What was Hungary's Total natural resources rents (% of GDP) in 2021?

In 2021, Hungary's Total natural resources rents (% of GDP) was 0.40, according to World Bank Open Data.

Is Hungary's Total natural resources rents (% of GDP) rising or falling?

Hungary's Total natural resources rents (% of GDP) rose 96.6% from 2020 to 2021.

How does Hungary rank globally on Total natural resources rents (% of GDP)?

In 2021, Hungary ranked #132 out of 197 countries reporting Total natural resources rents (% of GDP).

How does Hungary's Total natural resources rents (% of GDP) compare to the world average?

The global average for Total natural resources rents (% of GDP) in 2021 was 6.63, so Hungary is below the world average. Within Europe & Central Asia, it ranks #27 of 51.

Hungary: Total natural resources rents (% of GDP)

Name: Hungary: Total natural resources rents (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2021, Hungary's Total natural resources rents (% of GDP) was 0.40.

That's up 96.6% from 2020, the highest value since 2014.

The global average for this indicator in 2021 was 6.63 . Hungary ranks #132 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #27 of 51.

Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS) • Data as of 2021

Trend (2002–2021)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse
2004 · EU enlargement (10 new members)

Highlights

Peak: 0.68; 2011
Trough: 0.20; 2020
1-year change: +96.6%
5-year change: +77.2%; +12.1% / yr
10-year change: -40.4%; -5.0% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	0.4024
2020	0.2047
2019	0.3039
2018	0.3476
2017	0.2826
2016	0.2270
2015	0.2851
2014	0.4034
2013	0.5078
2012	0.6184

About Total natural resources rents (% of GDP)

Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

Indicator code: NY.GDP.TOTL.RT.ZS • Category: Economy

Frequently asked questions

What was Hungary's Total natural resources rents (% of GDP) in 2021?: In 2021, Hungary's Total natural resources rents (% of GDP) was 0.40, according to World Bank Open Data.
Is Hungary's Total natural resources rents (% of GDP) rising or falling?: Hungary's Total natural resources rents (% of GDP) rose 96.6% from 2020 to 2021.
How does Hungary rank globally on Total natural resources rents (% of GDP)?: In 2021, Hungary ranked #132 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Hungary's Total natural resources rents (% of GDP) compare to the world average?: The global average for Total natural resources rents (% of GDP) in 2021 was 6.63, so Hungary is below the world average. Within Europe & Central Asia, it ranks #27 of 51.
What is Total natural resources rents (% of GDP) and how is it measured?: Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

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Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS), CC BY 4.0.