Argentina vs Venezuela, Bolivarian Republic of: Explicit consumption subsidies for fossil fuels

Argentina
9.07 billion constant 2023 US$
in 2023
Venezuela, Bolivarian Republic of
13.50 billion constant 2023 US$
in 2023
Argentina rank
15th
Venezuela, Bolivarian Republic of rank
12th

Explicit consumption subsidies for fossil fuels over time

  • Argentina
  • Venezuela, Bolivarian Republic of
5.0B10.0B15.0B20.0B25.0B201020162023

How they compare

Venezuela, Bolivarian Republic of currently reports 13.50 billion constant 2023 US$ against 9.07 billion constant 2023 US$ in Argentina, a difference of 4.43 billion constant 2023 US$.

That makes Venezuela, Bolivarian Republic of's figure about 1.5 times Argentina's.

The two have swapped places 6 times across 14 shared years of data; in 2010 it was Venezuela, Bolivarian Republic of ahead.

Argentina ranks 15th and Venezuela, Bolivarian Republic of ranks 12th of 48 countries.

Across the 2 decades both report, Argentina averaged higher in 1 and Venezuela, Bolivarian Republic of in 1.

Head to head by decade

Decade Argentina Venezuela, Bolivarian Republic of Difference Ahead
2010s 9.80 billion constant 2023 US$ 14.42 billion constant 2023 US$ 4.62 billion constant 2023 US$ Venezuela, Bolivarian Republic of
2020s 12.89 billion constant 2023 US$ 11.17 billion constant 2023 US$ 1.72 billion constant 2023 US$ Argentina

Averages of every year both report within each decade.

Frequently asked questions

Which has higher explicit consumption subsidies for fossil fuels, Argentina or Venezuela, Bolivarian Republic of?
Venezuela, Bolivarian Republic of, at 13.50 billion constant 2023 US$ against 9.07 billion constant 2023 US$ in Argentina as of 2023.
What is the difference in explicit consumption subsidies for fossil fuels between Argentina and Venezuela, Bolivarian Republic of?
4.43 billion constant 2023 US$, with Venezuela, Bolivarian Republic of ahead.
How many years of comparable data are there for Argentina and Venezuela, Bolivarian Republic of?
14 years are reported by both, from 2010 to 2023.
How do Argentina and Venezuela, Bolivarian Republic of rank globally for explicit consumption subsidies for fossil fuels?
Argentina ranks 15th and Venezuela, Bolivarian Republic of ranks 12th of 48 countries.
Where does this data come from?
International Energy Agency (2024) – with minor processing by Our World in Data, published as Explicit consumption subsidies for fossil fuels. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Argentina vs Venezuela, Bolivarian Republic of: Explicit consumption subsidies for fossil fuels. Statizoid, drawing on International Energy Agency (2024) – with minor processing by Our World in Data. Retrieved 01 September 2026, from https://energy.statizoid.com/compare/consumption-subsidies-for-fossil-fuels/argentina/venezuela-rb/

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About this data

Indicator
Explicit consumption subsidies for fossil fuels
Unit
constant 2023 US$
Source
International Energy Agency (2024) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
48 places, 672 data points, 2010–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in living costs between countries.