Fossil-fuel subsidies (consumption and production) in Caribbean

Caribbean: Fossil-fuel subsidies (consumption and production) was 0.8398 in 2024. ◆ Volatile

Latest (2024)
0.8398
Change on year
down 17.6%
Rank
33rd
of 37 groups
All-time high
2.6
in 2013
All-time low
0.001
in 2010
Years of data
15
2010–2024

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

01232010201720242010: 0.0012011: 1.42012: 22013: 2.62014: 2.42015: 0.8722016: 0.6222017: 0.6872018: 0.8192019: 0.6822020: 0.3932021: 1.12022: 1.62023: 12024: 0.84

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, fossil-fuel subsidies (consumption and production) in Caribbean stood at 0.8398.

Compared with earlier readings it is down 17.6% on the previous year and down 65.4% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) in Caribbean peaked at 2.6 in 2013 and was at its lowest, 0.001, in 2010.

Caribbean ranks 33rd of 37 groups on this measure, in the bottom quarter.

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

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

Annual values for Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars) in Caribbean, 2010 to 2024.
Year Value Change
2010 0.001
2011 1.4 +144021.6%
2012 2.04 +46.2%
2013 2.6 +27.2%
2014 2.42 -6.7%
2015 0.8721 -64.0%
2016 0.6224 -28.6%
2017 0.6873 +10.4%
2018 0.8188 +19.1%
2019 0.6819 -16.7%
2020 0.393 -42.4%
2021 1.12 +184.6%
2022 1.6 +43.0%
2023 1.02 -36.3%
2024 0.8398 -17.6%

Biggest year-on-year movements

Years where Fossil-fuel subsidies (consumption and production) in Caribbean 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
2011 +144021.6% 0.001 1.4

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.21 0.001 2.6 10
2020s 0.9938 0.393 1.6 5

Countries ranked near Caribbean

  1. 30 Venezuela (Bolivarian Republic of) 7.52 compare
  2. 31 Pakistan 7.28 compare
  3. 32 Libya 7.27 compare
  4. 33 Argentina 5.76 compare
  5. 34 Ukraine 5.5 compare
  6. 35 Bangladesh 5.18 compare
  7. 36 Norway 5.15 compare

See the full ranking of 238 places →

More energy & mining data for Caribbean

All data for Caribbean →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) in Caribbean?
Fossil-fuel subsidies (consumption and production) in Caribbean was 0.8398 in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest fossil-fuel subsidies (consumption and production) recorded in Caribbean?
The highest recorded value was 2.6 in 2013.
What is the lowest fossil-fuel subsidies (consumption and production) recorded in Caribbean?
The lowest recorded value was 0.001 in 2010.
How does Caribbean rank for fossil-fuel subsidies (consumption and production)?
Caribbean ranks 33rd out of 37 groups with data for 2024.
Is fossil-fuel subsidies (consumption and production) rising or falling in Caribbean?
Over the last ten years it is down 65.4%. The long-run trend across the full record is volatile.
Where does this Caribbean 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 Caribbean. 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/caribbean/

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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