Oil reserves in Hungary
Hungary: Oil reserves was 1.92 million cubic meters in 2021. ◆ Volatile
Oil reserves in Hungary, 1992–2021
Source: U.S. Energy Information Administration (2022) – with major processing by Our World in Data. Measured in cubic meters.
Analysis
The most recent figure for oil reserves in Hungary is 1.92 million cubic meters, measured in 2021. That is the lowest value across all 30 years on record.
That represents a change of down 33.9% on the previous year and down 54.5% over ten years.
Over the whole period, oil reserves in Hungary peaked at 25.20 million cubic meters in 1992 and was at its lowest, 1.92 million cubic meters, in 2021.
Hungary ranks 88th of 216 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.
Oil reserves in Hungary, year by year
| Year | cubic meters | Change |
|---|---|---|
| 1992 | 25.20 million cubic meters | — |
| 1993 | 23.36 million cubic meters | -7.3% |
| 1994 | 22.10 million cubic meters | -5.4% |
| 1995 | 21.01 million cubic meters | -5.0% |
| 1996 | 20.44 million cubic meters | -2.7% |
| 1997 | 19.01 million cubic meters | -7.0% |
| 1998 | 20.32 million cubic meters | +6.9% |
| 1999 | 20.89 million cubic meters | +2.8% |
| 2000 | 17.44 million cubic meters | -16.5% |
| 2001 | 17.44 million cubic meters | +0.0% |
| 2002 | 17.63 million cubic meters | +1.1% |
| 2003 | 16.29 million cubic meters | -7.6% |
| 2004 | 16.29 million cubic meters | +0.0% |
| 2005 | 16.29 million cubic meters | -0.0% |
| 2006 | 16.29 million cubic meters | +0.0% |
| 2007 | 3.21 million cubic meters | -80.3% |
| 2008 | 3.21 million cubic meters | +0.0% |
| 2009 | 3.21 million cubic meters | +0.0% |
| 2010 | 4.22 million cubic meters | +31.6% |
| 2011 | 4.22 million cubic meters | +0.0% |
| 2012 | 5.04 million cubic meters | +19.4% |
| 2013 | 4.34 million cubic meters | -13.9% |
| 2014 | 4.32 million cubic meters | -0.5% |
| 2015 | 3.50 million cubic meters | -19.1% |
| 2016 | 4.55 million cubic meters | +30.0% |
| 2017 | 3.99 million cubic meters | -12.2% |
| 2018 | 3.24 million cubic meters | -18.7% |
| 2019 | 3.24 million cubic meters | +0.0% |
| 2020 | 2.91 million cubic meters | -10.3% |
| 2021 | 1.92 million cubic meters | -33.9% |
Hungary compared with similar countries
- Hungary's 1.92 million cubic meters is below the median for Europe & Central Asia, which is 2.38 million cubic meters, 81% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Oil reserves 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 |
|---|---|---|---|
| 2007 | -80.3% | 16.29 million cubic meters | 3.21 million cubic meters |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.54 million cubic meters | 19.01 million cubic meters | 25.20 million cubic meters | 8 |
| 2000s | 12.73 million cubic meters | 3.21 million cubic meters | 17.63 million cubic meters | 10 |
| 2010s | 4.07 million cubic meters | 3.24 million cubic meters | 5.04 million cubic meters | 10 |
| 2020s | 2.42 million cubic meters | 1.92 million cubic meters | 2.91 million cubic meters | 2 |
Countries ranked near Hungary
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 oil reserves in Hungary?
- Oil reserves in Hungary was 1.92 million cubic meters in 2021, according to U.S. Energy Information Administration (2022) – with major processing by Our World in Data.
- What is the highest oil reserves recorded in Hungary?
- The highest recorded value was 25.20 million cubic meters in 1992.
- What is the lowest oil reserves recorded in Hungary?
- The lowest recorded value was 1.92 million cubic meters in 2021.
- How does Hungary rank for oil reserves?
- Hungary ranks 88th out of 216 countries with data for 2021.
- Is oil reserves rising or falling in Hungary?
- Over the last ten years it is down 54.5%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from U.S. Energy Information Administration (2022) – with major processing by Our World in Data, published as part of Oil reserves. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Proved reserves, measured in cubic meters, are generally those quantities that can be recovered in the future from known reservoirs under existing economic and operating conditions, according to geological and engineering information. Includes crude oil and lease condensate.