Taxes on payroll and workforce, Ratio of this level of government's in Hungary
Hungary: Taxes on payroll and workforce, Ratio of this level of government's was 0.981 in 2020. ▲ Rising
Taxes on payroll and workforce, Ratio of this level of government's in Hungary, 1995–2020
Source: International Monetary Fund.
Analysis
Hungary recorded 0.981 for taxes on payroll and workforce, ratio of this level of government's in 2020. That is the highest value across all 26 years on record.
That represents a change of up 0.2% on the previous year and up 8.2% over ten years.
Over the whole period, taxes on payroll and workforce, ratio of this level of government's in Hungary peaked at 0.981 in 2020 and was at its lowest, 0.8139, in 2007.
That places Hungary 26th out of 37 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Taxes on payroll and workforce, Ratio of this level of government's in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.8416 | — |
| 1996 | 0.8302 | -1.4% |
| 1997 | 0.9161 | +10.4% |
| 1998 | 0.8877 | -3.1% |
| 1999 | 0.9062 | +2.1% |
| 2000 | 0.9287 | +2.5% |
| 2001 | 0.9392 | +1.1% |
| 2002 | 0.9487 | +1.0% |
| 2003 | 0.9526 | +0.4% |
| 2004 | 0.964 | +1.2% |
| 2005 | 0.9716 | +0.8% |
| 2006 | 0.9718 | +0.0% |
| 2007 | 0.8139 | -16.2% |
| 2008 | 0.9075 | +11.5% |
| 2009 | 0.8601 | -5.2% |
| 2010 | 0.9068 | +5.4% |
| 2011 | 0.9039 | -0.3% |
| 2012 | 0.9181 | +1.6% |
| 2013 | 0.9537 | +3.9% |
| 2014 | 0.9559 | +0.2% |
| 2015 | 0.9575 | +0.2% |
| 2016 | 0.9681 | +1.1% |
| 2017 | 0.9625 | -0.6% |
| 2018 | 0.9729 | +1.1% |
| 2019 | 0.9794 | +0.7% |
| 2020 | 0.981 | +0.2% |
Hungary compared with similar countries
- Hungary's 0.981 is below the median for Europe & Central Asia, which is 1, 98% of the median. (23 countries reporting)
- Hungary's 0.981 is below the median for high income countries, which is 1, 98% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8763 | 0.8302 | 0.9161 | 5 |
| 2000s | 0.9258 | 0.8139 | 0.9718 | 10 |
| 2010s | 0.9479 | 0.9039 | 0.9794 | 10 |
| 2020s | 0.981 | 0.981 | 0.981 | 1 |
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 payroll and workforce, ratio of this level of government's in Hungary?
- Taxes on payroll and workforce, ratio of this level of government's in Hungary was 0.981 in 2020, according to International Monetary Fund.
- What is the highest taxes on payroll and workforce, ratio of this level of government's recorded in Hungary?
- The highest recorded value was 0.981 in 2020.
- What is the lowest taxes on payroll and workforce, ratio of this level of government's recorded in Hungary?
- The lowest recorded value was 0.8139 in 2007.
- How does Hungary rank for taxes on payroll and workforce, ratio of this level of government's?
- Hungary ranks 26th out of 37 countries with data for 2020.
- Is taxes on payroll and workforce, ratio of this level of government's rising or falling in Hungary?
- Over the last ten years it is up 8.2%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from International Monetary Fund, published as part of Taxes on payroll and workforce, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.