Explicit fossil fuel subsidies as a share of GDP in Maldives

Maldives: Explicit fossil fuel subsidies as a share of GDP was 0.2% in 2024. ◆ Volatile

Latest (2024)
0.2%
Change on year
down 8.7%
World rank
79th
of 194 countries
All-time high
0.2%
in 2022
All-time low
0.0%
in 2010
Years of data
15
2010–2024

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

00.050.10.150.20.252010201720242010: 0 %2011: 0 %2012: 0 %2013: 0 %2014: 0 %2015: 0 %2016: 0 %2017: 0 %2018: 0 %2019: 0.04 %2020: 0.06 %2021: 0.2 %2022: 0.23 %2023: 0.23 %2024: 0.21 %

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

Analysis

Maldives recorded 0.2% for explicit fossil fuel subsidies as a share of gdp in 2024.

Compared with earlier readings it is down 8.7% on the previous year and up 425.0% over five years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Maldives peaked at 0.2% in 2022 and was at its lowest, 0.0%, in 2010.

Maldives ranks 79th of 194 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.

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

Annual values for Explicit fossil fuel subsidies as a share of GDP in Maldives, 2010 to 2024.
Year % Change
2010 0.0% —
2011 0.0% —
2012 0.0% —
2013 0.0% —
2014 0.0% —
2015 0.0% —
2016 0.0% —
2017 0.0% —
2018 0.0% —
2019 0.0% —
2020 0.1% +50.0%
2021 0.2% +233.3%
2022 0.2% +15.0%
2023 0.2% +0.0%
2024 0.2% -8.7%

Maldives compared with similar countries

  • Maldives's 0.2% is above the median for upper middle income countries, which is 0.1%, 1.9× the median. (57 countries reporting)
  • Maldives's 0.2% is below the median for South Asia, which is 0.7%, 32% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.0% 0.0% 0.0% 10
2020s 0.2% 0.1% 0.2% 5

Countries ranked near Maldives

  1. 76 Costa Rica 0.2% compare
  2. 76 Denmark 0.2% compare
  3. 76 Turkey 0.2% compare
  4. 79 Chile 0.2% compare
  5. 79 Morocco 0.2% compare
  6. 82 Mali 0.2% compare

See the full ranking of 194 places →

More energy & mining data for Maldives

All data for Maldives →

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Maldives?
Explicit fossil fuel subsidies as a share of gdp in Maldives was 0.2% 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 Maldives?
The highest recorded value was 0.2% in 2022.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Maldives?
The lowest recorded value was 0.0% in 2010.
How does Maldives rank for explicit fossil fuel subsidies as a share of gdp?
Maldives ranks 79th out of 194 countries with data for 2024.
Where does this Maldives 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 Maldives. 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/maldives/

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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 (%).