Fossil-fuel subsidies (consumption and production) in Europe and Northern America

Europe and Northern America: Fossil-fuel subsidies (consumption and production) was 286.15 in 2024. ◆ Volatile

Latest (2024)
286.15
Change on year
down 21.9%
Rank
3rd
of 37 groups
All-time high
542.55
in 2022
All-time low
114.81
in 2020
Years of data
15
2010–2024

Fossil-fuel subsidies (consumption and production) in Europe and Northern America, 2010–2024

1002003004005002010201720242010: 130.82011: 140.12012: 1422013: 158.62014: 149.42015: 131.22016: 119.82017: 117.72018: 152.92019: 123.42020: 114.82021: 2222022: 542.52023: 366.52024: 286.2

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, fossil-fuel subsidies (consumption and production) in Europe and Northern America stood at 286.15.

Compared with earlier readings it is down 21.9% on the previous year and up 91.6% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) in Europe and Northern America peaked at 542.55 in 2022 and was at its lowest, 114.81, in 2020.

That places Europe and Northern America 3rd out of 37 groups with data for 2024, putting it 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 Europe and Northern America, year by year

Annual values for Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars) in Europe and Northern America, 2010 to 2024.
Year Value Change
2010 130.83
2011 140.12 +7.1%
2012 142.04 +1.4%
2013 158.57 +11.6%
2014 149.37 -5.8%
2015 131.23 -12.1%
2016 119.78 -8.7%
2017 117.75 -1.7%
2018 152.9 +29.9%
2019 123.39 -19.3%
2020 114.81 -7.0%
2021 221.98 +93.4%
2022 542.55 +144.4%
2023 366.49 -32.5%
2024 286.15 -21.9%

Biggest year-on-year movements

Years where Fossil-fuel subsidies (consumption and production) in Europe and Northern America 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
2022 +144.4% 221.98 542.55

Averages by decade

DecadeAverage LowestHighest Years
2010s 136.6 117.75 158.57 10
2020s 306.4 114.81 542.55 5

Countries ranked near Europe and Northern America

  1. 1 Russian Federation 113.75 compare
  2. 1 Russia 113.75 compare
  3. 3 Iran (Islamic Republic of) 104.6 compare
  4. 4 China 90.01 compare
  5. 5 India 67.5 compare
  6. 6 Saudi Arabia 47.44 compare

See the full ranking of 238 places →

More energy & mining data for Europe and Northern America

All data for Europe and Northern America →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) in Europe and Northern America?
Fossil-fuel subsidies (consumption and production) in Europe and Northern America was 286.15 in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest fossil-fuel subsidies (consumption and production) recorded in Europe and Northern America?
The highest recorded value was 542.55 in 2022.
What is the lowest fossil-fuel subsidies (consumption and production) recorded in Europe and Northern America?
The lowest recorded value was 114.81 in 2020.
How does Europe and Northern America rank for fossil-fuel subsidies (consumption and production)?
Europe and Northern America ranks 3rd out of 37 groups with data for 2024.
Is fossil-fuel subsidies (consumption and production) rising or falling in Europe and Northern America?
Over the last ten years it is up 91.6%. The long-run trend across the full record is volatile.
Where does this Europe and Northern America 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 Europe and Northern America. 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/europe-and-northern-america/

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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