Explicit fossil fuel subsidies as a share of GDP in Hungary

Hungary: Explicit fossil fuel subsidies as a share of GDP was 0.6% in 2024. ◆ Volatile

Latest (2024)
0.6%
Change on year
down 55.9%
World rank
50th
of 194 countries
All-time high
1.4%
in 2023
All-time low
0.2%
in 2021
Years of data
15
2010–2024

Explicit fossil fuel subsidies as a share of GDP in Hungary, 2010–2024

00.511.52010201720242010: 0.28 %2011: 0.3 %2012: 0.31 %2013: 0.32 %2014: 0.31 %2015: 0.25 %2016: 0.22 %2017: 0.22 %2018: 0.22 %2019: 0.19 %2020: 0.17 %2021: 0.16 %2022: 0.88 %2023: 1.4 %2024: 0.64 %

Source: United Nations Environment Programme – with minor processing 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 0.6%, measured in 2024.

The figure is down 55.9% on the previous year and up 106.5% over ten years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Hungary peaked at 1.4% in 2023 and was at its lowest, 0.2%, in 2021.

That places Hungary 50th out of 194 countries with data for 2024, putting it in the middle of the range.

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

Explicit fossil fuel subsidies as a share of GDP in Hungary, year by year

Annual values for Explicit fossil fuel subsidies as a share of GDP in Hungary, 2010 to 2024.
Year % Change
2010 0.3% —
2011 0.3% +7.1%
2012 0.3% +3.3%
2013 0.3% +3.2%
2014 0.3% -3.1%
2015 0.2% -19.4%
2016 0.2% -12.0%
2017 0.2% +0.0%
2018 0.2% +0.0%
2019 0.2% -13.6%
2020 0.2% -10.5%
2021 0.2% -5.9%
2022 0.9% +450.0%
2023 1.4% +64.8%
2024 0.6% -55.9%

Hungary compared with similar countries

  • Hungary's 0.6% is above the median for high income countries, which is 0.3%, 2.4× the median. (65 countries reporting)
  • Hungary's 0.6% is above the median for Europe & Central Asia, which is 0.4%, 1.5× the median. (49 countries reporting)

Biggest year-on-year movements

Years where Explicit fossil fuel subsidies as a share of GDP 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 +450.0% 0.2% 0.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.3% 0.2% 0.3% 10
2020s 0.7% 0.2% 1.4% 5

Countries ranked near Hungary

  1. 47 Ireland 0.7% compare
  2. 48 Brazil 0.7% compare
  3. 49 Spain 0.7% compare
  4. 51 Belarus 0.6% compare
  5. 51 Ghana 0.6% compare
  6. 51 Lithuania 0.6% compare

See the full ranking of 194 places →

More energy & mining data for Hungary

All data for Hungary →

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 0.6% in 2024, according to United Nations Environment Programme – with minor processing 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 1.4% in 2023.
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 50th out of 194 countries with data for 2024.
Is explicit fossil fuel subsidies as a share of gdp rising or falling in Hungary?
Over the last ten years it is up 106.5%. The long-run trend across the full record is volatile.
Where does this Hungary data come from?
The figures come from United Nations Environment Programme – with minor processing 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.

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Explicit fossil fuel subsidies as a share of GDP in Hungary. Statizoid, drawing on United Nations Environment Programme – with minor processing by Our World in Data. Retrieved 27 September 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies-gdp/hungary/

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About this data

Indicator
Explicit fossil fuel subsidies as a share of GDP
Unit
%
Source
United Nations Environment Programme – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 2,687 data points, 2010–2024
Last refreshed

Fossil-fuel subsidies (consumption and production) as a proportion of total GDP (%).