Consumption subsidies for fossil fuels in Ghana
Ghana: Consumption subsidies for fossil fuels was 625.87 million in 2023. β Volatile
Consumption subsidies for fossil fuels in Ghana, 2010β2023
Source: Our World in Data.
Analysis
The most recent figure for consumption subsidies for fossil fuels in Ghana is 625.87 million, measured in 2023.
The figure is down 79.6% on the previous year and up 835.2% over ten years.
Over the whole period, consumption subsidies for fossil fuels in Ghana peaked at 3.07 billion in 2022 and was at its lowest, 36.69 million, in 2014.
That places Ghana 35th out of 48 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 228.32 million | 36.69 million | 465.06 million | 10 |
| 2020s | 1.34 billion | 509.09 million | 3.07 billion | 4 |
Countries ranked near Ghana
- 32 Sri Lanka 852.51 million compare
- 33 Trinidad and Tobago 804.60 million compare
- 34 Colombia 749.47 million compare
- 36 Mexico 623.24 million compare
- 37 Brunei Darussalam 375.79 million compare
- 38 South Africa 351.03 million compare
More energy & mining data for Ghana
- Fuel imports 32.1% (2023)
- Ores and metals imports 1.1% (2023)
- Ores and metals exports 3.8% (2023)
- Gas production 37.02 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 1,075 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 37.02 terawatt-hours (2024)
- Gas production per person 1,075 kilowatt-hours per person (2024)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Gas production, per capita 0 terawatt-hours per person (2024)
Frequently asked questions
- What is consumption subsidies for fossil fuels in Ghana?
- Consumption subsidies for fossil fuels in Ghana was 625.87 million in 2023, according to Our World in Data.
- What is the highest consumption subsidies for fossil fuels recorded in Ghana?
- The highest recorded value was 3.07 billion in 2022.
- What is the lowest consumption subsidies for fossil fuels recorded in Ghana?
- The lowest recorded value was 36.69 million in 2014.
- How does Ghana rank for consumption subsidies for fossil fuels?
- Ghana ranks 35th out of 48 countries with data for 2023.
- Is consumption subsidies for fossil fuels rising or falling in Ghana?
- Over the last ten years it is up 835.2%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Our World in Data, published as part of Consumption subsidies for fossil fuels. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 14 observations, free to reuse under CC BY 4.0 (Our World in Data).