The Social Security Rate in Hungary stands at 31.50 percent. source: National Tax and Customs Administration of Hungary

Social Security Rate in Hungary averaged 40.25 percent from 1990 until 2022, reaching an all time high of 53 percent in 1990 and a record low of 31.50 percent in 2022. This page provides - Hungary Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Social Security Rate - values, historical data and charts - was last updated on March of 2023.

Social Security Rate in Hungary is expected to reach 31.50 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Social Security Rate is projected to trend around 31.50 percent in 2024, according to our econometric models.

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Hungary Social Security Rate

Related Last Previous Unit Reference
Personal Income Tax Rate 15.00 15.00 percent Dec 2022
Corporate Tax Rate 9.00 9.00 percent Dec 2022
Sales Tax Rate 27.00 27.00 percent Dec 2022
Social Security Rate 31.50 35.50 percent Dec 2022
Social Security Rate For Companies 13.00 17.00 percent Dec 2022
Social Security Rate For Employees 18.50 18.50 percent Dec 2022

Hungary Social Security Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
31.50 35.50 53.00 31.50 1990 - 2022 percent Yearly