Taxes on income, profits and capital gains in Hungary
Hungary: Taxes on income, profits and capital gains was 6.06 trillion current LCU in 2024. ◆ Volatile
Taxes on income, profits and capital gains in Hungary, 1981–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Hungary recorded 6.06 trillion current LCU for taxes on income, profits and capital gains in 2024. That is the highest value across all 44 years on record.
Compared with earlier readings it is up 10.9% on the previous year and up 185.9% over ten years.
Over the whole period, taxes on income, profits and capital gains in Hungary peaked at 6.06 trillion current LCU in 2024 and was at its lowest, 69.90 billion current LCU, in 1985.
Hungary ranks 16th of 153 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on income, profits and capital gains in Hungary, year by year
| Year | current LCU | Change |
|---|---|---|
| 1981 | 77.20 billion current LCU | — |
| 1982 | 70.20 billion current LCU | -9.1% |
| 1983 | 85.70 billion current LCU | +22.1% |
| 1984 | 94.10 billion current LCU | +9.8% |
| 1985 | 69.90 billion current LCU | -25.7% |
| 1986 | 98.30 billion current LCU | +40.6% |
| 1987 | 117.10 billion current LCU | +19.1% |
| 1988 | 123.60 billion current LCU | +5.6% |
| 1989 | 167.90 billion current LCU | +35.8% |
| 1990 | 198.00 billion current LCU | +17.9% |
| 1991 | 275.20 billion current LCU | +39.0% |
| 1992 | 225.60 billion current LCU | -18.0% |
| 1993 | 289.70 billion current LCU | +28.4% |
| 1994 | 349.70 billion current LCU | +20.7% |
| 1995 | 388.95 billion current LCU | +11.2% |
| 1996 | 525.74 billion current LCU | +35.2% |
| 1997 | 615.03 billion current LCU | +17.0% |
| 1998 | 705.94 billion current LCU | +14.8% |
| 1999 | 856.02 billion current LCU | +21.3% |
| 2000 | 1.01 trillion current LCU | +18.0% |
| 2001 | 1.21 trillion current LCU | +19.4% |
| 2002 | 1.36 trillion current LCU | +12.4% |
| 2003 | 1.33 trillion current LCU | -1.7% |
| 2004 | 1.35 trillion current LCU | +1.0% |
| 2005 | 1.48 trillion current LCU | +9.7% |
| 2006 | 1.69 trillion current LCU | +14.8% |
| 2007 | 2.02 trillion current LCU | +19.5% |
| 2008 | 2.73 trillion current LCU | +34.8% |
| 2009 | 2.48 trillion current LCU | -9.2% |
| 2010 | 2.06 trillion current LCU | -16.6% |
| 2011 | 1.71 trillion current LCU | -17.3% |
| 2012 | 1.88 trillion current LCU | +10.2% |
| 2013 | 1.91 trillion current LCU | +1.3% |
| 2014 | 2.12 trillion current LCU | +11.3% |
| 2015 | 2.30 trillion current LCU | +8.5% |
| 2016 | 2.54 trillion current LCU | +10.4% |
| 2017 | 2.73 trillion current LCU | +7.4% |
| 2018 | 2.77 trillion current LCU | +1.8% |
| 2019 | 3.03 trillion current LCU | +9.4% |
| 2020 | 3.17 trillion current LCU | +4.3% |
| 2021 | 3.01 trillion current LCU | -4.9% |
| 2022 | 4.47 trillion current LCU | +48.3% |
| 2023 | 5.47 trillion current LCU | +22.4% |
| 2024 | 6.06 trillion current LCU | +10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 100.44 billion current LCU | 69.90 billion current LCU | 167.90 billion current LCU | 9 |
| 1990s | 442.99 billion current LCU | 198.00 billion current LCU | 856.02 billion current LCU | 10 |
| 2000s | 1.66 trillion current LCU | 1.01 trillion current LCU | 2.73 trillion current LCU | 10 |
| 2010s | 2.30 trillion current LCU | 1.71 trillion current LCU | 3.03 trillion current LCU | 10 |
| 2020s | 4.43 trillion current LCU | 3.01 trillion current LCU | 6.06 trillion current LCU | 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 taxes on income, profits and capital gains in Hungary?
- Taxes on income, profits and capital gains in Hungary was 6.06 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Hungary?
- The highest recorded value was 6.06 trillion current LCU in 2024.
- What is the lowest taxes on income, profits and capital gains recorded in Hungary?
- The lowest recorded value was 69.90 billion current LCU in 1985.
- How does Hungary rank for taxes on income, profits and capital gains?
- Hungary ranks 16th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Hungary?
- Over the last ten years it is up 185.9%. The long-run trend across the full record is volatile.
- 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 income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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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.