Fossil-fuel subsidies (consumption and production) in Asia

Asia: Fossil-fuel subsidies (consumption and production) was 500.69 in 2024. ▲ Rising

Latest (2024)
500.69
Change on year
down 1.8%
Rank
2nd
of 37 groups
All-time high
844.13
in 2022
All-time low
224.38
in 2020
Years of data
15
2010–2024

Fossil-fuel subsidies (consumption and production) in Asia, 2010–2024

2004006008002010201720242010: 333.62011: 419.42012: 480.42013: 441.72014: 396.42015: 257.12016: 227.42017: 274.22018: 388.32019: 347.62020: 224.42021: 417.92022: 844.12023: 510.12024: 500.7

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for fossil-fuel subsidies (consumption and production) in Asia is 500.69, measured in 2024.

Compared with earlier readings it is down 1.8% on the previous year and up 26.3% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) in Asia peaked at 844.13 in 2022 and was at its lowest, 224.38, in 2020.

Asia ranks 2nd of 37 groups on this measure, in the top 10%.

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

Fossil-fuel subsidies (consumption and production) in Asia, year by year

Annual values for Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars) in Asia, 2010 to 2024.
Year Value Change
2010 333.61
2011 419.4 +25.7%
2012 480.38 +14.5%
2013 441.65 -8.1%
2014 396.43 -10.2%
2015 257.12 -35.1%
2016 227.38 -11.6%
2017 274.21 +20.6%
2018 388.32 +41.6%
2019 347.65 -10.5%
2020 224.38 -35.5%
2021 417.88 +86.2%
2022 844.13 +102.0%
2023 510.09 -39.6%
2024 500.69 -1.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 356.62 227.38 480.38 10
2020s 499.43 224.38 844.13 5

Countries ranked near Asia

  1. 1 Russian Federation 113.75 compare
  2. 1 Russian Federation 113.75 compare
  3. 3 Iran (Islamic Republic of) 104.6 compare
  4. 4 China 90.01 compare
  5. 5 India 67.5 compare

See the full ranking of 238 places →

More energy & mining data for Asia

All data for Asia →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) in Asia?
Fossil-fuel subsidies (consumption and production) in Asia was 500.69 in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest fossil-fuel subsidies (consumption and production) recorded in Asia?
The highest recorded value was 844.13 in 2022.
What is the lowest fossil-fuel subsidies (consumption and production) recorded in Asia?
The lowest recorded value was 224.38 in 2020.
How does Asia rank for fossil-fuel subsidies (consumption and production)?
Asia ranks 2nd out of 37 groups with data for 2024.
Is fossil-fuel subsidies (consumption and production) rising or falling in Asia?
Over the last ten years it is up 26.3%. The long-run trend across the full record is rising.
Where does this Asia data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars). Statizoid updates them automatically from the source API.

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Fossil-fuel subsidies (consumption and production) in Asia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 15 September 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies-consumption-and-production-billions-of-nominal-united-states-dollars/asia/

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About this data

Indicator
Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
238 places, 3,358 data points, 2010–2024
Last refreshed