Fossil-fuel subsidies (consumption and production) in Least Developed Countries (LDCs)
Least Developed Countries (LDCs): Fossil-fuel subsidies (consumption and production) was 8.82 in 2024. ◆ Volatile
Fossil-fuel subsidies (consumption and production) in Least Developed Countries (LDCs), 2010–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for fossil-fuel subsidies (consumption and production) in Least Developed Countries (LDCs) is 8.82, measured in 2024.
Compared with earlier readings it is down 34.1% on the previous year and down 40.5% over ten years.
Over the whole period, fossil-fuel subsidies (consumption and production) in Least Developed Countries (LDCs) peaked at 33.59 in 2022 and was at its lowest, 1.85, in 2016.
That places Least Developed Countries (LDCs) 25th out of 37 groups 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) in Least Developed Countries (LDCs), year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 13.32 | — |
| 2011 | 17.14 | +28.7% |
| 2012 | 19.68 | +14.8% |
| 2013 | 18.31 | -7.0% |
| 2014 | 14.81 | -19.1% |
| 2015 | 2.09 | -85.9% |
| 2016 | 1.85 | -11.5% |
| 2017 | 2.29 | +23.6% |
| 2018 | 5.67 | +147.8% |
| 2019 | 3.84 | -32.3% |
| 2020 | 3.24 | -15.7% |
| 2021 | 12.22 | +277.1% |
| 2022 | 33.59 | +174.9% |
| 2023 | 13.38 | -60.2% |
| 2024 | 8.82 | -34.1% |
Biggest year-on-year movements
Years where Fossil-fuel subsidies (consumption and production) in Least Developed Countries (LDCs) 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.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +277.1% | 3.24 | 12.22 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.9 | 1.85 | 19.68 | 10 |
| 2020s | 14.25 | 3.24 | 33.59 | 5 |
Countries ranked near Least Developed Countries (LDCs)
More energy & mining data for Least Developed Countries (LDCs)
- Energy intensity level of primary energy 3.81 (2023)
- Renewable energy share in the total final energy consumption 68.4% (2023)
- Proportion of population with primary reliance on clean fuels and 20.0% (2024)
- International financial flows to developing countries in support of 3,738 (2024)
- Installed renewable electricity-generating capacity 42.61 (2024)
- Proportion of population with access to electricity, by urban/rural 60.4% (2024)
- Fossil-fuel subsidies (consumption and production) as a proportion of 0.7% (2024)
- Fossil-fuel subsidies (consumption and production) per capita 7.42 (2024)
Frequently asked questions
- What is fossil-fuel subsidies (consumption and production) in Least Developed Countries (LDCs)?
- Fossil-fuel subsidies (consumption and production) in Least Developed Countries (LDCs) was 8.82 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest fossil-fuel subsidies (consumption and production) recorded in Least Developed Countries (LDCs)?
- The highest recorded value was 33.59 in 2022.
- What is the lowest fossil-fuel subsidies (consumption and production) recorded in Least Developed Countries (LDCs)?
- The lowest recorded value was 1.85 in 2016.
- How does Least Developed Countries (LDCs) rank for fossil-fuel subsidies (consumption and production)?
- Least Developed Countries (LDCs) ranks 25th out of 37 groups with data for 2024.
- Is fossil-fuel subsidies (consumption and production) rising or falling in Least Developed Countries (LDCs)?
- Over the last ten years it is down 40.5%. 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) (billions of nominal United States dollars). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under UN SDG Global Database (open, attribution requested).