Fossil-fuel subsidies (consumption and production) as a proportion of in Trinidad and Tobago

Trinidad and Tobago: Fossil-fuel subsidies (consumption and production) as a proportion of was 3.0% in 2024. ◆ Volatile

Latest (2024)
3.0%
Change on year
down 19.6%
World rank
19th
of 201 countries
All-time high
6.3%
in 2022
All-time low
0.0%
in 2010
Years of data
15
2010–2024

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

02462010201720242010: 02011: 02012: 2.42013: 4.32014: 3.82015: 3.12016: 2.32017: 2.72018: 3.12019: 2.42020: 1.52021: 4.32022: 6.32023: 3.82024: 3

Source: United Nations Statistics Division, SDG Global Database.

Analysis

Trinidad and Tobago recorded 3.0% for fossil-fuel subsidies (consumption and production) as a proportion of in 2024.

The figure is down 19.6% on the previous year and down 19.4% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) as a proportion of in Trinidad and Tobago peaked at 6.3% in 2022 and was at its lowest, 0.0%, in 2010.

That places Trinidad and Tobago 19th out of 201 countries with data for 2024, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

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

Annual values for Fossil-fuel subsidies (consumption and production) as a proportion of total GDP (%) in Trinidad and Tobago, 2010 to 2024.
Year Value Change
2010 0.0%
2011 0.0%
2012 2.4%
2013 4.3% +80.3%
2014 3.8% -11.8%
2015 3.1% -17.1%
2016 2.3% -26.5%
2017 2.7% +17.4%
2018 3.1% +14.6%
2019 2.4% -22.2%
2020 1.5% -37.8%
2021 4.3% +186.0%
2022 6.3% +46.9%
2023 3.8% -39.9%
2024 3.0% -19.6%

Trinidad and Tobago compared with similar countries

  • Trinidad and Tobago's 3.0% is above the median for high income countries, which is 0.3%, 11.3× the median. (61 countries reporting)
  • Trinidad and Tobago's 3.0% is above the median for Latin America & Caribbean, which is 0.0%, 107.0× the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 2.4% 0.0% 4.3% 10
2020s 3.8% 1.5% 6.3% 5

Countries ranked near Trinidad and Tobago

  1. 16 Ukraine 4.4% compare
  2. 17 United Arab Emirates 3.4% compare
  3. 18 Colombia 3.3% compare
  4. 20 Netherlands (Kingdom of the) 3.0% compare
  5. 21 Qatar 2.9% compare
  6. 22 Bahrain 2.7% compare

See the full ranking of 238 places →

More energy & mining data for Trinidad and Tobago

All data for Trinidad and Tobago →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) as a proportion of in Trinidad and Tobago?
Fossil-fuel subsidies (consumption and production) as a proportion of in Trinidad and Tobago was 3.0% 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 Trinidad and Tobago?
The highest recorded value was 6.3% in 2022.
What is the lowest fossil-fuel subsidies (consumption and production) as a proportion of recorded in Trinidad and Tobago?
The lowest recorded value was 0.0% in 2010.
How does Trinidad and Tobago rank for fossil-fuel subsidies (consumption and production) as a proportion of?
Trinidad and Tobago ranks 19th out of 201 countries with data for 2024.
Is fossil-fuel subsidies (consumption and production) as a proportion of rising or falling in Trinidad and Tobago?
Over the last ten years it is down 19.4%. The long-run trend across the full record is volatile.
Where does this Trinidad and Tobago 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 Trinidad and Tobago. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 16 September 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies-consumption-and-production-as-a-proportion-of-total-gdp-percent/trinidad-and-tobago/

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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