Explicit consumption subsidies for fossil fuels in Gabon

Gabon: Explicit consumption subsidies for fossil fuels was 133.16 million constant 2023 US$ in 2023. ◆ Volatile

Latest (2023)
133.16 million constant 2023 US$
Change on year
down 63.9%
World rank
40th
of 48 countries
All-time high
368.75 million constant 2023 US$
in 2022
All-time low
0 constant 2023 US$
in 2010
Years of data
14
2010–2023

Explicit consumption subsidies for fossil fuels in Gabon, 2010–2023

0100.0M200.0M300.0M400.0M2010201620232010: 0 constant 2023 US$2011: 0 constant 2023 US$2012: 55.5M constant 2023 US$2013: 98.3M constant 2023 US$2014: 140.3M constant 2023 US$2015: 190.4M constant 2023 US$2016: 172.5M constant 2023 US$2017: 62.8M constant 2023 US$2018: 54.3M constant 2023 US$2019: 47.8M constant 2023 US$2020: 51.4M constant 2023 US$2021: 29.8M constant 2023 US$2022: 368.8M constant 2023 US$2023: 133.2M constant 2023 US$

Source: International Energy Agency (2024) – with minor processing by Our World in Data. Measured in constant 2023 US$.

Analysis

Gabon recorded 133.16 million constant 2023 US$ for explicit consumption subsidies for fossil fuels in 2023.

Compared with earlier readings it is down 63.9% on the previous year and up 35.5% over ten years.

Over the whole period, explicit consumption subsidies for fossil fuels in Gabon peaked at 368.75 million constant 2023 US$ in 2022 and was at its lowest, 0 constant 2023 US$, in 2010.

Gabon ranks 40th of 48 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Explicit consumption subsidies for fossil fuels in Gabon, year by year

Annual values for Explicit consumption subsidies for fossil fuels in Gabon, 2010 to 2023.
Year constant 2023 US$ Change
2010 0 constant 2023 US$ —
2011 0 constant 2023 US$ —
2012 55.50 million constant 2023 US$ —
2013 98.30 million constant 2023 US$ +77.1%
2014 140.32 million constant 2023 US$ +42.8%
2015 190.37 million constant 2023 US$ +35.7%
2016 172.46 million constant 2023 US$ -9.4%
2017 62.77 million constant 2023 US$ -63.6%
2018 54.30 million constant 2023 US$ -13.5%
2019 47.82 million constant 2023 US$ -11.9%
2020 51.37 million constant 2023 US$ +7.4%
2021 29.76 million constant 2023 US$ -42.1%
2022 368.75 million constant 2023 US$ +1139.0%
2023 133.16 million constant 2023 US$ -63.9%

Gabon compared with similar countries

  • Gabon's 133.16 million constant 2023 US$ is below the median for upper middle income countries, which is 5.24 billion constant 2023 US$, 3% of the median. (21 countries reporting)
  • Gabon's 133.16 million constant 2023 US$ is below the median for Sub-Saharan Africa, which is 625.87 million constant 2023 US$, 21% of the median. (5 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 82.18 million constant 2023 US$ 0 constant 2023 US$ 190.37 million constant 2023 US$ 10
2020s 145.76 million constant 2023 US$ 29.76 million constant 2023 US$ 368.75 million constant 2023 US$ 4

Countries ranked near Gabon

  1. 37 Brunei 375.79 million constant 2023 US$ compare
  2. 38 South Africa 351.03 million constant 2023 US$ compare
  3. 39 Oman 219.25 million constant 2023 US$ compare
  4. 41 Austria 0 constant 2023 US$ compare
  5. 41 Croatia 0 constant 2023 US$ compare
  6. 41 El Salvador 0 constant 2023 US$ compare
  7. 41 France 0 constant 2023 US$ compare
  8. 41 Hungary 0 constant 2023 US$ compare
  9. 41 Poland 0 constant 2023 US$ compare
  10. 41 Slovakia 0 constant 2023 US$ compare
  11. 41 United Kingdom 0 constant 2023 US$ compare

See the full ranking of 48 places →

More energy & mining data for Gabon

All data for Gabon →

Frequently asked questions

What is explicit consumption subsidies for fossil fuels in Gabon?
Explicit consumption subsidies for fossil fuels in Gabon was 133.16 million constant 2023 US$ in 2023, according to International Energy Agency (2024) – with minor processing by Our World in Data.
What is the highest explicit consumption subsidies for fossil fuels recorded in Gabon?
The highest recorded value was 368.75 million constant 2023 US$ in 2022.
What is the lowest explicit consumption subsidies for fossil fuels recorded in Gabon?
The lowest recorded value was 0 constant 2023 US$ in 2010.
How does Gabon rank for explicit consumption subsidies for fossil fuels?
Gabon ranks 40th out of 48 countries with data for 2023.
Is explicit consumption subsidies for fossil fuels rising or falling in Gabon?
Over the last ten years it is up 35.5%. The long-run trend across the full record is volatile.
Where does this Gabon data come from?
The figures come from International Energy Agency (2024) – with minor processing by Our World in Data, published as part of Explicit consumption subsidies for fossil fuels. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Explicit consumption subsidies for fossil fuels in Gabon. Statizoid, drawing on International Energy Agency (2024) – with minor processing by Our World in Data. Retrieved 27 September 2026, from https://energy.statizoid.com/stat/consumption-subsidies-for-fossil-fuels/gabon/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://energy.statizoid.com/stat/consumption-subsidies-for-fossil-fuels/gabon/">Explicit consumption subsidies for fossil fuels in Gabon</a> — Statizoid

About this data

Indicator
Explicit consumption subsidies for fossil fuels
Unit
constant 2023 US$
Source
International Energy Agency (2024) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
48 places, 672 data points, 2010–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in living costs between countries.