Explicit fossil fuel subsidies as a share of GDP in Malaysia

Malaysia: Explicit fossil fuel subsidies as a share of GDP was 2.0% in 2024. ◆ Volatile

Latest (2024)
2.0%
Change on year
up 24.8%
World rank
28th
of 194 countries
All-time high
6.2%
in 2012
All-time low
0.0%
in 2020
Years of data
15
2010–2024

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

02462010201720242010: 0.91 %2011: 1.6 %2012: 6.2 %2013: 1.6 %2014: 1.1 %2015: 0.11 %2016: 0.46 %2017: 0.58 %2018: 0.53 %2019: 0.47 %2020: 0.04 %2021: 0.67 %2022: 3.9 %2023: 1.6 %2024: 2 %

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

Analysis

The most recent figure for explicit fossil fuel subsidies as a share of gdp in Malaysia is 2.0%, measured in 2024.

That represents a change of up 24.8% on the previous year and up 86.1% over ten years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Malaysia peaked at 6.2% in 2012 and was at its lowest, 0.0%, in 2020.

Malaysia ranks 28th of 194 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

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

Annual values for Explicit fossil fuel subsidies as a share of GDP in Malaysia, 2010 to 2024.
Year % Change
2010 0.9% —
2011 1.6% +71.4%
2012 6.2% +299.4%
2013 1.6% -74.8%
2014 1.1% -31.2%
2015 0.1% -89.8%
2016 0.5% +318.2%
2017 0.6% +26.1%
2018 0.5% -8.6%
2019 0.5% -11.3%
2020 0.0% -91.5%
2021 0.7% +1575.0%
2022 3.9% +477.6%
2023 1.6% -58.4%
2024 2.0% +24.8%

Malaysia compared with similar countries

  • Malaysia's 2.0% is above the median for upper middle income countries, which is 0.1%, 18.3× the median. (57 countries reporting)
  • Malaysia's 2.0% is above the median for East Asia & Pacific, which is 0.0%, 201.0× the median. (31 countries reporting)

Biggest year-on-year movements

Years where Explicit fossil fuel subsidies as a share of GDP in Malaysia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +1575.0% 0.0% 0.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.4% 0.1% 6.2% 10
2020s 1.6% 0.0% 3.9% 5

Countries ranked near Malaysia

  1. 25 Brunei 2.5% compare
  2. 26 Pakistan 2.1% compare
  3. 27 South Africa 2.1% compare
  4. 29 Croatia 1.9% compare
  5. 30 India 1.8% compare
  6. 31 Moldova 1.8% compare

See the full ranking of 194 places →

More energy & mining data for Malaysia

All data for Malaysia →

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Malaysia?
Explicit fossil fuel subsidies as a share of gdp in Malaysia was 2.0% 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 Malaysia?
The highest recorded value was 6.2% in 2012.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Malaysia?
The lowest recorded value was 0.0% in 2020.
How does Malaysia rank for explicit fossil fuel subsidies as a share of gdp?
Malaysia ranks 28th out of 194 countries with data for 2024.
Is explicit fossil fuel subsidies as a share of gdp rising or falling in Malaysia?
Over the last ten years it is up 86.1%. The long-run trend across the full record is volatile.
Where does this Malaysia 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 Malaysia. 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/malaysia/

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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 (%).