Hungary: Taxes on goods and services

* indicates monthly or quarterly data series
 Hungary

Taxes on goods and services, percent of total revenue

 Latest value 39.10
 Year 2021
 Measure percent
 Data availability 1981 - 2021
 Average 34.35
 Min - Max 25.61 - 40.87
 Source The World Bank
For that indicator, we provide data for Hungary from 1981 to 2021. The average value for Hungary during that period was 34.35 percent with a minimum of 25.61 percent in 1991 and a maximum of 40.87 percent in 1982. The latest value from 2021 is 39.1 percent. For comparison, the world average in 2021 based on 104 countries is 33.72 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Hungary - Taxes on goods and services - Recent values chart

Historical chart
Hungary - Taxes on goods and services - historical chart - 1981-2021




Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 20.56 2022 percent
 Government spending, in dollars 36.46 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -6.20 2022 percent
 Government debt 73.30 2022 percent
 Government expenditure 3,664.75 Q3/2023 billion
 Long-term government bond yield 7.08 9/2023 percent
 Tax revenue 21.49 2021 percent
 Commercial tax rate 37.90 2019 percent
 Tax preparation time 277 2019 hours
 Number of taxes 11 2019 taxes
 Taxes on goods and services 39.10 2021 percent
 Taxes on international trade 0.00 2021 percent
 Income and profits taxes 14.40 2021 percent
 Foreign aid 302.01 2004 million U.S. dollars
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