Nonrenewable natural capital, oil in Hungary
Hungary: Nonrenewable natural capital, oil was 482.88 million current US$ in 2020. ◆ Volatile
Nonrenewable natural capital, oil in Hungary, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
Hungary recorded 482.88 million current US$ for nonrenewable natural capital, oil in 2020.
The figure is up 542.7% on the previous year and down 67.0% over ten years.
Over the whole period, nonrenewable natural capital, oil in Hungary peaked at 4.02 billion current US$ in 2006 and was at its lowest, 75.13 million current US$, in 2019.
That places Hungary 43rd out of 86 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Nonrenewable natural capital, oil in Hungary, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 1.49 billion current US$ | — |
| 1996 | 1.22 billion current US$ | -18.4% |
| 1997 | 1.26 billion current US$ | +3.8% |
| 1998 | 879.38 million current US$ | -30.4% |
| 1999 | 1.41 billion current US$ | +60.8% |
| 2000 | 1.99 billion current US$ | +40.8% |
| 2001 | 1.63 billion current US$ | -18.0% |
| 2002 | 1.07 billion current US$ | -34.3% |
| 2003 | 1.97 billion current US$ | +83.8% |
| 2004 | 2.55 billion current US$ | +29.4% |
| 2005 | 3.35 billion current US$ | +31.2% |
| 2006 | 4.02 billion current US$ | +20.3% |
| 2007 | 1.20 billion current US$ | -70.2% |
| 2008 | 1.46 billion current US$ | +22.2% |
| 2009 | 880.08 million current US$ | -39.9% |
| 2010 | 1.46 billion current US$ | +66.2% |
| 2011 | 2.39 billion current US$ | +63.1% |
| 2012 | 2.75 billion current US$ | +15.3% |
| 2013 | 2.07 billion current US$ | -24.9% |
| 2014 | 2.10 billion current US$ | +1.6% |
| 2015 | 801.13 million current US$ | -61.9% |
| 2016 | 719.84 million current US$ | -10.1% |
| 2017 | 583.04 million current US$ | -19.0% |
| 2018 | 1.12 billion current US$ | +91.8% |
| 2019 | 75.13 million current US$ | -93.3% |
| 2020 | 482.88 million current US$ | +542.7% |
Hungary compared with similar countries
- Hungary's 482.88 million current US$ is above the median for high income countries, which is 402.13 million current US$, 1.2× the median. (34 countries reporting)
- Hungary's 482.88 million current US$ is above the median for Europe & Central Asia, which is 106.23 million current US$, 4.5× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Nonrenewable natural capital, oil in Hungary changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +542.7% | 75.13 million current US$ | 482.88 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.25 billion current US$ | 879.38 million current US$ | 1.49 billion current US$ | 5 |
| 2000s | 2.01 billion current US$ | 880.08 million current US$ | 4.02 billion current US$ | 10 |
| 2010s | 1.41 billion current US$ | 75.13 million current US$ | 2.75 billion current US$ | 10 |
| 2020s | 482.88 million current US$ | 482.88 million current US$ | 482.88 million current US$ | 1 |
Countries ranked near Hungary
More reference data data for Hungary
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.5538 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1724 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.75 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.5679 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.75 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.86 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.09 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.6937 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 12.77 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 3.09 (2050)
Frequently asked questions
- What is nonrenewable natural capital, oil in Hungary?
- Nonrenewable natural capital, oil in Hungary was 482.88 million current US$ in 2020, according to the World Bank.
- What is the highest nonrenewable natural capital, oil recorded in Hungary?
- The highest recorded value was 4.02 billion current US$ in 2006.
- What is the lowest nonrenewable natural capital, oil recorded in Hungary?
- The lowest recorded value was 75.13 million current US$ in 2019.
- How does Hungary rank for nonrenewable natural capital, oil?
- Hungary ranks 43rd out of 86 countries with data for 2020.
- Is nonrenewable natural capital, oil rising or falling in Hungary?
- Over the last ten years it is down 67.0%. The long-run trend across the full record is volatile.
- Where does this Hungary data come from?
- The figures come from the World Bank, published as part of Nonrenewable natural capital, oil (current US$). Statizoid updates them automatically from the source API.
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