Hungary Social Security Rate

The Social Security Rate in Hungary stands at 42 percent. Social Security Rate in Hungary averaged 41.73 percent from 1990 until 2018, reaching an all time high of 53 percent in 1990 and a record low of 36 percent in 2011.

Social Security Rate in Hungary is expected to be 42.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Social Security Rate is projected to trend around 42.00 percent in 2020, according to our econometric models.

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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	42.00	42.00	53.00	36.00	percent	[+]
Social Security Rate For Companies	23.50	23.50	43.00	23.50	percent	[+]
Social Security Rate For Employees	18.50	18.50	18.50	7.50	percent	[+]

In Hungary, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Hungary because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Hungary Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Social Security Rate - actual data, historical chart and calendar of releases - was last updated on April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	42.00	42.00	53.00	36.00	1990 - 2018	percent	Yearly

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Country	Last		Previous	Range
France	59.20	Dec/18	59.2	59.2 : 51.22	%
China	48.00	Dec/18	48	48 : 48	%
Netherlands	46.34	Dec/18	46.34	53.05 : 46.23	%
Argentina	44.00	Dec/18	44	44 : 40	%
Germany	40.21	Dec/18	40.21	42.53 : 33.35	%
Brazil	39.80	Dec/18	39.8	42.8 : 31	%
Italy	39.49	Dec/18	40.49	45.9 : 39.49	%
Turkey	37.50	Dec/18	37.5	38.5 : 31.5	%
Singapore	37.00	Dec/18	37	37 : 33	%
Spain	36.25	Dec/18	36.25	39.44 : 36.2	%
Russia	30.00	Dec/18	30	35.6 : 26	%
Japan	29.20	Dec/18	29.2	29.6 : 18.39	%
United Kingdom	25.80	Dec/19	25.8	25.8 : 9	%
India	24.00	Dec/18	24	24 : 24	%
Saudi Arabia	22.00	Dec/18	22	22 : 20	%
South Korea	18.81	Dec/18	18.81	18.81 : 15.3	%
United States	15.30	Dec/18	15.3	16.75 : 15.3	%
Canada	13.81	Dec/18	13.81	14.95 : 7.9	%
Switzerland	12.46	Dec/18	12.46	18.1 : 12.1	%
Australia	11.50	Dec/18	11.5	11.5 : 10.5	%
Indonesia	9.74	Dec/18	9.74	15.74 : 9.74	%
Mexico	9.23	Dec/18	9.23	17.63 : 0	%
South Africa	2.00	Dec/18	2	3 : 2	%