Taxes on incomes of individuals and corporations as share of GDP in Hungary
Hungary: Taxes on incomes of individuals and corporations as share of GDP was 7.5% in 2023. ▼ Falling
Taxes on incomes of individuals and corporations as share of GDP in Hungary, 1991–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in %.
Analysis
In 2023, taxes on incomes of individuals and corporations as share of gdp in Hungary stood at 7.5%.
The figure is up 6.9% on the previous year and up 13.1% over ten years.
Over the whole period, taxes on incomes of individuals and corporations as share of gdp in Hungary peaked at 12.3% in 1991 and was at its lowest, 5.5%, in 2021.
That places Hungary 68th out of 184 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 33 years of available data.
Taxes on incomes of individuals and corporations as share of GDP in Hungary, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 12.3% | — |
| 1992 | 9.7% | -21.4% |
| 1993 | 9.4% | -3.1% |
| 1994 | 9.0% | -4.2% |
| 1995 | 8.5% | -4.8% |
| 1996 | 8.7% | +1.5% |
| 1997 | 8.2% | -5.4% |
| 1998 | 8.4% | +2.1% |
| 1999 | 9.0% | +7.0% |
| 2000 | 9.4% | +4.5% |
| 2001 | 9.7% | +3.1% |
| 2002 | 9.8% | +1.9% |
| 2003 | 9.2% | -6.7% |
| 2004 | 8.7% | -5.3% |
| 2005 | 8.6% | -1.1% |
| 2006 | 8.9% | +3.7% |
| 2007 | 9.9% | +10.7% |
| 2008 | 10.2% | +3.0% |
| 2009 | 9.5% | -6.9% |
| 2010 | 7.6% | -19.4% |
| 2011 | 6.1% | -19.7% |
| 2012 | 6.8% | +10.7% |
| 2013 | 6.6% | -2.2% |
| 2014 | 6.8% | +2.8% |
| 2015 | 6.9% | +1.9% |
| 2016 | 7.4% | +6.9% |
| 2017 | 7.3% | -1.7% |
| 2018 | 6.7% | -7.9% |
| 2019 | 6.4% | -4.8% |
| 2020 | 6.5% | +2.3% |
| 2021 | 5.5% | -16.5% |
| 2022 | 7.0% | +28.4% |
| 2023 | 7.5% | +6.9% |
Hungary compared with similar countries
- Hungary's 7.5% is below the median for high income countries, which is 10.0%, 75% of the median. (63 countries reporting)
- Hungary's 7.5% is below the median for Europe & Central Asia, which is 8.9%, 84% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.2% | 8.2% | 12.3% | 9 |
| 2000s | 9.4% | 8.6% | 10.2% | 10 |
| 2010s | 6.9% | 6.1% | 7.6% | 10 |
| 2020s | 6.6% | 5.5% | 7.5% | 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)
- 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 taxes on incomes of individuals and corporations as share of gdp in Hungary?
- Taxes on incomes of individuals and corporations as share of gdp in Hungary was 7.5% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on incomes of individuals and corporations as share of gdp recorded in Hungary?
- The highest recorded value was 12.3% in 1991.
- What is the lowest taxes on incomes of individuals and corporations as share of gdp recorded in Hungary?
- The lowest recorded value was 5.5% in 2021.
- How does Hungary rank for taxes on incomes of individuals and corporations as share of gdp?
- Hungary ranks 68th out of 184 countries with data for 2023.
- Is taxes on incomes of individuals and corporations as share of gdp rising or falling in Hungary?
- Over the last ten years it is up 13.1%. The long-run trend across the full record is falling.
- Where does this Hungary data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on incomes of individuals and corporations as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.