Fossil-fuel subsidies in Austria

Austria: Fossil-fuel subsidies was 8.36 billion billions of current united states dollars in 2023. ◆ Volatile

Latest (2023)
8.36 billion billions of current united states dollars
Change on year
up 238.5%
World rank
26th
of 149 countries
All-time high
8.36 billion billions of current united states dollars
in 2023
All-time low
550.00 million billions of current united states dollars
in 2020
Years of data
14
2010–2023

Fossil-fuel subsidies in Austria, 2010–2023

02.0B4.0B6.0B8.0B2010201620232010: 1.1B billions of current united states dollars2011: 1.2B billions of current united states dollars2012: 1.0B billions of current united states dollars2013: 890.0M billions of current united states dollars2014: 870.0M billions of current united states dollars2015: 810.0M billions of current united states dollars2016: 830.0M billions of current united states dollars2017: 860.0M billions of current united states dollars2018: 930.0M billions of current united states dollars2019: 970.0M billions of current united states dollars2020: 550.0M billions of current united states dollars2021: 640.0M billions of current united states dollars2022: 2.5B billions of current united states dollars2023: 8.4B 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

The most recent figure for fossil-fuel subsidies in Austria is 8.36 billion billions of current united states dollars, measured in 2023. That is the highest value across all 14 years on record.

That represents a change of up 238.5% on the previous year and up 839.3% over ten years.

Over the whole period, fossil-fuel subsidies in Austria peaked at 8.36 billion billions of current united states dollars in 2023 and was at its lowest, 550.00 million billions of current united states dollars, in 2020.

Austria ranks 26th of 149 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2010s 947.00 million billions of current united states dollars 810.00 million billions of current united states dollars 1.22 billion billions of current united states dollars 10
2020s 3.00 billion billions of current united states dollars 550.00 million billions of current united states dollars 8.36 billion billions of current united states dollars 4

Countries ranked near Austria

  1. 23 Australia 10.58 billion billions of current united states dollars compare
  2. 24 Pakistan 9.17 billion billions of current united states dollars compare
  3. 25 Kuwait 8.95 billion billions of current united states dollars compare
  4. 27 Libya 8.05 billion billions of current united states dollars compare
  5. 28 Bangladesh 8.00 billion billions of current united states dollars compare
  6. 29 Colombia 7.44 billion billions of current united states dollars compare

See the full ranking of 149 places →

More energy & mining data for Austria

All data for Austria →

Frequently asked questions

What is fossil-fuel subsidies in Austria?
Fossil-fuel subsidies in Austria was 8.36 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 Austria?
The highest recorded value was 8.36 billion billions of current united states dollars in 2023.
What is the lowest fossil-fuel subsidies recorded in Austria?
The lowest recorded value was 550.00 million billions of current united states dollars in 2020.
How does Austria rank for fossil-fuel subsidies?
Austria ranks 26th out of 149 countries with data for 2023.
Is fossil-fuel subsidies rising or falling in Austria?
Over the last ten years it is up 839.3%. The long-run trend across the full record is volatile.
Where does this Austria 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.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Our World in Data).

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)