Explicit consumption subsidies for fossil fuels in Libya
Libya: Explicit consumption subsidies for fossil fuels was 8.05 billion constant 2023 US$ in 2023. ▲ Rising
Explicit consumption subsidies for fossil fuels in Libya, 2010–2023
Source: International Energy Agency (2024) – with minor processing by Our World in Data. Measured in constant 2023 US$.
Analysis
In 2023, explicit consumption subsidies for fossil fuels in Libya stood at 8.05 billion constant 2023 US$.
Compared with earlier readings it is down 20.8% on the previous year and up 52.9% over ten years.
Over the whole period, explicit consumption subsidies for fossil fuels in Libya peaked at 10.16 billion constant 2023 US$ in 2022 and was at its lowest, 2.46 billion constant 2023 US$, in 2020.
That places Libya 17th out of 48 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.92 billion constant 2023 US$ | 2.48 billion constant 2023 US$ | 5.27 billion constant 2023 US$ | 10 |
| 2020s | 6.86 billion constant 2023 US$ | 2.46 billion constant 2023 US$ | 10.16 billion constant 2023 US$ | 4 |
Countries ranked near Libya
- 14 Pakistan 9.17 billion constant 2023 US$ compare
- 15 Argentina 9.07 billion constant 2023 US$ compare
- 16 Kuwait 8.95 billion constant 2023 US$ compare
- 18 Bangladesh 8.00 billion constant 2023 US$ compare
- 19 Malaysia 6.37 billion constant 2023 US$ compare
- 20 Turkmenistan 6.23 billion constant 2023 US$ compare
More energy & mining data for Libya
- Fuel imports 13.1% (2019)
- Ores and metals imports 1.7% (2019)
- Ores and metals exports 0.7% (2019)
- Gas production 117.26 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 15,721 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 117.26 terawatt-hours (2025)
- Gas production per person 15,721 kilowatt-hours per person (2025)
- Fuel exports 94.4% (2019)
- Electric power transmission and distribution losses 20.2% (2023)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 53.1% (2023)
Frequently asked questions
- What is explicit consumption subsidies for fossil fuels in Libya?
- Explicit consumption subsidies for fossil fuels in Libya was 8.05 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 Libya?
- The highest recorded value was 10.16 billion constant 2023 US$ in 2022.
- What is the lowest explicit consumption subsidies for fossil fuels recorded in Libya?
- The lowest recorded value was 2.46 billion constant 2023 US$ in 2020.
- How does Libya rank for explicit consumption subsidies for fossil fuels?
- Libya ranks 17th out of 48 countries with data for 2023.
- Is explicit consumption subsidies for fossil fuels rising or falling in Libya?
- Over the last ten years it is up 52.9%. The long-run trend across the full record is rising.
- Where does this Libya 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).
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.