Hungary Key Figures
- Population:
- 9.59 million
- GDP growth rate:
- -0.9 %/year
- Energy independence:
- 45.6%
Data of the last year available: 2023
- Total consumption/GDP:*
- 62.6 (2005=100)
- CO2 Emissions:
- 4.43 tCO2/capita
- Rate of T&D power losses:
- 5.55%
* at purchasing power parity
View all macro and energy indicators in the Hungary energy report
Hungary Energy News
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Hungary Energy Research
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Hungary Total Energy Consumption
Energy consumption per capita is 2.5 toe (12% below the EU average), including 4300 kWh of electricity (20% below the EU27 average) (2023).
Total energy consumption has decreased rapidly since 2021, by 7%/year to around 24 Mtoe in 2023. It decreased by 1.7%/year from 2018 to 2020 and rebounded by 4% in 2021; it grew rapidly between 2014 and 2018 (+4%/year).
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)
Interactive Chart Hungary Total Energy Consumption
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View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Hungary energy report
Hungary Crude Oil Production
Oil production, which is distributed over 6 production sites, covers around 16% of the country's needs (1.2 Mt in 2023). In 2022, Russia was the main oil supplier (57%), followed by Slovakia (12%) and Austria (8%)
The country has one refinery, the Szazhalombatta refinery of MOL, with a capacity of 162 kb/d (8.1 Mt/year), that processed 7.3 Mt in 2023. MOL closed its Zala refinery in 2001 (10 kb/d) and Tisza refinery (61 kb/d in 2008).
Interactive Chart Hungary Crude Oil Production
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Additionally, for more detailed information on refineries, you can request a sample of our EMEA Refineries Dataset
Hungary Oil Products Consumption
Oil consumption has decreased by 3%/year since 2021, reaching 7.4 Mt in 2023. It rose very rapidly between 2013 and 2019 (by 5.5%/year),
The bulk of oil products is consumed in the transport sector (60% in 2023), followed by industry (30%), especially for non-energy uses.
Graph: OIL CONSUMPTION (Mt)
Graph: OIL CONSUMPTION BREAKDOWN BY SECTOR (2023, %)
Interactive Chart Hungary Refined Oil Products Production
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
Additionally, for more detailed information on refineries, you can request a sample of our EMEA Refineries Dataset
Hungary Natural Gas Consumption
Gas consumption dropped by 10% in 2023 to 8.7 bcm, after a 15% drop in 2022. It increased rapidly between 2014 and 2019, by 3.5%/year on average, after falling rapidly between 2005 and 2014 (by 5.6%/year).
Interactive Chart Hungary Natural Gas Domestic Consumption
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
Additionally, for more detailed information on the LNG trade, you can request a sample of our EMEA LNG Trade Dataset
Hungary Coal Consumption
Coal and lignite consumption has collapsed since 1990, from 22 Mt to 4.4 Mt in 2023, in line with the demand from power plants, as most of the coal and lignite is used in the power sector (91%).
Graph: COAL CONSUMPTION (Mt)
Graph: COAL CONSUMPTION BREAKDOWN BY SECTOR (2023, %)
Interactive Chart Hungary Coal and Lignite Domestic Consumption
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
View the detailed consumption trends at country level (graphs, tables, analysis) in the Hungary energy report
Hungary Power Consumption
Electricity consumption decreased by 3% in 2023 to 41.3 TWh, after remaining stable in 2022 and rebounding by 5% in 2021. It rose quite rapidly between 2014 and 2019 (+2.6%/year) and remained stable in 2020 (41 TWh in 2020); it was relatively stable between 2008 and 2014.
The share of electricity consumed in industry has increased from 25% in 2007 to 43% (2023). Households and services account for 29% and 20%, respectively, of the electricity consumption.
Graph: ELECTRICITY CONSUMPTION (TWh)
Hungary Renewable in % Electricity Production
The national target of a 14.65% share of renewables in the final energy consumption in 2020 was missed by 0.5 pp as the country reached 13.9%. However, the EU Directive target of 13% was met.
The draft NECP 2023 set a target of 29% of renewables in final energy consumption by 2030, of which 21% for electricity, 29% for heating and cooling, and 17% in transport. In 2022, this share reached 15.2% (13.7% of which for electricity, 17.9% for heating, and 6.2% for transport
In 2022, the Hungarian Government announced its intention to reach 14 GW of solar capacity by 2030.
Interactive Chart Hungary Share of Renewables in Electricity Production (incl hydro)
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
Learn more about renewables in the European Battery Market Analysis
Hungary CO2 Fuel Combustion/CO2 Emissions
GHG emissions decreased by 7% in 2022 to 52 MtCO2eq, after a 2% rebound in 2021. They increased by 3%/year over 2014-2018 and were 42% below their 1990 level in 2022.
In 2020, the parliament adopted a law to achieve carbon neutrality by 2050. In the medium term, the country is committed to a binding GHG emission reduction target of at least 50% by 2030 compared to 1990, as in other EU countries.