Explicit fossil fuel subsidies as a share of GDP in Benin

Benin: Explicit fossil fuel subsidies as a share of GDP was 0.9% in 2020. β—† Volatile

Latest (2020)
0.9%
Change on year
down 29.7%
World rank
51st
of 187 countries
All-time high
1.6%
in 2011
All-time low
0.0%
in 2012
Years of data
11
2010–2020

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

00.511.52010201520202010: 1.4 %2011: 1.6 %2012: 0 %2013: 0 %2014: 0 %2015: 0.95 %2016: 0.82 %2017: 0.9 %2018: 1.2 %2019: 1.3 %2020: 0.9 %

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

Analysis

The most recent figure for explicit fossil fuel subsidies as a share of gdp in Benin is 0.9%, measured in 2020.

Compared with earlier readings it is down 29.7% on the previous year and down 33.8% over ten years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Benin peaked at 1.6% in 2011 and was at its lowest, 0.0%, in 2012.

That places Benin 51st 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 0.8% 0.0% 1.6% 10
2020s 0.9% 0.9% 0.9% 1

Countries ranked near Benin

  1. 48 Antigua and Barbuda 0.9% compare
  2. 48 Niger 0.9% compare
  3. 50 Togo 0.9% compare
  4. 52 Malaysia 0.8% compare
  5. 53 Zambia 0.8% compare
  6. 54 Ghana 0.8% compare
  7. 54 Myanmar 0.8% compare

See the full ranking of 187 places β†’

More energy & mining data for Benin

All data for Benin β†’

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Benin?
Explicit fossil fuel subsidies as a share of gdp in Benin was 0.9% 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 Benin?
The highest recorded value was 1.6% in 2011.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Benin?
The lowest recorded value was 0.0% in 2012.
How does Benin rank for explicit fossil fuel subsidies as a share of gdp?
Benin ranks 51st out of 187 countries with data for 2020.
Is explicit fossil fuel subsidies as a share of gdp rising or falling in Benin?
Over the last ten years it is down 33.8%. The long-run trend across the full record is volatile.
Where does this Benin 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.