Explicit fossil fuel subsidies as a share of GDP in Ecuador

Ecuador: Explicit fossil fuel subsidies as a share of GDP was 1.7% in 2024. ◆ Volatile

Latest (2024)
1.7%
Change on year
up 11.7%
World rank
32nd
of 194 countries
All-time high
6.5%
in 2012
All-time low
0.9%
in 2020
Years of data
15
2010–2024

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

02462010201720242010: 3.9 %2011: 6 %2012: 6.5 %2013: 6.3 %2014: 5.6 %2015: 2.6 %2016: 1.6 %2017: 2.4 %2018: 3.3 %2019: 2.9 %2020: 0.91 %2021: 1.7 %2022: 4 %2023: 1.5 %2024: 1.7 %

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

Analysis

The most recent figure for explicit fossil fuel subsidies as a share of gdp in Ecuador is 1.7%, measured in 2024.

The figure is up 11.7% on the previous year and down 69.3% over ten years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Ecuador peaked at 6.5% in 2012 and was at its lowest, 0.9%, in 2020.

That places Ecuador 32nd out of 194 countries with data for 2024, putting it in the top quarter.

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

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

Annual values for Explicit fossil fuel subsidies as a share of GDP in Ecuador, 2010 to 2024.
Year % Change
2010 3.9% —
2011 6.0% +52.3%
2012 6.5% +9.4%
2013 6.3% -3.5%
2014 5.6% -11.1%
2015 2.6% -54.1%
2016 1.6% -39.3%
2017 2.4% +53.2%
2018 3.3% +36.4%
2019 2.9% -10.4%
2020 0.9% -68.8%
2021 1.7% +87.9%
2022 4.0% +132.7%
2023 1.5% -61.3%
2024 1.7% +11.7%

Ecuador compared with similar countries

  • Ecuador's 1.7% is above the median for upper middle income countries, which is 0.1%, 15.6× the median. (57 countries reporting)
  • Ecuador's 1.7% is above the median for Latin America & Caribbean, which is 0.0%, 57.3× the median. (34 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 4.1% 1.6% 6.5% 10
2020s 2.0% 0.9% 4.0% 5

Countries ranked near Ecuador

  1. 29 Croatia 1.9% compare
  2. 30 India 1.8% compare
  3. 31 Moldova 1.8% compare
  4. 32 Sri Lanka 1.7% compare
  5. 34 Syria 1.4% compare
  6. 35 Argentina 1.3% compare

See the full ranking of 194 places →

More energy & mining data for Ecuador

All data for Ecuador →

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Ecuador?
Explicit fossil fuel subsidies as a share of gdp in Ecuador was 1.7% 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 Ecuador?
The highest recorded value was 6.5% in 2012.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Ecuador?
The lowest recorded value was 0.9% in 2020.
How does Ecuador rank for explicit fossil fuel subsidies as a share of gdp?
Ecuador ranks 32nd out of 194 countries with data for 2024.
Is explicit fossil fuel subsidies as a share of gdp rising or falling in Ecuador?
Over the last ten years it is down 69.3%. The long-run trend across the full record is volatile.
Where does this Ecuador 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 Ecuador. 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/ecuador/

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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 (%).