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Hungary

Hungary offers a unique blend of innovation, quality of life, and economic opportunity within the European Union.

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Hungary

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Corporate Tax Rate 9% (2025)

The lowest flat corporate tax rate in the European Union.

With a 9% flat corporate tax rate, Hungary offers the most competitive tax environment in the EU, providing a powerful incentive for businesses to invest and grow.

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R&D Tax Credit Enhanced tax base (2025)

Enhanced tax base allowance for R&D activities.

Hungary fosters innovation with significant tax relief for R&D, including a recently increased tax base allowance for research carried out with academic institutions.

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GDP Growth 0,6% (2025)

Annual real GDP growth rate forecast.

Hungary's economy is projected to experience strong growth, driven by its strategic location, skilled workforce, and significant foreign investment.

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Economic Sentiment Indicator (ESI) 95,1 (2026)

Hungary offers a business-friendly environment with straightforward processes for starting a business and obtaining construction permits.

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Labour Cost €14.1/hr (2024)

Hungary provides a significant competitive advantage with its highly skilled workforce and one of the lowest labour costs in the European Union.

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Top Personal Income Tax Rate 15% (2025)

A flat tax rate applies to all personal income.

Hungary's simple and low 15% flat-rate personal income tax, combined with family tax benefits, creates an attractive system for individuals and families.

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Euro Health Consumer Index Score 33rd (2026)

Overall measure of national health system performance.

Hungary provides universal healthcare coverage, and is focused on modernizing its health infrastructure to improve accessibility and patient outcomes.

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Global Cost of Living Rank 68th (2026)

Measures relative costs of goods and services.

Hungary offers a very affordable European lifestyle, with a low cost of living that provides high purchasing power and financial comfort for residents.

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Global Happiness Rank 69th (2024)

Evaluates national wellbeing and overall life satisfaction.

Hungary's rich culture, beautiful capital city, and strong community life contribute to a positive sense of well-being and life satisfaction.

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Global Peace Index 17th (2025)

Assesses national peacefulness, safety, and security levels.

Ranked among the top 20 most peaceful countries, Hungary offers a safe and secure environment for residents, with low crime rates and a stable society.

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Working-Age Employment Rate 81.1% (2024)

Percentage of population aged 20-64 that is employed.

With a very high employment rate, Hungary's labour market is robust, offering plentiful opportunities and reflecting a strong and resilient economy.

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Annual Inflation Rate 4,4% (2025)

Measures the change in consumer prices over time.

As inflation trends downwards, Hungary's economy is moving towards greater price stability, creating a more predictable environment for consumers and businesses.

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Embassies and Consulates

Hungary has embassies and consulates worldwide that offer visa services and assistance to its citizens abroad. A current list of these missions is available on the Ministry of Foreign Affairs website.

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Entry for EU citizens

EU citizens can use both the “EU, EEC, SWISS” and the passport lanes at the border crossing points.

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Entry for Non-EU citizens

Non-EU citizens must possess a valid visa in addition to the passport.

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