Consumption subsidies for fossil fuels in Taiwan

Taiwan: Consumption subsidies for fossil fuels was 1.58 billion in 2023. β—† Volatile

Latest (2023)
1.58 billion
Change on year
down 83.8%
World rank
29th
of 48 countries
All-time high
9.76 billion
in 2022
All-time low
2.75 million
in 2019
Years of data
14
2010–2023

Consumption subsidies for fossil fuels in Taiwan, 2010–2023

02.0B4.0B6.0B8.0B10.0B2010201620232010: 764.4M2011: 2.4B2012: 1.5B2013: 580.4M2014: 198.2M2015: 3.0M2016: 48.9M2017: 204.2M2018: 375.8M2019: 2.8M2020: 66.2M2021: 2.1B2022: 9.8B2023: 1.6B

Source: Our World in Data.

Analysis

Taiwan recorded 1.58 billion for consumption subsidies for fossil fuels in 2023.

The figure is down 83.8% on the previous year and up 172.4% over ten years.

Over the whole period, consumption subsidies for fossil fuels in Taiwan peaked at 9.76 billion in 2022 and was at its lowest, 2.75 million, in 2019.

Taiwan ranks 29th 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 604.20 million 2.75 million 2.40 billion 10
2020s 3.38 billion 66.20 million 9.76 billion 4

Countries ranked near Taiwan

  1. 26 Vietnam 3.60 billion compare
  2. 27 Bahrain 2.81 billion compare
  3. 28 Ecuador 1.73 billion compare
  4. 30 Thailand 1.44 billion compare
  5. 31 Bolivia 1.38 billion compare
  6. 32 Sri Lanka 852.51 million compare

See the full ranking of 48 places β†’

More energy & mining data for Taiwan

All data for Taiwan β†’

Frequently asked questions

What is consumption subsidies for fossil fuels in Taiwan?
Consumption subsidies for fossil fuels in Taiwan was 1.58 billion in 2023, according to Our World in Data.
What is the highest consumption subsidies for fossil fuels recorded in Taiwan?
The highest recorded value was 9.76 billion in 2022.
What is the lowest consumption subsidies for fossil fuels recorded in Taiwan?
The lowest recorded value was 2.75 million in 2019.
How does Taiwan rank for consumption subsidies for fossil fuels?
Taiwan ranks 29th out of 48 countries with data for 2023.
Is consumption subsidies for fossil fuels rising or falling in Taiwan?
Over the last ten years it is up 172.4%. The long-run trend across the full record is volatile.
Where does this Taiwan 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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Consumption subsidies for fossil fuels in Taiwan. Statizoid, drawing on Our World in Data. Retrieved 17 August 2026, from https://energy.statizoid.com/stat/consumption-subsidies-for-fossil-fuels/taiwan/

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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