Fossil-fuel subsidies (consumption and production) in Venezuela (Bolivarian Republic of)
Venezuela (Bolivarian Republic of): Fossil-fuel subsidies (consumption and production) was 7.52 in 2024. ◆ Volatile
Fossil-fuel subsidies (consumption and production) in Venezuela (Bolivarian Republic of), 2010–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Venezuela (Bolivarian Republic of) recorded 7.52 for fossil-fuel subsidies (consumption and production) in 2024.
Compared with earlier readings it is down 43.1% on the previous year and down 34.3% over five years.
Over the whole period, fossil-fuel subsidies (consumption and production) in Venezuela (Bolivarian Republic of) peaked at 18.17 in 2022 and was at its lowest, 0, in 2010.
Venezuela (Bolivarian Republic of) ranks 30th 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 Venezuela (Bolivarian Republic of), year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 0 | — |
| 2011 | 0 | — |
| 2012 | 0 | — |
| 2013 | 0 | — |
| 2014 | 0 | — |
| 2015 | 6.19 | — |
| 2016 | 4.98 | -19.6% |
| 2017 | 6.68 | +34.3% |
| 2018 | 9.26 | +38.6% |
| 2019 | 11.45 | +23.7% |
| 2020 | 6.16 | -46.2% |
| 2021 | 10.64 | +72.7% |
| 2022 | 18.17 | +70.7% |
| 2023 | 13.21 | -27.3% |
| 2024 | 7.52 | -43.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.86 | 0 | 11.45 | 10 |
| 2020s | 11.14 | 6.16 | 18.17 | 5 |
Countries ranked near Venezuela (Bolivarian Republic of)
More energy & mining data for Venezuela (Bolivarian Republic of)
- Energy intensity level of primary energy 8.31 (2023)
- Renewable energy share in the total final energy consumption 27.2% (2023)
- Proportion of population with primary reliance on clean fuels and 92.0% (2024)
- International financial flows to developing countries in support of 0 (2024)
- Installed renewable electricity-generating capacity 599.32 (2024)
- Proportion of population with access to electricity, by urban/rural 100.0% (2024)
- Fossil-fuel subsidies (consumption and production) as a proportion of 5.9% (2024)
- Fossil-fuel subsidies (consumption and production) per capita 264.83 (2024)
Frequently asked questions
- What is fossil-fuel subsidies (consumption and production) in Venezuela (Bolivarian Republic of)?
- Fossil-fuel subsidies (consumption and production) in Venezuela (Bolivarian Republic of) was 7.52 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest fossil-fuel subsidies (consumption and production) recorded in Venezuela (Bolivarian Republic of)?
- The highest recorded value was 18.17 in 2022.
- What is the lowest fossil-fuel subsidies (consumption and production) recorded in Venezuela (Bolivarian Republic of)?
- The lowest recorded value was 0 in 2010.
- How does Venezuela (Bolivarian Republic of) rank for fossil-fuel subsidies (consumption and production)?
- Venezuela (Bolivarian Republic of) ranks 30th out of 201 countries with data for 2024.
- Where does this Venezuela (Bolivarian Republic of) 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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