Russia vs Venezuela: Explicit fossil fuel subsidies as a share of GDP
Russia
6.7%
in 2024
Venezuela
6.0%
in 2024
Russia rank
9th
Venezuela rank
10th
Explicit fossil fuel subsidies as a share of GDP over time
- Russia
- Venezuela
How they compare
Russia currently reports 6.7% against 6.0% in Venezuela, a difference of 0.7%.
That makes Russia's figure about 1.1 times Venezuela's.
The two have swapped places 5 times across 15 shared years of data; in 2010 it was Venezuela ahead.
Russia ranks 9th and Venezuela ranks 10th of 194 countries.
Venezuela has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Russia | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 2.9% | 5.7% | 2.8% | Venezuela |
| 2020s | 8.1% | 9.7% | 1.6% | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher explicit fossil fuel subsidies as a share of gdp, Russia or Venezuela?
- Russia, at 6.7% against 6.0% in Venezuela as of 2024.
- What is the difference in explicit fossil fuel subsidies as a share of gdp between Russia and Venezuela?
- 0.7%, with Russia ahead.
- How many years of comparable data are there for Russia and Venezuela?
- 15 years are reported by both, from 2010 to 2024.
- How do Russia and Venezuela rank globally for explicit fossil fuel subsidies as a share of gdp?
- Russia ranks 9th and Venezuela ranks 10th 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.
Individual pages
About this data
Fossil-fuel subsidies (consumption and production) as a proportion of total GDP (%).