Explicit consumption subsidies for fossil fuels in Bolivia
Bolivia: Explicit consumption subsidies for fossil fuels was 1.38 billion constant 2023 US$ in 2023. ◆ Volatile
Explicit consumption subsidies for fossil fuels in Bolivia, 2010–2023
Source: International Energy Agency (2024) – with minor processing by Our World in Data. Measured in constant 2023 US$.
Analysis
In 2023, explicit consumption subsidies for fossil fuels in Bolivia stood at 1.38 billion constant 2023 US$.
That represents a change of down 61.5% on the previous year and down 43.2% over ten years.
Over the whole period, explicit consumption subsidies for fossil fuels in Bolivia peaked at 3.58 billion constant 2023 US$ in 2022 and was at its lowest, 0 constant 2023 US$, in 2010.
That places Bolivia 31st out of 48 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Explicit consumption subsidies for fossil fuels in Bolivia, year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 2010 | 0 constant 2023 US$ | — |
| 2011 | 0 constant 2023 US$ | — |
| 2012 | 1.84 billion constant 2023 US$ | — |
| 2013 | 2.43 billion constant 2023 US$ | +31.9% |
| 2014 | 2.27 billion constant 2023 US$ | -6.4% |
| 2015 | 750.13 million constant 2023 US$ | -67.0% |
| 2016 | 441.06 million constant 2023 US$ | -41.2% |
| 2017 | 653.75 million constant 2023 US$ | +48.2% |
| 2018 | 1.28 billion constant 2023 US$ | +95.1% |
| 2019 | 892.42 million constant 2023 US$ | -30.0% |
| 2020 | 338.50 million constant 2023 US$ | -62.1% |
| 2021 | 1.53 billion constant 2023 US$ | +352.0% |
| 2022 | 3.58 billion constant 2023 US$ | +134.2% |
| 2023 | 1.38 billion constant 2023 US$ | -61.5% |
Bolivia compared with similar countries
- Bolivia's 1.38 billion constant 2023 US$ is below the median for lower middle income countries, which is 8.58 billion constant 2023 US$, 16% of the median. (10 countries reporting)
- Bolivia's 1.38 billion constant 2023 US$ is above the median for Latin America & Caribbean, which is 1.09 billion constant 2023 US$, 1.3× the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.06 billion constant 2023 US$ | 0 constant 2023 US$ | 2.43 billion constant 2023 US$ | 10 |
| 2020s | 1.71 billion constant 2023 US$ | 338.50 million constant 2023 US$ | 3.58 billion constant 2023 US$ | 4 |
Countries ranked near Bolivia
- 28 Ecuador 1.73 billion constant 2023 US$ compare
- 29 Taiwan 1.58 billion constant 2023 US$ compare
- 30 Thailand 1.44 billion constant 2023 US$ compare
- 32 Sri Lanka 852.51 million constant 2023 US$ compare
- 33 Trinidad and Tobago 804.60 million constant 2023 US$ compare
- 34 Colombia 749.47 million constant 2023 US$ compare
More energy & mining data for Bolivia
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 6.34 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 29.2% (2024)
Frequently asked questions
- What is explicit consumption subsidies for fossil fuels in Bolivia?
- Explicit consumption subsidies for fossil fuels in Bolivia was 1.38 billion constant 2023 US$ in 2023, according to International Energy Agency (2024) – with minor processing by Our World in Data.
- What is the highest explicit consumption subsidies for fossil fuels recorded in Bolivia?
- The highest recorded value was 3.58 billion constant 2023 US$ in 2022.
- What is the lowest explicit consumption subsidies for fossil fuels recorded in Bolivia?
- The lowest recorded value was 0 constant 2023 US$ in 2010.
- How does Bolivia rank for explicit consumption subsidies for fossil fuels?
- Bolivia ranks 31st out of 48 countries with data for 2023.
- Is explicit consumption subsidies for fossil fuels rising or falling in Bolivia?
- Over the last ten years it is down 43.2%. The long-run trend across the full record is volatile.
- Where does this Bolivia data come from?
- The figures come from International Energy Agency (2024) – with minor processing by Our World in Data, published as part of Explicit consumption subsidies for fossil fuels. Statizoid updates them automatically from the source API.
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About this data
This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in living costs between countries.