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 September of 2021.

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.

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Hungary Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
35.50 35.50 53.00 35.50 1990 - 2021 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 35.50 35.50 53.00 35.50 percent [+]
Social Security Rate For Companies 17.00 17.00 43.00 17.00 percent [+]
Social Security Rate For Employees 18.50 18.50 18.50 7.50 percent [+]


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.