Explicit fossil fuel subsidies as a share of GDP in Cyprus
Cyprus: Explicit fossil fuel subsidies as a share of GDP was 0.3% in 2020. ◆ Volatile
Explicit fossil fuel subsidies as a share of GDP in Cyprus, 2010–2020
Source: Data from multiple sources compiled by the UN (2023) – processed by Our World in Data. Measured in %.
Analysis
Cyprus recorded 0.3% for explicit fossil fuel subsidies as a share of gdp in 2020.
That represents a change of up 92.9% over five years.
Over the whole period, explicit fossil fuel subsidies as a share of gdp in Cyprus peaked at 0.7% in 2016 and was at its lowest, 0.0%, in 2010.
Cyprus ranks 87th of 187 countries on this measure, 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.1% | 0.0% | 0.7% | 10 |
| 2020s | 0.3% | 0.3% | 0.3% | 1 |
Countries ranked near Cyprus
- 84 Afghanistan 0.3% compare
- 84 Portugal 0.3% compare
- 86 Azerbaijan 0.3% compare
- 88 Central African Republic 0.2% compare
- 88 Chad 0.2% compare
- 88 Slovenia 0.2% compare
More energy & mining data for Cyprus
- Fuel imports 22.4% (2024)
- Ores and metals imports 0.7% (2024)
- Ores and metals exports 4.4% (2024)
- Gas production 0 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0 terawatt-hours (2024)
- Gas production per person 0 kilowatt-hours per person (2024)
- Fuel exports 49.1% (2024)
- Electric power transmission and distribution losses 3.0% (2023)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 52.1% (2023)
Frequently asked questions
- What is explicit fossil fuel subsidies as a share of gdp in Cyprus?
- Explicit fossil fuel subsidies as a share of gdp in Cyprus was 0.3% 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 Cyprus?
- The highest recorded value was 0.7% in 2016.
- What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Cyprus?
- The lowest recorded value was 0.0% in 2010.
- How does Cyprus rank for explicit fossil fuel subsidies as a share of gdp?
- Cyprus ranks 87th out of 187 countries with data for 2020.
- Where does this Cyprus 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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CSV · JSON — 11 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.