Fossil-fuel subsidies (consumption and production) in Viet Nam

Viet Nam: Fossil-fuel subsidies (consumption and production) was 3.36 in 2024. ◆ Volatile

Latest (2024)
3.36
Change on year
down 13.8%
World rank
41st
of 201 countries
All-time high
32.58
in 2022
All-time low
0.0754
in 2015
Years of data
15
2010–2024

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

01020302010201720242010: 2.82011: 3.72012: 52013: 1.72014: 1.12015: 0.0752016: 0.1022017: 0.1852018: 0.5992019: 0.4682020: 0.5342021: 4.92022: 32.62023: 3.92024: 3.4

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for fossil-fuel subsidies (consumption and production) in Viet Nam is 3.36, measured in 2024.

The figure is down 13.8% on the previous year and up 197.0% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) in Viet Nam peaked at 32.58 in 2022 and was at its lowest, 0.0754, in 2015.

That places Viet Nam 41st out of 201 countries with data for 2024, putting it 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 Viet Nam, year by year

Annual values for Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars) in Viet Nam, 2010 to 2024.
Year Value Change
2010 2.82
2011 3.71 +31.6%
2012 4.96 +33.7%
2013 1.74 -64.9%
2014 1.13 -35.0%
2015 0.0754 -93.3%
2016 0.1018 +35.1%
2017 0.1849 +81.5%
2018 0.5992 +224.1%
2019 0.4684 -21.8%
2020 0.5338 +14.0%
2021 4.94 +824.7%
2022 32.58 +560.0%
2023 3.9 -88.0%
2024 3.36 -13.8%

Biggest year-on-year movements

Years where Fossil-fuel subsidies (consumption and production) in Viet Nam 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 +824.7% 0.5338 4.94
2022 +560.0% 4.94 32.58

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.58 0.0754 4.96 10
2020s 9.06 0.5338 32.58 5

Countries ranked near Viet Nam

  1. 38 Azerbaijan 4.17 compare
  2. 39 Nigeria 4.09 compare
  3. 40 Ireland 3.88 compare
  4. 41 Viet Nam 3.36 compare
  5. 43 Angola 3.29 compare
  6. 44 Canada 3.17 compare

See the full ranking of 238 places →

More energy & mining data for Viet Nam

All data for Viet Nam →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) in Viet Nam?
Fossil-fuel subsidies (consumption and production) in Viet Nam was 3.36 in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest fossil-fuel subsidies (consumption and production) recorded in Viet Nam?
The highest recorded value was 32.58 in 2022.
What is the lowest fossil-fuel subsidies (consumption and production) recorded in Viet Nam?
The lowest recorded value was 0.0754 in 2015.
How does Viet Nam rank for fossil-fuel subsidies (consumption and production)?
Viet Nam ranks 41st out of 201 countries with data for 2024.
Is fossil-fuel subsidies (consumption and production) rising or falling in Viet Nam?
Over the last ten years it is up 197.0%. The long-run trend across the full record is volatile.
Where does this Viet Nam 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 Viet Nam. 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/viet-nam-2/

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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