Fossil-fuel subsidies in Hungary
Hungary: Fossil-fuel subsidies was 1.13 billion billions of current united states dollars in 2024. ◆ Volatile
Fossil-fuel subsidies in Hungary, 2010–2024
Source: United Nations Environment Programme – with minor processing by Our World in Data. Measured in billions of current united states dollars.
Analysis
Hungary recorded 1.13 billion billions of current united states dollars for fossil-fuel subsidies in 2024.
Compared with earlier readings it is down 55.7% on the previous year and up 175.6% over ten years.
Over the whole period, fossil-fuel subsidies in Hungary peaked at 2.55 billion billions of current united states dollars in 2023 and was at its lowest, 270.00 million billions of current united states dollars, in 2020.
That places Hungary 57th out of 189 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.
Fossil-fuel subsidies in Hungary, year by year
| Year | billions of current united states dollars | Change |
|---|---|---|
| 2010 | 350.00 million billions of current united states dollars | — |
| 2011 | 390.00 million billions of current united states dollars | +11.4% |
| 2012 | 390.00 million billions of current united states dollars | +0.0% |
| 2013 | 410.00 million billions of current united states dollars | +5.1% |
| 2014 | 410.00 million billions of current united states dollars | +0.0% |
| 2015 | 350.00 million billions of current united states dollars | -14.6% |
| 2016 | 320.00 million billions of current united states dollars | -8.6% |
| 2017 | 330.00 million billions of current united states dollars | +3.1% |
| 2018 | 340.00 million billions of current united states dollars | +3.0% |
| 2019 | 320.00 million billions of current united states dollars | -5.9% |
| 2020 | 270.00 million billions of current united states dollars | -15.6% |
| 2021 | 280.00 million billions of current united states dollars | +3.7% |
| 2022 | 1.57 billion billions of current united states dollars | +460.7% |
| 2023 | 2.55 billion billions of current united states dollars | +62.4% |
| 2024 | 1.13 billion billions of current united states dollars | -55.7% |
Hungary compared with similar countries
- Hungary's 1.13 billion billions of current united states dollars is above the median for high income countries, which is 955.00 million billions of current united states dollars, 1.2× the median. (64 countries reporting)
- Hungary's 1.13 billion billions of current united states dollars is above the median for Europe & Central Asia, which is 1.05 billion billions of current united states dollars, 1.1× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Fossil-fuel subsidies 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.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +460.7% | 280.00 million billions of current united states dollars | 1.57 billion billions of current united states dollars |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 361.00 million billions of current united states dollars | 320.00 million billions of current united states dollars | 410.00 million billions of current united states dollars | 10 |
| 2020s | 1.16 billion billions of current united states dollars | 270.00 million billions of current united states dollars | 2.55 billion billions of current united states dollars | 5 |
Countries ranked near Hungary
- 54 Romania 1.25 billion billions of current united states dollars compare
- 55 South Korea 1.23 billion billions of current united states dollars compare
- 56 Bahrain 1.16 billion billions of current united states dollars compare
- 58 Bolivia 1.08 billion billions of current united states dollars compare
- 59 Finland 1.06 billion billions of current united states dollars compare
- 60 Sweden 1.04 billion billions of current united states dollars compare
More energy & mining data for Hungary
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate 0.6073 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2025)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 8.6% (2025)
Frequently asked questions
- What is fossil-fuel subsidies in Hungary?
- Fossil-fuel subsidies in Hungary was 1.13 billion billions of current united states dollars in 2024, according to United Nations Environment Programme – with minor processing by Our World in Data.
- What is the highest fossil-fuel subsidies recorded in Hungary?
- The highest recorded value was 2.55 billion billions of current united states dollars in 2023.
- What is the lowest fossil-fuel subsidies recorded in Hungary?
- The lowest recorded value was 270.00 million billions of current united states dollars in 2020.
- How does Hungary rank for fossil-fuel subsidies?
- Hungary ranks 57th out of 189 countries with data for 2024.
- Is fossil-fuel subsidies rising or falling in Hungary?
- Over the last ten years it is up 175.6%. 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 Fossil-fuel subsidies. Statizoid updates them automatically from the source API.
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About this data
Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars).