Chart · Our World in Data
ChartOur World in Data
Explicit fossil fuel subsidies as a share of GDP
Subsidies are pre-tax and for both the production and consumption of fossil fuels. Production subsidies reduce the cost of producing coal, oil or gas. Consumption subsidies cut fuel prices for the end user, such as by fixing the price at the petrol pump so that it is less than the market rate.
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International Energy Agency, Organisation for Economic Co-operation and Development and International Monetary Fund via United Nations Global SDG Database
Attribution: UNEP
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