Explicit fossil fuel subsidies as a share of GDP in Nepal

Nepal: Explicit fossil fuel subsidies as a share of GDP was 0.0% in 2020. β—† Volatile

Latest (2020)
0.0%
Change on year
down 66.7%
World rank
127th
of 187 countries
All-time high
0.5%
in 2016
All-time low
0.0%
in 2010
Years of data
11
2010–2020

Explicit fossil fuel subsidies as a share of GDP in Nepal, 2010–2020

00.20.40.62010201520202010: 0 %2011: 0.07 %2012: 0 %2013: 0 %2014: 0 %2015: 0.2 %2016: 0.51 %2017: 0.45 %2018: 0.2 %2019: 0.09 %2020: 0.03 %

Source: Data from multiple sources compiled by the UN (2023) – processed by Our World in Data. Measured in %.

Analysis

Nepal recorded 0.0% for explicit fossil fuel subsidies as a share of gdp in 2020.

That represents a change of down 66.7% on the previous year and down 85.0% over five years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Nepal peaked at 0.5% in 2016 and was at its lowest, 0.0%, in 2010.

Nepal ranks 127th 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 0.2% 0.0% 0.5% 10
2020s 0.0% 0.0% 0.0% 1

Countries ranked near Nepal

  1. 125 United States 0.1% compare
  2. 126 Equatorial Guinea 0.0% compare
  3. 127 Bhutan 0.0% compare
  4. 127 Guinea-Bissau 0.0% compare
  5. 130 Armenia 0.0% compare
  6. 130 Ireland 0.0% compare
  7. 130 Nauru 0.0% compare
  8. 130 New Zealand 0.0% compare
  9. 130 Philippines 0.0% compare
  10. 130 Senegal 0.0% compare
  11. 130 Slovakia 0.0% compare

See the full ranking of 187 places β†’

More energy & mining data for Nepal

All data for Nepal β†’

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Nepal?
Explicit fossil fuel subsidies as a share of gdp in Nepal was 0.0% 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 Nepal?
The highest recorded value was 0.5% in 2016.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Nepal?
The lowest recorded value was 0.0% in 2010.
How does Nepal rank for explicit fossil fuel subsidies as a share of gdp?
Nepal ranks 127th out of 187 countries with data for 2020.
Where does this Nepal 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.