| Dávid Harangozó

Hungary among most heavily taxed OECD members

December 4, 2015

According to the latest taxation survey by OECD, the organization comprising the most most developed countries of the world, people in Hungary pay 38.5% of the GDP as tax burden, above the OECD average of 34%. Consumption tax is the highest while the personal income tax is one of the lowest.

The total tax / GDP ratio is the highest in the northern European countries (Denmark, Norway, Finland and Sweden), Asutria, Belgium, France and Italy. They are followed by Hungary (8th out of the 34 countries listed) that has the highest tax rate in this respect in the East Central European region.


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