Hungary

Country indicators

GDP per capita - gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. (Source: World Bank)

GDP per capita
(USD):

16,745.09

Fossil fuel subsidies (USD, billions) - All consumer and producer pre-tax subsidies. Pre-tax consumer subsidies exist when energy consumers pay prices that are below the costs incurred to supply them with this energy. (Source: IMF)

Fossil fuel subsidies (USD, billions):

n/a

Fossil Fuel Subsidies as % of GDP - All consumer and producer pre-tax subsidies as percent of a country’s GDP. (Source: IMF)

Fossil fuel subsidies
(% of GDP):

n/a

Fossil Fuel Subsidies with externalities as % of GDP - All consumer and producer post-tax subsidies. Post-tax consumer subsidies exist if consumer prices for energy are below supply costs plus the efficient levels of taxation. (Source: IMF)

Fossil fuel subsidies with externalities (% of GDP):

3.36

Revenue from environmentally related taxes as % of GDP - All revenue from environmentally related taxes - defined as any compulsory, unrequited payment to general government levied on tax-bases deemed to be of particular environmental relevance – as percent of a country’s GDP. (Source: OECD)

Revenue from environmentally related taxes (% of GDP):

2.279

Carbon pricing gap - Measure of how much countries fall short of pricing carbon emissions in line with a EUR 60 benchmark value (midpoint estimate of the carbon costs in 2020 and a low-end estimate for 2030). The difference is presented as percentage: If the Effective Carbon Rate (ECR) on all emissions is at least as high as the benchmark, the gap is zero, and if the ECR is zero throughout, the gap is 100%. (Source: OECD)

Carbon Pricing Gap
(%):

News

Despite strong carbon prices, the EU is still on track for a 4 degree Celsius temperature rise

2018-10-31

23.10.2018 – Global asset manager Schroders launched its Climate Progress Dashboard in 2017 predicting the EU is on path for a temperature rise of 4°C.Despite the bright spark of strong carbon

Environmental taxes in the EU

2017-04-10

5 April 2017 – Government revenues from environmental taxes amounted to EUR 359.3 billion in 2015 among European Union countries. The highest share of environmental taxes was in Croatia, while

OECD Inventory of Estimated Budgetary Support and Tax Expenditures for Fossil Fuels

2017-03-29

The 2013 OECD Inventory of Estimated Budgetary Support and Tax Expenditures for Fossil Fuels identifies and estimates direct budgetary transfers and tax expenditures relating to fossil fuel production and consumption.

Reports

From Challenge to Opportunity: Shadow Country Reports in Support of the European Semester Cycle (GBE, CEE BankWatch, EEB)

2017-03-17

This report by Green Budget Europe (GBE), CEE BankWatch and European Environment Bureau (EEB) involved an assessment of the 2016 European Semester Country Reports among network of members and national

2016 Country-Specific Recommendations in support of the European Semester cycle (GBE)

2016-03-07

This report led by Green Budget Europe (GBE), in collaboration with CEE BankWatch, EEB and WWF, sets out recommendations for the 28 EU Member States to accelerate Environmental Fiscal Reforms (EFR) in the context of

Hungary

Country indicators

News

Despite strong carbon prices, the EU is still on track for a 4 degree Celsius temperature rise

Environmental taxes in the EU

OECD Inventory of Estimated Budgetary Support and Tax Expenditures for Fossil Fuels

Reports

From Challenge to Opportunity: Shadow Country Reports in Support of the European Semester Cycle (GBE, CEE BankWatch, EEB)

2016 Country-Specific Recommendations in support of the European Semester cycle (GBE)

Policy Briefs

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