Fossil-fuel subsidies (consumption and production) in Hungary

Hungary: Fossil-fuel subsidies (consumption and production) was 1.13 in 2024. ◆ Volatile

Latest (2024)
1.13
Change on year
down 55.5%
World rank
62nd
of 201 countries
All-time high
2.55
in 2023
All-time low
0.2702
in 2020
Years of data
15
2010–2024

Fossil-fuel subsidies (consumption and production) in Hungary, 2010–2024

0.511.522.52010201720242010: 0.3512011: 0.3922012: 0.3942013: 0.4142014: 0.4132015: 0.3542016: 0.3162017: 0.3342018: 0.3412019: 0.3162020: 0.272021: 0.2792022: 1.62023: 2.52024: 1.1

Source: United Nations Statistics Division, SDG Global Database.

Analysis

Hungary recorded 1.13 for fossil-fuel subsidies (consumption and production) in 2024.

That represents a change of down 55.5% on the previous year and up 174.4% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) in Hungary peaked at 2.55 in 2023 and was at its lowest, 0.2702, in 2020.

Hungary ranks 62nd of 201 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Fossil-fuel subsidies (consumption and production) in Hungary, year by year

Annual values for Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars) in Hungary, 2010 to 2024.
Year Value Change
2010 0.351
2011 0.3919 +11.7%
2012 0.3936 +0.4%
2013 0.4141 +5.2%
2014 0.4134 -0.2%
2015 0.3542 -14.3%
2016 0.3156 -10.9%
2017 0.3342 +5.9%
2018 0.3414 +2.2%
2019 0.3164 -7.3%
2020 0.2702 -14.6%
2021 0.2786 +3.1%
2022 1.57 +462.0%
2023 2.55 +62.8%
2024 1.13 -55.5%

Hungary compared with similar countries

  • Hungary's 1.13 is above the median for high income countries, which is 0.9298, 1.2× the median. (61 countries reporting)
  • Hungary's 1.13 is above the median for Europe & Central Asia, which is 1.01, 1.1× the median. (47 countries reporting)

Biggest year-on-year movements

Years where Fossil-fuel subsidies (consumption and production) in Hungary changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2022 +462.0% 0.2786 1.57

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.3626 0.3156 0.4141 10
2020s 1.16 0.2702 2.55 5

Countries ranked near Hungary

  1. 59 Republic of Korea 1.23 compare
  2. 59 Korea 1.23 compare
  3. 61 Bahrain 1.16 compare
  4. 63 Bolivia (Plurinational State of) 1.08 compare
  5. 64 Finland 1.06 compare
  6. 65 Sweden 1.04 compare

See the full ranking of 238 places →

More energy & mining data for Hungary

All data for Hungary →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) in Hungary?
Fossil-fuel subsidies (consumption and production) in Hungary was 1.13 in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest fossil-fuel subsidies (consumption and production) recorded in Hungary?
The highest recorded value was 2.55 in 2023.
What is the lowest fossil-fuel subsidies (consumption and production) recorded in Hungary?
The lowest recorded value was 0.2702 in 2020.
How does Hungary rank for fossil-fuel subsidies (consumption and production)?
Hungary ranks 62nd out of 201 countries with data for 2024.
Is fossil-fuel subsidies (consumption and production) rising or falling in Hungary?
Over the last ten years it is up 174.4%. The long-run trend across the full record is volatile.
Where does this Hungary data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars). Statizoid updates them automatically from the source API.

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Fossil-fuel subsidies (consumption and production) in Hungary. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 15 September 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies-consumption-and-production-billions-of-nominal-united-states-dollars/hungary/

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About this data

Indicator
Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
238 places, 3,358 data points, 2010–2024
Last refreshed