Hungary - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Hungary was 7,054,700,000,000 as of 2019. As the graph below shows, over the past 38 years this indicator reached a maximum value of 7,054,700,000,000 in 2019 and a minimum value of 159,700,000,000 in 1981.

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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1981 159,700,000,000
1982 179,300,000,000
1983 187,600,000,000
1984 174,400,000,000
1985 171,400,000,000
1986 179,700,000,000
1987 205,300,000,000
1988 317,600,000,000
1989 299,200,000,000
1990 346,500,000,000
1991 313,700,000,000
1992 380,800,000,000
1993 467,600,000,000
1994 554,600,000,000
1995 709,170,000,000
1996 851,827,000,000
1997 1,060,480,000,000
1998 1,318,470,000,000
1999 1,523,110,000,000
2000 1,814,330,000,000
2001 1,940,380,000,000
2002 2,129,840,000,000
2003 2,456,600,000,000
2004 2,878,030,000,000
2005 2,969,400,000,000
2006 3,072,180,000,000
2007 3,407,990,000,000
2008 3,536,270,000,000
2009 3,625,300,000,000
2010 4,025,490,000,000
2011 4,165,810,000,000
2012 4,586,920,000,000
2013 4,766,930,000,000
2014 5,145,100,000,000
2015 5,515,900,000,000
2016 5,474,780,000,000
2017 5,847,640,000,000
2018 6,523,050,000,000
2019 7,054,700,000,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Hungary was 37.55 as of 2019. Its highest value over the past 38 years was 40.87 in 1982, while its lowest value was 25.61 in 1991.

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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1981 38.32
1982 40.87
1983 38.72
1984 32.59
1985 31.82
1986 29.61
1987 31.09
1988 40.21
1989 32.40
1990 31.33
1991 25.61
1992 27.40
1993 27.56
1994 26.78
1995 29.27
1996 28.83
1997 31.11
1998 33.50
1999 34.59
2000 35.45
2001 33.92
2002 33.78
2003 36.01
2004 38.22
2005 37.21
2006 35.23
2007 34.48
2008 32.02
2009 33.46
2010 37.18
2011 37.76
2012 37.50
2013 36.95
2014 36.95
2015 36.41
2016 36.43
2017 36.61
2018 37.68
2019 37.55

Taxes on goods and services (% value added of industry and services)

Taxes on goods and services (% value added of industry and services) in Hungary was 18.26 as of 2019. Its highest value over the past 24 years was 19.69 in 2012, while its lowest value was 14.80 in 2002.

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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.

See also:

Year Value
1995 15.68
1996 15.32
1997 15.00
1998 15.74
1999 16.26
2000 16.96
2001 15.46
2002 14.80
2003 15.65
2004 16.78
2005 15.93
2006 15.14
2007 16.04
2008 15.78
2009 16.67
2010 17.88
2011 17.99
2012 19.69
2013 19.49
2014 19.46
2015 19.60
2016 18.68
2017 18.37
2018 18.57
2019 18.26

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance