Explicit fossil fuel subsidies as a share of GDP in Sweden

Sweden: Explicit fossil fuel subsidies as a share of GDP was 0.5% in 2021. β–Ό Falling

Latest (2021)
0.5%
Change on year
up 20.5%
World rank
72nd
of 187 countries
All-time high
0.8%
in 2010
All-time low
0.3%
in 2017
Years of data
12
2010–2021

Explicit fossil fuel subsidies as a share of GDP in Sweden, 2010–2021

00.20.40.60.82010201520212010: 0.75 %2011: 0.69 %2012: 0.49 %2013: 0.41 %2014: 0.42 %2015: 0.28 %2016: 0.31 %2017: 0.27 %2018: 0.29 %2019: 0.31 %2020: 0.39 %2021: 0.47 %

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

Analysis

Sweden recorded 0.5% for explicit fossil fuel subsidies as a share of gdp in 2021.

Compared with earlier readings it is up 20.5% on the previous year and down 31.9% over ten years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Sweden peaked at 0.8% in 2010 and was at its lowest, 0.3%, in 2017.

Sweden ranks 72nd of 187 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.4% 0.3% 0.8% 10
2020s 0.4% 0.4% 0.5% 2

Countries ranked near Sweden

  1. 69 Finland 0.6% compare
  2. 70 Thailand 0.5% compare
  3. 71 St. Vincent and the Grenadines 0.5% compare
  4. 73 Denmark 0.4% compare
  5. 74 Lao PDR 0.4% compare
  6. 75 Brazil 0.4% compare
  7. 75 France 0.4% compare
  8. 75 Mauritius 0.4% compare

See the full ranking of 187 places β†’

More energy & mining data for Sweden

All data for Sweden β†’

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Sweden?
Explicit fossil fuel subsidies as a share of gdp in Sweden was 0.5% in 2021, 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 Sweden?
The highest recorded value was 0.8% in 2010.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Sweden?
The lowest recorded value was 0.3% in 2017.
How does Sweden rank for explicit fossil fuel subsidies as a share of gdp?
Sweden ranks 72nd out of 187 countries with data for 2021.
Is explicit fossil fuel subsidies as a share of gdp rising or falling in Sweden?
Over the last ten years it is down 31.9%. The long-run trend across the full record is falling.
Where does this Sweden 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.

Download this data

CSV Β· JSON β€” 12 observations, free to reuse under CC BY 4.0 (Our World in Data).

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.