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
Explicit fossil fuel subsidies as a share of GDP in Gabon, 2010β2021
Source: Data from multiple sources compiled by the UN (2023) β 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.5% | 0.0% | 1.1% | 10 |
| 2020s | 0.3% | 0.3% | 0.4% | 2 |
Countries ranked near Gabon
More energy & mining data for Gabon
- Fuel imports 6.9% (2023)
- Ores and metals imports 0.7% (2023)
- Ores and metals exports 23.3% (2023)
- Gas production 5.17 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 2,037 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 5.17 terawatt-hours (2024)
- Gas production per person 2,037 kilowatt-hours per person (2024)
- Fuel exports 54.0% (2023)
- Electric power transmission and distribution losses 18.9% (2023)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 65.9% (2023)
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) β 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) β 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.