Explicit consumption subsidies for fossil fuels in China

China: Explicit consumption subsidies for fossil fuels was 49.03 billion constant 2023 US$ in 2023. ▲ Rising

Latest (2023)
49.03 billion constant 2023 US$
Change on year
down 47.8%
World rank
4th
of 48 countries
All-time high
94.02 billion constant 2023 US$
in 2022
All-time low
18.00 billion constant 2023 US$
in 2020
Years of data
14
2010–2023

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

20.0B40.0B60.0B80.0B100.0B2010201620232010: 45.7B constant 2023 US$2011: 47.8B constant 2023 US$2012: 39.0B constant 2023 US$2013: 30.2B constant 2023 US$2014: 27.5B constant 2023 US$2015: 26.5B constant 2023 US$2016: 50.6B constant 2023 US$2017: 50.2B constant 2023 US$2018: 53.0B constant 2023 US$2019: 33.5B constant 2023 US$2020: 18.0B constant 2023 US$2021: 42.8B constant 2023 US$2022: 94.0B constant 2023 US$2023: 49.0B constant 2023 US$

Source: International Energy Agency (2024) – with minor processing by Our World in Data. Measured in constant 2023 US$.

Analysis

The most recent figure for explicit consumption subsidies for fossil fuels in China is 49.03 billion constant 2023 US$, measured in 2023.

The figure is down 47.8% on the previous year and up 62.2% over ten years.

Over the whole period, explicit consumption subsidies for fossil fuels in China peaked at 94.02 billion constant 2023 US$ in 2022 and was at its lowest, 18.00 billion constant 2023 US$, in 2020.

China ranks 4th of 48 countries on this measure, in the top 10%.

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

Explicit consumption subsidies for fossil fuels in China, year by year

Annual values for Explicit consumption subsidies for fossil fuels in China, 2010 to 2023.
Year constant 2023 US$ Change
2010 45.70 billion constant 2023 US$ —
2011 47.82 billion constant 2023 US$ +4.6%
2012 39.03 billion constant 2023 US$ -18.4%
2013 30.24 billion constant 2023 US$ -22.5%
2014 27.53 billion constant 2023 US$ -9.0%
2015 26.47 billion constant 2023 US$ -3.9%
2016 50.58 billion constant 2023 US$ +91.1%
2017 50.19 billion constant 2023 US$ -0.8%
2018 53.02 billion constant 2023 US$ +5.6%
2019 33.46 billion constant 2023 US$ -36.9%
2020 18.00 billion constant 2023 US$ -46.2%
2021 42.75 billion constant 2023 US$ +137.4%
2022 94.02 billion constant 2023 US$ +119.9%
2023 49.03 billion constant 2023 US$ -47.8%

China compared with similar countries

  • China's 49.03 billion constant 2023 US$ is above the median for upper middle income countries, which is 5.24 billion constant 2023 US$, 9.4× the median. (21 countries reporting)
  • China's 49.03 billion constant 2023 US$ is above the median for East Asia & Pacific, which is 4.98 billion constant 2023 US$, 9.8× the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 40.40 billion constant 2023 US$ 26.47 billion constant 2023 US$ 53.02 billion constant 2023 US$ 10
2020s 50.95 billion constant 2023 US$ 18.00 billion constant 2023 US$ 94.02 billion constant 2023 US$ 4

Countries ranked near China

  1. 1 Russia 126.31 billion constant 2023 US$ compare
  2. 2 Iran 81.82 billion constant 2023 US$ compare
  3. 3 Saudi Arabia 59.29 billion constant 2023 US$ compare
  4. 5 India 47.36 billion constant 2023 US$ compare
  5. 6 Indonesia 29.27 billion constant 2023 US$ compare
  6. 7 Egypt 28.98 billion constant 2023 US$ compare

See the full ranking of 48 places →

More energy & mining data for China

All data for China →

Frequently asked questions

What is explicit consumption subsidies for fossil fuels in China?
Explicit consumption subsidies for fossil fuels in China was 49.03 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 China?
The highest recorded value was 94.02 billion constant 2023 US$ in 2022.
What is the lowest explicit consumption subsidies for fossil fuels recorded in China?
The lowest recorded value was 18.00 billion constant 2023 US$ in 2020.
How does China rank for explicit consumption subsidies for fossil fuels?
China ranks 4th out of 48 countries with data for 2023.
Is explicit consumption subsidies for fossil fuels rising or falling in China?
Over the last ten years it is up 62.2%. The long-run trend across the full record is rising.
Where does this China 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 China. 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/china/

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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.