Fossil-fuel subsidies in Finland
Finland: Fossil-fuel subsidies was 1.06 billion billions of current united states dollars in 2024. ▼ Falling
Latest (2024)
1.06 billion billions of current united states dollars
Change on year
down 3.6%
World rank
59th
of 189 countries
All-time high
1.85 billion billions of current united states dollars
in 2011
All-time low
1.06 billion billions of current united states dollars
in 2024
Years of data
15
2010–2024
Fossil-fuel subsidies in Finland, 2010–2024
Source: United Nations Environment Programme – with minor processing by Our World in Data. Measured in billions of current united states dollars.
Analysis
In 2024, fossil-fuel subsidies in Finland stood at 1.06 billion billions of current united states dollars. That is the lowest value across all 15 years on record.
That represents a change of down 3.6% on the previous year and down 37.6% over ten years.
Over the whole period, fossil-fuel subsidies in Finland peaked at 1.85 billion billions of current united states dollars in 2011 and was at its lowest, 1.06 billion billions of current united states dollars, in 2024.
Finland ranks 59th of 189 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Fossil-fuel subsidies in Finland, year by year
| Year | billions of current united states dollars | Change |
|---|---|---|
| 2010 | 1.73 billion billions of current united states dollars | — |
| 2011 | 1.85 billion billions of current united states dollars | +6.9% |
| 2012 | 1.58 billion billions of current united states dollars | -14.6% |
| 2013 | 1.74 billion billions of current united states dollars | +10.1% |
| 2014 | 1.70 billion billions of current united states dollars | -2.3% |
| 2015 | 1.36 billion billions of current united states dollars | -20.0% |
| 2016 | 1.44 billion billions of current united states dollars | +5.9% |
| 2017 | 1.49 billion billions of current united states dollars | +3.5% |
| 2018 | 1.64 billion billions of current united states dollars | +10.1% |
| 2019 | 1.42 billion billions of current united states dollars | -13.4% |
| 2020 | 1.49 billion billions of current united states dollars | +4.9% |
| 2021 | 1.50 billion billions of current united states dollars | +0.7% |
| 2022 | 1.20 billion billions of current united states dollars | -20.0% |
| 2023 | 1.10 billion billions of current united states dollars | -8.3% |
| 2024 | 1.06 billion billions of current united states dollars | -3.6% |
Finland compared with similar countries
- Finland's 1.06 billion billions of current united states dollars is above the median for high income countries, which is 955.00 million billions of current united states dollars, 1.1× the median. (64 countries reporting)
- Finland's 1.06 billion billions of current united states dollars is above the median for Europe & Central Asia, which is 1.05 billion billions of current united states dollars, 1.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.59 billion billions of current united states dollars | 1.36 billion billions of current united states dollars | 1.85 billion billions of current united states dollars | 10 |
| 2020s | 1.27 billion billions of current united states dollars | 1.06 billion billions of current united states dollars | 1.50 billion billions of current united states dollars | 5 |
Countries ranked near Finland
- 56 Bahrain 1.16 billion billions of current united states dollars compare
- 57 Hungary 1.13 billion billions of current united states dollars compare
- 58 Bolivia 1.08 billion billions of current united states dollars compare
- 60 Sweden 1.04 billion billions of current united states dollars compare
- 61 Denmark 1.01 billion billions of current united states dollars compare
- 62 Poland 980.00 million billions of current united states dollars compare
More energy & mining data for Finland
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -0.4241 % 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 0.0001 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 13.5% (2024)
Frequently asked questions
- What is fossil-fuel subsidies in Finland?
- Fossil-fuel subsidies in Finland was 1.06 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 Finland?
- The highest recorded value was 1.85 billion billions of current united states dollars in 2011.
- What is the lowest fossil-fuel subsidies recorded in Finland?
- The lowest recorded value was 1.06 billion billions of current united states dollars in 2024.
- How does Finland rank for fossil-fuel subsidies?
- Finland ranks 59th out of 189 countries with data for 2024.
- Is fossil-fuel subsidies rising or falling in Finland?
- Over the last ten years it is down 37.6%. The long-run trend across the full record is falling.
- Where does this Finland 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).