Fossil-fuel subsidies (consumption and production) in Australia and New Zealand

Australia and New Zealand: Fossil-fuel subsidies (consumption and production) was 8.26 in 2024. ▲ Rising

Latest (2024)
8.26
Change on year
down 7.7%
World rank
25th
of 201 countries
All-time high
8.95
in 2023
All-time low
5.8
in 2015
Years of data
15
2010–2024

Fossil-fuel subsidies (consumption and production) in Australia and New Zealand, 2010–2024

024682010201720242010: 6.82011: 8.62012: 7.42013: 7.22014: 6.92015: 5.82016: 62017: 6.62018: 6.72019: 6.22020: 6.22021: 7.92022: 7.72023: 92024: 8.3

Source: United Nations Statistics Division, SDG Global Database.

Analysis

Australia and New Zealand recorded 8.26 for fossil-fuel subsidies (consumption and production) in 2024.

The figure is down 7.7% on the previous year and up 19.9% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) in Australia and New Zealand peaked at 8.95 in 2023 and was at its lowest, 5.8, in 2015.

Australia and New Zealand ranks 25th of 201 countries on this measure, in the top quarter.

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

Fossil-fuel subsidies (consumption and production) in Australia and New Zealand, year by year

Annual values for Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars) in Australia and New Zealand, 2010 to 2024.
Year Value Change
2010 6.85
2011 8.61 +25.7%
2012 7.43 -13.7%
2013 7.22 -2.9%
2014 6.89 -4.6%
2015 5.8 -15.8%
2016 5.97 +3.0%
2017 6.61 +10.7%
2018 6.72 +1.5%
2019 6.22 -7.4%
2020 6.16 -0.8%
2021 7.91 +28.3%
2022 7.75 -2.0%
2023 8.95 +15.5%
2024 8.26 -7.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 6.83 5.8 8.61 10
2020s 7.81 6.16 8.95 5

Countries ranked near Australia and New Zealand

  1. 22 Spain 10.6 compare
  2. 23 France 8.92 compare
  3. 24 Malaysia 8.28 compare
  4. 26 Australia 8.17 compare
  5. 27 Kuwait 7.98 compare
  6. 28 Turkmenistan 7.75 compare

See the full ranking of 238 places →

More energy & mining data for Australia and New Zealand

All data for Australia and New Zealand →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) in Australia and New Zealand?
Fossil-fuel subsidies (consumption and production) in Australia and New Zealand was 8.26 in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest fossil-fuel subsidies (consumption and production) recorded in Australia and New Zealand?
The highest recorded value was 8.95 in 2023.
What is the lowest fossil-fuel subsidies (consumption and production) recorded in Australia and New Zealand?
The lowest recorded value was 5.8 in 2015.
How does Australia and New Zealand rank for fossil-fuel subsidies (consumption and production)?
Australia and New Zealand ranks 25th out of 201 countries with data for 2024.
Is fossil-fuel subsidies (consumption and production) rising or falling in Australia and New Zealand?
Over the last ten years it is up 19.9%. The long-run trend across the full record is rising.
Where does this Australia and New Zealand 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 Australia and New Zealand. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 18 September 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies-consumption-and-production-billions-of-nominal-united-states-dollars/australia-and-new-zealand/

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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