Taxes on income, profits and capital gains in Hungary
Hungary: Taxes on income, profits and capital gains was 32.7% in 2024. ▲ Rising
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 total taxes.
Analysis
The most recent figure for taxes on income, profits and capital gains in Hungary is 32.7%, measured in 2024.
Compared with earlier readings it is up 3.1% on the previous year and up 16.5% over ten years.
Over the whole period, taxes on income, profits and capital gains in Hungary peaked at 43.0% in 2008 and was at its lowest, 21.7%, in 1985.
That places Hungary 94th out of 153 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
Taxes on income, profits and capital gains in Hungary, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1981 | 27.0% | — |
| 1982 | 23.4% | -13.4% |
| 1983 | 25.0% | +6.9% |
| 1984 | 26.7% | +6.6% |
| 1985 | 21.7% | -18.6% |
| 1986 | 25.4% | +16.8% |
| 1987 | 26.8% | +5.7% |
| 1988 | 24.5% | -8.4% |
| 1989 | 32.4% | +32.0% |
| 1990 | 32.4% | +0.0% |
| 1991 | 41.5% | +28.0% |
| 1992 | 30.6% | -26.1% |
| 1993 | 31.4% | +2.5% |
| 1994 | 31.9% | +1.4% |
| 1995 | 28.8% | -9.7% |
| 1996 | 32.2% | +12.0% |
| 1997 | 33.3% | +3.2% |
| 1998 | 32.6% | -2.1% |
| 1999 | 33.7% | +3.6% |
| 2000 | 33.9% | +0.4% |
| 2001 | 36.6% | +8.1% |
| 2002 | 37.2% | +1.7% |
| 2003 | 33.7% | -9.4% |
| 2004 | 31.3% | -7.1% |
| 2005 | 32.8% | +4.8% |
| 2006 | 35.1% | +7.0% |
| 2007 | 36.8% | +4.7% |
| 2008 | 43.0% | +17.0% |
| 2009 | 40.1% | -6.9% |
| 2010 | 33.2% | -17.0% |
| 2011 | 28.4% | -14.6% |
| 2012 | 28.4% | -0.2% |
| 2013 | 27.5% | -3.2% |
| 2014 | 28.1% | +2.3% |
| 2015 | 28.3% | +0.8% |
| 2016 | 30.4% | +7.4% |
| 2017 | 30.3% | -0.2% |
| 2018 | 28.4% | -6.5% |
| 2019 | 28.5% | +0.3% |
| 2020 | 28.6% | +0.5% |
| 2021 | 25.4% | -11.2% |
| 2022 | 28.9% | +13.8% |
| 2023 | 31.7% | +9.7% |
| 2024 | 32.7% | +3.1% |
Hungary compared with similar countries
- Hungary's 32.7% is below the median for high income countries, which is 43.9%, 75% of the median. (55 countries reporting)
- Hungary's 32.7% is below the median for Europe & Central Asia, which is 39.4%, 83% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 25.9% | 21.7% | 32.4% | 9 |
| 1990s | 32.8% | 28.8% | 41.5% | 10 |
| 2000s | 36.1% | 31.3% | 43.0% | 10 |
| 2010s | 29.1% | 27.5% | 33.2% | 10 |
| 2020s | 29.5% | 25.4% | 32.7% | 5 |
Countries ranked near Hungary
More public sector data for Hungary
- Democracy, 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)
- Elected parliament, 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)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on income, profits and capital gains in Hungary?
- Taxes on income, profits and capital gains in Hungary was 32.7% 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 43.0% in 2008.
- What is the lowest taxes on income, profits and capital gains recorded in Hungary?
- The lowest recorded value was 21.7% in 1985.
- How does Hungary rank for taxes on income, profits and capital gains?
- Hungary ranks 94th 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 16.5%. 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 income, profits and capital gains (% of total taxes). 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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.