Explicit fossil fuel subsidies as a share of GDP in Libya
Libya: Explicit fossil fuel subsidies as a share of GDP was 10.4% in 2021. ▼ Falling
Explicit fossil fuel subsidies as a share of GDP in Libya, 2010–2021
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 Libya stood at 10.4%.
That represents a change of up 28.8% on the previous year and down 24.6% over ten years.
Over the whole period, explicit fossil fuel subsidies as a share of gdp in Libya peaked at 14.6% in 2014 and was at its lowest, 6.1%, in 2017.
That places Libya 6th out of 187 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently falling across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.1% | 6.1% | 14.6% | 10 |
| 2020s | 9.2% | 8.1% | 10.4% | 2 |
Countries ranked near Libya
More energy & mining data for Libya
- Fuel imports 13.1% (2019)
- Ores and metals imports 1.7% (2019)
- Ores and metals exports 0.7% (2019)
- Gas production 117.26 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 15,721 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 117.26 terawatt-hours (2025)
- Gas production per person 15,721 kilowatt-hours per person (2025)
- Fuel exports 94.4% (2019)
- Electric power transmission and distribution losses 20.2% (2023)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 53.1% (2023)
Frequently asked questions
- What is explicit fossil fuel subsidies as a share of gdp in Libya?
- Explicit fossil fuel subsidies as a share of gdp in Libya was 10.4% 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 Libya?
- The highest recorded value was 14.6% in 2014.
- What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Libya?
- The lowest recorded value was 6.1% in 2017.
- How does Libya rank for explicit fossil fuel subsidies as a share of gdp?
- Libya ranks 6th out of 187 countries with data for 2021.
- Is explicit fossil fuel subsidies as a share of gdp rising or falling in Libya?
- Over the last ten years it is down 24.6%. The long-run trend across the full record is falling.
- Where does this Libya 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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CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.