Explicit fossil fuel subsidies as a share of GDP in Vietnam
Vietnam: Explicit fossil fuel subsidies as a share of GDP was 0.8% in 2024. ◆ Volatile
Explicit fossil fuel subsidies as a share of GDP in Vietnam, 2010–2024
Source: United Nations Environment Programme – with minor processing by Our World in Data. Measured in %.
Analysis
The most recent figure for explicit fossil fuel subsidies as a share of gdp in Vietnam is 0.8%, measured in 2024.
That represents a change of down 19.8% on the previous year and up 63.8% over ten years.
Over the whole period, explicit fossil fuel subsidies as a share of gdp in Vietnam peaked at 8.4% in 2022 and was at its lowest, 0.0%, in 2015.
That places Vietnam 45th out of 194 countries with data for 2024, putting it 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 Vietnam, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 1.5% | — |
| 2011 | 1.8% | +23.5% |
| 2012 | 2.3% | +26.6% |
| 2013 | 0.8% | -67.0% |
| 2014 | 0.5% | -39.0% |
| 2015 | 0.0% | -93.6% |
| 2016 | 0.0% | +33.3% |
| 2017 | 0.1% | +50.0% |
| 2018 | 0.2% | +216.7% |
| 2019 | 0.1% | -26.3% |
| 2020 | 0.1% | +7.1% |
| 2021 | 1.4% | +826.7% |
| 2022 | 8.4% | +507.2% |
| 2023 | 1.0% | -88.6% |
| 2024 | 0.8% | -19.8% |
Vietnam compared with similar countries
- Vietnam's 0.8% is above the median for upper middle income countries, which is 0.1%, 7.0× the median. (57 countries reporting)
- Vietnam's 0.8% is above the median for East Asia & Pacific, which is 0.0%, 77.0× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Explicit fossil fuel subsidies as a share of GDP in Vietnam changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +826.7% | 0.1% | 1.4% |
| 2022 | +507.2% | 1.4% | 8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.7% | 0.0% | 2.3% | 10 |
| 2020s | 2.3% | 0.1% | 8.4% | 5 |
Countries ranked near Vietnam
More energy & mining data for Vietnam
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate 3.71 % 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 (2025)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 7.9% (2023)
Frequently asked questions
- What is explicit fossil fuel subsidies as a share of gdp in Vietnam?
- Explicit fossil fuel subsidies as a share of gdp in Vietnam was 0.8% 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 Vietnam?
- The highest recorded value was 8.4% in 2022.
- What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Vietnam?
- The lowest recorded value was 0.0% in 2015.
- How does Vietnam rank for explicit fossil fuel subsidies as a share of gdp?
- Vietnam ranks 45th out of 194 countries with data for 2024.
- Is explicit fossil fuel subsidies as a share of gdp rising or falling in Vietnam?
- Over the last ten years it is up 63.8%. The long-run trend across the full record is volatile.
- Where does this Vietnam 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.
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About this data
Fossil-fuel subsidies (consumption and production) as a proportion of total GDP (%).