Explicit fossil fuel subsidies as a share of GDP in Greece

Greece: Explicit fossil fuel subsidies as a share of GDP was 1.1% in 2021. β–Ό Falling

Latest (2021)
1.1%
Change on year
up 1.9%
World rank
43rd
of 187 countries
All-time high
2.1%
in 2013
All-time low
1.0%
in 2020
Years of data
12
2010–2021

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

00.511.522010201520212010: 1.3 %2011: 1.4 %2012: 1.9 %2013: 2.1 %2014: 1.6 %2015: 1.2 %2016: 1.1 %2017: 1.2 %2018: 1.2 %2019: 1.1 %2020: 1 %2021: 1.1 %

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

Analysis

The most recent figure for explicit fossil fuel subsidies as a share of gdp in Greece is 1.1%, measured in 2021.

That represents a change of up 1.9% on the previous year and down 26.4% over ten years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Greece peaked at 2.1% in 2013 and was at its lowest, 1.0%, in 2020.

Greece ranks 43rd of 187 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.4% 1.1% 2.1% 10
2020s 1.1% 1.0% 1.1% 2

Countries ranked near Greece

  1. 40 Vietnam 1.3% compare
  2. 41 Colombia 1.2% compare
  3. 42 Sri Lanka 1.2% compare
  4. 43 Lithuania 1.1% compare
  5. 45 South Africa 1.0% compare
  6. 46 Nigeria 1.0% compare

See the full ranking of 187 places β†’

More energy & mining data for Greece

All data for Greece β†’

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Greece?
Explicit fossil fuel subsidies as a share of gdp in Greece was 1.1% 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 Greece?
The highest recorded value was 2.1% in 2013.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Greece?
The lowest recorded value was 1.0% in 2020.
How does Greece rank for explicit fossil fuel subsidies as a share of gdp?
Greece ranks 43rd out of 187 countries with data for 2021.
Is explicit fossil fuel subsidies as a share of gdp rising or falling in Greece?
Over the last ten years it is down 26.4%. The long-run trend across the full record is falling.
Where does this Greece 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.