Consumption subsidies for fossil fuels in Ecuador

Ecuador: Consumption subsidies for fossil fuels was 1.73 billion in 2023. ▼ Falling

Latest (2023)
1.73 billion
Change on year
down 61.1%
World rank
28th
of 48 countries
All-time high
6.19 billion
in 2013
All-time low
912.22 million
in 2020
Years of data
14
2010–2023

Consumption subsidies for fossil fuels in Ecuador, 2010–2023

02.0B4.0B6.0B2010201620232010: 3.6B2011: 5.6B2012: 6.1B2013: 6.2B2014: 5.6B2015: 2.7B2016: 1.6B2017: 2.6B2018: 3.5B2019: 3.2B2020: 912.2M2021: 1.8B2022: 4.5B2023: 1.7B

Source: Our World in Data.

Analysis

Ecuador recorded 1.73 billion for consumption subsidies for fossil fuels in 2023.

The figure is down 61.1% on the previous year and down 72.1% over ten years.

Over the whole period, consumption subsidies for fossil fuels in Ecuador peaked at 6.19 billion in 2013 and was at its lowest, 912.22 million, in 2020.

Ecuador ranks 28th of 48 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2010s 4.08 billion 1.63 billion 6.19 billion 10
2020s 2.23 billion 912.22 million 4.45 billion 4

Countries ranked near Ecuador

  1. 25 Angola 4.99 billion compare
  2. 26 Vietnam 3.60 billion compare
  3. 27 Bahrain 2.81 billion compare
  4. 29 Taiwan 1.58 billion compare
  5. 30 Thailand 1.44 billion compare
  6. 31 Bolivia 1.38 billion compare

See the full ranking of 48 places →

More energy & mining data for Ecuador

All data for Ecuador →

Frequently asked questions

What is consumption subsidies for fossil fuels in Ecuador?
Consumption subsidies for fossil fuels in Ecuador was 1.73 billion in 2023, according to Our World in Data.
What is the highest consumption subsidies for fossil fuels recorded in Ecuador?
The highest recorded value was 6.19 billion in 2013.
What is the lowest consumption subsidies for fossil fuels recorded in Ecuador?
The lowest recorded value was 912.22 million in 2020.
How does Ecuador rank for consumption subsidies for fossil fuels?
Ecuador ranks 28th out of 48 countries with data for 2023.
Is consumption subsidies for fossil fuels rising or falling in Ecuador?
Over the last ten years it is down 72.1%. The long-run trend across the full record is falling.
Where does this Ecuador 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