Explicit fossil fuel subsidies as a share of GDP in Colombia
Colombia: Explicit fossil fuel subsidies as a share of GDP was 3.3% in 2024. ◆ Volatile
Explicit fossil fuel subsidies as a share of GDP in Colombia, 2010–2024
Source: United Nations Environment Programme – with minor processing by Our World in Data. Measured in %.
Analysis
Colombia recorded 3.3% for explicit fossil fuel subsidies as a share of gdp in 2024. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 30.9% on the previous year and up 302.5% over ten years.
Over the whole period, explicit fossil fuel subsidies as a share of gdp in Colombia peaked at 3.3% in 2024 and was at its lowest, 0.3%, in 2020.
That places Colombia 18th out of 194 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Explicit fossil fuel subsidies as a share of GDP in Colombia, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 1.2% | — |
| 2011 | 1.0% | -19.7% |
| 2012 | 0.8% | -15.3% |
| 2013 | 0.8% | -2.4% |
| 2014 | 0.8% | +0.0% |
| 2015 | 0.5% | -37.0% |
| 2016 | 0.5% | -5.9% |
| 2017 | 0.6% | +33.3% |
| 2018 | 0.8% | +28.1% |
| 2019 | 0.6% | -32.9% |
| 2020 | 0.3% | -36.4% |
| 2021 | 0.7% | +111.4% |
| 2022 | 1.8% | +143.2% |
| 2023 | 2.5% | +38.3% |
| 2024 | 3.3% | +30.9% |
Colombia compared with similar countries
- Colombia's 3.3% is above the median for upper middle income countries, which is 0.1%, 29.6× the median. (57 countries reporting)
- Colombia's 3.3% is above the median for Latin America & Caribbean, which is 0.0%, 108.7× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.8% | 0.5% | 1.2% | 10 |
| 2020s | 1.7% | 0.3% | 3.3% | 5 |
Countries ranked near Colombia
- 15 Angola 4.4% compare
- 15 Ukraine 4.4% compare
- 17 United Arab Emirates 3.4% compare
- 19 Trinidad and Tobago 3.0% compare
- 20 Netherlands 3.0% compare
- 21 Qatar 2.9% compare
More energy & mining data for Colombia
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -4.05 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2025)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 9.6% (2024)
Frequently asked questions
- What is explicit fossil fuel subsidies as a share of gdp in Colombia?
- Explicit fossil fuel subsidies as a share of gdp in Colombia was 3.3% 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 Colombia?
- The highest recorded value was 3.3% in 2024.
- What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Colombia?
- The lowest recorded value was 0.3% in 2020.
- How does Colombia rank for explicit fossil fuel subsidies as a share of gdp?
- Colombia ranks 18th out of 194 countries with data for 2024.
- Is explicit fossil fuel subsidies as a share of gdp rising or falling in Colombia?
- Over the last ten years it is up 302.5%. The long-run trend across the full record is volatile.
- Where does this Colombia 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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CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Fossil-fuel subsidies (consumption and production) as a proportion of total GDP (%).