Australia vs Hungary: Emissions-weighted carbon price in emissions trading systems
Australia
15.99 constant 2021 US$ per tonne of CO₂ equivalents
in 2025
Hungary
23.26 constant 2021 US$ per tonne of CO₂ equivalents
in 2025
Australia rank
30th
Hungary rank
27th
Emissions-weighted carbon price in emissions trading systems over time
- Australia
- Hungary
How they compare
Hungary currently reports 23.26 constant 2021 US$ per tonne of CO₂ equivalents against 15.99 constant 2021 US$ per tonne of CO₂ equivalents in Australia, a difference of 7.27 constant 2021 US$ per tonne of CO₂ equivalents.
That makes Hungary's figure about 1.5 times Australia's.
Across all 37 years both countries report, Hungary has been ahead every year.
Australia ranks 30th and Hungary ranks 27th of 200 countries.
Hungary has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Australia | Hungary | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0 constant 2021 US$ per tonne of CO₂ equivalents | 0 constant 2021 US$ per tonne of CO₂ equivalents | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1990s | 0 constant 2021 US$ per tonne of CO₂ equivalents | 0 constant 2021 US$ per tonne of CO₂ equivalents | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 2000s | 0 constant 2021 US$ per tonne of CO₂ equivalents | 6.26 constant 2021 US$ per tonne of CO₂ equivalents | 6.26 constant 2021 US$ per tonne of CO₂ equivalents | Hungary |
| 2010s | 0 constant 2021 US$ per tonne of CO₂ equivalents | 6.74 constant 2021 US$ per tonne of CO₂ equivalents | 6.74 constant 2021 US$ per tonne of CO₂ equivalents | Hungary |
| 2020s | 5.3 constant 2021 US$ per tonne of CO₂ equivalents | 22.7 constant 2021 US$ per tonne of CO₂ equivalents | 17.4 constant 2021 US$ per tonne of CO₂ equivalents | Hungary |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher emissions-weighted carbon price in emissions trading systems, Australia or Hungary?
- Hungary, at 23.26 constant 2021 US$ per tonne of CO₂ equivalents against 15.99 constant 2021 US$ per tonne of CO₂ equivalents in Australia as of 2025.
- What is the difference in emissions-weighted carbon price in emissions trading systems between Australia and Hungary?
- 7.27 constant 2021 US$ per tonne of CO₂ equivalents, with Hungary ahead.
- How many years of comparable data are there for Australia and Hungary?
- 37 years are reported by both, from 1989 to 2025.
- How do Australia and Hungary rank globally for emissions-weighted carbon price in emissions trading systems?
- Australia ranks 30th and Hungary ranks 27th of 200 countries.
- Where does this data come from?
- Dolphin and Merkle (2024) – with minor processing by Our World in Data, published as Emissions-weighted carbon price in emissions trading systems. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.