Explicit consumption subsidies for fossil fuels in India
India: Explicit consumption subsidies for fossil fuels was 47.36 billion constant 2023 US$ in 2023. ▼ Falling
Explicit consumption subsidies for fossil fuels in India, 2010–2023
Source: International Energy Agency (2024) – with minor processing by Our World in Data. Measured in constant 2023 US$.
Analysis
India recorded 47.36 billion constant 2023 US$ for explicit consumption subsidies for fossil fuels in 2023.
Compared with earlier readings it is up 8.1% on the previous year and down 1.9% over ten years.
Over the whole period, explicit consumption subsidies for fossil fuels in India peaked at 48.26 billion constant 2023 US$ in 2013 and was at its lowest, 18.83 billion constant 2023 US$, in 2020.
That places India 5th out of 48 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently falling across the 14 years of available data.
Explicit consumption subsidies for fossil fuels in India, year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 2010 | 23.23 billion constant 2023 US$ | — |
| 2011 | 42.31 billion constant 2023 US$ | +82.1% |
| 2012 | 47.88 billion constant 2023 US$ | +13.2% |
| 2013 | 48.26 billion constant 2023 US$ | +0.8% |
| 2014 | 36.44 billion constant 2023 US$ | -24.5% |
| 2015 | 27.27 billion constant 2023 US$ | -25.2% |
| 2016 | 22.82 billion constant 2023 US$ | -16.3% |
| 2017 | 22.46 billion constant 2023 US$ | -1.6% |
| 2018 | 31.07 billion constant 2023 US$ | +38.3% |
| 2019 | 23.05 billion constant 2023 US$ | -25.8% |
| 2020 | 18.83 billion constant 2023 US$ | -18.3% |
| 2021 | 30.89 billion constant 2023 US$ | +64.0% |
| 2022 | 43.80 billion constant 2023 US$ | +41.8% |
| 2023 | 47.36 billion constant 2023 US$ | +8.1% |
India compared with similar countries
- India's 47.36 billion constant 2023 US$ is above the median for lower middle income countries, which is 8.58 billion constant 2023 US$, 5.5× the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 32.48 billion constant 2023 US$ | 22.46 billion constant 2023 US$ | 48.26 billion constant 2023 US$ | 10 |
| 2020s | 35.22 billion constant 2023 US$ | 18.83 billion constant 2023 US$ | 47.36 billion constant 2023 US$ | 4 |
Countries ranked near India
More energy & mining data for India
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate 0.7224 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2025)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 31.5% (2024)
Frequently asked questions
- What is explicit consumption subsidies for fossil fuels in India?
- Explicit consumption subsidies for fossil fuels in India was 47.36 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 India?
- The highest recorded value was 48.26 billion constant 2023 US$ in 2013.
- What is the lowest explicit consumption subsidies for fossil fuels recorded in India?
- The lowest recorded value was 18.83 billion constant 2023 US$ in 2020.
- How does India rank for explicit consumption subsidies for fossil fuels?
- India ranks 5th out of 48 countries with data for 2023.
- Is explicit consumption subsidies for fossil fuels rising or falling in India?
- Over the last ten years it is down 1.9%. The long-run trend across the full record is falling.
- Where does this India 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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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in living costs between countries.