Explicit fossil fuel subsidies as a share of GDP in Gabon

Gabon: Explicit fossil fuel subsidies as a share of GDP was 0.3% in 2021. β—† Volatile

Latest (2021)
0.3%
Change on year
down 15.8%
World rank
81st
of 187 countries
All-time high
1.1%
in 2014
All-time low
0.0%
in 2010
Years of data
12
2010–2021

Explicit fossil fuel subsidies as a share of GDP in Gabon, 2010–2021

00.250.50.7512010201520212010: 0 %2011: 0 %2012: 0.48 %2013: 0.78 %2014: 1.1 %2015: 0.96 %2016: 0.86 %2017: 0.34 %2018: 0.33 %2019: 0.27 %2020: 0.38 %2021: 0.32 %

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

Analysis

Gabon recorded 0.3% for explicit fossil fuel subsidies as a share of gdp in 2021.

That represents a change of down 15.8% on the previous year and down 62.8% over five years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Gabon peaked at 1.1% in 2014 and was at its lowest, 0.0%, in 2010.

That places Gabon 81st out of 187 countries with data for 2021, 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 0.5% 0.0% 1.1% 10
2020s 0.3% 0.3% 0.4% 2

Countries ranked near Gabon

  1. 78 Romania 0.4% compare
  2. 78 Rwanda 0.4% compare
  3. 78 Turkey 0.4% compare
  4. 81 Israel 0.3% compare
  5. 83 Jordan 0.3% compare
  6. 84 Afghanistan 0.3% compare
  7. 84 Portugal 0.3% compare

See the full ranking of 187 places β†’

More energy & mining data for Gabon

All data for Gabon β†’

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Gabon?
Explicit fossil fuel subsidies as a share of gdp in Gabon was 0.3% in 2021, 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 Gabon?
The highest recorded value was 1.1% in 2014.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Gabon?
The lowest recorded value was 0.0% in 2010.
How does Gabon rank for explicit fossil fuel subsidies as a share of gdp?
Gabon ranks 81st out of 187 countries with data for 2021.
Where does this Gabon 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.