Consumption subsidies for fossil fuels in Mexico

Mexico: Consumption subsidies for fossil fuels was 623.24 million in 2023. ◆ Volatile

Latest (2023)
623.24 million
Change on year
down 90.8%
World rank
36th
of 48 countries
All-time high
35.12 billion
in 2011
All-time low
623.24 million
in 2023
Years of data
14
2010–2023

Consumption subsidies for fossil fuels in Mexico, 2010–2023

010.0B20.0B30.0B40.0B2010201620232010: 23.1B2011: 35.1B2012: 34.0B2013: 20.1B2014: 8.3B2015: 9.4B2016: 14.9B2017: 16.2B2018: 20.6B2019: 3.8B2020: 2.2B2021: 2.1B2022: 6.8B2023: 623.2M

Source: Our World in Data.

Analysis

In 2023, consumption subsidies for fossil fuels in Mexico stood at 623.24 million. 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, consumption subsidies for fossil fuels in Mexico peaked at 35.12 billion in 2011 and was at its lowest, 623.24 million, 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.

Averages by decade

DecadeAverage LowestHighest Years
2010s 18.55 billion 3.79 billion 35.12 billion 10
2020s 2.94 billion 623.24 million 6.80 billion 4

Countries ranked near Mexico

  1. 33 Trinidad and Tobago 804.60 million compare
  2. 34 Colombia 749.47 million compare
  3. 35 Ghana 625.87 million compare
  4. 37 Brunei 375.79 million compare
  5. 38 South Africa 351.03 million compare
  6. 39 Oman 219.25 million compare

See the full ranking of 48 places →

More energy & mining data for Mexico

All data for Mexico →

Frequently asked questions

What is consumption subsidies for fossil fuels in Mexico?
Consumption subsidies for fossil fuels in Mexico was 623.24 million in 2023, according to Our World in Data.
What is the highest consumption subsidies for fossil fuels recorded in Mexico?
The highest recorded value was 35.12 billion in 2011.
What is the lowest consumption subsidies for fossil fuels recorded in Mexico?
The lowest recorded value was 623.24 million in 2023.
How does Mexico rank for consumption subsidies for fossil fuels?
Mexico ranks 36th out of 48 countries with data for 2023.
Is 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 Our World in Data, published as part of 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

Indicator
Consumption subsidies for fossil fuels
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
48 places, 672 data points, 2010–2023
Last refreshed