Fossil-fuel subsidies (consumption and production) in Ghana
Ghana: Fossil-fuel subsidies (consumption and production) was 0.5285 in 2024. ◆ Volatile
Fossil-fuel subsidies (consumption and production) in Ghana, 2010–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for fossil-fuel subsidies (consumption and production) in Ghana is 0.5285, measured in 2024.
That represents a change of down 9.5% on the previous year and up 1,363.9% over ten years.
Over the whole period, fossil-fuel subsidies (consumption and production) in Ghana peaked at 2.96 in 2022 and was at its lowest, 0.0361, in 2014.
Ghana ranks 71st of 201 countries 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) in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 0.2475 | — |
| 2011 | 0.1602 | -35.3% |
| 2012 | 0.1855 | +15.8% |
| 2013 | 0.0867 | -53.3% |
| 2014 | 0.0361 | -58.4% |
| 2015 | 0.1821 | +404.3% |
| 2016 | 0.2701 | +48.4% |
| 2017 | 0.4201 | +55.5% |
| 2018 | 0.4862 | +15.7% |
| 2019 | 0.3143 | -35.4% |
| 2020 | 0.5175 | +64.7% |
| 2021 | 1.26 | +143.7% |
| 2022 | 2.96 | +134.8% |
| 2023 | 0.5842 | -80.3% |
| 2024 | 0.5285 | -9.5% |
Ghana compared with similar countries
- Ghana's 0.5285 is above the median for lower middle income countries, which is 0.0085, 61.8× the median. (42 countries reporting)
- Ghana's 0.5285 is above the median for Sub-Saharan Africa, which is 0.0018, 295.2× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.2389 | 0.0361 | 0.4862 | 10 |
| 2020s | 1.17 | 0.5175 | 2.96 | 5 |
Countries ranked near Ghana
More energy & mining data for Ghana
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 5.27 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 32.1% (2023)
Frequently asked questions
- What is fossil-fuel subsidies (consumption and production) in Ghana?
- Fossil-fuel subsidies (consumption and production) in Ghana was 0.5285 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest fossil-fuel subsidies (consumption and production) recorded in Ghana?
- The highest recorded value was 2.96 in 2022.
- What is the lowest fossil-fuel subsidies (consumption and production) recorded in Ghana?
- The lowest recorded value was 0.0361 in 2014.
- How does Ghana rank for fossil-fuel subsidies (consumption and production)?
- Ghana ranks 71st out of 201 countries with data for 2024.
- Is fossil-fuel subsidies (consumption and production) rising or falling in Ghana?
- Over the last ten years it is up 1,363.9%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars). Statizoid updates them automatically from the source API.
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