Statizoid

Paying taxes: Time to obtain VAT refund (weeks) in Hungary

Hungary: Paying taxes: Time to obtain VAT refund (weeks) was 11.17 DB17-20 methodology in 2019. ▼ Falling

Latest (2019)
11.17 DB17-20 methodology
Change on year
down 26.4%
World rank
79th
of 101 countries
All-time high
15.17 DB17-20 methodology
in 2015
All-time low
11.17 DB17-20 methodology
in 2019
Years of data
5
2015–2019

Paying taxes: Time to obtain VAT refund (weeks) in Hungary, 2015–2019

0510152015201720192015: 15.2 DB17-20 methodology2016: 15.2 DB17-20 methodology2017: 15.2 DB17-20 methodology2018: 15.2 DB17-20 methodology2019: 11.2 DB17-20 methodology

Source: World Bank. Measured in DB17-20 methodology.

Analysis

The most recent figure for paying taxes: time to obtain vat refund (weeks) in Hungary is 11.17 DB17-20 methodology, measured in 2019. That is the lowest value across all 5 years on record.

Compared with earlier readings it is down 26.4% on the previous year and down 26.4% over five years.

Hungary ranks 79th of 101 countries on this measure, in the bottom quarter.

Countries ranked near Hungary

  1. 76 Moldova 13.31 DB17-20 methodology compare
  2. 77 Cote d'Ivoire 12.88 DB17-20 methodology compare
  3. 78 Taiwan 11.48 DB17-20 methodology compare
  4. 80 Japan 10.79 DB17-20 methodology compare
  5. 81 Serbia 10.24 DB17-20 methodology compare
  6. 82 Georgia 10.17 DB17-20 methodology compare

See the full ranking of 102 places →

More reference data data for Hungary

All data for Hungary →

Frequently asked questions

What is paying taxes: time to obtain vat refund (weeks) in Hungary?
Paying taxes: time to obtain vat refund (weeks) in Hungary was 11.17 DB17-20 methodology in 2019, according to the World Bank.
What is the highest paying taxes: time to obtain vat refund (weeks) recorded in Hungary?
The highest recorded value was 15.17 DB17-20 methodology in 2015.
What is the lowest paying taxes: time to obtain vat refund (weeks) recorded in Hungary?
The lowest recorded value was 11.17 DB17-20 methodology in 2019.
How does Hungary rank for paying taxes: time to obtain vat refund (weeks)?
Hungary ranks 79th out of 101 countries with data for 2019.
Where does this Hungary data come from?
The figures come from the World Bank, published as part of Paying taxes: Time to obtain VAT refund (weeks) (DB17-20 methodology). Statizoid updates them automatically from the source API.

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CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Paying taxes: Time to obtain VAT refund (weeks) (DB17-20 methodology)
Unit
DB17-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
102 places, 510 data points, 2015–2019
Last refreshed

The time to obtain VAT refund measures the time from purchase of the machine to the date of submission of the refund claim (this is equal to half the filing period), the length of any mandatory period that the excess output VAT must be carried forward before a claim can be made, and the time from the submission of the VAT refund claim to the date the refund is received. If a company that requests a VAT cash refund arising from a capital purchase would be selected for additional review in 50% or more of cases, the duration of the review is included in the time to obtain a VAT refund. The component indicator is computed based on the methodology in the DB17-20 studies.