Fossil-fuel subsidies in Bolivia

Bolivia: Fossil-fuel subsidies was 1.38 billion billions of current united states dollars in 2023. ◆ Volatile

Latest (2023)
1.38 billion billions of current united states dollars
Change on year
down 60.6%
World rank
61st
of 149 countries
All-time high
3.50 billion billions of current united states dollars
in 2022
All-time low
300.00 million billions of current united states dollars
in 2020
Years of data
12
2012–2023

Fossil-fuel subsidies in Bolivia, 2012–2023

01.0B2.0B3.0B4.0B2012201720232012: 1.5B billions of current united states dollars2013: 2.1B billions of current united states dollars2014: 2.0B billions of current united states dollars2015: 640.0M billions of current united states dollars2016: 370.0M billions of current united states dollars2017: 580.0M billions of current united states dollars2018: 1.2B billions of current united states dollars2019: 810.0M billions of current united states dollars2020: 300.0M billions of current united states dollars2021: 1.4B billions of current united states dollars2022: 3.5B billions of current united states dollars2023: 1.4B 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

Bolivia recorded 1.38 billion billions of current united states dollars for fossil-fuel subsidies in 2023.

The figure is down 60.6% on the previous year and down 34.9% over ten years.

Over the whole period, fossil-fuel subsidies in Bolivia peaked at 3.50 billion billions of current united states dollars in 2022 and was at its lowest, 300.00 million billions of current united states dollars, in 2020.

That places Bolivia 61st out of 149 countries with data for 2023, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.16 billion billions of current united states dollars 370.00 million billions of current united states dollars 2.12 billion billions of current united states dollars 8
2020s 1.65 billion billions of current united states dollars 300.00 million billions of current united states dollars 3.50 billion billions of current united states dollars 4

Countries ranked near Bolivia

  1. 59 Morocco 1.48 billion billions of current united states dollars compare
  2. 60 Thailand 1.44 billion billions of current united states dollars compare
  3. 61 Romania 1.38 billion billions of current united states dollars compare
  4. 63 Kyrgyzstan 1.22 billion billions of current united states dollars compare
  5. 64 Finland 1.21 billion billions of current united states dollars compare

See the full ranking of 149 places →

More energy & mining data for Bolivia

All data for Bolivia →

Frequently asked questions

What is fossil-fuel subsidies in Bolivia?
Fossil-fuel subsidies in Bolivia was 1.38 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 Bolivia?
The highest recorded value was 3.50 billion billions of current united states dollars in 2022.
What is the lowest fossil-fuel subsidies recorded in Bolivia?
The lowest recorded value was 300.00 million billions of current united states dollars in 2020.
How does Bolivia rank for fossil-fuel subsidies?
Bolivia ranks 61st out of 149 countries with data for 2023.
Is fossil-fuel subsidies rising or falling in Bolivia?
Over the last ten years it is down 34.9%. The long-run trend across the full record is volatile.
Where does this Bolivia 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 — 12 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)