Fossil-fuel subsidies (consumption and production) as a proportion of in Nigeria

Nigeria: Fossil-fuel subsidies (consumption and production) as a proportion of was 0.6% in 2024. ◆ Volatile

Latest (2024)
0.6%
Change on year
down 30.5%
World rank
57th
of 201 countries
All-time high
2.9%
in 2022
All-time low
0.0%
in 2016
Years of data
15
2010–2024

Fossil-fuel subsidies (consumption and production) as a proportion of in Nigeria, 2010–2024

01232010201720242010: 0.7872011: 1.72012: 1.52013: 1.42014: 1.12015: 0.1582016: 0.0112017: 0.1662018: 0.3822019: 0.1942020: 0.0532021: 0.8512022: 2.92023: 0.8722024: 0.606

Source: United Nations Statistics Division, SDG Global Database.

Analysis

Nigeria recorded 0.6% for fossil-fuel subsidies (consumption and production) as a proportion of in 2024.

The figure is down 30.5% on the previous year and down 43.9% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) as a proportion of in Nigeria peaked at 2.9% in 2022 and was at its lowest, 0.0%, in 2016.

That places Nigeria 57th out of 201 countries with data for 2024, putting it 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 Nigeria, year by year

Annual values for Fossil-fuel subsidies (consumption and production) as a proportion of total GDP (%) in Nigeria, 2010 to 2024.
Year Value Change
2010 0.8%
2011 1.7% +111.5%
2012 1.5% -8.5%
2013 1.4% -6.1%
2014 1.1% -24.6%
2015 0.2% -85.3%
2016 0.0% -93.3%
2017 0.2% +1467.4%
2018 0.4% +129.6%
2019 0.2% -49.3%
2020 0.1% -72.4%
2021 0.9% +1493.1%
2022 2.9% +238.3%
2023 0.9% -69.7%
2024 0.6% -30.5%

Nigeria compared with similar countries

  • Nigeria's 0.6% is above the median for lower middle income countries, which is 0.0%, 16.0× the median. (42 countries reporting)
  • Nigeria's 0.6% is above the median for Sub-Saharan Africa, which is 0.0%, 23.6× the median. (44 countries reporting)

Biggest year-on-year movements

Years where Fossil-fuel subsidies (consumption and production) as a proportion of in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +1493.1% 0.1% 0.9%
2017 +1467.4% 0.0% 0.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.7% 0.0% 1.7% 10
2020s 1.1% 0.1% 2.9% 5

Countries ranked near Nigeria

  1. 54 Ghana 0.6% compare
  2. 55 Belarus 0.6% compare
  3. 56 Lithuania 0.6% compare
  4. 58 Tunisia 0.6% compare
  5. 59 Latvia 0.6% compare
  6. 60 Australia 0.5% compare

See the full ranking of 238 places →

More energy & mining data for Nigeria

All data for Nigeria →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) as a proportion of in Nigeria?
Fossil-fuel subsidies (consumption and production) as a proportion of in Nigeria was 0.6% 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 Nigeria?
The highest recorded value was 2.9% in 2022.
What is the lowest fossil-fuel subsidies (consumption and production) as a proportion of recorded in Nigeria?
The lowest recorded value was 0.0% in 2016.
How does Nigeria rank for fossil-fuel subsidies (consumption and production) as a proportion of?
Nigeria ranks 57th out of 201 countries with data for 2024.
Is fossil-fuel subsidies (consumption and production) as a proportion of rising or falling in Nigeria?
Over the last ten years it is down 43.9%. The long-run trend across the full record is volatile.
Where does this Nigeria 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 Nigeria. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 13 September 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies-consumption-and-production-as-a-proportion-of-total-gdp-percent/nigeria/

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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