Explicit fossil fuel subsidies as a share of GDP in India

India: Explicit fossil fuel subsidies as a share of GDP was 1.8% in 2024. ▼ Falling

Latest (2024)
1.8%
Change on year
up 0.5%
World rank
30th
of 194 countries
All-time high
2.8%
in 2013
All-time low
0.9%
in 2020
Years of data
15
2010–2024

Explicit fossil fuel subsidies as a share of GDP in India, 2010–2024

11.522.532010201720242010: 1.4 %2011: 2.5 %2012: 2.6 %2013: 2.8 %2014: 2 %2015: 1.3 %2016: 1.1 %2017: 1.1 %2018: 1.4 %2019: 1 %2020: 0.95 %2021: 1.2 %2022: 1.9 %2023: 1.8 %2024: 1.8 %

Source: United Nations Environment Programme – with minor processing by Our World in Data. Measured in %.

Analysis

India recorded 1.8% for explicit fossil fuel subsidies as a share of gdp in 2024.

That represents a change of up 0.5% on the previous year and down 7.1% over ten years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in India peaked at 2.8% in 2013 and was at its lowest, 0.9%, in 2020.

India ranks 30th of 194 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 15 years of available data.

Explicit fossil fuel subsidies as a share of GDP in India, year by year

Annual values for Explicit fossil fuel subsidies as a share of GDP in India, 2010 to 2024.
Year % Change
2010 1.4% —
2011 2.5% +78.7%
2012 2.6% +2.0%
2013 2.8% +7.0%
2014 2.0% -28.0%
2015 1.3% -35.4%
2016 1.1% -15.6%
2017 1.1% +0.9%
2018 1.4% +25.7%
2019 1.0% -27.0%
2020 0.9% -5.0%
2021 1.2% +29.5%
2022 1.9% +57.7%
2023 1.8% -5.7%
2024 1.8% +0.5%

India compared with similar countries

  • India's 1.8% is above the median for lower middle income countries, which is 0.0%, 46.0× the median. (47 countries reporting)
  • India's 1.8% is above the median for South Asia, which is 0.7%, 2.8× the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.7% 1.0% 2.8% 10
2020s 1.6% 0.9% 1.9% 5

Countries ranked near India

  1. 27 South Africa 2.1% compare
  2. 28 Malaysia 2.0% compare
  3. 29 Croatia 1.9% compare
  4. 31 Moldova 1.8% compare
  5. 32 Ecuador 1.7% compare
  6. 32 Sri Lanka 1.7% compare

See the full ranking of 194 places →

More energy & mining data for India

All data for India →

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in India?
Explicit fossil fuel subsidies as a share of gdp in India was 1.8% in 2024, according to United Nations Environment Programme – with minor processing by Our World in Data.
What is the highest explicit fossil fuel subsidies as a share of gdp recorded in India?
The highest recorded value was 2.8% in 2013.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in India?
The lowest recorded value was 0.9% in 2020.
How does India rank for explicit fossil fuel subsidies as a share of gdp?
India ranks 30th out of 194 countries with data for 2024.
Is explicit fossil fuel subsidies as a share of gdp rising or falling in India?
Over the last ten years it is down 7.1%. The long-run trend across the full record is falling.
Where does this India data come from?
The figures come from United Nations Environment Programme – with minor processing 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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Explicit fossil fuel subsidies as a share of GDP in India. Statizoid, drawing on United Nations Environment Programme – with minor processing by Our World in Data. Retrieved 27 September 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies-gdp/india/

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About this data

Indicator
Explicit fossil fuel subsidies as a share of GDP
Unit
%
Source
United Nations Environment Programme – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 2,687 data points, 2010–2024
Last refreshed

Fossil-fuel subsidies (consumption and production) as a proportion of total GDP (%).