Consumption subsidies for fossil fuels in Argentina

Argentina: Consumption subsidies for fossil fuels was 9.07 billion in 2023. ▼ Falling

Latest (2023)
9.07 billion
Change on year
down 57.2%
World rank
15th
of 48 countries
All-time high
21.18 billion
in 2022
All-time low
3.74 billion
in 2020
Years of data
14
2010–2023

Consumption subsidies for fossil fuels in Argentina, 2010–2023

5.0B10.0B15.0B20.0B2010201620232010: 10.9B2011: 13.8B2012: 12.1B2013: 14.7B2014: 14.6B2015: 9.8B2016: 5.4B2017: 4.2B2018: 6.8B2019: 5.7B2020: 3.7B2021: 17.6B2022: 21.2B2023: 9.1B

Source: Our World in Data.

Analysis

In 2023, consumption subsidies for fossil fuels in Argentina stood at 9.07 billion.

Compared with earlier readings it is down 57.2% on the previous year and down 38.5% over ten years.

Over the whole period, consumption subsidies for fossil fuels in Argentina peaked at 21.18 billion in 2022 and was at its lowest, 3.74 billion, in 2020.

That places Argentina 15th out of 48 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently falling across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 9.80 billion 4.15 billion 14.74 billion 10
2020s 12.89 billion 3.74 billion 21.18 billion 4

Countries ranked near Argentina

  1. 12 Venezuela 13.50 billion compare
  2. 13 Uzbekistan 11.11 billion compare
  3. 14 Pakistan 9.17 billion compare
  4. 16 Kuwait 8.95 billion compare
  5. 17 Libya 8.05 billion compare
  6. 18 Bangladesh 8.00 billion compare

See the full ranking of 48 places →

More energy & mining data for Argentina

All data for Argentina →

Frequently asked questions

What is consumption subsidies for fossil fuels in Argentina?
Consumption subsidies for fossil fuels in Argentina was 9.07 billion in 2023, according to Our World in Data.
What is the highest consumption subsidies for fossil fuels recorded in Argentina?
The highest recorded value was 21.18 billion in 2022.
What is the lowest consumption subsidies for fossil fuels recorded in Argentina?
The lowest recorded value was 3.74 billion in 2020.
How does Argentina rank for consumption subsidies for fossil fuels?
Argentina ranks 15th out of 48 countries with data for 2023.
Is consumption subsidies for fossil fuels rising or falling in Argentina?
Over the last ten years it is down 38.5%. The long-run trend across the full record is falling.
Where does this Argentina data come from?
The figures come from Our World in Data, published as part of Consumption subsidies for fossil fuels. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Consumption subsidies for fossil fuels
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
48 places, 672 data points, 2010–2023
Last refreshed