Turkmenistan vs Venezuela, Bolivarian Republic of: Explicit fossil fuel subsidies as a share of GDP

Turkmenistan
14.0%
in 2024
Venezuela, Bolivarian Republic of
6.0%
in 2024
Turkmenistan rank
2nd
Venezuela, Bolivarian Republic of rank
10th

Explicit fossil fuel subsidies as a share of GDP over time

  • Turkmenistan
  • Venezuela, Bolivarian Republic of
010203040201020172024

How they compare

Turkmenistan currently reports 14.0% against 6.0% in Venezuela, Bolivarian Republic of, a difference of 8.0%.

That makes Turkmenistan's figure about 2.4 times Venezuela, Bolivarian Republic of's.

The two have swapped places 2 times across 15 shared years of data; in 2010 it was Turkmenistan ahead.

Turkmenistan ranks 2nd and Venezuela, Bolivarian Republic of ranks 10th of 194 countries.

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

Head to head by decade

Decade Turkmenistan Venezuela, Bolivarian Republic of Difference Ahead
2010s 15.2% 5.7% 9.5% Turkmenistan
2020s 16.3% 9.7% 6.6% Turkmenistan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher explicit fossil fuel subsidies as a share of gdp, Turkmenistan or Venezuela, Bolivarian Republic of?
Turkmenistan, at 14.0% against 6.0% in Venezuela, Bolivarian Republic of as of 2024.
What is the difference in explicit fossil fuel subsidies as a share of gdp between Turkmenistan and Venezuela, Bolivarian Republic of?
8.0%, with Turkmenistan ahead.
How many years of comparable data are there for Turkmenistan and Venezuela, Bolivarian Republic of?
15 years are reported by both, from 2010 to 2024.
How do Turkmenistan and Venezuela, Bolivarian Republic of rank globally for explicit fossil fuel subsidies as a share of gdp?
Turkmenistan ranks 2nd and Venezuela, Bolivarian Republic of 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.

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Turkmenistan vs Venezuela, Bolivarian Republic of: 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 02 September 2026, from https://energy.statizoid.com/compare/fossil-fuel-subsidies-gdp/turkmenistan/venezuela-rb/

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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 (%).