Consumption subsidies for fossil fuels in Bangladesh

Bangladesh: Consumption subsidies for fossil fuels was 8.00 billion in 2023. ◆ Volatile

Latest (2023)
8.00 billion
Change on year
down 67.6%
World rank
18th
of 48 countries
All-time high
24.66 billion
in 2022
All-time low
1.22 billion
in 2016
Years of data
14
2010–2023

Consumption subsidies for fossil fuels in Bangladesh, 2010–2023

05.0B10.0B15.0B20.0B25.0B2010201620232010: 6.9B2011: 8.1B2012: 10.8B2013: 6.3B2014: 4.0B2015: 2.0B2016: 1.2B2017: 1.6B2018: 3.3B2019: 1.9B2020: 1.4B2021: 7.5B2022: 24.7B2023: 8.0B

Source: Our World in Data.

Analysis

Bangladesh recorded 8.00 billion for consumption subsidies for fossil fuels in 2023.

The figure is down 67.6% on the previous year and up 27.8% over ten years.

Over the whole period, consumption subsidies for fossil fuels in Bangladesh peaked at 24.66 billion in 2022 and was at its lowest, 1.22 billion, in 2016.

That places Bangladesh 18th out of 48 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Consumption subsidies for fossil fuels in Bangladesh, year by year

Annual values for Consumption subsidies for fossil fuels in Bangladesh, 2010 to 2023.
Year Value Change
2010 6.94 billion
2011 8.15 billion +17.4%
2012 10.80 billion +32.6%
2013 6.25 billion -42.1%
2014 3.95 billion -36.8%
2015 1.98 billion -49.8%
2016 1.22 billion -38.4%
2017 1.60 billion +31.2%
2018 3.27 billion +103.6%
2019 1.92 billion -41.2%
2020 1.39 billion -27.5%
2021 7.46 billion +435.8%
2022 24.66 billion +230.3%
2023 8.00 billion -67.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 4.61 billion 1.22 billion 10.80 billion 10
2020s 10.38 billion 1.39 billion 24.66 billion 4

Countries ranked near Bangladesh

  1. 15 Argentina 9.07 billion compare
  2. 16 Kuwait 8.95 billion compare
  3. 17 Libya 8.05 billion compare
  4. 19 Malaysia 6.37 billion compare
  5. 20 Turkmenistan 6.23 billion compare
  6. 21 Nigeria 5.91 billion compare

See the full ranking of 48 places →

More energy & mining data for Bangladesh

All data for Bangladesh →

Frequently asked questions

What is consumption subsidies for fossil fuels in Bangladesh?
Consumption subsidies for fossil fuels in Bangladesh was 8.00 billion in 2023, according to Our World in Data.
What is the highest consumption subsidies for fossil fuels recorded in Bangladesh?
The highest recorded value was 24.66 billion in 2022.
What is the lowest consumption subsidies for fossil fuels recorded in Bangladesh?
The lowest recorded value was 1.22 billion in 2016.
How does Bangladesh rank for consumption subsidies for fossil fuels?
Bangladesh ranks 18th out of 48 countries with data for 2023.
Is consumption subsidies for fossil fuels rising or falling in Bangladesh?
Over the last ten years it is up 27.8%. The long-run trend across the full record is volatile.
Where does this Bangladesh 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).

Share, cite or embed this page

Cite this page

Consumption subsidies for fossil fuels in Bangladesh. Statizoid, drawing on Our World in Data. Retrieved 23 August 2026, from https://energy.statizoid.com/stat/consumption-subsidies-for-fossil-fuels/bangladesh/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://energy.statizoid.com/stat/consumption-subsidies-for-fossil-fuels/bangladesh/">Consumption subsidies for fossil fuels in Bangladesh</a> — Statizoid

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