Paying taxes: Labor tax and contributions in Hungary
Hungary: Paying taxes: Labor tax and contributions was 26.4% in 2019. ▼ Falling
Paying taxes: Labor tax and contributions in Hungary, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: labor tax and contributions in Hungary stood at 26.4%. That is the lowest value across all 15 years on record.
That represents a change of down 9.0% on the previous year and down 33.0% over ten years.
Over the whole period, paying taxes: labor tax and contributions in Hungary peaked at 40.2% in 2005 and was at its lowest, 26.4%, in 2019.
That places Hungary 30th out of 190 countries with data for 2019, putting it in the top quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Paying taxes: Labor tax and contributions in Hungary, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 40.2% | — |
| 2006 | 40.1% | -0.2% |
| 2007 | 39.4% | -1.7% |
| 2008 | 39.4% | +0.0% |
| 2009 | 39.4% | +0.0% |
| 2010 | 37.1% | -5.8% |
| 2011 | 34.7% | -6.5% |
| 2012 | 34.9% | +0.6% |
| 2013 | 34.3% | -1.7% |
| 2014 | 34.3% | +0.0% |
| 2015 | 34.3% | +0.0% |
| 2016 | 34.3% | +0.0% |
| 2017 | 34.3% | +0.0% |
| 2018 | 29.0% | -15.5% |
| 2019 | 26.4% | -9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.7% | 39.4% | 40.2% | 5 |
| 2010s | 33.4% | 26.4% | 37.1% | 10 |
Countries ranked near Hungary
More reference data data for Hungary
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.5538 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1724 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.75 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.5679 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.75 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.86 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.09 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.6937 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 12.77 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 3.09 (2050)
Frequently asked questions
- What is paying taxes: labor tax and contributions in Hungary?
- Paying taxes: labor tax and contributions in Hungary was 26.4% in 2019, according to the World Bank.
- What is the highest paying taxes: labor tax and contributions recorded in Hungary?
- The highest recorded value was 40.2% in 2005.
- What is the lowest paying taxes: labor tax and contributions recorded in Hungary?
- The lowest recorded value was 26.4% in 2019.
- How does Hungary rank for paying taxes: labor tax and contributions?
- Hungary ranks 30th out of 190 countries with data for 2019.
- Is paying taxes: labor tax and contributions rising or falling in Hungary?
- Over the last ten years it is down 33.0%. The long-run trend across the full record is falling.
- Where does this Hungary data come from?
- The figures come from the World Bank, published as part of Paying taxes: Labor tax and contributions (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The labor tax and contributions measures all government mandated labor contributions that are borne by the business in the second year of operation, expressed as a share of commercial pro?t.