Fossil fuel subsidies in Turkmenistan

Turkmenistan: Fossil fuel subsidies was 6.23 billion in 2023. β—† Volatile

Latest (2023)
6.23 billion
Change on year
down 68.7%
World rank
31st
of 149 countries
All-time high
19.91 billion
in 2022
All-time low
1.80 billion
in 2020
Years of data
14
2010–2023

Fossil fuel subsidies in Turkmenistan, 2010–2023

05.0B10.0B15.0B20.0B2010201620232010: 7.2B2011: 8.2B2012: 8.6B2013: 8.4B2014: 7.5B2015: 4.7B2016: 3.3B2017: 3.4B2018: 3.8B2019: 2.9B2020: 1.8B2021: 6.6B2022: 19.9B2023: 6.2B

Source: Our World in Data.

Analysis

The most recent figure for fossil fuel subsidies in Turkmenistan is 6.23 billion, measured in 2023.

That represents a change of down 68.7% on the previous year and down 25.9% over ten years.

Over the whole period, fossil fuel subsidies in Turkmenistan peaked at 19.91 billion in 2022 and was at its lowest, 1.80 billion, in 2020.

That places Turkmenistan 31st out of 149 countries with data for 2023, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2010s 5.78 billion 2.85 billion 8.60 billion 10
2020s 8.64 billion 1.80 billion 19.91 billion 4

Countries ranked near Turkmenistan

  1. 28 Bangladesh 8.00 billion compare
  2. 29 Colombia 7.44 billion compare
  3. 30 Malaysia 6.37 billion compare
  4. 32 Nigeria 5.91 billion compare
  5. 33 Ireland 5.26 billion compare
  6. 34 Ukraine 5.24 billion compare

See the full ranking of 149 places β†’

More energy & mining data for Turkmenistan

All data for Turkmenistan β†’

Frequently asked questions

What is fossil fuel subsidies in Turkmenistan?
Fossil fuel subsidies in Turkmenistan was 6.23 billion in 2023, according to Our World in Data.
What is the highest fossil fuel subsidies recorded in Turkmenistan?
The highest recorded value was 19.91 billion in 2022.
What is the lowest fossil fuel subsidies recorded in Turkmenistan?
The lowest recorded value was 1.80 billion in 2020.
How does Turkmenistan rank for fossil fuel subsidies?
Turkmenistan ranks 31st out of 149 countries with data for 2023.
Is fossil fuel subsidies rising or falling in Turkmenistan?
Over the last ten years it is down 25.9%. The long-run trend across the full record is volatile.
Where does this Turkmenistan data come from?
The figures come from Our World in Data, published as part of Fossil fuel subsidies. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 14 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Fossil fuel subsidies
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
149 places, 1,727 data points, 2010–2024
Last refreshed