Tax to GDP ratios

The tax to GDP ratio in Hungary declined from 39.3% in 2000 to 37.3% in 2006 before rising to 40.3% in 2007 after which it subsequently declined to 35.7% in 2011.  It was higher than the OECD average over the whole period.  In 2010 it was 37.9%, 4 percentage points above the OECD average of 33.8%.

Figure 1: Tax revenue as percentage of GDP 2000 to latest available data

Tax structures

The main observations for Hungary are:

• Revenue from personal and corporate income taxes declined from 9.5% of GDP in 2000 to 6.1% in 2011 and was 7.7% of GDP in 2010, well below the OECD average of 11.3%.

• The tax ratio for Social security contributions was 12.9% in 2000 and 13.0% in 2011 and was well above the OECD average of 9.5% in 2010.

• Taxes on goods and services were very stable over the period and at 16.2% of GDP in 2010 were well above the OECD average of 11.0%.

• Property tax revenues were 1.2% of GDP in 2010, two thirds of the OECD average.

Figure 2: Tax revenue main headings as percentage of GDP, 2000, 2007, 2010, 2011 

• OECD averages are not available for 2011 as 5 OECD countries have not provided data for that year.
• More comparative information about OECD member countries is contained in the tables linked within the following webpages:
  • Tax revenue trends: tax ratios changes between 2007 and 2011
  • Tax revenue trends: tax ratios changes between 1965 and 2010
  • Tax structures: latest position (2010)
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