Fossil-fuel subsidies in Mongolia
Mongolia: Fossil-fuel subsidies was 60.00 million billions of current united states dollars in 2024. ◆ Volatile
Latest (2024)
60.00 million billions of current united states dollars
Change on year
unchanged
World rank
83rd
of 189 countries
All-time high
60.00 million billions of current united states dollars
in 2022
All-time low
0 billions of current united states dollars
in 2010
Years of data
15
2010–2024
Fossil-fuel subsidies in Mongolia, 2010–2024
Source: United Nations Environment Programme – with minor processing by Our World in Data. Measured in billions of current united states dollars.
Analysis
Mongolia recorded 60.00 million billions of current united states dollars for fossil-fuel subsidies in 2024. That is the highest value across all 15 years on record.
That represents a change of up 100.0% over ten years.
Over the whole period, fossil-fuel subsidies in Mongolia peaked at 60.00 million billions of current united states dollars in 2022 and was at its lowest, 0 billions of current united states dollars, in 2010.
Mongolia ranks 83rd of 189 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.
Fossil-fuel subsidies in Mongolia, year by year
| Year | billions of current united states dollars | Change |
|---|---|---|
| 2010 | 0 billions of current united states dollars | — |
| 2011 | 0 billions of current united states dollars | — |
| 2012 | 0 billions of current united states dollars | — |
| 2013 | 0 billions of current united states dollars | — |
| 2014 | 30.00 million billions of current united states dollars | — |
| 2015 | 20.00 million billions of current united states dollars | -33.3% |
| 2016 | 20.00 million billions of current united states dollars | +0.0% |
| 2017 | 20.00 million billions of current united states dollars | +0.0% |
| 2018 | 20.00 million billions of current united states dollars | +0.0% |
| 2019 | 30.00 million billions of current united states dollars | +50.0% |
| 2020 | 30.00 million billions of current united states dollars | +0.0% |
| 2021 | 40.00 million billions of current united states dollars | +33.3% |
| 2022 | 60.00 million billions of current united states dollars | +50.0% |
| 2023 | 60.00 million billions of current united states dollars | +0.0% |
| 2024 | 60.00 million billions of current united states dollars | +0.0% |
Mongolia compared with similar countries
- Mongolia's 60.00 million billions of current united states dollars is above the median for upper middle income countries, which is 35.00 million billions of current united states dollars, 1.7× the median. (56 countries reporting)
- Mongolia's 60.00 million billions of current united states dollars is above the median for East Asia & Pacific, which is 10.00 million billions of current united states dollars, 6.0× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.00 million billions of current united states dollars | 0 billions of current united states dollars | 30.00 million billions of current united states dollars | 10 |
| 2020s | 50.00 million billions of current united states dollars | 30.00 million billions of current united states dollars | 60.00 million billions of current united states dollars | 5 |
Countries ranked near Mongolia
- 80 Bulgaria 80.00 million billions of current united states dollars compare
- 80 Myanmar 80.00 million billions of current united states dollars compare
- 82 Philippines 70.00 million billions of current united states dollars compare
- 84 Jordan 50.00 million billions of current united states dollars compare
- 84 Mali 50.00 million billions of current united states dollars compare
- 84 Mauritius 50.00 million billions of current united states dollars compare
- 84 Zimbabwe 50.00 million billions of current united states dollars compare
More energy & mining data for Mongolia
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 5.72 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0.0002 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 (2024)
- Fuel imports 22.9% (2023)
Frequently asked questions
- What is fossil-fuel subsidies in Mongolia?
- Fossil-fuel subsidies in Mongolia was 60.00 million billions of current united states dollars in 2024, according to United Nations Environment Programme – with minor processing by Our World in Data.
- What is the highest fossil-fuel subsidies recorded in Mongolia?
- The highest recorded value was 60.00 million billions of current united states dollars in 2022.
- What is the lowest fossil-fuel subsidies recorded in Mongolia?
- The lowest recorded value was 0 billions of current united states dollars in 2010.
- How does Mongolia rank for fossil-fuel subsidies?
- Mongolia ranks 83rd out of 189 countries with data for 2024.
- Is fossil-fuel subsidies rising or falling in Mongolia?
- Over the last ten years it is up 100.0%. 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 – with minor processing by Our World in Data, published as part of Fossil-fuel subsidies. Statizoid updates them automatically from the source API.
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About this data
Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars).