Explicit fossil fuel subsidies as a share of GDP in Latvia

Latvia: Explicit fossil fuel subsidies as a share of GDP was 0.6% in 2024. ▼ Falling

Latest (2024)
0.6%
Change on year
down 52.1%
World rank
56th
of 194 countries
All-time high
1.2%
in 2013
All-time low
0.6%
in 2024
Years of data
14
2010–2024

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

00.250.50.7511.22010201720242010: 0.76 %2011: 0.86 %2012: 1.1 %2013: 1.2 %2014: 1.1 %2015: 0.87 %2016: 0.89 %2017: 0.9 %2018: 0.74 %2019: 0.73 %2020: 0.62 %2021: 0.61 %2023: 1.2 %2024: 0.56 %

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

Analysis

In 2024, explicit fossil fuel subsidies as a share of gdp in Latvia stood at 0.6%. That is the lowest value across all 14 years on record.

That represents a change of down 52.1% on the previous year and down 50.9% over ten years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Latvia peaked at 1.2% in 2013 and was at its lowest, 0.6%, in 2024.

That places Latvia 56th out of 194 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 14 years of available data.

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

Annual values for Explicit fossil fuel subsidies as a share of GDP in Latvia, 2010 to 2024.
Year % Change
2010 0.8% —
2011 0.9% +13.2%
2012 1.1% +25.6%
2013 1.2% +8.3%
2014 1.1% -2.6%
2015 0.9% -23.7%
2016 0.9% +2.3%
2017 0.9% +1.1%
2018 0.7% -17.8%
2019 0.7% -1.4%
2020 0.6% -15.1%
2021 0.6% -1.6%
2023 1.2% +91.8%
2024 0.6% -52.1%

Latvia compared with similar countries

  • Latvia's 0.6% is above the median for high income countries, which is 0.3%, 2.1× the median. (65 countries reporting)
  • Latvia's 0.6% is above the median for Europe & Central Asia, which is 0.4%, 1.3× the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.9% 0.7% 1.2% 10
2020s 0.7% 0.6% 1.2% 4

Countries ranked near Latvia

  1. 54 Nigeria 0.6% compare
  2. 55 Tunisia 0.6% compare
  3. 57 Australia 0.5% compare
  4. 58 Austria 0.5% compare
  5. 59 China 0.5% compare

See the full ranking of 194 places →

More energy & mining data for Latvia

All data for Latvia →

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Latvia?
Explicit fossil fuel subsidies as a share of gdp in Latvia was 0.6% 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 Latvia?
The highest recorded value was 1.2% in 2013.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Latvia?
The lowest recorded value was 0.6% in 2024.
How does Latvia rank for explicit fossil fuel subsidies as a share of gdp?
Latvia ranks 56th out of 194 countries with data for 2024.
Is explicit fossil fuel subsidies as a share of gdp rising or falling in Latvia?
Over the last ten years it is down 50.9%. The long-run trend across the full record is falling.
Where does this Latvia 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 Latvia. 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/latvia/

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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 (%).