Fossil-fuel subsidies (consumption and production) in South America

South America: Fossil-fuel subsidies (consumption and production) was 39.35 in 2024. ▼ Falling

Latest (2024)
39.35
Change on year
up 4.1%
Rank
18th
of 37 groups
All-time high
61.86
in 2022
All-time low
18.47
in 2020
Years of data
15
2010–2024

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

20304050602010201720242010: 362011: 45.12012: 49.72013: 53.52014: 50.82015: 39.12016: 30.92017: 27.72018: 31.72019: 30.32020: 18.52021: 402022: 61.92023: 37.82024: 39.4

Source: United Nations Statistics Division, SDG Global Database.

Analysis

South America recorded 39.35 for fossil-fuel subsidies (consumption and production) in 2024.

Compared with earlier readings it is up 4.1% on the previous year and down 22.5% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) in South America peaked at 61.86 in 2022 and was at its lowest, 18.47, in 2020.

That places South America 18th out of 37 groups with data for 2024, putting it in the middle of the range.

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

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

Annual values for Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars) in South America, 2010 to 2024.
Year Value Change
2010 36.03
2011 45.08 +25.1%
2012 49.75 +10.4%
2013 53.51 +7.6%
2014 50.81 -5.1%
2015 39.14 -23.0%
2016 30.91 -21.0%
2017 27.67 -10.5%
2018 31.67 +14.5%
2019 30.31 -4.3%
2020 18.47 -39.1%
2021 39.98 +116.5%
2022 61.86 +54.7%
2023 37.81 -38.9%
2024 39.35 +4.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 39.49 27.67 53.51 10
2020s 39.49 18.47 61.86 5

Countries ranked near South America

  1. 15 United Kingdom of Great Britain and Northern Ireland 12.63 compare
  2. 15 United Kingdom of Great Britain and Northern Ireland 12.63 compare
  3. 17 Germany 11.87 compare
  4. 18 Brazil 11.67 compare
  5. 19 Kazakhstan 11.45 compare
  6. 20 Uzbekistan 10.92 compare
  7. 21 Colombia 10.73 compare

See the full ranking of 238 places →

More energy & mining data for South America

All data for South America →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) in South America?
Fossil-fuel subsidies (consumption and production) in South America was 39.35 in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest fossil-fuel subsidies (consumption and production) recorded in South America?
The highest recorded value was 61.86 in 2022.
What is the lowest fossil-fuel subsidies (consumption and production) recorded in South America?
The lowest recorded value was 18.47 in 2020.
How does South America rank for fossil-fuel subsidies (consumption and production)?
South America ranks 18th out of 37 groups with data for 2024.
Is fossil-fuel subsidies (consumption and production) rising or falling in South America?
Over the last ten years it is down 22.5%. The long-run trend across the full record is falling.
Where does this South 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 South America. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 17 September 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies-consumption-and-production-billions-of-nominal-united-states-dollars/south-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