Fossil Fuel Support - Detailed Indicators in Latvia
Latvia: Fossil Fuel Support - Detailed Indicators was 0.4789 Percentage of GDP in 2024. ◆ Volatile
Fossil Fuel Support - Detailed Indicators in Latvia, 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Latvia recorded 0.4789 Percentage of GDP for fossil fuel support - detailed indicators in 2024. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 52.1% on the previous year and down 57.4% over ten years.
Over the whole period, fossil fuel support - detailed indicators in Latvia peaked at 56.75 Percentage of GDP in 2022 and was at its lowest, 0.4789 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 Latvia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2010 | 0.8439 Percentage of GDP | — |
| 2011 | 0.8555 Percentage of GDP | +1.4% |
| 2012 | 1.14 Percentage of GDP | +33.8% |
| 2013 | 1.18 Percentage of GDP | +3.1% |
| 2014 | 1.12 Percentage of GDP | -4.8% |
| 2015 | 1.03 Percentage of GDP | -8.7% |
| 2016 | 1.04 Percentage of GDP | +1.4% |
| 2017 | 1.01 Percentage of GDP | -3.0% |
| 2018 | 0.7674 Percentage of GDP | -23.9% |
| 2019 | 0.7585 Percentage of GDP | -1.2% |
| 2020 | 0.6165 Percentage of GDP | -18.7% |
| 2021 | 0.5689 Percentage of GDP | -7.7% |
| 2022 | 56.75 Percentage of GDP | +9875.2% |
| 2023 | 0.9998 Percentage of GDP | -98.2% |
| 2024 | 0.4789 Percentage of GDP | -52.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.9748 Percentage of GDP | 0.7585 Percentage of GDP | 1.18 Percentage of GDP | 10 |
| 2020s | 11.88 Percentage of GDP | 0.4789 Percentage of GDP | 56.75 Percentage of GDP | 5 |
Countries ranked near Latvia
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Frequently asked questions
- What is fossil fuel support - detailed indicators in Latvia?
- Fossil fuel support - detailed indicators in Latvia was 0.4789 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 Latvia?
- The highest recorded value was 56.75 Percentage of GDP in 2022.
- What is the lowest fossil fuel support - detailed indicators recorded in Latvia?
- The lowest recorded value was 0.4789 Percentage of GDP in 2024.
- How does Latvia rank for fossil fuel support - detailed indicators?
- Latvia ranks 7th out of 12 groups with data for 2024.
- Is fossil fuel support - detailed indicators rising or falling in Latvia?
- Over the last ten years it is down 57.4%. The long-run trend across the full record is volatile.
- Where does this Latvia 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.