Viktor Orbán

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Viktor Orbán

Viktor Orbán
We could not find statistics which would rank high technology production as percentage share of GDP. According to statistics showing percentage of high technology manufactured exports as percent of Hungarian manufactured exports, Hungary reached 16 % in 2013 according to the World Bank data. 

Accordign to Eurostat exports of high technology products as a share of total exports of Hungary was in the year 2014 14,4 %. This is, however, also different cathegory than what Viktor Orban is claiming. The statement is therefore unverifiable.

We concentrate of families and we have lot of schemes to convince young people to take the kids. By the surveys in Hungary we can say that the young generation would like to have at least one more kid than finally they have got.

We could find at least some family oriented policies in Hungary, see here, here or here. We don't verify whether this is motivating enough for young people to have kids.

We couldn't fine surveys which would support or discard the statement of Viktor Orban. We cannot however rule out possiblity that such surveys exist. The whole statement is considered unverifiable.

Hungarian corporate tax according to portal at the moment is 19 %, between 2007 and 2009 it was 20 %.

According to other sources, a company qualifies as an SME if a number of employees does not exceed 250 and the company generates less than EUR 50 million net revenues, or aggregate assets and liabilities do not exceed EUR 43 million. A two tier progressive corporate income tax system was introduced as of 1 July 2010 in Hungary. According to the new corporate income tax regime companies are obligated to pay income tax at a rate 10 % up to a tax base of HUF 500 million (app. EUR 1.8 million), and 19% on the excess amount.

According to KPMG which compares corporate tax rates from all around the world, rate 19 % is not too uncommon - it is the same as the corporate rate in the Czech Republic and Poland for example. There are also many countries who have lower corporate tax rate within the EU - such as Romania, Slovenia, Lithuania, Ireland or Latva, to name some. Bosnia and Herzegovina and Bulgaria have the corporate tax rate at 10 %.

According to the table of Deloitte company of corporate tax rates arround the world, Hungary tax rate of 10 % for SME is indeed among the lowest in the world, excluding some jurisdiction, generally regarded as tax havens, which have their corporate tax rate at 0 % (such as Cayman Islands, Nauru and United Arab Emirates), very few countries have lower corporate tax rate - among few examples belong Switzerland (8.5 %), Maldives (5 %) and Uzbekistand (7.5 %).

The structure of our economy is quite balanced. We have 26 or 27 % of GDP coming from manufacturing and industry (…), agriculture is strong, tourism is over 10 %.

Industry in Hungary took in 2013 according to Eurostat 26 % of GDP. Also according to Eurostat Hungarian agriculture takes 4,8 % of its GDP. This is more than in the most European countries, therefore it is correct to say that Hungarian agriculture is (relatively speaking) strong.

According to World Travel and Tourism Council data, tourism constitute at the moment 11 % of Hungarian GDP