Explicit fossil fuel subsidies as a share of GDP in Equatorial Guinea
Equatorial Guinea: Explicit fossil fuel subsidies as a share of GDP was 0.0% in 2020. ◆ Volatile
Explicit fossil fuel subsidies as a share of GDP in Equatorial Guinea, 2010–2020
Source: Data from multiple sources compiled by the UN (2023) – processed by Our World in Data. Measured in %.
Analysis
In 2020, explicit fossil fuel subsidies as a share of gdp in Equatorial Guinea stood at 0.0%.
That represents a change of down 93.3% on the previous year and up 100.0% over ten years.
Over the whole period, explicit fossil fuel subsidies as a share of gdp in Equatorial Guinea peaked at 0.6% in 2019 and was at its lowest, 0.0%, in 2010.
That places Equatorial Guinea 126th 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.2% | 0.0% | 0.6% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 1 |
Countries ranked near Equatorial Guinea
More energy & mining data for Equatorial Guinea
- Fuel imports 2.7% (1983)
- Ores and metals imports 1.0% (1983)
- Gas production 72.07 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 38,081 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 72.07 terawatt-hours (2024)
- Gas production per person 38,081 kilowatt-hours per person (2024)
- Fuel exports 1.7% (1983)
- Electric power transmission and distribution losses 10.6% (2023)
- Renewable freshwater resources per capita 14,416 cubic meters (2022)
- Internal renewable freshwater resources by region 26 billion cubic meters (2022)
Frequently asked questions
- What is explicit fossil fuel subsidies as a share of gdp in Equatorial Guinea?
- Explicit fossil fuel subsidies as a share of gdp in Equatorial Guinea 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 Equatorial Guinea?
- The highest recorded value was 0.6% in 2019.
- What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Equatorial Guinea?
- The lowest recorded value was 0.0% in 2010.
- How does Equatorial Guinea rank for explicit fossil fuel subsidies as a share of gdp?
- Equatorial Guinea ranks 126th out of 187 countries with data for 2020.
- Is explicit fossil fuel subsidies as a share of gdp rising or falling in Equatorial Guinea?
- Over the last ten years it is up 100.0%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea 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
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.