Explicit fossil fuel subsidies as a share of GDP in Mexico

Mexico: Explicit fossil fuel subsidies as a share of GDP was 1.0% in 2024. ▼ Falling

Latest (2024)
1.0%
Change on year
down 24.0%
World rank
40th
of 194 countries
All-time high
2.7%
in 2022
All-time low
0.8%
in 2014
Years of data
15
2010–2024

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

11.522.52010201720242010: 1.5 %2011: 2.3 %2012: 2.4 %2013: 1.5 %2014: 0.85 %2015: 1 %2016: 2.3 %2017: 1.2 %2018: 1.4 %2019: 1.5 %2020: 0.98 %2021: 2.2 %2022: 2.7 %2023: 1.3 %2024: 0.98 %

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

Analysis

In 2024, explicit fossil fuel subsidies as a share of gdp in Mexico stood at 1.0%.

Compared with earlier readings it is down 24.0% on the previous year and up 15.3% over ten years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Mexico peaked at 2.7% in 2022 and was at its lowest, 0.8%, in 2014.

Mexico ranks 40th of 194 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 15 years of available data.

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

Annual values for Explicit fossil fuel subsidies as a share of GDP in Mexico, 2010 to 2024.
Year % Change
2010 1.5% —
2011 2.3% +58.2%
2012 2.4% +3.5%
2013 1.5% -36.4%
2014 0.8% -44.1%
2015 1.0% +21.2%
2016 2.3% +120.4%
2017 1.2% -47.6%
2018 1.4% +20.2%
2019 1.5% +4.9%
2020 1.0% -34.7%
2021 2.2% +126.5%
2022 2.7% +22.5%
2023 1.3% -52.6%
2024 1.0% -24.0%

Mexico compared with similar countries

  • Mexico's 1.0% is above the median for upper middle income countries, which is 0.1%, 8.9× the median. (57 countries reporting)
  • Mexico's 1.0% is above the median for Latin America & Caribbean, which is 0.0%, 32.7× the median. (34 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.6% 0.8% 2.4% 10
2020s 1.6% 1.0% 2.7% 5

Countries ranked near Mexico

  1. 37 Lebanon 1.2% compare
  2. 38 Bangladesh 1.1% compare
  3. 39 Greece 1.1% compare
  4. 41 Italy 0.8% compare
  5. 41 Japan 0.8% compare
  6. 43 Slovakia 0.8% compare

See the full ranking of 194 places →

More energy & mining data for Mexico

All data for Mexico →

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Mexico?
Explicit fossil fuel subsidies as a share of gdp in Mexico was 1.0% 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 Mexico?
The highest recorded value was 2.7% in 2022.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Mexico?
The lowest recorded value was 0.8% in 2014.
How does Mexico rank for explicit fossil fuel subsidies as a share of gdp?
Mexico ranks 40th out of 194 countries with data for 2024.
Is explicit fossil fuel subsidies as a share of gdp rising or falling in Mexico?
Over the last ten years it is up 15.3%. The long-run trend across the full record is falling.
Where does this Mexico 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 Mexico. 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/mexico/

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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 (%).