Fossil-fuel subsidies in Argentina
Argentina: Fossil-fuel subsidies was 5.76 billion billions of current united states dollars in 2024. ▬ Flat
Fossil-fuel subsidies in Argentina, 2010–2024
Source: United Nations Environment Programme – with minor processing by Our World in Data. Measured in billions of current united states dollars.
Analysis
In 2024, fossil-fuel subsidies in Argentina stood at 5.76 billion billions of current united states dollars. That is the lowest value across all 15 years on record.
That represents a change of down 41.2% on the previous year and down 63.3% over ten years.
Over the whole period, fossil-fuel subsidies in Argentina peaked at 23.47 billion billions of current united states dollars in 2022 and was at its lowest, 5.76 billion billions of current united states dollars, in 2024.
That places Argentina 31st out of 189 countries with data for 2024, putting it in the top quarter.
Fossil-fuel subsidies in Argentina, year by year
| Year | billions of current united states dollars | Change |
|---|---|---|
| 2010 | 8.46 billion billions of current united states dollars | — |
| 2011 | 12.25 billion billions of current united states dollars | +44.8% |
| 2012 | 12.07 billion billions of current united states dollars | -1.5% |
| 2013 | 15.79 billion billions of current united states dollars | +30.8% |
| 2014 | 15.71 billion billions of current united states dollars | -0.5% |
| 2015 | 13.83 billion billions of current united states dollars | -12.0% |
| 2016 | 11.52 billion billions of current united states dollars | -16.7% |
| 2017 | 9.08 billion billions of current united states dollars | -21.2% |
| 2018 | 8.90 billion billions of current united states dollars | -2.0% |
| 2019 | 8.02 billion billions of current united states dollars | -9.9% |
| 2020 | 6.49 billion billions of current united states dollars | -19.1% |
| 2021 | 18.35 billion billions of current united states dollars | +182.7% |
| 2022 | 23.47 billion billions of current united states dollars | +27.9% |
| 2023 | 9.79 billion billions of current united states dollars | -58.3% |
| 2024 | 5.76 billion billions of current united states dollars | -41.2% |
Argentina compared with similar countries
- Argentina's 5.76 billion billions of current united states dollars is above the median for upper middle income countries, which is 35.00 million billions of current united states dollars, 164.6× the median. (56 countries reporting)
Biggest year-on-year movements
Years where Fossil-fuel subsidies 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.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +182.7% | 6.49 billion billions of current united states dollars | 18.35 billion billions of current united states dollars |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 11.56 billion billions of current united states dollars | 8.02 billion billions of current united states dollars | 15.79 billion billions of current united states dollars | 10 |
| 2020s | 12.77 billion billions of current united states dollars | 5.76 billion billions of current united states dollars | 23.47 billion billions of current united states dollars | 5 |
Countries ranked near Argentina
- 28 Venezuela 7.52 billion billions of current united states dollars compare
- 29 Pakistan 7.28 billion billions of current united states dollars compare
- 30 Libya 7.27 billion billions of current united states dollars compare
- 32 Ukraine 5.50 billion billions of current united states dollars compare
- 33 Bangladesh 5.18 billion billions of current united states dollars compare
- 34 Norway 5.15 billion billions of current united states dollars compare
More energy & mining data for Argentina
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -1.19 % 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 (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 6.2% (2024)
Frequently asked questions
- What is fossil-fuel subsidies in Argentina?
- Fossil-fuel subsidies in Argentina was 5.76 billion billions of current united states dollars in 2024, according to United Nations Environment Programme – with minor processing by Our World in Data.
- What is the highest fossil-fuel subsidies recorded in Argentina?
- The highest recorded value was 23.47 billion billions of current united states dollars in 2022.
- What is the lowest fossil-fuel subsidies recorded in Argentina?
- The lowest recorded value was 5.76 billion billions of current united states dollars in 2024.
- How does Argentina rank for fossil-fuel subsidies?
- Argentina ranks 31st out of 189 countries with data for 2024.
- Is fossil-fuel subsidies rising or falling in Argentina?
- Over the last ten years it is down 63.3%. 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 Fossil-fuel subsidies. Statizoid updates them automatically from the source API.
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About this data
Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars).