The Social Security Rate in Hungary stands at 35.50 percent. source: National Tax and Customs Administration of Hungary

Social Security Rate in Hungary averaged 40.63 percent from 1990 until 2021, reaching an all time high of 53 percent in 1990 and a record low of 35.50 percent in 2018. 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 July of 2022.

Social Security Rate in Hungary is expected to reach 42.00 percent by the end of 2021, 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 2022 and 39.50 percent in 2023, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Hungary Social Security Rate

Related Last Previous Unit Reference
Personal Income Tax Rate 15.00 15.00 percent Dec 2021
Corporate Tax Rate 9.00 9.00 percent Dec 2021
Sales Tax Rate 27.00 27.00 percent Dec 2021
Social Security Rate 35.50 35.50 percent Dec 2021
Social Security Rate For Companies 17.00 17.00 percent Dec 2021
Social Security Rate For Employees 18.50 18.50 percent Dec 2021

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
35.50 35.50 53.00 35.50 1990 - 2021 percent Yearly