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

Latest (2023)
1.38 billion constant 2023 US$
Change on year
down 61.5%
World rank
31st
of 48 countries
All-time high
3.58 billion constant 2023 US$
in 2022
All-time low
0 constant 2023 US$
in 2010
Years of data
14
2010–2023

Explicit consumption subsidies for fossil fuels in Bolivia, 2010–2023

01.0B2.0B3.0B4.0B2010201620232010: 0 constant 2023 US$2011: 0 constant 2023 US$2012: 1.8B constant 2023 US$2013: 2.4B constant 2023 US$2014: 2.3B constant 2023 US$2015: 750.1M constant 2023 US$2016: 441.1M constant 2023 US$2017: 653.7M constant 2023 US$2018: 1.3B constant 2023 US$2019: 892.4M constant 2023 US$2020: 338.5M constant 2023 US$2021: 1.5B constant 2023 US$2022: 3.6B constant 2023 US$2023: 1.4B constant 2023 US$

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

Annual values for Explicit consumption subsidies for fossil fuels in Bolivia, 2010 to 2023.
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

DecadeAverage LowestHighest 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

  1. 28 Ecuador 1.73 billion constant 2023 US$ compare
  2. 29 Taiwan 1.58 billion constant 2023 US$ compare
  3. 30 Thailand 1.44 billion constant 2023 US$ compare
  4. 32 Sri Lanka 852.51 million constant 2023 US$ compare
  5. 33 Trinidad and Tobago 804.60 million constant 2023 US$ compare
  6. 34 Colombia 749.47 million constant 2023 US$ compare

See the full ranking of 48 places →

More energy & mining data for Bolivia

All data for Bolivia →

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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Explicit consumption subsidies for fossil fuels in Bolivia. Statizoid, drawing on International Energy Agency (2024) – with minor processing by Our World in Data. Retrieved 27 September 2026, from https://energy.statizoid.com/stat/consumption-subsidies-for-fossil-fuels/bolivia/

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About this data

Indicator
Explicit consumption subsidies for fossil fuels
Unit
constant 2023 US$
Source
International Energy Agency (2024) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
48 places, 672 data points, 2010–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in living costs between countries.