Explicit consumption subsidies for fossil fuels in Ecuador

Ecuador: Explicit consumption subsidies for fossil fuels was 1.73 billion constant 2023 US$ in 2023. ▼ Falling

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

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

02.0B4.0B6.0B2010201620232010: 3.6B constant 2023 US$2011: 5.6B constant 2023 US$2012: 6.1B constant 2023 US$2013: 6.2B constant 2023 US$2014: 5.6B constant 2023 US$2015: 2.7B constant 2023 US$2016: 1.6B constant 2023 US$2017: 2.6B constant 2023 US$2018: 3.5B constant 2023 US$2019: 3.2B constant 2023 US$2020: 912.2M constant 2023 US$2021: 1.8B constant 2023 US$2022: 4.5B constant 2023 US$2023: 1.7B constant 2023 US$

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

Analysis

Ecuador recorded 1.73 billion constant 2023 US$ for explicit 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, explicit consumption subsidies for fossil fuels in Ecuador peaked at 6.19 billion constant 2023 US$ in 2013 and was at its lowest, 912.22 million constant 2023 US$, 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.

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

Annual values for Explicit consumption subsidies for fossil fuels in Ecuador, 2010 to 2023.
Year constant 2023 US$ Change
2010 3.61 billion constant 2023 US$ —
2011 5.58 billion constant 2023 US$ +54.6%
2012 6.15 billion constant 2023 US$ +10.2%
2013 6.19 billion constant 2023 US$ +0.8%
2014 5.62 billion constant 2023 US$ -9.2%
2015 2.73 billion constant 2023 US$ -51.5%
2016 1.63 billion constant 2023 US$ -40.3%
2017 2.61 billion constant 2023 US$ +60.5%
2018 3.54 billion constant 2023 US$ +35.5%
2019 3.18 billion constant 2023 US$ -10.1%
2020 912.22 million constant 2023 US$ -71.4%
2021 1.85 billion constant 2023 US$ +102.4%
2022 4.45 billion constant 2023 US$ +141.1%
2023 1.73 billion constant 2023 US$ -61.1%

Ecuador compared with similar countries

  • Ecuador's 1.73 billion constant 2023 US$ is below the median for upper middle income countries, which is 5.24 billion constant 2023 US$, 33% of the median. (21 countries reporting)
  • Ecuador's 1.73 billion constant 2023 US$ is above the median for Latin America & Caribbean, which is 1.09 billion constant 2023 US$, 1.6× the median. (8 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 4.08 billion constant 2023 US$ 1.63 billion constant 2023 US$ 6.19 billion constant 2023 US$ 10
2020s 2.23 billion constant 2023 US$ 912.22 million constant 2023 US$ 4.45 billion constant 2023 US$ 4

Countries ranked near Ecuador

  1. 25 Angola 4.99 billion constant 2023 US$ compare
  2. 26 Vietnam 3.60 billion constant 2023 US$ compare
  3. 27 Bahrain 2.81 billion constant 2023 US$ compare
  4. 29 Taiwan 1.58 billion constant 2023 US$ compare
  5. 30 Thailand 1.44 billion constant 2023 US$ compare
  6. 31 Bolivia 1.38 billion constant 2023 US$ compare

See the full ranking of 48 places →

More energy & mining data for Ecuador

All data for Ecuador →

Frequently asked questions

What is explicit consumption subsidies for fossil fuels in Ecuador?
Explicit consumption subsidies for fossil fuels in Ecuador was 1.73 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 Ecuador?
The highest recorded value was 6.19 billion constant 2023 US$ in 2013.
What is the lowest explicit consumption subsidies for fossil fuels recorded in Ecuador?
The lowest recorded value was 912.22 million constant 2023 US$ in 2020.
How does Ecuador rank for explicit consumption subsidies for fossil fuels?
Ecuador ranks 28th out of 48 countries with data for 2023.
Is explicit 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 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.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Explicit consumption subsidies for fossil fuels in Ecuador. 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/ecuador/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://energy.statizoid.com/stat/consumption-subsidies-for-fossil-fuels/ecuador/">Explicit consumption subsidies for fossil fuels in Ecuador</a> — Statizoid

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.