Explicit fossil fuel subsidies as a share of GDP in Mongolia

Mongolia: Explicit fossil fuel subsidies as a share of GDP was 0.4% in 2024. ◆ Volatile

Latest (2024)
0.4%
Change on year
down 2.6%
World rank
66th
of 194 countries
All-time high
0.4%
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 Mongolia, 2010–2024

00.10.20.30.42010201720242010: 0 %2011: 0 %2012: 0 %2013: 0 %2014: 0.22 %2015: 0.16 %2016: 0.16 %2017: 0.18 %2018: 0.19 %2019: 0.22 %2020: 0.25 %2021: 0.31 %2022: 0.44 %2023: 0.38 %2024: 0.37 %

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 Mongolia stood at 0.4%.

That represents a change of down 2.6% on the previous year and up 68.2% over ten years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Mongolia peaked at 0.4% in 2022 and was at its lowest, 0.0%, in 2010.

That places Mongolia 66th out of 194 countries with data for 2024, putting it 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 Mongolia, year by year

Annual values for Explicit fossil fuel subsidies as a share of GDP in Mongolia, 2010 to 2024.
Year % Change
2010 0.0% —
2011 0.0% —
2012 0.0% —
2013 0.0% —
2014 0.2% —
2015 0.2% -27.3%
2016 0.2% +0.0%
2017 0.2% +12.5%
2018 0.2% +5.6%
2019 0.2% +15.8%
2020 0.2% +13.6%
2021 0.3% +24.0%
2022 0.4% +41.9%
2023 0.4% -13.6%
2024 0.4% -2.6%

Mongolia compared with similar countries

  • Mongolia's 0.4% is above the median for upper middle income countries, which is 0.1%, 3.4× the median. (57 countries reporting)
  • Mongolia's 0.4% is above the median for East Asia & Pacific, which is 0.0%, 37.0× the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.1% 0.0% 0.2% 10
2020s 0.3% 0.2% 0.4% 5

Countries ranked near Mongolia

  1. 63 Belgium 0.4% compare
  2. 64 Finland 0.4% compare
  3. 64 Mauritius 0.4% compare
  4. 67 Germany 0.4% compare
  5. 68 Mauritania 0.3% compare
  6. 69 Switzerland 0.3% compare

See the full ranking of 194 places →

More energy & mining data for Mongolia

All data for Mongolia →

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Mongolia?
Explicit fossil fuel subsidies as a share of gdp in Mongolia was 0.4% 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 Mongolia?
The highest recorded value was 0.4% in 2022.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Mongolia?
The lowest recorded value was 0.0% in 2010.
How does Mongolia rank for explicit fossil fuel subsidies as a share of gdp?
Mongolia ranks 66th out of 194 countries with data for 2024.
Is explicit fossil fuel subsidies as a share of gdp rising or falling in Mongolia?
Over the last ten years it is up 68.2%. The long-run trend across the full record is volatile.
Where does this Mongolia 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 Mongolia. 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/mongolia/

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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 (%).