Explicit consumption subsidies for fossil fuels in Kuwait

Kuwait: Explicit consumption subsidies for fossil fuels was 8.95 billion constant 2023 US$ in 2023. ▲ Rising

Latest (2023)
8.95 billion constant 2023 US$
Change on year
down 52.2%
World rank
16th
of 48 countries
All-time high
18.73 billion constant 2023 US$
in 2022
All-time low
3.85 billion constant 2023 US$
in 2020
Years of data
14
2010–2023

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

5.0B10.0B15.0B20.0B2010201620232010: 8.2B constant 2023 US$2011: 8.3B constant 2023 US$2012: 8.0B constant 2023 US$2013: 8.6B constant 2023 US$2014: 8.6B constant 2023 US$2015: 8.4B constant 2023 US$2016: 7.6B constant 2023 US$2017: 7.0B constant 2023 US$2018: 7.6B constant 2023 US$2019: 5.7B constant 2023 US$2020: 3.8B constant 2023 US$2021: 9.4B constant 2023 US$2022: 18.7B constant 2023 US$2023: 9.0B constant 2023 US$

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 Kuwait is 8.95 billion constant 2023 US$, measured in 2023.

The figure is down 52.2% on the previous year and up 4.0% over ten years.

Over the whole period, explicit consumption subsidies for fossil fuels in Kuwait peaked at 18.73 billion constant 2023 US$ in 2022 and was at its lowest, 3.85 billion constant 2023 US$, in 2020.

That places Kuwait 16th out of 48 countries with data for 2023, putting it in the middle of the range.

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

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

Annual values for Explicit consumption subsidies for fossil fuels in Kuwait, 2010 to 2023.
Year constant 2023 US$ Change
2010 8.18 billion constant 2023 US$ —
2011 8.26 billion constant 2023 US$ +1.1%
2012 8.00 billion constant 2023 US$ -3.2%
2013 8.61 billion constant 2023 US$ +7.6%
2014 8.62 billion constant 2023 US$ +0.1%
2015 8.39 billion constant 2023 US$ -2.6%
2016 7.56 billion constant 2023 US$ -10.0%
2017 6.96 billion constant 2023 US$ -7.8%
2018 7.62 billion constant 2023 US$ +9.3%
2019 5.72 billion constant 2023 US$ -24.9%
2020 3.85 billion constant 2023 US$ -32.7%
2021 9.43 billion constant 2023 US$ +144.9%
2022 18.73 billion constant 2023 US$ +98.7%
2023 8.95 billion constant 2023 US$ -52.2%

Kuwait compared with similar countries

  • Kuwait's 8.95 billion constant 2023 US$ is above the median for high income countries, which is 297.52 million constant 2023 US$, 30.1× the median. (16 countries reporting)
  • Kuwait's 8.95 billion constant 2023 US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 11.62 billion constant 2023 US$, 77% of the median. (12 countries reporting)

Biggest year-on-year movements

Years where Explicit consumption subsidies for fossil fuels in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +144.9% 3.85 billion constant 2023 US$ 9.43 billion constant 2023 US$
2022 +98.7% 9.43 billion constant 2023 US$ 18.73 billion constant 2023 US$

Averages by decade

DecadeAverage LowestHighest Years
2010s 7.79 billion constant 2023 US$ 5.72 billion constant 2023 US$ 8.62 billion constant 2023 US$ 10
2020s 10.24 billion constant 2023 US$ 3.85 billion constant 2023 US$ 18.73 billion constant 2023 US$ 4

Countries ranked near Kuwait

  1. 13 Uzbekistan 11.11 billion constant 2023 US$ compare
  2. 14 Pakistan 9.17 billion constant 2023 US$ compare
  3. 15 Argentina 9.07 billion constant 2023 US$ compare
  4. 17 Libya 8.05 billion constant 2023 US$ compare
  5. 18 Bangladesh 8.00 billion constant 2023 US$ compare
  6. 19 Malaysia 6.37 billion constant 2023 US$ compare

See the full ranking of 48 places →

More energy & mining data for Kuwait

All data for Kuwait →

Frequently asked questions

What is explicit consumption subsidies for fossil fuels in Kuwait?
Explicit consumption subsidies for fossil fuels in Kuwait was 8.95 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 Kuwait?
The highest recorded value was 18.73 billion constant 2023 US$ in 2022.
What is the lowest explicit consumption subsidies for fossil fuels recorded in Kuwait?
The lowest recorded value was 3.85 billion constant 2023 US$ in 2020.
How does Kuwait rank for explicit consumption subsidies for fossil fuels?
Kuwait ranks 16th out of 48 countries with data for 2023.
Is explicit consumption subsidies for fossil fuels rising or falling in Kuwait?
Over the last ten years it is up 4.0%. The long-run trend across the full record is rising.
Where does this Kuwait 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 Kuwait. 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/kuwait/

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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.