Explicit fossil fuel subsidies as a share of GDP in Argentina

Argentina: Explicit fossil fuel subsidies as a share of GDP was 1.3% in 2024. ▬ Flat

Latest (2024)
1.3%
Change on year
down 40.3%
World rank
35th
of 194 countries
All-time high
5.2%
in 2022
All-time low
1.3%
in 2024
Years of data
15
2010–2024

Explicit fossil fuel subsidies as a share of GDP in Argentina, 2010–2024

123452010201720242010: 2 %2011: 2.8 %2012: 2.8 %2013: 3.5 %2014: 3.6 %2015: 3.1 %2016: 2.6 %2017: 2 %2018: 2 %2019: 1.9 %2020: 1.7 %2021: 4.3 %2022: 5.2 %2023: 2.2 %2024: 1.3 %

Source: United Nations Environment Programme – with minor processing by Our World in Data. Measured in %.

Analysis

The most recent figure for explicit fossil fuel subsidies as a share of gdp in Argentina is 1.3%, measured in 2024. That is the lowest value across all 15 years on record.

Compared with earlier readings it is down 40.3% on the previous year and down 63.5% over ten years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Argentina peaked at 5.2% in 2022 and was at its lowest, 1.3%, in 2024.

That places Argentina 35th out of 194 countries with data for 2024, putting it in the top quarter.

Explicit fossil fuel subsidies as a share of GDP in Argentina, year by year

Annual values for Explicit fossil fuel subsidies as a share of GDP in Argentina, 2010 to 2024.
Year % Change
2010 2.0% —
2011 2.8% +36.8%
2012 2.8% -0.4%
2013 3.5% +27.7%
2014 3.6% +2.0%
2015 3.1% -14.4%
2016 2.6% -14.8%
2017 2.0% -23.5%
2018 2.0% +1.0%
2019 1.9% -8.3%
2020 1.7% -10.2%
2021 4.3% +156.5%
2022 5.2% +20.6%
2023 2.2% -57.5%
2024 1.3% -40.3%

Argentina compared with similar countries

  • Argentina's 1.3% is above the median for upper middle income countries, which is 0.1%, 12.0× the median. (57 countries reporting)
  • Argentina's 1.3% is above the median for Latin America & Caribbean, which is 0.0%, 44.0× the median. (34 countries reporting)

Biggest year-on-year movements

Years where Explicit fossil fuel subsidies as a share of GDP in Argentina 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 +156.5% 1.7% 4.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 2.6% 1.9% 3.6% 10
2020s 2.9% 1.3% 5.2% 5

Countries ranked near Argentina

  1. 32 Ecuador 1.7% compare
  2. 32 Sri Lanka 1.7% compare
  3. 34 Syria 1.4% compare
  4. 36 Norway 1.3% compare
  5. 37 Lebanon 1.2% compare
  6. 38 Bangladesh 1.1% compare

See the full ranking of 194 places →

More energy & mining data for Argentina

All data for Argentina →

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Argentina?
Explicit fossil fuel subsidies as a share of gdp in Argentina was 1.3% in 2024, according to United Nations Environment Programme – with minor processing by Our World in Data.
What is the highest explicit fossil fuel subsidies as a share of gdp recorded in Argentina?
The highest recorded value was 5.2% in 2022.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Argentina?
The lowest recorded value was 1.3% in 2024.
How does Argentina rank for explicit fossil fuel subsidies as a share of gdp?
Argentina ranks 35th out of 194 countries with data for 2024.
Is explicit fossil fuel subsidies as a share of gdp rising or falling in Argentina?
Over the last ten years it is down 63.5%. The long-run trend across the full record is flat.
Where does this Argentina data come from?
The figures come from United Nations Environment Programme – with minor processing by Our World in Data, published as part of Explicit fossil fuel subsidies as a share of GDP. Statizoid updates them automatically from the source API.

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Explicit fossil fuel subsidies as a share of GDP in Argentina. Statizoid, drawing on United Nations Environment Programme – with minor processing by Our World in Data. Retrieved 27 September 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies-gdp/argentina/

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About this data

Indicator
Explicit fossil fuel subsidies as a share of GDP
Unit
%
Source
United Nations Environment Programme – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 2,687 data points, 2010–2024
Last refreshed

Fossil-fuel subsidies (consumption and production) as a proportion of total GDP (%).