Fossil-fuel subsidies (consumption and production) in Malaysia

Malaysia: Fossil-fuel subsidies (consumption and production) was 8.28 in 2024. ◆ Volatile

Latest (2024)
8.28
Change on year
up 30.9%
World rank
24th
of 201 countries
All-time high
15.76
in 2012
All-time low
0.1245
in 2020
Years of data
15
2010–2024

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

0510152010201720242010: 2.12011: 3.72012: 15.82013: 4.22014: 32015: 0.3262016: 1.42017: 1.92018: 1.82019: 1.72020: 0.1242021: 2.42022: 14.72023: 6.32024: 8.3

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for fossil-fuel subsidies (consumption and production) in Malaysia is 8.28, measured in 2024.

The figure is up 30.9% on the previous year and up 173.8% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) in Malaysia peaked at 15.76 in 2012 and was at its lowest, 0.1245, in 2020.

Malaysia ranks 24th of 201 countries on this measure, in the top quarter.

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

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

Annual values for Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars) in Malaysia, 2010 to 2024.
Year Value Change
2010 2.08
2011 3.74 +79.8%
2012 15.76 +321.3%
2013 4.15 -73.6%
2014 3.03 -27.2%
2015 0.3263 -89.2%
2016 1.43 +338.2%
2017 1.9 +33.0%
2018 1.8 -5.5%
2019 1.66 -7.4%
2020 0.1245 -92.5%
2021 2.35 +1788.1%
2022 14.68 +524.4%
2023 6.33 -56.9%
2024 8.28 +30.9%

Malaysia compared with similar countries

  • Malaysia's 8.28 is above the median for upper middle income countries, which is 0.0444, 186.8× the median. (53 countries reporting)
  • Malaysia's 8.28 is above the median for East Asia & Pacific, which is 0.0225, 368.7× the median. (28 countries reporting)

Biggest year-on-year movements

Years where Fossil-fuel subsidies (consumption and production) in Malaysia 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
2021 +1788.1% 0.1245 2.35

Averages by decade

DecadeAverage LowestHighest Years
2010s 3.59 0.3263 15.76 10
2020s 6.35 0.1245 14.68 5

Countries ranked near Malaysia

  1. 21 Colombia 10.73 compare
  2. 22 Spain 10.6 compare
  3. 23 France 8.92 compare
  4. 25 Australia and New Zealand 8.26 compare
  5. 26 Australia 8.17 compare
  6. 27 Kuwait 7.98 compare

See the full ranking of 238 places →

More energy & mining data for Malaysia

All data for Malaysia →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) in Malaysia?
Fossil-fuel subsidies (consumption and production) in Malaysia was 8.28 in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest fossil-fuel subsidies (consumption and production) recorded in Malaysia?
The highest recorded value was 15.76 in 2012.
What is the lowest fossil-fuel subsidies (consumption and production) recorded in Malaysia?
The lowest recorded value was 0.1245 in 2020.
How does Malaysia rank for fossil-fuel subsidies (consumption and production)?
Malaysia ranks 24th out of 201 countries with data for 2024.
Is fossil-fuel subsidies (consumption and production) rising or falling in Malaysia?
Over the last ten years it is up 173.8%. The long-run trend across the full record is volatile.
Where does this Malaysia 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 Malaysia. 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/malaysia/

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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