The Sales Tax Rate in Hungary stands at 27 percent.

Sales Tax Rate in Hungary averaged 25.14 percent from 2000 until 2020, reaching an all time high of 27 percent in 2012 and a record low of 20 percent in 2006. This page provides - Hungary Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Sales Tax Rate - VAT - values, historical data and charts - was last updated on October of 2020.

Sales Tax Rate in Hungary is expected to reach 27.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Sales Tax Rate - VAT is projected to trend around 27.00 percent in 2021, according to our econometric models.

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Hungary Sales Tax Rate - VAT

Actual Previous Highest Lowest Dates Unit Frequency
27.00 27.00 27.00 20.00 2000 - 2020 percent Yearly

Hungary Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 9.00 9.00 50.00 9.00 percent [+]
Personal Income Tax Rate 15.00 15.00 44.00 15.00 percent [+]
Sales Tax Rate 27.00 27.00 27.00 20.00 percent [+]
Social Security Rate 39.50 39.50 53.00 36.00 percent [+]
Social Security Rate For Companies 21.00 21.00 43.00 21.00 percent [+]
Social Security Rate For Employees 18.50 18.50 18.50 7.50 percent [+]


Hungary Sales Tax Rate - VAT
In Hungary, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Hungary.