Explicit fossil fuel subsidies as a share of GDP in Romania

Romania: Explicit fossil fuel subsidies as a share of GDP was 0.4% in 2020. β—† Volatile

Latest (2020)
0.4%
Change on year
down 21.7%
World rank
78th
of 187 countries
All-time high
0.5%
in 2017
All-time low
0.0%
in 2010
Years of data
11
2010–2020

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

00.20.40.62010201520202010: 0 %2011: 0 %2012: 0 %2013: 0 %2014: 0 %2015: 0.47 %2016: 0.3 %2017: 0.52 %2018: 0.49 %2019: 0.46 %2020: 0.36 %

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 Romania is 0.4%, measured in 2020.

The figure is down 21.7% on the previous year and down 23.4% over five years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Romania peaked at 0.5% in 2017 and was at its lowest, 0.0%, in 2010.

Romania ranks 78th 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 0.4% 0.4% 0.4% 1

Countries ranked near Romania

  1. 75 Brazil 0.4% compare
  2. 75 France 0.4% compare
  3. 75 Mauritius 0.4% compare
  4. 78 Rwanda 0.4% compare
  5. 78 Turkey 0.4% compare
  6. 81 Gabon 0.3% compare
  7. 81 Israel 0.3% compare

See the full ranking of 187 places β†’

More energy & mining data for Romania

All data for Romania β†’

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Romania?
Explicit fossil fuel subsidies as a share of gdp in Romania was 0.4% 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 Romania?
The highest recorded value was 0.5% in 2017.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Romania?
The lowest recorded value was 0.0% in 2010.
How does Romania rank for explicit fossil fuel subsidies as a share of gdp?
Romania ranks 78th out of 187 countries with data for 2020.
Where does this Romania 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.