Fossil-fuel subsidies in Mongolia

Mongolia: Fossil-fuel subsidies was 580.00 million billions of current united states dollars in 2022. ◆ Volatile

Latest (2022)
580.00 million billions of current united states dollars
Change on year
up 41.5%
World rank
74th
of 149 countries
All-time high
580.00 million billions of current united states dollars
in 2022
All-time low
30.00 million billions of current united states dollars
in 2014
Years of data
9
2014–2022

Fossil-fuel subsidies in Mongolia, 2014–2022

0200.0M400.0M600.0M2014201820222014: 30.0M billions of current united states dollars2015: 100.0M billions of current united states dollars2016: 120.0M billions of current united states dollars2017: 260.0M billions of current united states dollars2018: 330.0M billions of current united states dollars2019: 340.0M billions of current united states dollars2020: 300.0M billions of current united states dollars2021: 410.0M billions of current united states dollars2022: 580.0M 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

Mongolia recorded 580.00 million billions of current united states dollars for fossil-fuel subsidies in 2022. That is the highest value across all 9 years on record.

That represents a change of up 41.5% on the previous year and up 1,833.3% over ten years.

Over the whole period, fossil-fuel subsidies in Mongolia peaked at 580.00 million billions of current united states dollars in 2022 and was at its lowest, 30.00 million billions of current united states dollars, in 2014.

Mongolia ranks 74th of 149 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 196.67 million billions of current united states dollars 30.00 million billions of current united states dollars 340.00 million billions of current united states dollars 6
2020s 430.00 million billions of current united states dollars 300.00 million billions of current united states dollars 580.00 million billions of current united states dollars 3

Countries ranked near Mongolia

  1. 71 Myanmar 720.00 million billions of current united states dollars compare
  2. 72 Ghana 630.00 million billions of current united states dollars compare
  3. 73 Democratic Republic of Congo 600.00 million billions of current united states dollars compare
  4. 75 Denmark 510.00 million billions of current united states dollars compare
  5. 75 Jordan 510.00 million billions of current united states dollars compare
  6. 75 Tanzania 510.00 million billions of current united states dollars compare

See the full ranking of 149 places →

More energy & mining data for Mongolia

All data for Mongolia →

Frequently asked questions

What is fossil-fuel subsidies in Mongolia?
Fossil-fuel subsidies in Mongolia was 580.00 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 Mongolia?
The highest recorded value was 580.00 million billions of current united states dollars in 2022.
What is the lowest fossil-fuel subsidies recorded in Mongolia?
The lowest recorded value was 30.00 million billions of current united states dollars in 2014.
How does Mongolia rank for fossil-fuel subsidies?
Mongolia ranks 74th out of 149 countries with data for 2022.
Is fossil-fuel subsidies rising or falling in Mongolia?
Over the last ten years it is up 1,833.3%. The long-run trend across the full record is volatile.
Where does this Mongolia 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 — 9 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)