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The tax-to-GDP ratio in Hungary increased by 0.4 percentage points, from 39.0% in 2015 to 39.4% in 2016. The corresponding figures for the OECD average were an increase of 0.3 percentage points from 34.0% to 34.3% over the same period.
These notes present selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.
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This note presents selected findings based on the set of well-being indicators published in How's Life? 2017.
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Hungary has scope to boost labour productivity by fostering innovation and continuing to intensify the links between domestic firms and public research to global innovation networks and value chains, as some sectors have been doing already.
The Secretary-General was in Budapest on Monday 26 June 2017, to attend the 2017 Conference of the Global Forum on Productivity where he delivered Welcome Remarks. He also held bilateral meetings with Hungarian high level authorities and signed an agreement to work on an SME strategy for Hungary with Mr. Mihály Varga, Minister for National Economy.
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Hungary has among the largest inter-regional gaps in GDP per capita in the OECD. These territorial imbalances could become a drag on national performance and create pressure on public budgets.
These country specific notes provide figures and commentary from the Taxation and Skills publication that examines how tax policy can encourage skills development in OECD countries.