Fossil-fuel subsidies (consumption and production) as a proportion of in Least Developed Countries (LDCs)

Least Developed Countries (LDCs): Fossil-fuel subsidies (consumption and production) as a proportion of was 0.7% in 2024. ◆ Volatile

Latest (2024)
0.7%
Change on year
down 36.4%
Rank
25th
of 37 groups
All-time high
2.8%
in 2022
All-time low
0.2%
in 2016
Years of data
15
2010–2024

Fossil-fuel subsidies (consumption and production) as a proportion of in Least Developed Countries (LDCs), 2010–2024

01232010201720242010: 22011: 2.62012: 2.82013: 2.42014: 1.82015: 0.2462016: 0.2072017: 0.2422018: 0.5682019: 0.3632020: 0.3032021: 1.12022: 2.82023: 1.12024: 0.696

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, fossil-fuel subsidies (consumption and production) as a proportion of in Least Developed Countries (LDCs) stood at 0.7%.

The figure is down 36.4% on the previous year and down 62.0% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) as a proportion of in Least Developed Countries (LDCs) peaked at 2.8% in 2022 and was at its lowest, 0.2%, in 2016.

Least Developed Countries (LDCs) ranks 25th of 37 groups on this measure, in the middle of the range.

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

Fossil-fuel subsidies (consumption and production) as a proportion of in Least Developed Countries (LDCs), year by year

Annual values for Fossil-fuel subsidies (consumption and production) as a proportion of total GDP (%) in Least Developed Countries (LDCs), 2010 to 2024.
Year Value Change
2010 2.0%
2011 2.6% +29.3%
2012 2.8% +8.0%
2013 2.4% -12.6%
2014 1.8% -24.1%
2015 0.2% -86.6%
2016 0.2% -15.9%
2017 0.2% +17.0%
2018 0.6% +134.8%
2019 0.4% -36.0%
2020 0.3% -16.7%
2021 1.1% +260.1%
2022 2.8% +161.5%
2023 1.1% -61.6%
2024 0.7% -36.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.3% 0.2% 2.8% 10
2020s 1.2% 0.3% 2.8% 5

Countries ranked near Least Developed Countries (LDCs)

  1. 22 Bahrain 2.7% compare
  2. 23 Indonesia 2.7% compare
  3. 24 Bolivia (Plurinational State of) 2.6% compare
  4. 25 Brunei Darussalam 2.5% compare
  5. 25 Brunei Darussalam 2.5% compare
  6. 27 Pakistan 2.2% compare
  7. 28 South Africa 2.1% compare

See the full ranking of 238 places →

More energy & mining data for Least Developed Countries (LDCs)

All data for Least Developed Countries (LDCs) →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) as a proportion of in Least Developed Countries (LDCs)?
Fossil-fuel subsidies (consumption and production) as a proportion of in Least Developed Countries (LDCs) was 0.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest fossil-fuel subsidies (consumption and production) as a proportion of recorded in Least Developed Countries (LDCs)?
The highest recorded value was 2.8% in 2022.
What is the lowest fossil-fuel subsidies (consumption and production) as a proportion of recorded in Least Developed Countries (LDCs)?
The lowest recorded value was 0.2% in 2016.
How does Least Developed Countries (LDCs) rank for fossil-fuel subsidies (consumption and production) as a proportion of?
Least Developed Countries (LDCs) ranks 25th out of 37 groups with data for 2024.
Is fossil-fuel subsidies (consumption and production) as a proportion of rising or falling in Least Developed Countries (LDCs)?
Over the last ten years it is down 62.0%. The long-run trend across the full record is volatile.
Where does this Least Developed Countries (LDCs) data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Fossil-fuel subsidies (consumption and production) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.

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Fossil-fuel subsidies (consumption and production) as a proportion of in Least Developed Countries (LDCs). Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 11 September 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies-consumption-and-production-as-a-proportion-of-total-gdp-percent/least-developed-countries-ldcs/

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About this data

Indicator
Fossil-fuel subsidies (consumption and production) as a proportion of total GDP (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
238 places, 3,361 data points, 2010–2026
Last refreshed