Fossil Fuel Support - Detailed Indicators in Australia

Australia: Fossil Fuel Support - Detailed Indicators was 0.4645 Percentage of GDP in 2024. ▼ Falling

Latest (2024)
0.4645 Percentage of GDP
Change on year
up 2.7%
World rank
21st
of 38 countries
All-time high
0.5537 Percentage of GDP
in 2011
All-time low
0.4187 Percentage of GDP
in 2022
Years of data
15
2010–2024

Fossil Fuel Support - Detailed Indicators in Australia, 2010–2024

00.20.40.62010201720242010: 0.523 Percentage of GDP2011: 0.554 Percentage of GDP2012: 0.464 Percentage of GDP2013: 0.467 Percentage of GDP2014: 0.469 Percentage of GDP2015: 0.465 Percentage of GDP2016: 0.456 Percentage of GDP2017: 0.464 Percentage of GDP2018: 0.455 Percentage of GDP2019: 0.444 Percentage of GDP2020: 0.425 Percentage of GDP2021: 0.448 Percentage of GDP2022: 0.419 Percentage of GDP2023: 0.452 Percentage of GDP2024: 0.464 Percentage of GDP

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.

Analysis

The most recent figure for fossil fuel support - detailed indicators in Australia is 0.4645 Percentage of GDP, measured in 2024.

That represents a change of up 2.7% on the previous year and down 1.0% over ten years.

Over the whole period, fossil fuel support - detailed indicators in Australia peaked at 0.5537 Percentage of GDP in 2011 and was at its lowest, 0.4187 Percentage of GDP, in 2022.

Australia ranks 21st of 38 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 15 years of available data.

Fossil Fuel Support - Detailed Indicators in Australia, year by year

Annual values for Fossil Fuel Support - Detailed Indicators in Australia, 2010 to 2024.
Year Percentage of GDP Change
2010 0.5235 Percentage of GDP
2011 0.5537 Percentage of GDP +5.8%
2012 0.4641 Percentage of GDP -16.2%
2013 0.4666 Percentage of GDP +0.5%
2014 0.4694 Percentage of GDP +0.6%
2015 0.4647 Percentage of GDP -1.0%
2016 0.4564 Percentage of GDP -1.8%
2017 0.4641 Percentage of GDP +1.7%
2018 0.4549 Percentage of GDP -2.0%
2019 0.4442 Percentage of GDP -2.3%
2020 0.425 Percentage of GDP -4.3%
2021 0.4484 Percentage of GDP +5.5%
2022 0.4187 Percentage of GDP -6.6%
2023 0.4524 Percentage of GDP +8.0%
2024 0.4645 Percentage of GDP +2.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.4762 Percentage of GDP 0.4442 Percentage of GDP 0.5537 Percentage of GDP 10
2020s 0.4418 Percentage of GDP 0.4187 Percentage of GDP 0.4645 Percentage of GDP 5

Countries ranked near Australia

  1. 18 Luxembourg 0.555 Percentage of GDP compare
  2. 19 Azerbaijan 0.5411 Percentage of GDP compare
  3. 20 Austria 0.5238 Percentage of GDP compare
  4. 22 Belgium 0.3916 Percentage of GDP compare
  5. 23 China 0.3799 Percentage of GDP compare
  6. 24 Finland 0.3596 Percentage of GDP compare

See the full ranking of 53 places →

More energy & mining data for Australia

All data for Australia →

Frequently asked questions

What is fossil fuel support - detailed indicators in Australia?
Fossil fuel support - detailed indicators in Australia was 0.4645 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest fossil fuel support - detailed indicators recorded in Australia?
The highest recorded value was 0.5537 Percentage of GDP in 2011.
What is the lowest fossil fuel support - detailed indicators recorded in Australia?
The lowest recorded value was 0.4187 Percentage of GDP in 2022.
How does Australia rank for fossil fuel support - detailed indicators?
Australia ranks 21st out of 38 countries with data for 2024.
Is fossil fuel support - detailed indicators rising or falling in Australia?
Over the last ten years it is down 1.0%. The long-run trend across the full record is falling.
Where does this Australia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Fossil Fuel Support - Detailed Indicators. Statizoid updates them automatically from the source API.

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Fossil Fuel Support - Detailed Indicators in Australia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 22 August 2026, from https://energy.statizoid.com/stat/fossil-fuel-support-detailed-indicators/australia/

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About this data

Indicator
Fossil Fuel Support - Detailed Indicators
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
53 places, 795 data points, 2010–2024
Last refreshed

Methodology: https://www.oecd.org/fossil-fuels/methodology/: National Data: http://stats.oecd.org/wbos/fileview2.aspx?IDFile81561a30-0f52-4c7b-8946-9eeb28e73f01 OECD Fossil Fuel Support Portal: https://www.oecd.org/fossil-fuels/ Contact: ffs.contact@oecd.org Source: OECD Companion to the Inventory of Support Measures for Fossil Fuels 2021 Last updated: December 2025, annual data. Data for 2024 are preliminary and may contain OECD-generated estimates. Key statistical concept: PSE: Producer Support Estimate GSSE: General Services Support Estimate CSE: Consumer Support Estimate EXTRACT: Extraction or mining stage TRANS: Transportation of fossil fuels (e.g., through pipelines) REFIN: Refining or processing stage GENER: Use of fossil fuels in ectricity generation INDUS: Use of fossil fuels in the industrial sector END: Other end uses of fossil fuels consumption: Direct consumption returns: Output Returns income: Enterprise Income inputs: Cost of Intermediate Inputs labour: Labour land: Land and natural resources Other comments: 1) Fiscal cost of support measures for fossil fuels are based on information reported by countries through official documentation (e.g. budget reports). Support measures for which such information is not available are excluded from the aggregate amount reported in this table. In addition, support measures in certain countries may not have been exhaustively identified. 2) Tax expenditures are estimates of revenue that is foregone due to a particular feature of the tax system that reduces or postpones tax payments (relative to a jurisdiction’s benchmark tax system) to the benefit of fossil fuels’ producers or users. Hence, (i) tax expenditures estimates can increase either because of greater concessions (relative to the benchmark tax system) or because of an increase in the benchmark itself; (ii) cross-country comparisons of tax expenditures can be misleading due to country-specific benchmark tax systems. 3) Support measures for fossil fuels are included in the Inventory without reference to their economic or environmental effects. No judgment is therefore made as to whether such measures are inefficient or ought to be reformed.