Explicit fossil fuel subsidies as a share of GDP in Hungary

Hungary: Explicit fossil fuel subsidies as a share of GDP was 0.2% in 2021. β–Ό Falling

Latest (2021)
0.2%
Change on year
down 36.0%
World rank
105th
of 187 countries
All-time high
0.4%
in 2011
All-time low
0.2%
in 2021
Years of data
12
2010–2021

Explicit fossil fuel subsidies as a share of GDP in Hungary, 2010–2021

00.10.20.30.42010201520212010: 0.4 %2011: 0.42 %2012: 0.35 %2013: 0.35 %2014: 0.33 %2015: 0.34 %2016: 0.23 %2017: 0.25 %2018: 0.26 %2019: 0.2 %2020: 0.25 %2021: 0.16 %

Source: Data from multiple sources compiled by the UN (2023) – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for explicit fossil fuel subsidies as a share of gdp in Hungary is 0.2%, measured in 2021. That is the lowest value across all 12 years on record.

The figure is down 36.0% on the previous year and down 61.9% over ten years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Hungary peaked at 0.4% in 2011 and was at its lowest, 0.2%, in 2021.

That places Hungary 105th out of 187 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently falling across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.3% 0.2% 0.4% 10
2020s 0.2% 0.2% 0.2% 2

Countries ranked near Hungary

  1. 102 Cameroon 0.2% compare
  2. 102 Netherlands 0.2% compare
  3. 102 Nicaragua 0.2% compare
  4. 105 China 0.2% compare
  5. 107 Estonia 0.1% compare
  6. 107 India 0.1% compare

See the full ranking of 187 places β†’

More energy & mining data for Hungary

All data for Hungary β†’

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Hungary?
Explicit fossil fuel subsidies as a share of gdp in Hungary was 0.2% in 2021, according to Data from multiple sources compiled by the UN (2023) – processed by Our World in Data.
What is the highest explicit fossil fuel subsidies as a share of gdp recorded in Hungary?
The highest recorded value was 0.4% in 2011.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Hungary?
The lowest recorded value was 0.2% in 2021.
How does Hungary rank for explicit fossil fuel subsidies as a share of gdp?
Hungary ranks 105th out of 187 countries with data for 2021.
Is explicit fossil fuel subsidies as a share of gdp rising or falling in Hungary?
Over the last ten years it is down 61.9%. The long-run trend across the full record is falling.
Where does this Hungary data come from?
The figures come from Data from multiple sources compiled by the UN (2023) – processed by Our World in Data, published as part of Explicit fossil fuel subsidies as a share of GDP. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 12 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Explicit fossil fuel subsidies as a share of GDP
Unit
%
Source
Data from multiple sources compiled by the UN (2023) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
187 places, 2,094 data points, 2010–2021
Last refreshed

Subsidies are pre-tax and for both the production and consumption of fossil fuels. Production subsidies reduce the cost of producing coal, oil or gas. Consumption subsidies cut fuel prices for the end user, such as by fixing the price at the petrol pump so that it is less than the market rate.