SUT Taxes less subsidies on products as a share of final consumption in Hungary
Hungary: SUT Taxes less subsidies on products as a share of final consumption was 14.25 Percentage of household final consumption expenditure at purchasers' prices in t in 2023. ▼ Falling
SUT Taxes less subsidies on products as a share of final consumption in Hungary, 2010–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of household final consumption expenditure at purchasers' prices in t.
Analysis
The most recent figure for sut taxes less subsidies on products as a share of final consumption in Hungary is 14.25 Percentage of household final consumption expenditure at purchasers' prices in t, measured in 2023. That is the lowest value across all 14 years on record.
The figure is down 10.2% on the previous year and down 19.6% over ten years.
Over the whole period, sut taxes less subsidies on products as a share of final consumption in Hungary peaked at 18.91 Percentage of household final consumption expenditure at purchasers' prices in t in 2015 and was at its lowest, 14.25 Percentage of household final consumption expenditure at purchasers' prices in t, in 2023.
Hungary ranks 3rd of 20 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 14 years of available data.
SUT Taxes less subsidies on products as a share of final consumption in Hungary, year by year
| Year | Percentage of household final consumption expenditure at purchasers' prices in t | Change |
|---|---|---|
| 2010 | 17.33 Percentage of household final consumption expenditure at purchasers' prices in t | — |
| 2011 | 17.39 Percentage of household final consumption expenditure at purchasers' prices in t | +0.4% |
| 2012 | 18.33 Percentage of household final consumption expenditure at purchasers' prices in t | +5.4% |
| 2013 | 17.72 Percentage of household final consumption expenditure at purchasers' prices in t | -3.3% |
| 2014 | 18.24 Percentage of household final consumption expenditure at purchasers' prices in t | +3.0% |
| 2015 | 18.91 Percentage of household final consumption expenditure at purchasers' prices in t | +3.7% |
| 2016 | 18.59 Percentage of household final consumption expenditure at purchasers' prices in t | -1.7% |
| 2017 | 17.92 Percentage of household final consumption expenditure at purchasers' prices in t | -3.6% |
| 2018 | 18.59 Percentage of household final consumption expenditure at purchasers' prices in t | +3.8% |
| 2019 | 17.95 Percentage of household final consumption expenditure at purchasers' prices in t | -3.4% |
| 2020 | 18.4 Percentage of household final consumption expenditure at purchasers' prices in t | +2.5% |
| 2021 | 17.87 Percentage of household final consumption expenditure at purchasers' prices in t | -2.9% |
| 2022 | 15.87 Percentage of household final consumption expenditure at purchasers' prices in t | -11.2% |
| 2023 | 14.25 Percentage of household final consumption expenditure at purchasers' prices in t | -10.2% |
Hungary compared with similar countries
- Hungary's 14.25 Percentage of household final consumption expenditure at purchasers' prices in t is above the median for Europe & Central Asia, which is 11.92 Percentage of household final consumption expenditure at purchasers' prices in t, 1.2× the median. (14 countries reporting)
- Hungary's 14.25 Percentage of household final consumption expenditure at purchasers' prices in t is above the median for high income countries, which is 11.33 Percentage of household final consumption expenditure at purchasers' prices in t, 1.3× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18.1 Percentage of household final consumption expenditure at purchasers' prices in t | 17.33 Percentage of household final consumption expenditure at purchasers' prices in t | 18.91 Percentage of household final consumption expenditure at purchasers' prices in t | 10 |
| 2020s | 16.6 Percentage of household final consumption expenditure at purchasers' prices in t | 14.25 Percentage of household final consumption expenditure at purchasers' prices in t | 18.4 Percentage of household final consumption expenditure at purchasers' prices in t | 4 |
Countries ranked near Hungary
- 1 Croatia 15.71 Percentage of household final consumption expenditure at purchasers' prices in t compare
- 1 Denmark 15.69 Percentage of household final consumption expenditure at purchasers' prices in t compare
- 1 Estonia 15.5 Percentage of household final consumption expenditure at purchasers' prices in t compare
- 2 Netherlands 11.59 Percentage of household final consumption expenditure at purchasers' prices in t compare
- 2 Finland 15.21 Percentage of household final consumption expenditure at purchasers' prices in t compare
- 3 Lithuania 9.92 Percentage of household final consumption expenditure at purchasers' prices in t compare
- 4 Austria 12.76 Percentage of household final consumption expenditure at purchasers' prices in t compare
- 5 Luxembourg 12.69 Percentage of household final consumption expenditure at purchasers' prices in t compare
- 6 Portugal 12.4 Percentage of household final consumption expenditure at purchasers' prices in t compare
More economy & growth data for Hungary
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -60.84 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.2468 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -6,395 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -69.94 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -14.09 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.2837 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -7,351 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.3 % change on previous year (2025)
Frequently asked questions
- What is sut taxes less subsidies on products as a share of final consumption in Hungary?
- Sut taxes less subsidies on products as a share of final consumption in Hungary was 14.25 Percentage of household final consumption expenditure at purchasers' prices in t in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest sut taxes less subsidies on products as a share of final consumption recorded in Hungary?
- The highest recorded value was 18.91 Percentage of household final consumption expenditure at purchasers' prices in t in 2015.
- What is the lowest sut taxes less subsidies on products as a share of final consumption recorded in Hungary?
- The lowest recorded value was 14.25 Percentage of household final consumption expenditure at purchasers' prices in t in 2023.
- How does Hungary rank for sut taxes less subsidies on products as a share of final consumption?
- Hungary ranks 3rd out of 20 countries with data for 2023.
- Is sut taxes less subsidies on products as a share of final consumption rising or falling in Hungary?
- Over the last ten years it is down 19.6%. The long-run trend across the full record is falling.
- Where does this Hungary data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of SUT Taxes less subsidies on products as a share of final consumption expenditure by households. Statizoid updates them automatically from the source API.
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About this data
Taxes (subsidies) on products are payable (received) based on the quantity or the value of the goods and services. The main component of taxes on products is the value added tax (VAT). The indicator is for that part of taxes less subsidies on products that relates to household final consumption.For each product, the indicator is calculated as Taxes less subsidies of the product related to final consumption expenditure by households / Total final consumption expenditure by households at purchasers ‘prices of the same product. This indicator is calculated by the OECD from the taxes less subsidies on products matrix and the Use table at purchasers’ prices reported to the OECD by countries in their answers to Supply and Use questionnaire. The dataset corresponds to SNA_TABLE45 dataset in the previous dissemination system. A mapping between the new codes and previous codes is available in SUT_INDICATOR_Codes_mapping Explore the OECD SUT webpage SUT webpage