Fossil-fuel subsidies (consumption and production) in Sri Lanka

Sri Lanka: Fossil-fuel subsidies (consumption and production) was 1.44 in 2024. ◆ Volatile

Latest (2024)
1.44
Change on year
up 35.8%
World rank
56th
of 201 countries
All-time high
2.56
in 2022
All-time low
0.0787
in 2016
Years of data
15
2010–2024

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

00.511.522.52010201720242010: 0.4732011: 0.8472012: 0.5782013: 0.272014: 0.3312015: 0.1472016: 0.0792017: 0.1992018: 0.382019: 0.4142020: 0.2552021: 1.12022: 2.62023: 1.12024: 1.4

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for fossil-fuel subsidies (consumption and production) in Sri Lanka is 1.44, measured in 2024.

That represents a change of up 35.8% on the previous year and up 333.8% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) in Sri Lanka peaked at 2.56 in 2022 and was at its lowest, 0.0787, in 2016.

That places Sri Lanka 56th out of 201 countries with data for 2024, putting it 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 Sri Lanka, year by year

Annual values for Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars) in Sri Lanka, 2010 to 2024.
Year Value Change
2010 0.4729
2011 0.8467 +79.0%
2012 0.5775 -31.8%
2013 0.2695 -53.3%
2014 0.3314 +23.0%
2015 0.1474 -55.5%
2016 0.0787 -46.6%
2017 0.1988 +152.6%
2018 0.38 +91.2%
2019 0.4138 +8.9%
2020 0.2546 -38.5%
2021 1.06 +315.1%
2022 2.56 +142.4%
2023 1.06 -58.7%
2024 1.44 +35.8%

Sri Lanka compared with similar countries

  • Sri Lanka's 1.44 is above the median for upper middle income countries, which is 0.0444, 32.4× the median. (53 countries reporting)
  • Sri Lanka's 1.44 is above the median for South Asia, which is 0.7253, 2.0× the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.3717 0.0787 0.8467 10
2020s 1.27 0.2546 2.56 5

Countries ranked near Sri Lanka

  1. 53 Ecuador 1.91 compare
  2. 54 Thailand 1.78 compare
  3. 55 Croatia 1.46 compare
  4. 57 Israel 1.33 compare
  5. 58 Romania 1.25 compare
  6. 59 Republic of Korea 1.23 compare
  7. 59 Korea 1.23 compare

See the full ranking of 238 places →

More energy & mining data for Sri Lanka

All data for Sri Lanka →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) in Sri Lanka?
Fossil-fuel subsidies (consumption and production) in Sri Lanka was 1.44 in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest fossil-fuel subsidies (consumption and production) recorded in Sri Lanka?
The highest recorded value was 2.56 in 2022.
What is the lowest fossil-fuel subsidies (consumption and production) recorded in Sri Lanka?
The lowest recorded value was 0.0787 in 2016.
How does Sri Lanka rank for fossil-fuel subsidies (consumption and production)?
Sri Lanka ranks 56th out of 201 countries with data for 2024.
Is fossil-fuel subsidies (consumption and production) rising or falling in Sri Lanka?
Over the last ten years it is up 333.8%. The long-run trend across the full record is volatile.
Where does this Sri Lanka 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).

Share, cite or embed this page

Cite this page

Fossil-fuel subsidies (consumption and production) in Sri Lanka. 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/sri-lanka/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under UN SDG Global Database (open, attribution requested); please keep the attribution.

<a href="https://energy.statizoid.com/stat/fossil-fuel-subsidies-consumption-and-production-billions-of-nominal-united-states-dollars/sri-lanka/">Fossil-fuel subsidies (consumption and production) in Sri Lanka</a> — Statizoid

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