Fossil-fuel subsidies in Ghana
Ghana: Fossil-fuel subsidies was 630.00 million billions of current united states dollars in 2023. ◆ Volatile
Fossil-fuel subsidies in Ghana, 2010–2023
Source: United Nations Environment Programme – processed by Our World in Data. Measured in billions of current united states dollars.
Analysis
Ghana recorded 630.00 million billions of current united states dollars for fossil-fuel subsidies in 2023.
Compared with earlier readings it is down 78.8% on the previous year and up 687.5% over ten years.
Over the whole period, fossil-fuel subsidies in Ghana peaked at 2.97 billion billions of current united states dollars in 2022 and was at its lowest, 40.00 million billions of current united states dollars, in 2014.
Ghana ranks 72nd of 149 countries on this measure, 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 238.00 million billions of current united states dollars | 40.00 million billions of current united states dollars | 490.00 million billions of current united states dollars | 10 |
| 2020s | 1.34 billion billions of current united states dollars | 520.00 million billions of current united states dollars | 2.97 billion billions of current united states dollars | 4 |
Countries ranked near Ghana
- 69 Sri Lanka 850.00 million billions of current united states dollars compare
- 70 Trinidad and Tobago 800.00 million billions of current united states dollars compare
- 71 Myanmar 720.00 million billions of current united states dollars compare
- 73 Democratic Republic of Congo 600.00 million billions of current united states dollars compare
- 74 Mongolia 580.00 million billions of current united states dollars compare
- 75 Denmark 510.00 million billions of current united states dollars compare
- 75 Jordan 510.00 million billions of current united states dollars compare
- 75 Tanzania 510.00 million billions of current united states dollars compare
More energy & mining data for Ghana
- Fuel imports 32.1% (2023)
- Ores and metals imports 1.1% (2023)
- Ores and metals exports 3.8% (2023)
- Gas production 37.02 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 1,075 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 37.02 terawatt-hours (2024)
- Gas production per person 1,075 kilowatt-hours per person (2024)
- Fuel exports 24.5% (2023)
- Electric power transmission and distribution losses 11.2% (2023)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 77.3% (2023)
Frequently asked questions
- What is fossil-fuel subsidies in Ghana?
- Fossil-fuel subsidies in Ghana was 630.00 million billions of current united states dollars in 2023, according to United Nations Environment Programme – processed by Our World in Data.
- What is the highest fossil-fuel subsidies recorded in Ghana?
- The highest recorded value was 2.97 billion billions of current united states dollars in 2022.
- What is the lowest fossil-fuel subsidies recorded in Ghana?
- The lowest recorded value was 40.00 million billions of current united states dollars in 2014.
- How does Ghana rank for fossil-fuel subsidies?
- Ghana ranks 72nd out of 149 countries with data for 2023.
- Is fossil-fuel subsidies rising or falling in Ghana?
- Over the last ten years it is up 687.5%. The long-run trend across the full record is volatile.
- Where does this Ghana 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.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars)