Explicit fossil fuel subsidies as a share of GDP in Mongolia
Mongolia: Explicit fossil fuel subsidies as a share of GDP was 0.1% in 2020. ◆ Volatile
Explicit fossil fuel subsidies as a share of GDP in Mongolia, 2010–2020
Source: Data from multiple sources compiled by the UN (2023) – processed by Our World in Data. Measured in %.
Analysis
In 2020, explicit fossil fuel subsidies as a share of gdp in Mongolia stood at 0.1%.
That represents a change of down 33.3% on the previous year.
Over the whole period, explicit fossil fuel subsidies as a share of gdp in Mongolia peaked at 0.2% in 2017 and was at its lowest, 0.0%, in 2010.
That places Mongolia 109th out of 187 countries with data for 2020, putting it 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.1% | 0.0% | 0.2% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 1 |
Countries ranked near Mongolia
More energy & mining data for Mongolia
- Fuel imports 22.9% (2023)
- Ores and metals imports 0.3% (2023)
- Ores and metals exports 26.3% (2023)
- Gas production 0 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0 terawatt-hours (2024)
- Gas production per person 0 kilowatt-hours per person (2024)
- Fuel exports 61.1% (2023)
- Electric power transmission and distribution losses 14.2% (2023)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 44.3% (2023)
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 0.1% in 2020, 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 Mongolia?
- The highest recorded value was 0.2% in 2017.
- 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 109th out of 187 countries with data for 2020.
- Where does this Mongolia 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
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.