Fossil-fuel subsidies (consumption and production) in World

World: Fossil-fuel subsidies (consumption and production) was 921.22 in 2024. ▲ Rising

Latest (2024)
921.22
Change on year
down 10.2%
Rank
1st
of 37 groups
All-time high
1,659
in 2022
All-time low
402.05
in 2020
Years of data
15
2010–2024

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

5001.0k1.5k2010201720242010: 5762011: 714.52012: 793.22013: 769.22014: 695.72015: 4862016: 443.72017: 486.12018: 660.72019: 568.62020: 4022021: 783.72022: 1.7k2023: 1.0k2024: 921.2

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for fossil-fuel subsidies (consumption and production) in World is 921.22, measured in 2024.

That represents a change of down 10.2% on the previous year and up 32.4% over ten years.

Over the whole period, fossil-fuel subsidies (consumption and production) in World peaked at 1,659 in 2022 and was at its lowest, 402.05, in 2020.

That places World 1st out of 37 groups 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 World, year by year

Annual values for Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars) in World, 2010 to 2024.
Year Value Change
2010 575.96
2011 714.47 +24.0%
2012 793.24 +11.0%
2013 769.19 -3.0%
2014 695.67 -9.6%
2015 486.05 -30.1%
2016 443.73 -8.7%
2017 486.11 +9.5%
2018 660.7 +35.9%
2019 568.6 -13.9%
2020 402.05 -29.3%
2021 783.74 +94.9%
2022 1,659 +111.6%
2023 1,026 -38.2%
2024 921.22 -10.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 619.37 443.73 793.24 10
2020s 958.3 402.05 1,659 5

Countries ranked near World

  1. 1 Russian Federation 113.75 compare
  2. 1 Russian Federation 113.75 compare
  3. 3 Iran (Islamic Republic of) 104.6 compare
  4. 4 China 90.01 compare

See the full ranking of 238 places →

More energy & mining data for World

All data for World →

Frequently asked questions

What is fossil-fuel subsidies (consumption and production) in World?
Fossil-fuel subsidies (consumption and production) in World was 921.22 in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest fossil-fuel subsidies (consumption and production) recorded in World?
The highest recorded value was 1,659 in 2022.
What is the lowest fossil-fuel subsidies (consumption and production) recorded in World?
The lowest recorded value was 402.05 in 2020.
How does World rank for fossil-fuel subsidies (consumption and production)?
World ranks 1st out of 37 groups with data for 2024.
Is fossil-fuel subsidies (consumption and production) rising or falling in World?
Over the last ten years it is up 32.4%. The long-run trend across the full record is rising.
Where does this World 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 World. 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/world/

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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