Kuwait vs Venezuela: Fossil-fuel subsidies
Kuwait
7.98 billion billions of current united states dollars
in 2024
Venezuela
7.52 billion billions of current united states dollars
in 2024
Kuwait rank
25th
Venezuela rank
28th
Fossil-fuel subsidies over time
- Kuwait
- Venezuela
How they compare
Kuwait currently reports 7.98 billion billions of current united states dollars against 7.52 billion billions of current united states dollars in Venezuela, a difference of 460.00 million billions of current united states dollars.
That makes Kuwait's figure about 1.1 times Venezuela's.
The two have swapped places 5 times across 15 shared years of data; in 2010 it was Venezuela ahead.
Kuwait ranks 25th and Venezuela ranks 28th of 189 countries.
Venezuela has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Kuwait | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 7.12 billion billions of current united states dollars | 18.26 billion billions of current united states dollars | 11.14 billion billions of current united states dollars | Venezuela |
| 2020s | 9.80 billion billions of current united states dollars | 11.14 billion billions of current united states dollars | 1.34 billion billions of current united states dollars | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher fossil-fuel subsidies, Kuwait or Venezuela?
- Kuwait, at 7.98 billion billions of current united states dollars against 7.52 billion billions of current united states dollars in Venezuela as of 2024.
- What is the difference in fossil-fuel subsidies between Kuwait and Venezuela?
- 460.00 million billions of current united states dollars, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Venezuela?
- 15 years are reported by both, from 2010 to 2024.
- How do Kuwait and Venezuela rank globally for fossil-fuel subsidies?
- Kuwait ranks 25th and Venezuela ranks 28th of 189 countries.
- Where does this data come from?
- United Nations Environment Programme – with minor processing by Our World in Data, published as Fossil-fuel subsidies. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars).