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Hungary vs Norway: tax rates compared

Between the two, Norway's income tax rate (39.7%) tops Hungary's (15%) by 24.7pp. The 37-country average is 43.2%: both sit below it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Income Tax

0102030405060World avg 43.2%HU 15%NO 39.7%
Income Tax, side by side
CountryRateSource
Hungary15%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Norway39.7%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−24.7 ppNorway higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%HU 9%NO 22%
Corporate Tax, side by side
CountryRateSource
Hungary9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Norway22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−13 ppNorway higher

Between the two, Norway's corporate tax rate (22%) tops Hungary's (9%) by 13pp. The 201-country average is 22.6%: both sit below it.

VAT

0102030405060World avg 19.5%HU 27%NO 25%
VAT, side by side
CountryRateSource
Hungary27%Source: PWC Worldwide Tax Summaries — Hungary (Corporate, Other taxes) · as of 2025-12-31
Norway25%Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25
Difference+2 ppHungary higher

Between the two, Hungary's VAT rate (27%) tops Norway's (25%) by 2pp. The 37-country average is 19.5%: both sit above it. Hungary's figure is dated 2025-12-31 and Norway's 2026-06-25, so the two rates come from different data vintages.

Wealth Tax

0102030405060World avg 0.1%HU 0%NO 1.1%
Wealth Tax, side by side
CountryRateSource
Hungary0%Source: PWC Worldwide Tax Summaries — Hungary (Individual, Other taxes) · as of 2025-12-31
Norway1.1%Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01
Difference−1.1 ppNorway higher

Between the two, Norway's wealth tax rate (1.1%) tops Hungary's (0%) by 1.1pp. The 193-country average is 0.1%: Hungary sits below it, Norway sits above it. Hungary's figure is dated 2025-12-31 and Norway's 2026-01-01, so the two rates come from different data vintages.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.