Fossil fuel subsidies gdp in Venezuela

Venezuela: Fossil fuel subsidies gdp was 21.33 in 2021. β–² Rising

Latest (2021)
21.33
Change on year
up 282.9%
World rank
1st
of 187 countries
All-time high
21.33
in 2021
All-time low
4.76
in 2016
Years of data
12
2010–2021

Fossil fuel subsidies gdp in Venezuela, 2010–2021

51015202010201520212010: 6.22011: 7.62012: 8.42013: 9.22014: 7.82015: 5.22016: 4.82017: 6.62018: 9.12019: 8.72020: 5.62021: 21.3

Source: Our World in Data.

Analysis

The most recent figure for fossil fuel subsidies gdp in Venezuela is 21.33, measured in 2021. That is the highest value across all 12 years on record.

Compared with earlier readings it is up 282.9% on the previous year and up 181.4% over ten years.

Over the whole period, fossil fuel subsidies gdp in Venezuela peaked at 21.33 in 2021 and was at its lowest, 4.76, in 2016.

That places Venezuela 1st out of 187 countries with data for 2021, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2010s 7.37 4.76 9.25 10
2020s 13.45 5.57 21.33 2

Countries ranked near Venezuela

  1. 2 Turkmenistan 18.3 compare
  2. 3 Algeria 13.55 compare
  3. 4 Iran 12.32 compare

See the full ranking of 187 places β†’

More energy & mining data for Venezuela

All data for Venezuela β†’

Frequently asked questions

What is fossil fuel subsidies gdp in Venezuela?
Fossil fuel subsidies gdp in Venezuela was 21.33 in 2021, according to Our World in Data.
What is the highest fossil fuel subsidies gdp recorded in Venezuela?
The highest recorded value was 21.33 in 2021.
What is the lowest fossil fuel subsidies gdp recorded in Venezuela?
The lowest recorded value was 4.76 in 2016.
How does Venezuela rank for fossil fuel subsidies gdp?
Venezuela ranks 1st out of 187 countries with data for 2021.
Is fossil fuel subsidies gdp rising or falling in Venezuela?
Over the last ten years it is up 181.4%. The long-run trend across the full record is rising.
Where does this Venezuela data come from?
The figures come from Our World in Data, published as part of Fossil fuel subsidies 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
Fossil fuel subsidies gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
187 places, 2,094 data points, 2010–2021
Last refreshed