Fossil-fuel subsidies (consumption and production) as a proportion of in Venezuela (Bolivarian Republic of)
Venezuela (Bolivarian Republic of): Fossil-fuel subsidies (consumption and production) as a proportion of was 5.9% in 2024. ◆ Volatile
Fossil-fuel subsidies (consumption and production) as a proportion of in Venezuela (Bolivarian Republic of), 2010–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Venezuela (Bolivarian Republic of) recorded 5.9% for fossil-fuel subsidies (consumption and production) as a proportion of in 2024.
Compared with earlier readings it is down 45.9% on the previous year and down 21.4% over five years.
Over the whole period, fossil-fuel subsidies (consumption and production) as a proportion of in Venezuela (Bolivarian Republic of) peaked at 15.7% in 2022 and was at its lowest, 0.0%, in 2010.
Venezuela (Bolivarian Republic of) ranks 11th of 201 countries on this measure, 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 Venezuela (Bolivarian Republic of), year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 0.0% | — |
| 2011 | 0.0% | — |
| 2012 | 0.0% | — |
| 2013 | 0.0% | — |
| 2014 | 0.0% | — |
| 2015 | 1.7% | — |
| 2016 | 1.6% | -3.1% |
| 2017 | 2.6% | +59.2% |
| 2018 | 4.4% | +72.4% |
| 2019 | 7.6% | +71.1% |
| 2020 | 5.8% | -23.1% |
| 2021 | 10.0% | +71.0% |
| 2022 | 15.7% | +58.1% |
| 2023 | 11.0% | -30.1% |
| 2024 | 5.9% | -45.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.8% | 0.0% | 7.6% | 10 |
| 2020s | 9.7% | 5.8% | 15.7% | 5 |
Countries ranked near Venezuela (Bolivarian Republic of)
- 8 Kuwait 6.9% compare
- 9 Russian Federation 6.7% compare
- 9 Russia 6.7% compare
- 12 Kazakhstan 5.7% compare
- 13 Egypt 5.6% compare
- 14 Saudi Arabia 5.0% compare
More energy & mining data for Venezuela (Bolivarian Republic of)
- Energy intensity level of primary energy 8.31 (2023)
- Renewable energy share in the total final energy consumption 27.2% (2023)
- Proportion of population with primary reliance on clean fuels and 92.0% (2024)
- International financial flows to developing countries in support of 0 (2024)
- Installed renewable electricity-generating capacity 599.32 (2024)
- Proportion of population with access to electricity, by urban/rural 100.0% (2024)
- Fossil-fuel subsidies (consumption and production) 7.52 (2024)
- Fossil-fuel subsidies (consumption and production) per capita 264.83 (2024)
Frequently asked questions
- What is fossil-fuel subsidies (consumption and production) as a proportion of in Venezuela (Bolivarian Republic of)?
- Fossil-fuel subsidies (consumption and production) as a proportion of in Venezuela (Bolivarian Republic of) was 5.9% 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 Venezuela (Bolivarian Republic of)?
- The highest recorded value was 15.7% in 2022.
- What is the lowest fossil-fuel subsidies (consumption and production) as a proportion of recorded in Venezuela (Bolivarian Republic of)?
- The lowest recorded value was 0.0% in 2010.
- How does Venezuela (Bolivarian Republic of) rank for fossil-fuel subsidies (consumption and production) as a proportion of?
- Venezuela (Bolivarian Republic of) ranks 11th out of 201 countries with data for 2024.
- Where does this Venezuela (Bolivarian Republic of) 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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