Fuel exports in High income
High income: Fuel exports was 11.7% in 2024. ▲ Rising
Fuel exports in High income, 1962–2024
Source: Staff estimates, World Bank (WB). Measured in % of merchandise exports.
Analysis
High income recorded 11.7% for fuel exports in 2024.
Compared with earlier readings it is down 15.0% on the previous year and down 18.4% over ten years.
Over the whole period, fuel exports in High income peaked at 15.7% in 2022 and was at its lowest, 3.7%, in 1966.
High income ranks 25th of 46 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 62 years of available data.
Fuel exports in High income, year by year
| Year | % of merchandise exports | Change |
|---|---|---|
| 1962 | 5.6% | — |
| 1963 | 4.4% | -21.0% |
| 1964 | 4.0% | -9.6% |
| 1965 | 3.9% | -2.0% |
| 1966 | 3.7% | -4.7% |
| 1967 | 3.8% | +2.8% |
| 1968 | 6.1% | +61.0% |
| 1969 | 5.9% | -4.4% |
| 1970 | 4.8% | -18.8% |
| 1971 | 5.0% | +5.3% |
| 1972 | 6.2% | +23.5% |
| 1973 | 5.4% | -13.3% |
| 1974 | 9.2% | +70.7% |
| 1975 | 9.6% | +4.5% |
| 1976 | 9.0% | -5.6% |
| 1977 | 8.3% | -8.1% |
| 1978 | 11.1% | +33.7% |
| 1979 | 11.8% | +6.1% |
| 1980 | 9.5% | -19.1% |
| 1981 | 10.4% | +8.8% |
| 1982 | 10.7% | +3.5% |
| 1983 | 9.2% | -14.3% |
| 1984 | 8.8% | -4.2% |
| 1985 | 10.1% | +14.6% |
| 1986 | 5.4% | -46.2% |
| 1987 | 4.8% | -11.0% |
| 1989 | 4.6% | -4.1% |
| 1990 | 5.7% | +22.0% |
| 1991 | 8.3% | +46.3% |
| 1992 | 7.6% | -8.3% |
| 1993 | 7.5% | -0.7% |
| 1994 | 7.0% | -7.4% |
| 1995 | 6.6% | -5.8% |
| 1996 | 8.2% | +24.6% |
| 1997 | 6.1% | -26.0% |
| 1998 | 7.3% | +19.6% |
| 1999 | 9.7% | +33.7% |
| 2000 | 11.1% | +14.7% |
| 2001 | 11.0% | -0.7% |
| 2002 | 9.9% | -10.1% |
| 2003 | 10.1% | +1.4% |
| 2004 | 10.7% | +6.2% |
| 2005 | 11.6% | +8.1% |
| 2006 | 12.5% | +8.1% |
| 2007 | 12.4% | -0.8% |
| 2008 | 14.3% | +15.1% |
| 2009 | 12.2% | -14.3% |
| 2010 | 13.5% | +10.1% |
| 2011 | 14.7% | +9.6% |
| 2012 | 14.5% | -2.0% |
| 2013 | 14.8% | +2.6% |
| 2014 | 14.4% | -2.9% |
| 2015 | 11.9% | -17.5% |
| 2016 | 10.5% | -11.7% |
| 2017 | 11.8% | +12.3% |
| 2018 | 13.8% | +16.6% |
| 2019 | 13.7% | -0.5% |
| 2020 | 11.4% | -16.4% |
| 2021 | 13.3% | +16.0% |
| 2022 | 15.7% | +18.6% |
| 2023 | 13.8% | -12.2% |
| 2024 | 11.7% | -15.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.7% | 3.7% | 6.1% | 8 |
| 1970s | 8.0% | 4.8% | 11.8% | 10 |
| 1980s | 8.2% | 4.6% | 10.7% | 9 |
| 1990s | 7.4% | 5.7% | 9.7% | 10 |
| 2000s | 11.6% | 9.9% | 14.3% | 10 |
| 2010s | 13.4% | 10.5% | 14.8% | 10 |
| 2020s | 13.2% | 11.4% | 15.7% | 5 |
Countries ranked near High income
- 22 Kazakhstan 56.7% compare
- 23 Iran, Islamic Republic of 56.4% compare
- 24 Cameroon 54.1% compare
- 25 Gabon 54.0% compare
- 26 Cayman Islands 52.3% compare
- 27 Syrian Arab Republic 49.9% compare
- 28 Cyprus 49.1% compare
More energy & mining data for High income
- Fuel imports 11.0% (2024)
- Ores and metals imports 3.3% (2024)
- Ores and metals exports 3.9% (2024)
- Electric power transmission and distribution losses 5.4% (2024)
- Mineral rents 0.5% (2021)
- Natural gas rents 0.5% (2021)
- Total natural resources rents 2.5% (2021)
- Alternative and nuclear energy 17.1% (2024)
- Electric power consumption 8,838 kWh per capita (2024)
- Combustible renewables and waste 6.0% (2023)
Frequently asked questions
- What is fuel exports in High income?
- Fuel exports in High income was 11.7% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest fuel exports recorded in High income?
- The highest recorded value was 15.7% in 2022.
- What is the lowest fuel exports recorded in High income?
- The lowest recorded value was 3.7% in 1966.
- How does High income rank for fuel exports?
- High income ranks 25th out of 46 groups with data for 2024.
- Is fuel exports rising or falling in High income?
- Over the last ten years it is down 18.4%. The long-run trend across the full record is rising.
- Where does this High income 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.