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 87th of 215 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.
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
- Fuel imports 8.6% (2025)
- Ores and metals imports 2.3% (2025)
- Ores and metals exports 1.3% (2025)
- Gas production 17.21 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 1,778 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 17.21 terawatt-hours (2024)
- Gas production per person 1,778 kilowatt-hours per person (2024)
- Fuel exports 4.1% (2025)
- Electric power transmission and distribution losses 7.1% (2024)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 50.7% (2023)
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 87th out of 215 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.
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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.