Taxes on income, profits and capital gains in Hungary
Hungary: Taxes on income, profits and capital gains was 18.9% in 2024. ▬ Flat
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 % of revenue.
Analysis
Hungary recorded 18.9% for taxes on income, profits and capital gains in 2024.
That represents a change of up 1.7% on the previous year and up 23.9% over ten years.
Over the whole period, taxes on income, profits and capital gains in Hungary peaked at 24.7% in 2008 and was at its lowest, 13.0%, in 1985.
That places Hungary 101st out of 153 countries with data for 2024, putting it in the middle of the range.
Taxes on income, profits and capital gains in Hungary, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1981 | 18.5% | — |
| 1982 | 16.0% | -13.6% |
| 1983 | 17.7% | +10.5% |
| 1984 | 17.6% | -0.6% |
| 1985 | 13.0% | -26.2% |
| 1986 | 16.2% | +24.8% |
| 1987 | 17.7% | +9.5% |
| 1988 | 15.6% | -11.8% |
| 1989 | 18.2% | +16.2% |
| 1990 | 17.9% | -1.5% |
| 1991 | 22.5% | +25.5% |
| 1992 | 16.2% | -27.7% |
| 1993 | 17.1% | +5.2% |
| 1994 | 16.9% | -1.1% |
| 1995 | 16.1% | -4.9% |
| 1996 | 17.8% | +10.8% |
| 1997 | 18.0% | +1.4% |
| 1998 | 17.9% | -0.6% |
| 1999 | 19.4% | +8.4% |
| 2000 | 19.7% | +1.5% |
| 2001 | 21.1% | +6.8% |
| 2002 | 21.5% | +2.0% |
| 2003 | 19.5% | -9.2% |
| 2004 | 17.9% | -8.5% |
| 2005 | 18.5% | +3.5% |
| 2006 | 19.4% | +5.1% |
| 2007 | 20.5% | +5.5% |
| 2008 | 24.7% | +20.6% |
| 2009 | 22.9% | -7.5% |
| 2010 | 19.1% | -16.6% |
| 2011 | 15.5% | -18.9% |
| 2012 | 15.4% | -0.6% |
| 2013 | 14.8% | -3.9% |
| 2014 | 15.2% | +3.1% |
| 2015 | 15.2% | -0.3% |
| 2016 | 16.9% | +11.3% |
| 2017 | 17.0% | +0.4% |
| 2018 | 15.9% | -6.2% |
| 2019 | 15.9% | -0.1% |
| 2020 | 16.3% | +2.6% |
| 2021 | 14.4% | -11.7% |
| 2022 | 17.1% | +18.9% |
| 2023 | 18.6% | +8.4% |
| 2024 | 18.9% | +1.7% |
Hungary compared with similar countries
- Hungary's 18.9% is below the median for high income countries, which is 24.5%, 77% of the median. (55 countries reporting)
- Hungary's 18.9% is below the median for Europe & Central Asia, which is 20.9%, 90% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 16.7% | 13.0% | 18.5% | 9 |
| 1990s | 18.0% | 16.1% | 22.5% | 10 |
| 2000s | 20.6% | 17.9% | 24.7% | 10 |
| 2010s | 16.1% | 14.8% | 19.1% | 10 |
| 2020s | 17.0% | 14.4% | 18.9% | 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 18.9% 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 24.7% in 2008.
- What is the lowest taxes on income, profits and capital gains recorded in Hungary?
- The lowest recorded value was 13.0% in 1985.
- How does Hungary rank for taxes on income, profits and capital gains?
- Hungary ranks 101st 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 23.9%. The long-run trend across the full record is flat.
- 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.