Fossil-fuel subsidies in Equatorial Guinea

Equatorial Guinea: Fossil-fuel subsidies was 120.00 million billions of current united states dollars in 2022. ◆ Volatile

Latest (2022)
120.00 million billions of current united states dollars
Change on year
up 1,100.0%
World rank
111th
of 149 countries
All-time high
120.00 million billions of current united states dollars
in 2022
All-time low
0 billions of current united states dollars
in 2010
Years of data
13
2010–2022

Fossil-fuel subsidies in Equatorial Guinea, 2010–2022

025.0M50.0M75.0M100.0M125.0M2010201620222010: 0 billions of current united states dollars2011: 10.0M billions of current united states dollars2012: 10.0M billions of current united states dollars2013: 10.0M billions of current united states dollars2014: 10.0M billions of current united states dollars2015: 0 billions of current united states dollars2016: 0 billions of current united states dollars2017: 0 billions of current united states dollars2018: 10.0M billions of current united states dollars2019: 20.0M billions of current united states dollars2020: 0 billions of current united states dollars2021: 10.0M billions of current united states dollars2022: 120.0M billions of current united states dollars

Source: United Nations Environment Programme – processed by Our World in Data. Measured in billions of current united states dollars.

Analysis

In 2022, fossil-fuel subsidies in Equatorial Guinea stood at 120.00 million billions of current united states dollars. That is the highest value across all 13 years on record.

That represents a change of up 1,100.0% on the previous year and up 1,100.0% over ten years.

Over the whole period, fossil-fuel subsidies in Equatorial Guinea peaked at 120.00 million billions of current united states dollars in 2022 and was at its lowest, 0 billions of current united states dollars, in 2010.

That places Equatorial Guinea 111th out of 149 countries with data for 2022, putting it 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 7.00 million billions of current united states dollars 0 billions of current united states dollars 20.00 million billions of current united states dollars 10
2020s 43.33 million billions of current united states dollars 0 billions of current united states dollars 120.00 million billions of current united states dollars 3

Countries ranked near Equatorial Guinea

  1. 108 Botswana 140.00 million billions of current united states dollars compare
  2. 108 Maldives 140.00 million billions of current united states dollars compare
  3. 110 Gabon 130.00 million billions of current united states dollars compare
  4. 111 Hungary 120.00 million billions of current united states dollars compare
  5. 113 Congo 110.00 million billions of current united states dollars compare
  6. 113 Laos 110.00 million billions of current united states dollars compare
  7. 113 Rwanda 110.00 million billions of current united states dollars compare

See the full ranking of 149 places →

More energy & mining data for Equatorial Guinea

All data for Equatorial Guinea →

Frequently asked questions

What is fossil-fuel subsidies in Equatorial Guinea?
Fossil-fuel subsidies in Equatorial Guinea was 120.00 million billions of current united states dollars in 2022, according to United Nations Environment Programme – processed by Our World in Data.
What is the highest fossil-fuel subsidies recorded in Equatorial Guinea?
The highest recorded value was 120.00 million billions of current united states dollars in 2022.
What is the lowest fossil-fuel subsidies recorded in Equatorial Guinea?
The lowest recorded value was 0 billions of current united states dollars in 2010.
How does Equatorial Guinea rank for fossil-fuel subsidies?
Equatorial Guinea ranks 111th out of 149 countries with data for 2022.
Is fossil-fuel subsidies rising or falling in Equatorial Guinea?
Over the last ten years it is up 1,100.0%. The long-run trend across the full record is volatile.
Where does this Equatorial Guinea data come from?
The figures come from United Nations Environment Programme – processed by Our World in Data, published as part of Fossil-fuel subsidies. Statizoid updates them automatically from the source API.

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CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Fossil-fuel subsidies
Unit
billions of current united states dollars
Source
United Nations Environment Programme – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
149 places, 1,727 data points, 2010–2024
Last refreshed

Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars)