Taxes on goods and services gdp in Hungary
Hungary: Taxes on goods and services gdp was 15.7 in 2023. ▲ Rising
Latest (2023)
15.7
Change on year
down 6.5%
World rank
9th
of 186 countries
All-time high
17.21
in 2012
All-time low
12.12
in 1991
Years of data
33
1991–2023
Taxes on goods and services gdp in Hungary, 1991–2023
Source: Our World in Data.
Analysis
Hungary recorded 15.7 for taxes on goods and services gdp in 2023.
The figure is down 6.5% on the previous year and down 7.6% over ten years.
Over the whole period, taxes on goods and services gdp in Hungary peaked at 17.21 in 2012 and was at its lowest, 12.12, in 1991.
That places Hungary 9th out of 186 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 33 years of available data.
Taxes on goods and services gdp in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 12.12 | — |
| 1992 | 12.89 | +6.4% |
| 1993 | 13.53 | +4.9% |
| 1994 | 12.8 | -5.4% |
| 1995 | 12.64 | -1.3% |
| 1996 | 12.94 | +2.4% |
| 1997 | 13.38 | +3.4% |
| 1998 | 13.72 | +2.5% |
| 1999 | 14.62 | +6.6% |
| 2000 | 14.98 | +2.5% |
| 2001 | 14.19 | -5.3% |
| 2002 | 13.68 | -3.6% |
| 2003 | 14.45 | +5.6% |
| 2004 | 15.39 | +6.6% |
| 2005 | 14.89 | -3.3% |
| 2006 | 14.39 | -3.4% |
| 2007 | 15.2 | +5.6% |
| 2008 | 15.03 | -1.1% |
| 2009 | 15.74 | +4.7% |
| 2010 | 16.11 | +2.4% |
| 2011 | 16.03 | -0.5% |
| 2012 | 17.21 | +7.4% |
| 2013 | 16.99 | -1.3% |
| 2014 | 16.92 | -0.4% |
| 2015 | 17.1 | +1.0% |
| 2016 | 16.68 | -2.4% |
| 2017 | 16.44 | -1.4% |
| 2018 | 16.63 | +1.2% |
| 2019 | 16.42 | -1.3% |
| 2020 | 16.41 | -0.1% |
| 2021 | 16.08 | -2.0% |
| 2022 | 16.79 | +4.4% |
| 2023 | 15.7 | -6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.18 | 12.12 | 14.62 | 9 |
| 2000s | 14.79 | 13.68 | 15.74 | 10 |
| 2010s | 16.65 | 16.03 | 17.21 | 10 |
| 2020s | 16.25 | 15.7 | 16.79 | 4 |
Countries ranked near Hungary
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)
- GNI, Atlas method (current US$), annual growth rate 14.07 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9205 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 23,847 current US$ per person (2025)
- GNI (current US$), annual growth rate 10.08 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9759 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 25,282 current US$ per person (2025)
- GNI (current LCU), annual growth rate 6.3 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 344.62 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is taxes on goods and services gdp in Hungary?
- Taxes on goods and services gdp in Hungary was 15.7 in 2023, according to Our World in Data.
- What is the highest taxes on goods and services gdp recorded in Hungary?
- The highest recorded value was 17.21 in 2012.
- What is the lowest taxes on goods and services gdp recorded in Hungary?
- The lowest recorded value was 12.12 in 1991.
- How does Hungary rank for taxes on goods and services gdp?
- Hungary ranks 9th out of 186 countries with data for 2023.
- Is taxes on goods and services gdp rising or falling in Hungary?
- Over the last ten years it is down 7.6%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from Our World in Data, published as part of Taxes on goods and services gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (Our World in Data).