Fossil-fuel subsidies in Brazil

Brazil: Fossil-fuel subsidies was 4.48 billion billions of current united states dollars in 2023. ◆ Volatile

Latest (2023)
4.48 billion billions of current united states dollars
Change on year
down 20.7%
World rank
39th
of 149 countries
All-time high
33.59 billion billions of current united states dollars
in 2012
All-time low
4.48 billion billions of current united states dollars
in 2023
Years of data
14
2010–2023

Fossil-fuel subsidies in Brazil, 2010–2023

010.0B20.0B30.0B2010201620232010: 25.9B billions of current united states dollars2011: 30.8B billions of current united states dollars2012: 33.6B billions of current united states dollars2013: 32.3B billions of current united states dollars2014: 28.3B billions of current united states dollars2015: 16.6B billions of current united states dollars2016: 13.3B billions of current united states dollars2017: 9.5B billions of current united states dollars2018: 8.7B billions of current united states dollars2019: 7.1B billions of current united states dollars2020: 4.9B billions of current united states dollars2021: 6.1B billions of current united states dollars2022: 5.7B billions of current united states dollars2023: 4.5B 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 Brazil stood at 4.48 billion billions of current united states dollars. That is the lowest value across all 14 years on record.

Compared with earlier readings it is down 20.7% on the previous year and down 86.1% over ten years.

Over the whole period, fossil-fuel subsidies in Brazil peaked at 33.59 billion billions of current united states dollars in 2012 and was at its lowest, 4.48 billion billions of current united states dollars, in 2023.

Brazil ranks 39th of 149 countries on this measure, 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 20.61 billion billions of current united states dollars 7.13 billion billions of current united states dollars 33.59 billion billions of current united states dollars 10
2020s 5.29 billion billions of current united states dollars 4.48 billion billions of current united states dollars 6.14 billion billions of current united states dollars 4

Countries ranked near Brazil

  1. 36 Azerbaijan 5.09 billion billions of current united states dollars compare
  2. 37 Angola 4.99 billion billions of current united states dollars compare
  3. 38 Germany 4.56 billion billions of current united states dollars compare
  4. 40 South Africa 4.27 billion billions of current united states dollars compare
  5. 41 Ethiopia 4.14 billion billions of current united states dollars compare
  6. 42 Portugal 3.96 billion billions of current united states dollars compare

See the full ranking of 149 places →

More energy & mining data for Brazil

All data for Brazil →

Frequently asked questions

What is fossil-fuel subsidies in Brazil?
Fossil-fuel subsidies in Brazil was 4.48 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 Brazil?
The highest recorded value was 33.59 billion billions of current united states dollars in 2012.
What is the lowest fossil-fuel subsidies recorded in Brazil?
The lowest recorded value was 4.48 billion billions of current united states dollars in 2023.
How does Brazil rank for fossil-fuel subsidies?
Brazil ranks 39th out of 149 countries with data for 2023.
Is fossil-fuel subsidies rising or falling in Brazil?
Over the last ten years it is down 86.1%. The long-run trend across the full record is volatile.
Where does this Brazil 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)