Fossil Fuel Support - Detailed Indicators in Korea
Korea: Fossil Fuel Support - Detailed Indicators was 0.0688 Percentage of GDP in 2024. ◆ Volatile
Fossil Fuel Support - Detailed Indicators in Korea, 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2024, fossil fuel support - detailed indicators in Korea stood at 0.0688 Percentage of GDP. That is the lowest value across all 15 years on record.
That represents a change of down 57.7% on the previous year and down 45.3% over ten years.
Over the whole period, fossil fuel support - detailed indicators in Korea peaked at 0.4106 Percentage of GDP in 2022 and was at its lowest, 0.0688 Percentage of GDP, in 2024.
The series is highly variable year to year, so single readings are best treated with caution.
Fossil Fuel Support - Detailed Indicators in Korea, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2010 | 0.1611 Percentage of GDP | — |
| 2011 | 0.1437 Percentage of GDP | -10.8% |
| 2012 | 0.1346 Percentage of GDP | -6.4% |
| 2013 | 0.138 Percentage of GDP | +2.5% |
| 2014 | 0.1257 Percentage of GDP | -8.9% |
| 2015 | 0.1108 Percentage of GDP | -11.8% |
| 2016 | 0.0874 Percentage of GDP | -21.1% |
| 2017 | 0.0853 Percentage of GDP | -2.4% |
| 2018 | 0.0804 Percentage of GDP | -5.7% |
| 2019 | 0.0801 Percentage of GDP | -0.4% |
| 2020 | 0.079 Percentage of GDP | -1.4% |
| 2021 | 0.1341 Percentage of GDP | +69.9% |
| 2022 | 0.4106 Percentage of GDP | +206.2% |
| 2023 | 0.1626 Percentage of GDP | -60.4% |
| 2024 | 0.0688 Percentage of GDP | -57.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.1147 Percentage of GDP | 0.0801 Percentage of GDP | 0.1611 Percentage of GDP | 10 |
| 2020s | 0.171 Percentage of GDP | 0.0688 Percentage of GDP | 0.4106 Percentage of GDP | 5 |
Countries ranked near Korea
- 9 Mexico 0.7678 Percentage of GDP compare
- 10 Portugal 0.7626 Percentage of GDP compare
- 11 Ireland 0.6941 Percentage of GDP compare
- 12 OECD 0.659 Percentage of GDP compare
- 13 Brazil 0.6482 Percentage of GDP compare
- 14 Czechia 0.6358 Percentage of GDP compare
- 15 Germany 0.615 Percentage of GDP compare
More energy & mining data for Korea
- IPAC Dashboard indicators — Nuclear, level, electricity output 184,693 Index (2025)
- IPAC Dashboard indicators — Share in electricity production - Oil 0.8611 Index (2025)
- IPAC Dashboard indicators — Renewables 10,433 Index (2025)
- Energy use — Total final energy consumption 173,988 Tonnes of oil equivalent (2023)
- Energy use — Direct on-farm energy consumption 1,853 Tonnes of oil equivalent (2023)
Frequently asked questions
- What is fossil fuel support - detailed indicators in Korea?
- Fossil fuel support - detailed indicators in Korea was 0.0688 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 Korea?
- The highest recorded value was 0.4106 Percentage of GDP in 2022.
- What is the lowest fossil fuel support - detailed indicators recorded in Korea?
- The lowest recorded value was 0.0688 Percentage of GDP in 2024.
- How does Korea rank for fossil fuel support - detailed indicators?
- Korea ranks 12th out of 12 groups with data for 2024.
- Is fossil fuel support - detailed indicators rising or falling in Korea?
- Over the last ten years it is down 45.3%. The long-run trend across the full record is volatile.
- Where does this Korea 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.
Download this data
CSV · JSON — 15 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
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.