Explicit fossil fuel subsidies as a share of GDP in Sri Lanka
Sri Lanka: Explicit fossil fuel subsidies as a share of GDP was 1.7% in 2024. ◆ Volatile
Explicit fossil fuel subsidies as a share of GDP in Sri Lanka, 2010–2024
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 Sri Lanka stood at 1.7%.
The figure is up 29.3% on the previous year and up 282.2% over ten years.
Over the whole period, explicit fossil fuel subsidies as a share of gdp in Sri Lanka peaked at 3.1% in 2022 and was at its lowest, 0.1%, in 2016.
Sri Lanka ranks 32nd of 194 countries on this measure, in the top quarter.
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 Sri Lanka, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 0.8% | — |
| 2011 | 1.4% | +65.1% |
| 2012 | 0.9% | -37.2% |
| 2013 | 0.4% | -54.7% |
| 2014 | 0.5% | +15.4% |
| 2015 | 0.2% | -57.8% |
| 2016 | 0.1% | -47.4% |
| 2017 | 0.2% | +130.0% |
| 2018 | 0.4% | +87.0% |
| 2019 | 0.5% | +9.3% |
| 2020 | 0.3% | -36.2% |
| 2021 | 1.2% | +300.0% |
| 2022 | 3.1% | +161.7% |
| 2023 | 1.3% | -57.6% |
| 2024 | 1.7% | +29.3% |
Sri Lanka compared with similar countries
- Sri Lanka's 1.7% is above the median for upper middle income countries, which is 0.1%, 15.6× the median. (57 countries reporting)
- Sri Lanka's 1.7% is above the median for South Asia, which is 0.7%, 2.6× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.5% | 0.1% | 1.4% | 10 |
| 2020s | 1.5% | 0.3% | 3.1% | 5 |
Countries ranked near Sri Lanka
More energy & mining data for Sri Lanka
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 4.83 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 21.5% (2024)
Frequently asked questions
- What is explicit fossil fuel subsidies as a share of gdp in Sri Lanka?
- Explicit fossil fuel subsidies as a share of gdp in Sri Lanka was 1.7% 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 Sri Lanka?
- The highest recorded value was 3.1% in 2022.
- What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Sri Lanka?
- The lowest recorded value was 0.1% in 2016.
- How does Sri Lanka rank for explicit fossil fuel subsidies as a share of gdp?
- Sri Lanka ranks 32nd out of 194 countries with data for 2024.
- Is explicit fossil fuel subsidies as a share of gdp rising or falling in Sri Lanka?
- Over the last ten years it is up 282.2%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka 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.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Fossil-fuel subsidies (consumption and production) as a proportion of total GDP (%).