Fossil-fuel subsidies (consumption and production) in Colombia

Colombia: Fossil-fuel subsidies (consumption and production) was 10.73 in 2024. ◆ Volatile

Latest (2024)
10.73
Change on year
up 32.9%
World rank
21st
of 201 countries
All-time high
10.73
in 2024
All-time low
0.9507
in 2020
Years of data
15
2010–2024

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

02468102010201720242010: 2.62011: 2.22012: 1.92013: 22014: 2.12015: 1.42016: 1.32017: 1.82018: 2.32019: 1.62020: 0.9512021: 2.22022: 5.82023: 8.12024: 10.7

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, fossil-fuel subsidies (consumption and production) in Colombia stood at 10.73. That is the highest value across all 15 years on record.

The figure is up 32.9% on the previous year and up 413.4% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) in Colombia peaked at 10.73 in 2024 and was at its lowest, 0.9507, in 2020.

Colombia ranks 21st 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) in Colombia, year by year

Annual values for Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars) in Colombia, 2010 to 2024.
Year Value Change
2010 2.58
2011 2.23 -13.5%
2012 1.94 -12.8%
2013 1.99 +2.6%
2014 2.09 +4.9%
2015 1.37 -34.6%
2016 1.29 -5.4%
2017 1.75 +35.5%
2018 2.33 +32.8%
2019 1.6 -31.2%
2020 0.9507 -40.6%
2021 2.21 +132.9%
2022 5.78 +161.1%
2023 8.07 +39.6%
2024 10.73 +32.9%

Colombia compared with similar countries

  • Colombia's 10.73 is above the median for upper middle income countries, which is 0.0444, 241.9× the median. (53 countries reporting)
  • Colombia's 10.73 is above the median for Latin America & Caribbean, which is 0.0044, 2432.4× the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.92 1.29 2.58 10
2020s 5.55 0.9507 10.73 5

Countries ranked near Colombia

  1. 18 Brazil 11.67 compare
  2. 19 Kazakhstan 11.45 compare
  3. 20 Uzbekistan 10.92 compare
  4. 22 Spain 10.6 compare
  5. 23 France 8.92 compare
  6. 24 Malaysia 8.28 compare

See the full ranking of 238 places →

More energy & mining data for Colombia

All data for Colombia →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) in Colombia?
Fossil-fuel subsidies (consumption and production) in Colombia was 10.73 in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest fossil-fuel subsidies (consumption and production) recorded in Colombia?
The highest recorded value was 10.73 in 2024.
What is the lowest fossil-fuel subsidies (consumption and production) recorded in Colombia?
The lowest recorded value was 0.9507 in 2020.
How does Colombia rank for fossil-fuel subsidies (consumption and production)?
Colombia ranks 21st out of 201 countries with data for 2024.
Is fossil-fuel subsidies (consumption and production) rising or falling in Colombia?
Over the last ten years it is up 413.4%. The long-run trend across the full record is volatile.
Where does this Colombia 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 Colombia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 16 September 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies-consumption-and-production-billions-of-nominal-united-states-dollars/colombia/

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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