Oil rents in Hungary
Hungary: Oil rents was 0.2% in 2021. ▼ Falling
Oil rents in Hungary, 1991–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, oil rents in Hungary stood at 0.2%.
The figure is up 120.6% on the previous year and down 19.0% over ten years.
Over the whole period, oil rents in Hungary peaked at 0.4% in 1991 and was at its lowest, 0.1%, in 1998.
Hungary ranks 74th of 200 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Oil rents in Hungary, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1991 | 0.4% | — |
| 1992 | 0.4% | -4.5% |
| 1993 | 0.4% | -9.6% |
| 1994 | 0.3% | -19.9% |
| 1995 | 0.3% | +3.5% |
| 1996 | 0.4% | +19.2% |
| 1997 | 0.2% | -39.6% |
| 1998 | 0.1% | -71.5% |
| 1999 | 0.2% | +185.8% |
| 2000 | 0.4% | +109.4% |
| 2001 | 0.2% | -37.3% |
| 2002 | 0.2% | -19.9% |
| 2003 | 0.2% | -4.3% |
| 2004 | 0.2% | +5.0% |
| 2005 | 0.2% | +13.4% |
| 2006 | 0.2% | +11.3% |
| 2007 | 0.2% | -18.3% |
| 2008 | 0.2% | +23.7% |
| 2009 | 0.1% | -38.2% |
| 2010 | 0.2% | +2.4% |
| 2011 | 0.2% | +48.8% |
| 2012 | 0.2% | +4.5% |
| 2013 | 0.2% | -18.1% |
| 2014 | 0.2% | -13.3% |
| 2015 | 0.1% | -50.3% |
| 2016 | 0.1% | -16.1% |
| 2017 | 0.1% | +31.8% |
| 2018 | 0.1% | +44.2% |
| 2019 | 0.1% | +8.0% |
| 2020 | 0.1% | -42.2% |
| 2021 | 0.2% | +120.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3% | 0.1% | 0.4% | 9 |
| 2000s | 0.2% | 0.1% | 0.4% | 10 |
| 2010s | 0.2% | 0.1% | 0.2% | 10 |
| 2020s | 0.1% | 0.1% | 0.2% | 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 rents in Hungary?
- Oil rents in Hungary was 0.2% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Hungary?
- The highest recorded value was 0.4% in 1991.
- What is the lowest oil rents recorded in Hungary?
- The lowest recorded value was 0.1% in 1998.
- How does Hungary rank for oil rents?
- Hungary ranks 74th out of 200 countries with data for 2021.
- Is oil rents rising or falling in Hungary?
- Over the last ten years it is down 19.0%. The long-run trend across the full record is falling.
- Where does this Hungary data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Oil rents (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.