Libya vs Venezuela: Fossil-fuel subsidies
Libya
7.27 billion billions of current united states dollars
in 2024
Venezuela
7.52 billion billions of current united states dollars
in 2024
Libya rank
30th
Venezuela rank
28th
Fossil-fuel subsidies over time
- Libya
- Venezuela
How they compare
Venezuela currently reports 7.52 billion billions of current united states dollars against 7.27 billion billions of current united states dollars in Libya, a difference of 250.00 million billions of current united states dollars.
Across all 15 years both countries report, Venezuela has been ahead every year.
Libya ranks 30th 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 | Libya | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.34 billion billions of current united states dollars | 18.26 billion billions of current united states dollars | 12.91 billion billions of current united states dollars | Venezuela |
| 2020s | 6.77 billion billions of current united states dollars | 11.14 billion billions of current united states dollars | 4.37 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, Libya or Venezuela?
- Venezuela, at 7.52 billion billions of current united states dollars against 7.27 billion billions of current united states dollars in Libya as of 2024.
- What is the difference in fossil-fuel subsidies between Libya and Venezuela?
- 250.00 million billions of current united states dollars, with Venezuela ahead.
- How many years of comparable data are there for Libya and Venezuela?
- 15 years are reported by both, from 2010 to 2024.
- How do Libya and Venezuela rank globally for fossil-fuel subsidies?
- Libya ranks 30th 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).