Fossil-fuel subsidies (consumption and production) as a proportion of in South America

South America: Fossil-fuel subsidies (consumption and production) as a proportion of was 1.2% in 2024. ▼ Falling

Latest (2024)
1.2%
Change on year
up 1.5%
Rank
18th
of 37 groups
All-time high
1.9%
in 2022
All-time low
0.6%
in 2020
Years of data
15
2010–2024

Fossil-fuel subsidies (consumption and production) as a proportion of in South America, 2010–2024

0.511.522010201720242010: 1.22011: 1.42012: 1.62013: 1.62014: 1.52015: 1.22016: 0.9742017: 0.872018: 0.9982019: 0.9652020: 0.6312021: 1.32022: 1.92023: 1.12024: 1.2

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, fossil-fuel subsidies (consumption and production) as a proportion of in South America stood at 1.2%.

That represents a change of up 1.5% on the previous year and down 24.7% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) as a proportion of in South America peaked at 1.9% in 2022 and was at its lowest, 0.6%, in 2020.

That places South America 18th out of 37 groups with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 15 years of available data.

Fossil-fuel subsidies (consumption and production) as a proportion of in South America, year by year

Annual values for Fossil-fuel subsidies (consumption and production) as a proportion of total GDP (%) in South America, 2010 to 2024.
Year Value Change
2010 1.2%
2011 1.4% +19.2%
2012 1.6% +7.4%
2013 1.6% +4.1%
2014 1.5% -5.4%
2015 1.2% -21.9%
2016 1.0% -18.5%
2017 0.9% -10.6%
2018 1.0% +14.7%
2019 1.0% -3.4%
2020 0.6% -34.5%
2021 1.3% +101.8%
2022 1.9% +48.6%
2023 1.1% -40.0%
2024 1.2% +1.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.2% 0.9% 1.6% 10
2020s 1.2% 0.6% 1.9% 5

Countries ranked near South America

  1. 15 Angola 4.4% compare
  2. 16 Ukraine 4.4% compare
  3. 17 United Arab Emirates 3.4% compare
  4. 18 Colombia 3.3% compare
  5. 19 Trinidad and Tobago 3.0% compare
  6. 20 Netherlands (Kingdom of the) 3.0% compare
  7. 21 Qatar 2.9% compare

See the full ranking of 238 places →

More energy & mining data for South America

All data for South America →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) as a proportion of in South America?
Fossil-fuel subsidies (consumption and production) as a proportion of in South America was 1.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest fossil-fuel subsidies (consumption and production) as a proportion of recorded in South America?
The highest recorded value was 1.9% in 2022.
What is the lowest fossil-fuel subsidies (consumption and production) as a proportion of recorded in South America?
The lowest recorded value was 0.6% in 2020.
How does South America rank for fossil-fuel subsidies (consumption and production) as a proportion of?
South America ranks 18th out of 37 groups with data for 2024.
Is fossil-fuel subsidies (consumption and production) as a proportion of rising or falling in South America?
Over the last ten years it is down 24.7%. The long-run trend across the full record is falling.
Where does this South America data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Fossil-fuel subsidies (consumption and production) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.

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Fossil-fuel subsidies (consumption and production) as a proportion of in South America. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 14 September 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies-consumption-and-production-as-a-proportion-of-total-gdp-percent/south-america/

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About this data

Indicator
Fossil-fuel subsidies (consumption and production) as a proportion of total GDP (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
238 places, 3,361 data points, 2010–2026
Last refreshed