Fossil-fuel subsidies in Argentina

Argentina: Fossil-fuel subsidies was 11.34 billion billions of current united states dollars in 2023. ▬ Flat

Latest (2023)
11.34 billion billions of current united states dollars
Change on year
down 49.0%
World rank
20th
of 149 countries
All-time high
22.24 billion billions of current united states dollars
in 2022
All-time low
5.09 billion billions of current united states dollars
in 2020
Years of data
14
2010–2023

Fossil-fuel subsidies in Argentina, 2010–2023

5.0B10.0B15.0B20.0B2010201620232010: 9.5B billions of current united states dollars2011: 13.6B billions of current united states dollars2012: 13.9B billions of current united states dollars2013: 18.1B billions of current united states dollars2014: 17.2B billions of current united states dollars2015: 13.8B billions of current united states dollars2016: 10.2B billions of current united states dollars2017: 8.0B billions of current united states dollars2018: 8.0B billions of current united states dollars2019: 6.7B billions of current united states dollars2020: 5.1B billions of current united states dollars2021: 17.4B billions of current united states dollars2022: 22.2B billions of current united states dollars2023: 11.3B billions of current united states dollars

Source: United Nations Environment Programme – processed by Our World in Data. Measured in billions of current united states dollars.

Analysis

In 2023, fossil-fuel subsidies in Argentina stood at 11.34 billion billions of current united states dollars.

That represents a change of down 49.0% on the previous year and down 37.2% over ten years.

Over the whole period, fossil-fuel subsidies in Argentina peaked at 22.24 billion billions of current united states dollars in 2022 and was at its lowest, 5.09 billion billions of current united states dollars, in 2020.

That places Argentina 20th out of 149 countries with data for 2023, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 11.89 billion billions of current united states dollars 6.73 billion billions of current united states dollars 18.05 billion billions of current united states dollars 10
2020s 14.03 billion billions of current united states dollars 5.09 billion billions of current united states dollars 22.24 billion billions of current united states dollars 4

Countries ranked near Argentina

  1. 17 United Arab Emirates 14.06 billion billions of current united states dollars compare
  2. 18 Venezuela 13.50 billion billions of current united states dollars compare
  3. 19 United Kingdom 12.63 billion billions of current united states dollars compare
  4. 21 Uzbekistan 11.11 billion billions of current united states dollars compare
  5. 22 Spain 10.85 billion billions of current united states dollars compare
  6. 23 Australia 10.58 billion billions of current united states dollars compare

See the full ranking of 149 places →

More energy & mining data for Argentina

All data for Argentina →

Frequently asked questions

What is fossil-fuel subsidies in Argentina?
Fossil-fuel subsidies in Argentina was 11.34 billion billions of current united states dollars in 2023, according to United Nations Environment Programme – processed by Our World in Data.
What is the highest fossil-fuel subsidies recorded in Argentina?
The highest recorded value was 22.24 billion billions of current united states dollars in 2022.
What is the lowest fossil-fuel subsidies recorded in Argentina?
The lowest recorded value was 5.09 billion billions of current united states dollars in 2020.
How does Argentina rank for fossil-fuel subsidies?
Argentina ranks 20th out of 149 countries with data for 2023.
Is fossil-fuel subsidies rising or falling in Argentina?
Over the last ten years it is down 37.2%. 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 – processed by Our World in Data, published as part of Fossil-fuel subsidies. Statizoid updates them automatically from the source API.

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About this data

Indicator
Fossil-fuel subsidies
Unit
billions of current united states dollars
Source
United Nations Environment Programme – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
149 places, 1,727 data points, 2010–2024
Last refreshed

Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars)