Fossil-fuel subsidies (consumption and production) in Mexico

Mexico: Fossil-fuel subsidies (consumption and production) was 12.65 in 2024. ▲ Rising

Latest (2024)
12.65
Change on year
down 23.0%
World rank
14th
of 201 countries
All-time high
33.56
in 2022
All-time low
9.61
in 2014
Years of data
15
2010–2024

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

1015202530352010201720242010: 14.92011: 24.42012: 26.22013: 16.82014: 9.62015: 122016: 26.82017: 14.32018: 17.52019: 18.32020: 112021: 26.42022: 33.62023: 16.42024: 12.6

Source: United Nations Statistics Division, SDG Global Database.

Analysis

Mexico recorded 12.65 for fossil-fuel subsidies (consumption and production) in 2024.

Compared with earlier readings it is down 23.0% on the previous year and up 31.6% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) in Mexico peaked at 33.56 in 2022 and was at its lowest, 9.61, in 2014.

That places Mexico 14th out of 201 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 15 years of available data.

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

Annual values for Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars) in Mexico, 2010 to 2024.
Year Value Change
2010 14.89
2011 24.44 +64.2%
2012 26.17 +7.1%
2013 16.81 -35.8%
2014 9.61 -42.8%
2015 11.99 +24.8%
2016 26.8 +123.5%
2017 14.32 -46.6%
2018 17.51 +22.3%
2019 18.34 +4.7%
2020 11.01 -40.0%
2021 26.36 +139.4%
2022 33.56 +27.3%
2023 16.42 -51.1%
2024 12.65 -23.0%

Mexico compared with similar countries

  • Mexico's 12.65 is above the median for upper middle income countries, which is 0.0444, 285.1× the median. (53 countries reporting)
  • Mexico's 12.65 is above the median for Latin America & Caribbean, which is 0.0044, 2867.5× the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 18.09 9.61 26.8 10
2020s 20 11.01 33.56 5

Countries ranked near Mexico

  1. 11 Algeria 23.81 compare
  2. 12 Iraq 14.72 compare
  3. 13 United Arab Emirates 14.72 compare
  4. 15 United Kingdom of Great Britain and Northern Ireland 12.63 compare
  5. 15 United Kingdom of Great Britain and Northern Ireland 12.63 compare
  6. 17 Germany 11.87 compare

See the full ranking of 238 places →

More energy & mining data for Mexico

All data for Mexico →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) in Mexico?
Fossil-fuel subsidies (consumption and production) in Mexico was 12.65 in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest fossil-fuel subsidies (consumption and production) recorded in Mexico?
The highest recorded value was 33.56 in 2022.
What is the lowest fossil-fuel subsidies (consumption and production) recorded in Mexico?
The lowest recorded value was 9.61 in 2014.
How does Mexico rank for fossil-fuel subsidies (consumption and production)?
Mexico ranks 14th out of 201 countries with data for 2024.
Is fossil-fuel subsidies (consumption and production) rising or falling in Mexico?
Over the last ten years it is up 31.6%. The long-run trend across the full record is rising.
Where does this Mexico 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 Mexico. 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/mexico/

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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