Fuel exports in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Fuel exports was 20.1% in 2023. ◆ Volatile
Fuel exports in Heavily indebted poor countries (HIPC), 1965–2023
Source: Staff estimates, World Bank (WB). Measured in % of merchandise exports.
Analysis
The most recent figure for fuel exports in Heavily indebted poor countries (HIPC) is 20.1%, measured in 2023.
That represents a change of down 13.7% on the previous year and down 15.9% over ten years.
Over the whole period, fuel exports in Heavily indebted poor countries (HIPC) peaked at 23.9% in 2013 and was at its lowest, 0.7%, in 1965.
That places Heavily indebted poor countries (HIPC) 20th out of 46 groups with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Fuel exports in Heavily indebted poor countries (HIPC), year by year
| Year | % of merchandise exports | Change |
|---|---|---|
| 1965 | 0.7% | — |
| 1967 | 2.1% | +200.9% |
| 1968 | 2.4% | +13.8% |
| 1970 | 1.3% | -46.5% |
| 1971 | 2.0% | +55.7% |
| 1972 | 3.4% | +75.3% |
| 1973 | 6.3% | +82.9% |
| 1974 | 11.5% | +83.4% |
| 1975 | 12.2% | +5.9% |
| 1976 | 12.1% | -0.6% |
| 1977 | 8.6% | -28.8% |
| 1978 | 9.2% | +6.6% |
| 1979 | 13.1% | +42.0% |
| 1996 | 7.3% | -43.8% |
| 1997 | 5.6% | -23.8% |
| 1998 | 4.0% | -28.6% |
| 1999 | 4.8% | +20.4% |
| 2000 | 11.7% | +142.7% |
| 2001 | 11.5% | -1.3% |
| 2002 | 11.5% | -0.3% |
| 2003 | 11.4% | -1.1% |
| 2004 | 12.8% | +12.5% |
| 2005 | 15.7% | +23.1% |
| 2006 | 17.9% | +13.4% |
| 2007 | 23.6% | +32.0% |
| 2008 | 23.6% | +0.3% |
| 2009 | 19.4% | -17.7% |
| 2010 | 20.1% | +3.2% |
| 2011 | 22.6% | +12.6% |
| 2012 | 23.0% | +1.5% |
| 2013 | 23.9% | +4.2% |
| 2014 | 20.5% | -14.2% |
| 2015 | 15.5% | -24.4% |
| 2016 | 9.3% | -39.9% |
| 2017 | 15.4% | +64.7% |
| 2018 | 19.6% | +27.5% |
| 2019 | 20.4% | +4.4% |
| 2020 | 16.5% | -19.5% |
| 2021 | 16.1% | -2.3% |
| 2022 | 23.3% | +45.1% |
| 2023 | 20.1% | -13.7% |
Biggest year-on-year movements
Years where Fuel exports in Heavily indebted poor countries (HIPC) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1967 | +200.9% | 0.7% | 2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.7% | 0.7% | 2.4% | 3 |
| 1970s | 8.0% | 1.3% | 13.1% | 10 |
| 1990s | 5.4% | 4.0% | 7.3% | 4 |
| 2000s | 15.9% | 11.4% | 23.6% | 10 |
| 2010s | 19.0% | 9.3% | 23.9% | 10 |
| 2020s | 19.0% | 16.1% | 23.3% | 4 |
Countries ranked near Heavily indebted poor countries (HIPC)
- 17 United Arab Emirates 68.2% compare
- 18 Timor-Leste 67.4% compare
- 19 Norway 62.3% compare
- 20 Mongolia 61.1% compare
- 21 Mozambique 58.9% compare
- 22 Kazakhstan 56.7% compare
- 23 Iran, Islamic Republic of 56.4% compare
More energy & mining data for Heavily indebted poor countries (HIPC)
- Fuel imports 22.1% (2023)
- Ores and metals imports 1.5% (2023)
- Ores and metals exports 16.2% (2023)
- Electric power transmission and distribution losses 16.8% (2023)
- Mineral rents 5.2% (2021)
- Natural gas rents 0.3% (2021)
- Total natural resources rents 11.3% (2021)
- Alternative and nuclear energy 3.7% (2023)
- Electric power consumption 220.14 kWh per capita (2023)
- Combustible renewables and waste 73.4% (2023)
Frequently asked questions
- What is fuel exports in Heavily indebted poor countries (HIPC)?
- Fuel exports in Heavily indebted poor countries (HIPC) was 20.1% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest fuel exports recorded in Heavily indebted poor countries (HIPC)?
- The highest recorded value was 23.9% in 2013.
- What is the lowest fuel exports recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 0.7% in 1965.
- How does Heavily indebted poor countries (HIPC) rank for fuel exports?
- Heavily indebted poor countries (HIPC) ranks 20th out of 46 groups with data for 2023.
- Is fuel exports rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is down 15.9%. The long-run trend across the full record is volatile.
- Where does this Heavily indebted poor countries (HIPC) data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Fuel exports (% of merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Fuels comprise the commodities in SITC (Rev. 3) section 3 (mineral fuels, lubricants and related materials). This indicator is expressed as a percentage of merchandise exports which is comprised of goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e.