Explicit fossil fuel subsidies as a share of GDP in Australia

Australia: Explicit fossil fuel subsidies as a share of GDP was 0.5% in 2024. ▼ Falling

Latest (2024)
0.5%
Change on year
unchanged
World rank
57th
of 194 countries
All-time high
0.7%
in 2011
All-time low
0.4%
in 2020
Years of data
15
2010–2024

Explicit fossil fuel subsidies as a share of GDP in Australia, 2010–2024

00.20.40.60.82010201720242010: 0.6 %2011: 0.72 %2012: 0.61 %2013: 0.58 %2014: 0.54 %2015: 0.44 %2016: 0.45 %2017: 0.48 %2018: 0.47 %2019: 0.44 %2020: 0.43 %2021: 0.52 %2022: 0.48 %2023: 0.51 %2024: 0.51 %

Source: United Nations Environment Programme – with minor processing by Our World in Data. Measured in %.

Analysis

In 2024, explicit fossil fuel subsidies as a share of gdp in Australia stood at 0.5%.

That represents a change of down 5.6% over ten years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Australia peaked at 0.7% in 2011 and was at its lowest, 0.4%, in 2020.

Australia ranks 57th of 194 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 15 years of available data.

Explicit fossil fuel subsidies as a share of GDP in Australia, year by year

Annual values for Explicit fossil fuel subsidies as a share of GDP in Australia, 2010 to 2024.
Year % Change
2010 0.6% —
2011 0.7% +20.0%
2012 0.6% -15.3%
2013 0.6% -4.9%
2014 0.5% -6.9%
2015 0.4% -18.5%
2016 0.5% +2.3%
2017 0.5% +6.7%
2018 0.5% -2.1%
2019 0.4% -6.4%
2020 0.4% -2.3%
2021 0.5% +20.9%
2022 0.5% -7.7%
2023 0.5% +6.3%
2024 0.5% +0.0%

Australia compared with similar countries

  • Australia's 0.5% is above the median for high income countries, which is 0.3%, 1.9× the median. (65 countries reporting)
  • Australia's 0.5% is above the median for East Asia & Pacific, which is 0.0%, 51.0× the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.5% 0.4% 0.7% 10
2020s 0.5% 0.4% 0.5% 5

Countries ranked near Australia

  1. 54 Nigeria 0.6% compare
  2. 55 Tunisia 0.6% compare
  3. 56 Latvia 0.6% compare
  4. 58 Austria 0.5% compare
  5. 59 China 0.5% compare
  6. 60 United Kingdom 0.5% compare

See the full ranking of 194 places →

More energy & mining data for Australia

All data for Australia →

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Australia?
Explicit fossil fuel subsidies as a share of gdp in Australia was 0.5% in 2024, according to United Nations Environment Programme – with minor processing by Our World in Data.
What is the highest explicit fossil fuel subsidies as a share of gdp recorded in Australia?
The highest recorded value was 0.7% in 2011.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Australia?
The lowest recorded value was 0.4% in 2020.
How does Australia rank for explicit fossil fuel subsidies as a share of gdp?
Australia ranks 57th out of 194 countries with data for 2024.
Is explicit fossil fuel subsidies as a share of gdp rising or falling in Australia?
Over the last ten years it is down 5.6%. The long-run trend across the full record is falling.
Where does this Australia data come from?
The figures come from United Nations Environment Programme – with minor processing by Our World in Data, published as part of Explicit fossil fuel subsidies as a share of GDP. Statizoid updates them automatically from the source API.

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Explicit fossil fuel subsidies as a share of GDP in Australia. Statizoid, drawing on United Nations Environment Programme – with minor processing by Our World in Data. Retrieved 27 September 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies-gdp/australia/

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About this data

Indicator
Explicit fossil fuel subsidies as a share of GDP
Unit
%
Source
United Nations Environment Programme – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 2,687 data points, 2010–2024
Last refreshed

Fossil-fuel subsidies (consumption and production) as a proportion of total GDP (%).