Hungary vs Luxembourg: Financing of social security benefits in OECD member countries — Tax
Hungary
10.05 Percentage of GDP
in 2024
Luxembourg
10.73 Percentage of GDP
in 2024
Hungary rank
19th
Luxembourg rank
16th
Financing of social security benefits in OECD member countries — Tax over time
- Hungary
- Luxembourg
How they compare
Luxembourg currently reports 10.73 Percentage of GDP against 10.05 Percentage of GDP in Hungary, a difference of 0.68 Percentage of GDP.
That makes Luxembourg's figure about 1.1 times Hungary's.
The two have swapped places 1 time across 34 shared years of data; in 1991 it was Hungary ahead.
Hungary ranks 19th and Luxembourg ranks 16th of 33 countries.
Across the 4 decades both report, Hungary averaged higher in 3 and Luxembourg in 1.
Head to head by decade
| Decade | Hungary | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 14.68 Percentage of GDP | 9.73 Percentage of GDP | 4.95 Percentage of GDP | Hungary |
| 2000s | 12.15 Percentage of GDP | 10.27 Percentage of GDP | 1.88 Percentage of GDP | Hungary |
| 2010s | 12.42 Percentage of GDP | 10.48 Percentage of GDP | 1.94 Percentage of GDP | Hungary |
| 2020s | 10.24 Percentage of GDP | 10.85 Percentage of GDP | 0.6135 Percentage of GDP | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financing of social security benefits in oecd member countries — tax, Hungary or Luxembourg?
- Luxembourg, at 10.73 Percentage of GDP against 10.05 Percentage of GDP in Hungary as of 2024.
- What is the difference in financing of social security benefits in oecd member countries — tax between Hungary and Luxembourg?
- 0.68 Percentage of GDP, with Luxembourg ahead.
- How many years of comparable data are there for Hungary and Luxembourg?
- 34 years are reported by both, from 1991 to 2024.
- How do Hungary and Luxembourg rank globally for financing of social security benefits in oecd member countries — tax?
- Hungary ranks 19th and Luxembourg ranks 16th of 33 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Financing of social security benefits in OECD member countries — Tax revenue. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Compulsory payments conferring entitlement to future social benefits These are usually earmarked to finance social benefits and paid to institutions of general government.