Kuwait vs Libya: Explicit fossil fuel subsidies as a share of GDP
Kuwait
7.8%
in 2021
Libya
10.4%
in 2021
Kuwait rank
8th
Libya rank
6th
Explicit fossil fuel subsidies as a share of GDP over time
- Kuwait
- Libya
How they compare
Libya currently reports 10.4% against 7.8% in Kuwait, a difference of 2.6%.
That makes Libya's figure about 1.3 times Kuwait's.
The two have swapped places 1 time across 12 shared years of data; in 2010 it was Kuwait ahead.
Kuwait ranks 8th and Libya ranks 6th of 187 countries.
Libya has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Kuwait | Libya | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.5% | 9.1% | 2.6% | Libya |
| 2020s | 5.1% | 9.2% | 4.1% | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher explicit fossil fuel subsidies as a share of gdp, Kuwait or Libya?
- Libya, at 10.4% against 7.8% in Kuwait as of 2021.
- What is the difference in explicit fossil fuel subsidies as a share of gdp between Kuwait and Libya?
- 2.6%, with Libya ahead.
- How many years of comparable data are there for Kuwait and Libya?
- 12 years are reported by both, from 2010 to 2021.
- How do Kuwait and Libya rank globally for explicit fossil fuel subsidies as a share of gdp?
- Kuwait ranks 8th and Libya ranks 6th of 187 countries.
- Where does this data come from?
- Data from multiple sources compiled by the UN (2023) – processed 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.
Individual pages
About this data
Subsidies are pre-tax and for both the production and consumption of fossil fuels. Production subsidies reduce the cost of producing coal, oil or gas. Consumption subsidies cut fuel prices for the end user, such as by fixing the price at the petrol pump so that it is less than the market rate.