020 | 37.8% | +2.2% |
| 2021 | 39.1% | +3.5% |
| 2022 | 40.0% | +2.3% |
| 2023 | 38.2% | -4.4% |
| 2024 | 37.1% | -2.9% |
Hungary compared with similar countries
- Hungary's 37.1% is above the median for high income countries, which is 26.4%, 1.4× the median. (57 countries reporting)
- Hungary's 37.1% is above the median for Europe & Central Asia, which is 31.1%, 1.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 35.1% | 29.6% | 40.9% | 9 |
| 1990s | 29.6% | 25.6% | 34.6% | 10 |
| 2000s | 35.0% | 32.0% | 38.2% | 10 |
| 2010s | 37.0% | 36.4% | 37.8% | 10 |
| 2020s | 38.4% | 37.1% | 40.0% | 5 |
Countries ranked near Hungary
- 45 Latvia 38.9% compare
- 46 North Macedonia 38.3% compare
- 47 Nepal 38.0% compare
- 49 El Salvador 37.0% compare
- 50 Peru 36.3% compare
- 51 Cape Verde 36.2% compare
More public sector data for Hungary
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 402.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is taxes on goods and services in Hungary?
- Taxes on goods and services in Hungary was 37.1% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Hungary?
- The highest recorded value was 40.9% in 1982.
- What is the lowest taxes on goods and services recorded in Hungary?
- The lowest recorded value was 25.6% in 1991.
- How does Hungary rank for taxes on goods and services?
- Hungary ranks 48th out of 156 countries with data for 2024.
- Is taxes on goods and services rising or falling in Hungary?
- Over the last ten years it is up 0.5%. The long-run trend across the full record is rising.
- 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 Taxes on goods and services (% of revenue). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.