Fossil-fuel subsidies in Colombia
Colombia: Fossil-fuel subsidies was 7.44 billion billions of current united states dollars in 2023. ◆ Volatile
Fossil-fuel subsidies in Colombia, 2010–2023
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 Colombia is 7.44 billion billions of current united states dollars, measured in 2023. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 36.8% on the previous year and up 273.9% over ten years.
Over the whole period, fossil-fuel subsidies in Colombia peaked at 7.44 billion billions of current united states dollars in 2023 and was at its lowest, 840.00 million billions of current united states dollars, in 2020.
Colombia ranks 29th 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.89 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 | 3.90 billion billions of current united states dollars | 840.00 million billions of current united states dollars | 7.44 billion billions of current united states dollars | 4 |
Countries ranked near Colombia
- 26 Austria 8.36 billion billions of current united states dollars compare
- 27 Libya 8.05 billion billions of current united states dollars compare
- 28 Bangladesh 8.00 billion billions of current united states dollars compare
- 30 Malaysia 6.37 billion billions of current united states dollars compare
- 31 Turkmenistan 6.23 billion billions of current united states dollars compare
- 32 Nigeria 5.91 billion billions of current united states dollars compare
More energy & mining data for Colombia
- Fuel imports 9.6% (2024)
- Ores and metals imports 1.7% (2024)
- Ores and metals exports 1.8% (2024)
- Gas production 94.13 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 1,762 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 94.13 terawatt-hours (2025)
- Gas production per person 1,762 kilowatt-hours per person (2025)
- Fuel exports 45.3% (2024)
- Electric power transmission and distribution losses 7.8% (2024)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 59.5% (2023)
Frequently asked questions
- What is fossil-fuel subsidies in Colombia?
- Fossil-fuel subsidies in Colombia was 7.44 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 Colombia?
- The highest recorded value was 7.44 billion billions of current united states dollars in 2023.
- What is the lowest fossil-fuel subsidies recorded in Colombia?
- The lowest recorded value was 840.00 million billions of current united states dollars in 2020.
- How does Colombia rank for fossil-fuel subsidies?
- Colombia ranks 29th out of 149 countries with data for 2023.
- Is fossil-fuel subsidies rising or falling in Colombia?
- Over the last ten years it is up 273.9%. 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 – 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
Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars)