Fossil-fuel subsidies in Egypt

Egypt: Fossil-fuel subsidies was 28.98 billion billions of current united states dollars in 2023. β–² Rising

Latest (2023)
28.98 billion billions of current united states dollars
Change on year
down 53.7%
World rank
11th
of 149 countries
All-time high
62.53 billion billions of current united states dollars
in 2022
All-time low
9.78 billion billions of current united states dollars
in 2020
Years of data
14
2010–2023

Fossil-fuel subsidies in Egypt, 2010–2023

020.0B40.0B60.0B2010201620232010: 18.3B billions of current united states dollars2011: 26.9B billions of current united states dollars2012: 28.8B billions of current united states dollars2013: 29.4B billions of current united states dollars2014: 24.6B billions of current united states dollars2015: 16.9B billions of current united states dollars2016: 13.7B billions of current united states dollars2017: 21.7B billions of current united states dollars2018: 26.9B billions of current united states dollars2019: 16.9B billions of current united states dollars2020: 9.8B billions of current united states dollars2021: 26.4B billions of current united states dollars2022: 62.5B billions of current united states dollars2023: 29.0B 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

Egypt recorded 28.98 billion billions of current united states dollars for fossil-fuel subsidies in 2023.

The figure is down 53.7% on the previous year and down 1.4% over ten years.

Over the whole period, fossil-fuel subsidies in Egypt peaked at 62.53 billion billions of current united states dollars in 2022 and was at its lowest, 9.78 billion billions of current united states dollars, in 2020.

That places Egypt 11th out of 149 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 22.40 billion billions of current united states dollars 13.69 billion billions of current united states dollars 29.38 billion billions of current united states dollars 10
2020s 31.93 billion billions of current united states dollars 9.78 billion billions of current united states dollars 62.53 billion billions of current united states dollars 4

Countries ranked near Egypt

  1. 8 France 38.31 billion billions of current united states dollars compare
  2. 9 Indonesia 35.41 billion billions of current united states dollars compare
  3. 10 Italy 35.28 billion billions of current united states dollars compare
  4. 12 Algeria 26.60 billion billions of current united states dollars compare
  5. 13 United States 17.83 billion billions of current united states dollars compare
  6. 14 Mexico 16.41 billion billions of current united states dollars compare

See the full ranking of 149 places β†’

More energy & mining data for Egypt

All data for Egypt β†’

Frequently asked questions

What is fossil-fuel subsidies in Egypt?
Fossil-fuel subsidies in Egypt was 28.98 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 Egypt?
The highest recorded value was 62.53 billion billions of current united states dollars in 2022.
What is the lowest fossil-fuel subsidies recorded in Egypt?
The lowest recorded value was 9.78 billion billions of current united states dollars in 2020.
How does Egypt rank for fossil-fuel subsidies?
Egypt ranks 11th out of 149 countries with data for 2023.
Is fossil-fuel subsidies rising or falling in Egypt?
Over the last ten years it is down 1.4%. The long-run trend across the full record is rising.
Where does this Egypt 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.

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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)