Fossil-fuel subsidies (consumption and production) in Bangladesh

Bangladesh: Fossil-fuel subsidies (consumption and production) was 5.18 in 2024. ◆ Volatile

Latest (2024)
5.18
Change on year
down 35.8%
World rank
35th
of 201 countries
All-time high
27.43
in 2022
All-time low
1.13
in 2016
Years of data
15
2010–2024

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

01020302010201720242010: 4.82011: 62012: 7.72013: 4.72014: 3.22015: 1.72016: 1.12017: 1.52018: 3.22019: 1.92020: 1.42021: 7.92022: 27.42023: 8.12024: 5.2

Source: United Nations Statistics Division, SDG Global Database.

Analysis

Bangladesh recorded 5.18 for fossil-fuel subsidies (consumption and production) in 2024.

The figure is down 35.8% on the previous year and up 59.7% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) in Bangladesh peaked at 27.43 in 2022 and was at its lowest, 1.13, in 2016.

That places Bangladesh 35th out of 201 countries with data for 2024, putting it in the top quarter.

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

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

Annual values for Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars) in Bangladesh, 2010 to 2024.
Year Value Change
2010 4.85
2011 5.96 +23.0%
2012 7.69 +29.0%
2013 4.72 -38.6%
2014 3.24 -31.4%
2015 1.72 -46.8%
2016 1.13 -34.7%
2017 1.54 +36.4%
2018 3.19 +107.6%
2019 1.9 -40.4%
2020 1.42 -25.4%
2021 7.91 +457.8%
2022 27.43 +246.9%
2023 8.07 -70.6%
2024 5.18 -35.8%

Bangladesh compared with similar countries

  • Bangladesh's 5.18 is above the median for lower middle income countries, which is 0.0085, 606.2× the median. (42 countries reporting)
  • Bangladesh's 5.18 is above the median for South Asia, which is 0.7253, 7.1× the median. (6 countries reporting)

Biggest year-on-year movements

Years where Fossil-fuel subsidies (consumption and production) in Bangladesh changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +457.8% 1.42 7.91
2022 +246.9% 7.91 27.43

Averages by decade

DecadeAverage LowestHighest Years
2010s 3.59 1.13 7.69 10
2020s 10 1.42 27.43 5

Countries ranked near Bangladesh

  1. 32 Libya 7.27 compare
  2. 33 Argentina 5.76 compare
  3. 33 Caribbean 0.8398 compare
  4. 34 Ukraine 5.5 compare
  5. 36 Norway 5.15 compare
  6. 37 Qatar 4.67 compare
  7. 38 Azerbaijan 4.17 compare

See the full ranking of 238 places →

More energy & mining data for Bangladesh

All data for Bangladesh →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) in Bangladesh?
Fossil-fuel subsidies (consumption and production) in Bangladesh was 5.18 in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest fossil-fuel subsidies (consumption and production) recorded in Bangladesh?
The highest recorded value was 27.43 in 2022.
What is the lowest fossil-fuel subsidies (consumption and production) recorded in Bangladesh?
The lowest recorded value was 1.13 in 2016.
How does Bangladesh rank for fossil-fuel subsidies (consumption and production)?
Bangladesh ranks 35th out of 201 countries with data for 2024.
Is fossil-fuel subsidies (consumption and production) rising or falling in Bangladesh?
Over the last ten years it is up 59.7%. The long-run trend across the full record is volatile.
Where does this Bangladesh 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 Bangladesh. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 17 September 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies-consumption-and-production-billions-of-nominal-united-states-dollars/bangladesh/

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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