Fossil-fuel subsidies (consumption and production) in Libya
Libya: Fossil-fuel subsidies (consumption and production) was 7.27 in 2024. ▲ Rising
Fossil-fuel subsidies (consumption and production) in Libya, 2010–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for fossil-fuel subsidies (consumption and production) in Libya is 7.27, measured in 2024.
Compared with earlier readings it is down 4.6% on the previous year and down 0.5% over ten years.
Over the whole period, fossil-fuel subsidies (consumption and production) in Libya peaked at 10.29 in 2022 and was at its lowest, 3.19, in 2016.
Libya ranks 32nd of 201 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Fossil-fuel subsidies (consumption and production) in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 5.55 | — |
| 2011 | 5.66 | +1.9% |
| 2012 | 7.37 | +30.2% |
| 2013 | 7.7 | +4.5% |
| 2014 | 7.3 | -5.2% |
| 2015 | 3.67 | -49.7% |
| 2016 | 3.19 | -13.2% |
| 2017 | 3.78 | +18.5% |
| 2018 | 4.83 | +27.8% |
| 2019 | 4.4 | -8.9% |
| 2020 | 3.32 | -24.5% |
| 2021 | 5.35 | +61.1% |
| 2022 | 10.29 | +92.3% |
| 2023 | 7.62 | -26.0% |
| 2024 | 7.27 | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.35 | 3.19 | 7.7 | 10 |
| 2020s | 6.77 | 3.32 | 10.29 | 5 |
Countries ranked near Libya
- 29 South Africa 7.7 compare
- 30 Venezuela (Bolivarian Republic of) 7.52 compare
- 31 Pakistan 7.28 compare
- 33 Argentina 5.76 compare
- 34 Ukraine 5.5 compare
- 35 Bangladesh 5.18 compare
More energy & mining data for Libya
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 10.28 % 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 13.1% (2019)
Frequently asked questions
- What is fossil-fuel subsidies (consumption and production) in Libya?
- Fossil-fuel subsidies (consumption and production) in Libya was 7.27 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest fossil-fuel subsidies (consumption and production) recorded in Libya?
- The highest recorded value was 10.29 in 2022.
- What is the lowest fossil-fuel subsidies (consumption and production) recorded in Libya?
- The lowest recorded value was 3.19 in 2016.
- How does Libya rank for fossil-fuel subsidies (consumption and production)?
- Libya ranks 32nd out of 201 countries with data for 2024.
- Is fossil-fuel subsidies (consumption and production) rising or falling in Libya?
- Over the last ten years it is down 0.5%. The long-run trend across the full record is rising.
- Where does this Libya 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).