Hungary Social Security Rate For Companies

The Social Security Rate For Companies in Hungary stands at 21 percent. Social Security Rate For Companies in Hungary averaged 29.57 percent from 1990 until 2019, reaching an all time high of 43 percent in 1990 and a record low of 21 percent in 2018.

Social Security Rate For Companies in Hungary is expected to be 23.50 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 For Companies is projected to trend around 23.50 percent in 2020, according to our econometric models.

Hungary Social Security Rate For Companies

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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	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	[+]

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 For Companies 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 For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Social Security Rate For Companies - actual data, historical chart and calendar of releases - was last updated on June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	21.00	21.00	43.00	21.00	1990 - 2019	percent	Yearly

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Country	Last		Previous	Range
France	45.00	Dec/18	45	45 : 37.9	%
China	37.00	Dec/18	37	37 : 37	%
Italy	30.00	Dec/19	30	45.9 : 30	%
Russia	30.00	Dec/18	30	35.6 : 26	%
Spain	29.90	Dec/18	29.9	33.7 : 29.9	%
Brazil	28.80	Dec/19	28.8	31.8 : 20	%
Argentina	26.70	Dec/19	26.7	27 : 26.7	%
Turkey	22.50	Dec/18	22.5	22.5 : 16.5	%
Germany	19.44	Dec/19	19.38	21 : 16.7	%
Netherlands	18.69	Dec/18	18.69	21.29 : 18.08	%
Singapore	17.00	Dec/18	17	17 : 13	%
Japan	14.75	Dec/18	14.75	15.2 : 6.8	%
United Kingdom	13.80	Dec/19	13.8	13.8 : 10.2	%
India	12.00	Dec/18	12	12 : 12	%
Saudi Arabia	12.00	Dec/18	12	12 : 11	%
South Korea	10.40	Dec/18	10.4	10.4 : 8.5	%
Australia	9.50	Dec/18	9.5	9.5 : 9	%
United States	7.65	Dec/18	7.65	10.1 : 7.65	%
Mexico	7.58	Dec/18	7.58	14.7 : 7.58	%
Canada	7.37	Dec/19	7.27	7.9 : 4.3	%
Switzerland	6.23	Dec/18	6.23	11.55 : 6.05	%
Indonesia	5.74	Dec/18	5.74	11.74 : 5.74	%
South Africa	1.00	Dec/18	1	2 : 1	%