Hungary
Government finance and price level data from the World Bank WDI.
EU member state — view detailed Eurostat data →
Government finances
Central government data (World Bank WDI). Not directly comparable with EU Maastricht figures which use general government.
Government debt
82% GDP
2024
Govt expenditure
42.4% GDP
2022
Budget deficit
4.5% GDP
2024
Price level
Hungary is 48.0% cheaper than the USA overall (2025). Index: USA = 100.
Overall price level
52.0(USA=100)
2025
Source: World Bank WDI (PA.NUS.PPP / PA.NUS.FCRF × 100). GDP price level only. Detailed category-level price data (EU27=100) available on the EU country page.
Tax rates
Labour tax wedge
33.5% of labour cost
2025
Top income tax rate
15%
2024
Corporate tax rate
9%
2024
Standard VAT rate
27%
2024
Statutory rates 2024: OECD Taxing Wages / EC Taxation Trends. Labour wedge: Eurostat earn_nt_taxrate (EEA/EU countries only).
Government debt since 2010
| Year | Debt (% GDP) | Change |
|---|---|---|
| 2010 | 82 | — |
| 2011 | 91.3 | +9.3 |
| 2012 | 95.2 | +3.9 |
| 2013 | 96 | +0.8 |
| 2014 | 100.1 | +4.1 |
| 2015 | 98.4 | -1.7 |
| 2016 | 98.6 | +0.2 |
| 2017 | 93.8 | -4.8 |
| 2018 | 88 | -5.8 |
| 2019 | 84.6 | -3.4 |
| 2020 | 97.3 | +12.7 |
| 2021 | 88.7 | -8.5 |
| 2022 | 78 | -10.7 |
| 2023 | 82.4 | +4.4 |
| 2024 | 82 | -0.4 |
Data sources
| Dataset | Source | Coverage |
|---|---|---|
| Govt debt / expenditure / revenue / surplus | World Bank WDI (GC.* indicators) | 2000–2024 |
| Price level index (USA=100) | World Bank WDI PPP/XR ratio | 1990–2023 |
| Labour tax wedge | Eurostat earn_nt_taxrate | EEA/EU only |
| Statutory tax rates | OECD / EC Taxation Trends 2024 | EU+EFTA only |