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Government Finance of Hungary

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

16.1% 29.3% 45.4%
  • Personal income taxes: 16.1%
  • Corporate income taxes: 5.2%
  • Social security contributions: 29.3%
  • Payroll taxes: 1.7%
  • Property taxes: 2.1%
  • Goods and services taxes: 45.4%
  • Other taxes: 0.3%
Show table
Personal income taxes
16.1%
Corporate income taxes
5.2%
Social security contributions
29.3%
Payroll taxes
1.7%
Property taxes
2.1%
Goods and services taxes
45.4%
Other taxes
0.3%

Source: OECD Global Revenue Statistics Database, 2024.

Government Debt

Government Gross Debt (% of GDP) 77.9% #40 / 184 2026
Government Gross Debt (Local currency - HUF) 70.79T - 2026
Government Net Debt (% of GDP) 63% #22 / 86 2026
Government Net Debt (Local currency - HUF) 57.28T - 2026

Fiscal Balance

Fiscal Balance (% of GDP) -5.5% #154 / 189 2026
Fiscal Balance (Local currency - HUF) -5T - 2026
Primary Fiscal Balance (% of GDP) -1.8% #115 / 182 2026
Primary Fiscal Balance (Local currency - HUF) -1.62T - 2026

Revenue and Spending

Government Revenue (% of GDP) 42.6% #33 / 189 2026
Government Revenue (Local currency - HUF) 38.76T - 2026
Government Spending (% of GDP) 48.1% #27 / 189 2026
Government Spending (Local currency - HUF) 43.75T - 2026

International Reserves

Total Reserves (USD) 46.4B #42 / 163 2024

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