Explicit fossil fuel subsidies as a share of GDP in Georgia

Georgia: Explicit fossil fuel subsidies as a share of GDP was 0.1% in 2021. β—† Volatile

Latest (2021)
0.1%
Change on year
down 67.6%
World rank
112th
of 187 countries
All-time high
0.3%
in 2020
All-time low
0.1%
in 2011
Years of data
12
2010–2021

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

00.10.20.32010201520212010: 0.06 %2011: 0.05 %2012: 0.06 %2013: 0.08 %2014: 0.08 %2015: 0.07 %2016: 0.05 %2017: 0.05 %2018: 0.05 %2019: 0.05 %2020: 0.34 %2021: 0.11 %

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

Analysis

In 2021, explicit fossil fuel subsidies as a share of gdp in Georgia stood at 0.1%.

The figure is down 67.6% on the previous year and up 120.0% over ten years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Georgia peaked at 0.3% in 2020 and was at its lowest, 0.1%, in 2011.

That places Georgia 112th 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 0.1% 0.1% 0.1% 10
2020s 0.2% 0.1% 0.3% 2

Countries ranked near Georgia

  1. 109 Mongolia 0.1% compare
  2. 109 Spain 0.1% compare
  3. 111 Costa Rica 0.1% compare
  4. 112 Cambodia 0.1% compare
  5. 112 Mali 0.1% compare
  6. 115 Burkina Faso 0.1% compare
  7. 115 Morocco 0.1% compare
  8. 115 Sierra Leone 0.1% compare

See the full ranking of 187 places β†’

More energy & mining data for Georgia

All data for Georgia β†’

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Georgia?
Explicit fossil fuel subsidies as a share of gdp in Georgia was 0.1% 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 Georgia?
The highest recorded value was 0.3% in 2020.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Georgia?
The lowest recorded value was 0.1% in 2011.
How does Georgia rank for explicit fossil fuel subsidies as a share of gdp?
Georgia ranks 112th out of 187 countries with data for 2021.
Is explicit fossil fuel subsidies as a share of gdp rising or falling in Georgia?
Over the last ten years it is up 120.0%. The long-run trend across the full record is volatile.
Where does this Georgia 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.