Australia vs Latvia: Explicit fossil fuel subsidies as a share of GDP

Australia
0.5%
in 2024
Latvia
0.6%
in 2024
Australia rank
57th
Latvia rank
56th

Explicit fossil fuel subsidies as a share of GDP over time

  • Australia
  • Latvia
00.250.50.7511.2201020172024

How they compare

Latvia currently reports 0.6% against 0.5% in Australia, a difference of 0.1%.

That makes Latvia's figure about 1.1 times Australia's.

Across all 14 years both countries report, Latvia has been ahead every year.

Australia ranks 57th and Latvia ranks 56th of 194 countries.

Latvia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Australia Latvia Difference Ahead
2010s 0.5% 0.9% 0.4% Latvia
2020s 0.5% 0.7% 0.2% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher explicit fossil fuel subsidies as a share of gdp, Australia or Latvia?
Latvia, at 0.6% against 0.5% in Australia as of 2024.
What is the difference in explicit fossil fuel subsidies as a share of gdp between Australia and Latvia?
0.1%, with Latvia ahead.
How many years of comparable data are there for Australia and Latvia?
14 years are reported by both, from 2010 to 2024.
How do Australia and Latvia rank globally for explicit fossil fuel subsidies as a share of gdp?
Australia ranks 57th and Latvia ranks 56th of 194 countries.
Where does this data come from?
United Nations Environment Programme – with minor processing by Our World in Data, published as Explicit fossil fuel subsidies as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Latvia: Explicit fossil fuel subsidies as a share of GDP. Statizoid, drawing on United Nations Environment Programme – with minor processing by Our World in Data. Retrieved 27 September 2026, from https://energy.statizoid.com/compare/fossil-fuel-subsidies-gdp/australia/latvia/

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About this data

Indicator
Explicit fossil fuel subsidies as a share of GDP
Unit
%
Source
United Nations Environment Programme – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 2,687 data points, 2010–2024
Last refreshed

Fossil-fuel subsidies (consumption and production) as a proportion of total GDP (%).