Consumption subsidies for fossil fuels in China

China: Consumption subsidies for fossil fuels was 49.03 billion in 2023. ▲ Rising

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

Consumption subsidies for fossil fuels in China, 2010–2023

20.0B40.0B60.0B80.0B100.0B2010201620232010: 45.7B2011: 47.8B2012: 39.0B2013: 30.2B2014: 27.5B2015: 26.5B2016: 50.6B2017: 50.2B2018: 53.0B2019: 33.5B2020: 18.0B2021: 42.8B2022: 94.0B2023: 49.0B

Source: Our World in Data.

Analysis

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

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

Over the whole period, consumption subsidies for fossil fuels in China peaked at 94.02 billion in 2022 and was at its lowest, 18.00 billion, 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.

Averages by decade

DecadeAverage LowestHighest Years
2010s 40.40 billion 26.47 billion 53.02 billion 10
2020s 50.95 billion 18.00 billion 94.02 billion 4

Countries ranked near China

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

See the full ranking of 48 places →

More energy & mining data for China

All data for China →

Frequently asked questions

What is consumption subsidies for fossil fuels in China?
Consumption subsidies for fossil fuels in China was 49.03 billion in 2023, according to Our World in Data.
What is the highest consumption subsidies for fossil fuels recorded in China?
The highest recorded value was 94.02 billion in 2022.
What is the lowest consumption subsidies for fossil fuels recorded in China?
The lowest recorded value was 18.00 billion in 2020.
How does China rank for consumption subsidies for fossil fuels?
China ranks 4th out of 48 countries with data for 2023.
Is 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 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