Paying taxes: Profit tax in Hungary
Hungary: Paying taxes: Profit tax was 9.4% in 2019. ▲ Rising
Paying taxes: Profit tax in Hungary, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: profit tax in Hungary stood at 9.4%.
Compared with earlier readings it is up 3.3% on the previous year and up 1.1% over ten years.
Over the whole period, paying taxes: profit tax in Hungary peaked at 15.6% in 2010 and was at its lowest, 5.2%, in 2006.
That places Hungary 140th out of 190 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Paying taxes: Profit tax in Hungary, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 5.9% | — |
| 2006 | 5.2% | -11.9% |
| 2007 | 8.1% | +55.8% |
| 2008 | 9.3% | +14.8% |
| 2009 | 9.3% | +0.0% |
| 2010 | 15.6% | +67.7% |
| 2011 | 14.0% | -10.3% |
| 2012 | 11.5% | -17.9% |
| 2013 | 11.7% | +1.7% |
| 2014 | 11.8% | +0.9% |
| 2015 | 11.8% | +0.0% |
| 2016 | 9.9% | -16.1% |
| 2017 | 9.9% | +0.0% |
| 2018 | 9.1% | -8.1% |
| 2019 | 9.4% | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.6% | 5.2% | 9.3% | 5 |
| 2010s | 11.5% | 9.1% | 15.6% | 10 |
Countries ranked near Hungary
- 138 Ghana 10.0% compare
- 139 Paraguay 9.6% compare
- 140 Venezuela, Bolivarian Republic of 9.4% compare
- 142 Kosovo 9.3% compare
- 142 Switzerland 9.3% compare
- 142 Kosovo (UNSCR 1244) 9.3% compare
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: profit tax in Hungary?
- Paying taxes: profit tax in Hungary was 9.4% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Hungary?
- The highest recorded value was 15.6% in 2010.
- What is the lowest paying taxes: profit tax recorded in Hungary?
- The lowest recorded value was 5.2% in 2006.
- How does Hungary rank for paying taxes: profit tax?
- Hungary ranks 140th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Hungary?
- Over the last ten years it is up 1.1%. The long-run trend across the full record is rising.
- Where does this Hungary data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% 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 profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.