Explicit fossil fuel subsidies as a share of GDP in Australia
Australia: Explicit fossil fuel subsidies as a share of GDP was 0.7% in 2021. ▲ Rising
Explicit fossil fuel subsidies as a share of GDP in Australia, 2010–2021
Source: Data from multiple sources compiled by the UN (2023) – processed by Our World in Data. Measured in %.
Analysis
In 2021, explicit fossil fuel subsidies as a share of gdp in Australia stood at 0.7%. That is the highest value across all 12 years on record.
That represents a change of up 24.5% on the previous year and up 11.9% over ten years.
Over the whole period, explicit fossil fuel subsidies as a share of gdp in Australia peaked at 0.7% in 2021 and was at its lowest, 0.3%, in 2015.
Australia ranks 64th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.5% | 0.3% | 0.6% | 10 |
| 2020s | 0.6% | 0.5% | 0.7% | 2 |
Countries ranked near Australia
More energy & mining data for Australia
- Fuel imports 11.7% (2025)
- Ores and metals imports 1.9% (2025)
- Ores and metals exports 34.6% (2025)
- Gas production 1,486 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 55,080 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 1,486 terawatt-hours (2025)
- Gas production per person 55,080 kilowatt-hours per person (2025)
- Fuel exports 26.9% (2025)
- Electric power transmission and distribution losses 4.7% (2024)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 45.8% (2023)
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 0.7% in 2021, according to Data from multiple sources compiled by the UN (2023) – processed 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 2021.
- What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Australia?
- The lowest recorded value was 0.3% in 2015.
- How does Australia rank for explicit fossil fuel subsidies as a share of gdp?
- Australia ranks 64th out of 187 countries with data for 2021.
- Is explicit fossil fuel subsidies as a share of gdp rising or falling in Australia?
- Over the last ten years it is up 11.9%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Data from multiple sources compiled by the UN (2023) – processed 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.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Subsidies are pre-tax and for both the production and consumption of fossil fuels. Production subsidies reduce the cost of producing coal, oil or gas. Consumption subsidies cut fuel prices for the end user, such as by fixing the price at the petrol pump so that it is less than the market rate.