Hungary—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #35 of 139
Latest Value
40.1%
2022
YoY Change
+2.7%
2021 → 2022
Global Rank
#35
of 139 countries
Maximum
40.1%
2022
Minimum
32.0%
2008
CAGR
+0.6%
23 years
Last
40.1%
Previous
39.1%
Highest
40.1%
Lowest
32.0%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2022 | 40.1% | +2.7% |
| 2021 | 39.1% | +3.5% |
| 2020 | 37.8% | +2.1% |
| 2019 | 37.0% | -1.1% |
| 2018 | 37.4% | +2.8% |
| 2017 | 36.4% | -0.1% |
| 2016 | 36.4% | +0.1% |
| 2015 | 36.4% | -1.5% |
| 2014 | 36.9% | -0.0% |
| 2013 | 37.0% | -1.5% |
| 2012 | 37.5% | -0.7% |
| 2011 | 37.8% | +1.5% |
| 2010 | 37.2% | +11.1% |
| 2009 | 33.5% | +4.5% |
| 2008 | 32.0% | -7.1% |
| 2007 | 34.5% | -2.1% |
| 2006 | 35.2% | -5.3% |
| 2005 | 37.2% | -2.7% |
| 2004 | 38.2% | +6.2% |
| 2003 | 36.0% | +6.6% |
| 2002 | 33.8% | -0.4% |
| 2001 | 33.9% | -4.3% |
| 2000 | 35.5% |
Top Countries — Taxes on Goods & Services (% of revenue)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Macao SAR, China | 71.7% | 2023 |
| 2 | Bahamas, The | 57.1% | 2023 |
| 3 | Lao PDR | 53.9% | 2022 |
| 4 | Mauritius | 53.3% | 2024 |
| 5 | Guatemala | 51.5% | 2023 |
| 6 | Armenia | 48.2% | 2024 |
| 7 | Dominican Republic | 47.9% | 2024 |
| 8 | Croatia | 47.1% | 2023 |
| 9 | Nicaragua | 46.5% | 2023 |
| 10 | Burundi | 46.4% | 2021 |
About This Indicator
Definition
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →