Explicit fossil fuel subsidies as a share of GDP in Malaysia

Malaysia: Explicit fossil fuel subsidies as a share of GDP was 0.8% in 2021. β—† Volatile

Latest (2021)
0.8%
Change on year
up 2,733.3%
World rank
52nd
of 187 countries
All-time high
3.5%
in 2013
All-time low
0.0%
in 2020
Years of data
12
2010–2021

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

01232010201520212010: 1.6 %2011: 2.7 %2012: 3 %2013: 3.5 %2014: 2 %2015: 0.11 %2016: 0.45 %2017: 0.57 %2018: 0.51 %2019: 0.38 %2020: 0.03 %2021: 0.85 %

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 Malaysia is 0.8%, measured in 2021.

That represents a change of up 2,733.3% on the previous year and down 68.0% over ten years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Malaysia peaked at 3.5% in 2013 and was at its lowest, 0.0%, in 2020.

Malaysia ranks 52nd of 187 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.5% 0.1% 3.5% 10
2020s 0.4% 0.0% 0.8% 2

Countries ranked near Malaysia

  1. 50 Togo 0.9% compare
  2. 51 Benin 0.9% compare
  3. 53 Zambia 0.8% compare
  4. 54 Ghana 0.8% compare
  5. 54 Myanmar 0.8% compare

See the full ranking of 187 places β†’

More energy & mining data for Malaysia

All data for Malaysia β†’

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 0.8% 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 Malaysia?
The highest recorded value was 3.5% in 2013.
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 52nd out of 187 countries with data for 2021.
Is explicit fossil fuel subsidies as a share of gdp rising or falling in Malaysia?
Over the last ten years it is down 68.0%. The long-run trend across the full record is volatile.
Where does this Malaysia 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.