Explicit fossil fuel subsidies as a share of GDP in Belize

Belize: Explicit fossil fuel subsidies as a share of GDP was 0.0% in 2020. β—† Volatile

Latest (2020)
0.0%
World rank
137th
of 187 countries
All-time high
2.2%
in 2014
All-time low
0.0%
in 2010
Years of data
11
2010–2020

Explicit fossil fuel subsidies as a share of GDP in Belize, 2010–2020

00.511.522010201520202010: 0 %2011: 2.1 %2012: 2.2 %2013: 2.1 %2014: 2.2 %2015: 0 %2016: 0 %2017: 0 %2018: 0 %2019: 0 %2020: 0 %

Source: Data from multiple sources compiled by the UN (2023) – processed by Our World in Data. Measured in %.

Analysis

Belize recorded 0.0% for explicit fossil fuel subsidies as a share of gdp in 2020. That is the lowest value across all 11 years on record.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Belize peaked at 2.2% in 2014 and was at its lowest, 0.0%, in 2010.

That places Belize 137th out of 187 countries with data for 2020, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.9% 0.0% 2.2% 10
2020s 0.0% 0.0% 0.0% 1

Countries ranked near Belize

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See the full ranking of 187 places β†’

More energy & mining data for Belize

All data for Belize β†’

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Belize?
Explicit fossil fuel subsidies as a share of gdp in Belize was 0.0% in 2020, 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 Belize?
The highest recorded value was 2.2% in 2014.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Belize?
The lowest recorded value was 0.0% in 2010.
How does Belize rank for explicit fossil fuel subsidies as a share of gdp?
Belize ranks 137th out of 187 countries with data for 2020.
Where does this Belize 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.

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About this data

Indicator
Explicit fossil fuel subsidies as a share of GDP
Unit
%
Source
Data from multiple sources compiled by the UN (2023) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
187 places, 2,094 data points, 2010–2021
Last refreshed

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.