Who was the top scorer at the 1934 World Cup?

Oldřich Nejedlý of Czechoslovakia finished top of the 1934 scoring chart with 5 goals.

Are penalty goals counted?

Yes, penalties count toward a player's tournament goal tally, but own goals are excluded.

Full goalscoring ranking for the 1934 FIFA World Cup.

#	Player	Team	Goals	Pen
1	Oldřich Nejedlý	Czechoslovakia	5	—
2	Angelo Schiavio	Italy	4	—
3	Edmund Conen	Germany	4	—
4	Leopold Kielholz	Switzerland	3	—
5	Raimundo Orsi	Italy	3	—
6	Abdulrahman Fawzi	Egypt	2	—
7	Antonín Puč	Czechoslovakia	2	—
8	Bernard Voorhoof	Belgium	2	—
9	Ernst Lehner	Germany	2	—
10	Géza Toldi	Hungary	2	—
11	Giovanni Ferrari	Italy	2	—
12	Giuseppe Meazza	Italy	2	—
13	Johann Horvath	Austria	2	—
14	José Iraragorri	Spain	2	1
15	Karl Hohmann	Germany	2	—
16	Sven Jonasson	Sweden	2	—
17	Alberto Galateo	Argentina	1	—
18	Aldo Donelli	United States	1	—
19	André Abegglen	Switzerland	1	—
20	Anton Schall	Austria	1	—
21	Enrique Guaita	Italy	1	—
22	Ernesto Belis	Argentina	1	—
23	František Svoboda	Czechoslovakia	1	—
24	Georges Verriest	France	1	1
25	Gösta Dunker	Sweden	1	—