Fossil-fuel subsidies (consumption and production) in Korea
Korea: Fossil-fuel subsidies (consumption and production) was 1.23 in 2024. ◆ Volatile
Fossil-fuel subsidies (consumption and production) in Korea, 2010–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Korea recorded 1.23 for fossil-fuel subsidies (consumption and production) in 2024. That is the lowest value across all 15 years on record.
The figure is down 59.0% on the previous year and down 37.3% over ten years.
Over the whole period, fossil-fuel subsidies (consumption and production) in Korea peaked at 7.39 in 2022 and was at its lowest, 1.23, in 2024.
Korea ranks 59th of 201 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Fossil-fuel subsidies (consumption and production) in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 1.92 | — |
| 2011 | 1.88 | -2.3% |
| 2012 | 1.8 | -4.3% |
| 2013 | 1.98 | +10.2% |
| 2014 | 1.96 | -1.2% |
| 2015 | 1.71 | -12.8% |
| 2016 | 1.38 | -19.1% |
| 2017 | 1.46 | +5.7% |
| 2018 | 1.47 | +0.6% |
| 2019 | 1.4 | -4.4% |
| 2020 | 1.38 | -1.8% |
| 2021 | 2.6 | +89.2% |
| 2022 | 7.39 | +183.6% |
| 2023 | 2.99 | -59.5% |
| 2024 | 1.23 | -59.0% |
Korea compared with similar countries
- Korea's 1.23 is above the median for high income countries, which is 0.9298, 1.3× the median. (61 countries reporting)
- Korea's 1.23 is above the median for East Asia & Pacific, which is 0.0225, 54.6× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Fossil-fuel subsidies (consumption and production) in Korea 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.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +183.6% | 2.6 | 7.39 |
| 2021 | +89.2% | 1.38 | 2.6 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.69 | 1.38 | 1.98 | 10 |
| 2020s | 3.12 | 1.23 | 7.39 | 5 |
Countries ranked near Korea
More energy & mining data for Korea
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -1.55 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0.0001 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2025)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 25.7% (2024)
Frequently asked questions
- What is fossil-fuel subsidies (consumption and production) in Korea?
- Fossil-fuel subsidies (consumption and production) in Korea was 1.23 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest fossil-fuel subsidies (consumption and production) recorded in Korea?
- The highest recorded value was 7.39 in 2022.
- What is the lowest fossil-fuel subsidies (consumption and production) recorded in Korea?
- The lowest recorded value was 1.23 in 2024.
- How does Korea rank for fossil-fuel subsidies (consumption and production)?
- Korea ranks 59th out of 201 countries with data for 2024.
- Is fossil-fuel subsidies (consumption and production) rising or falling in Korea?
- Over the last ten years it is down 37.3%. The long-run trend across the full record is volatile.
- Where does this Korea 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.
Download this data
CSV · JSON — 15 observations, free to reuse under UN SDG Global Database (open, attribution requested).