Fossil-fuel subsidies (consumption and production) in Latvia

Latvia: Fossil-fuel subsidies (consumption and production) was 0.2027 in 2024. ◆ Volatile

Latest (2024)
0.2027
Change on year
down 52.0%
World rank
84th
of 201 countries
All-time high
21.58
in 2022
All-time low
0.1981
in 2010
Years of data
15
2010–2024

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

051015202010201720242010: 0.1982011: 0.2292012: 0.3112013: 0.3442014: 0.342015: 0.272016: 0.2822017: 0.2972018: 0.2552019: 0.2512020: 0.2062021: 0.2172022: 21.62023: 0.4222024: 0.203

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for fossil-fuel subsidies (consumption and production) in Latvia is 0.2027, measured in 2024.

Compared with earlier readings it is down 52.0% on the previous year and down 40.4% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) in Latvia peaked at 21.58 in 2022 and was at its lowest, 0.1981, in 2010.

Latvia ranks 84th 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 Latvia, year by year

Annual values for Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars) in Latvia, 2010 to 2024.
Year Value Change
2010 0.1981
2011 0.2293 +15.8%
2012 0.3105 +35.4%
2013 0.3441 +10.8%
2014 0.3401 -1.2%
2015 0.2701 -20.6%
2016 0.282 +4.4%
2017 0.2966 +5.2%
2018 0.2551 -14.0%
2019 0.2511 -1.6%
2020 0.2058 -18.0%
2021 0.2172 +5.6%
2022 21.58 +9831.6%
2023 0.4224 -98.0%
2024 0.2027 -52.0%

Latvia compared with similar countries

  • Latvia's 0.2027 is below the median for high income countries, which is 0.9298, 22% of the median. (61 countries reporting)
  • Latvia's 0.2027 is below the median for Europe & Central Asia, which is 1.01, 20% of the median. (47 countries reporting)

Biggest year-on-year movements

Years where Fossil-fuel subsidies (consumption and production) in Latvia 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 +9831.6% 0.2172 21.58

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.2777 0.1981 0.3441 10
2020s 4.52 0.2027 21.58 5

Countries ranked near Latvia

  1. 81 Republic of Moldova 0.2328 compare
  2. 81 Republic of Moldova 0.2328 compare
  3. 83 Oman 0.224 compare
  4. 85 Costa Rica 0.1808 compare
  5. 86 Slovenia 0.1805 compare
  6. 87 New Zealand 0.094 compare

See the full ranking of 238 places →

More energy & mining data for Latvia

All data for Latvia →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) in Latvia?
Fossil-fuel subsidies (consumption and production) in Latvia was 0.2027 in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest fossil-fuel subsidies (consumption and production) recorded in Latvia?
The highest recorded value was 21.58 in 2022.
What is the lowest fossil-fuel subsidies (consumption and production) recorded in Latvia?
The lowest recorded value was 0.1981 in 2010.
How does Latvia rank for fossil-fuel subsidies (consumption and production)?
Latvia ranks 84th out of 201 countries with data for 2024.
Is fossil-fuel subsidies (consumption and production) rising or falling in Latvia?
Over the last ten years it is down 40.4%. The long-run trend across the full record is volatile.
Where does this Latvia 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 Latvia. 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/latvia/

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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