Fossil-fuel subsidies in Colombia
Colombia: Fossil-fuel subsidies was 10.73 billion billions of current united states dollars in 2024. ◆ Volatile
Fossil-fuel subsidies in Colombia, 2010–2024
Source: United Nations Environment Programme – with minor processing by Our World in Data. Measured in billions of current united states dollars.
Analysis
The most recent figure for fossil-fuel subsidies in Colombia is 10.73 billion billions of current united states dollars, measured in 2024. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 33.0% on the previous year and up 413.4% over ten years.
Over the whole period, fossil-fuel subsidies in Colombia peaked at 10.73 billion billions of current united states dollars in 2024 and was at its lowest, 950.00 million billions of current united states dollars, in 2020.
Colombia ranks 20th of 189 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Fossil-fuel subsidies in Colombia, year by year
| Year | billions of current united states dollars | Change |
|---|---|---|
| 2010 | 2.58 billion billions of current united states dollars | — |
| 2011 | 2.23 billion billions of current united states dollars | -13.6% |
| 2012 | 1.94 billion billions of current united states dollars | -13.0% |
| 2013 | 1.99 billion billions of current united states dollars | +2.6% |
| 2014 | 2.09 billion billions of current united states dollars | +5.0% |
| 2015 | 1.37 billion billions of current united states dollars | -34.4% |
| 2016 | 1.29 billion billions of current united states dollars | -5.8% |
| 2017 | 1.75 billion billions of current united states dollars | +35.7% |
| 2018 | 2.33 billion billions of current united states dollars | +33.1% |
| 2019 | 1.60 billion billions of current united states dollars | -31.3% |
| 2020 | 950.00 million billions of current united states dollars | -40.6% |
| 2021 | 2.21 billion billions of current united states dollars | +132.6% |
| 2022 | 5.78 billion billions of current united states dollars | +161.5% |
| 2023 | 8.07 billion billions of current united states dollars | +39.6% |
| 2024 | 10.73 billion billions of current united states dollars | +33.0% |
Colombia compared with similar countries
- Colombia's 10.73 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, 306.6× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.92 billion billions of current united states dollars | 1.29 billion billions of current united states dollars | 2.58 billion billions of current united states dollars | 10 |
| 2020s | 5.55 billion billions of current united states dollars | 950.00 million billions of current united states dollars | 10.73 billion billions of current united states dollars | 5 |
Countries ranked near Colombia
- 17 Brazil 11.67 billion billions of current united states dollars compare
- 18 Kazakhstan 11.45 billion billions of current united states dollars compare
- 19 Uzbekistan 10.92 billion billions of current united states dollars compare
- 21 Spain 10.60 billion billions of current united states dollars compare
- 22 France 8.92 billion billions of current united states dollars compare
- 23 Malaysia 8.28 billion billions of current united states dollars compare
More energy & mining data for Colombia
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -4.05 % 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 (2025)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 9.6% (2024)
Frequently asked questions
- What is fossil-fuel subsidies in Colombia?
- Fossil-fuel subsidies in Colombia was 10.73 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 Colombia?
- The highest recorded value was 10.73 billion billions of current united states dollars in 2024.
- What is the lowest fossil-fuel subsidies recorded in Colombia?
- The lowest recorded value was 950.00 million billions of current united states dollars in 2020.
- How does Colombia rank for fossil-fuel subsidies?
- Colombia ranks 20th out of 189 countries with data for 2024.
- Is fossil-fuel subsidies rising or falling in Colombia?
- Over the last ten years it is up 413.4%. The long-run trend across the full record is volatile.
- Where does this Colombia 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).