Explicit consumption subsidies for fossil fuels in Mexico
Mexico: Explicit consumption subsidies for fossil fuels was 623.24 million constant 2023 US$ in 2023. ◆ Volatile
Explicit consumption subsidies for fossil fuels in Mexico, 2010–2023
Source: International Energy Agency (2024) – with minor processing by Our World in Data. Measured in constant 2023 US$.
Analysis
In 2023, explicit consumption subsidies for fossil fuels in Mexico stood at 623.24 million constant 2023 US$. That is the lowest value across all 14 years on record.
That represents a change of down 90.8% on the previous year and down 96.9% over ten years.
Over the whole period, explicit consumption subsidies for fossil fuels in Mexico peaked at 35.12 billion constant 2023 US$ in 2011 and was at its lowest, 623.24 million constant 2023 US$, in 2023.
Mexico ranks 36th of 48 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Explicit consumption subsidies for fossil fuels in Mexico, year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 2010 | 23.11 billion constant 2023 US$ | — |
| 2011 | 35.12 billion constant 2023 US$ | +51.9% |
| 2012 | 33.99 billion constant 2023 US$ | -3.2% |
| 2013 | 20.09 billion constant 2023 US$ | -40.9% |
| 2014 | 8.33 billion constant 2023 US$ | -58.5% |
| 2015 | 9.42 billion constant 2023 US$ | +13.0% |
| 2016 | 14.87 billion constant 2023 US$ | +58.0% |
| 2017 | 16.16 billion constant 2023 US$ | +8.7% |
| 2018 | 20.57 billion constant 2023 US$ | +27.3% |
| 2019 | 3.79 billion constant 2023 US$ | -81.6% |
| 2020 | 2.19 billion constant 2023 US$ | -42.3% |
| 2021 | 2.14 billion constant 2023 US$ | -2.2% |
| 2022 | 6.80 billion constant 2023 US$ | +218.1% |
| 2023 | 623.24 million constant 2023 US$ | -90.8% |
Mexico compared with similar countries
- Mexico's 623.24 million constant 2023 US$ is below the median for upper middle income countries, which is 5.24 billion constant 2023 US$, 12% of the median. (21 countries reporting)
- Mexico's 623.24 million constant 2023 US$ is below the median for Latin America & Caribbean, which is 1.09 billion constant 2023 US$, 57% of the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18.55 billion constant 2023 US$ | 3.79 billion constant 2023 US$ | 35.12 billion constant 2023 US$ | 10 |
| 2020s | 2.94 billion constant 2023 US$ | 623.24 million constant 2023 US$ | 6.80 billion constant 2023 US$ | 4 |
Countries ranked near Mexico
- 33 Trinidad and Tobago 804.60 million constant 2023 US$ compare
- 34 Colombia 749.47 million constant 2023 US$ compare
- 35 Ghana 625.87 million constant 2023 US$ compare
- 37 Brunei 375.79 million constant 2023 US$ compare
- 38 South Africa 351.03 million constant 2023 US$ compare
- 39 Oman 219.25 million constant 2023 US$ compare
More energy & mining data for Mexico
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -0.685 % 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 5.4% (2025)
Frequently asked questions
- What is explicit consumption subsidies for fossil fuels in Mexico?
- Explicit consumption subsidies for fossil fuels in Mexico was 623.24 million 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 Mexico?
- The highest recorded value was 35.12 billion constant 2023 US$ in 2011.
- What is the lowest explicit consumption subsidies for fossil fuels recorded in Mexico?
- The lowest recorded value was 623.24 million constant 2023 US$ in 2023.
- How does Mexico rank for explicit consumption subsidies for fossil fuels?
- Mexico ranks 36th out of 48 countries with data for 2023.
- Is explicit consumption subsidies for fossil fuels rising or falling in Mexico?
- Over the last ten years it is down 96.9%. The long-run trend across the full record is volatile.
- Where does this Mexico 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.