Consumption subsidies for fossil fuels in Viet Nam

Viet Nam: Consumption subsidies for fossil fuels was 3.60 billion in 2023. ◆ Volatile

Latest (2023)
3.60 billion
Change on year
down 88.9%
World rank
26th
of 48 countries
All-time high
32.44 billion
in 2022
All-time low
87.54 million
in 2015
Years of data
14
2010–2023

Consumption subsidies for fossil fuels in Viet Nam, 2010–2023

010.0B20.0B30.0B2010201620232010: 4.0B2011: 4.7B2012: 5.8B2013: 2.0B2014: 1.2B2015: 87.5M2016: 118.5M2017: 209.3M2018: 663.5M2019: 511.0M2020: 574.0M2021: 5.1B2022: 32.4B2023: 3.6B

Source: Our World in Data.

Analysis

Viet Nam recorded 3.60 billion for consumption subsidies for fossil fuels in 2023.

Compared with earlier readings it is down 88.9% on the previous year and up 82.1% over ten years.

Over the whole period, consumption subsidies for fossil fuels in Viet Nam peaked at 32.44 billion in 2022 and was at its lowest, 87.54 million, in 2015.

That places Viet Nam 26th out of 48 countries with data for 2023, putting it 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 1.93 billion 87.54 million 5.81 billion 10
2020s 10.43 billion 573.97 million 32.44 billion 4

Countries ranked near Viet Nam

  1. 23 Qatar 5.15 billion compare
  2. 24 Azerbaijan 5.07 billion compare
  3. 25 Angola 4.99 billion compare
  4. 27 Bahrain 2.81 billion compare
  5. 28 Ecuador 1.73 billion compare
  6. 29 Taïwan 1.58 billion compare

See the full ranking of 48 places →

More energy & mining data for Viet Nam

All data for Viet Nam →

Frequently asked questions

What is consumption subsidies for fossil fuels in Viet Nam?
Consumption subsidies for fossil fuels in Viet Nam was 3.60 billion in 2023, according to Our World in Data.
What is the highest consumption subsidies for fossil fuels recorded in Viet Nam?
The highest recorded value was 32.44 billion in 2022.
What is the lowest consumption subsidies for fossil fuels recorded in Viet Nam?
The lowest recorded value was 87.54 million in 2015.
How does Viet Nam rank for consumption subsidies for fossil fuels?
Viet Nam ranks 26th out of 48 countries with data for 2023.
Is consumption subsidies for fossil fuels rising or falling in Viet Nam?
Over the last ten years it is up 82.1%. The long-run trend across the full record is volatile.
Where does this Viet Nam 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).

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Consumption subsidies for fossil fuels in Viet Nam. Statizoid, drawing on Our World in Data. Retrieved 20 August 2026, from https://energy.statizoid.com/stat/consumption-subsidies-for-fossil-fuels/viet-nam/

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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