Fossil-fuel subsidies in India
India: Fossil-fuel subsidies was 61.33 billion billions of current united states dollars in 2023. ▲ Rising
Fossil-fuel subsidies in India, 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 India is 61.33 billion billions of current united states dollars, measured in 2023. That is the highest value across all 14 years on record.
The figure is up 11.2% on the previous year and up 16.5% over ten years.
Over the whole period, fossil-fuel subsidies in India peaked at 61.33 billion billions of current united states dollars in 2023 and was at its lowest, 22.86 billion billions of current united states dollars, in 2010.
India ranks 5th of 149 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 35.40 billion billions of current united states dollars | 22.86 billion billions of current united states dollars | 52.66 billion billions of current united states dollars | 10 |
| 2020s | 44.55 billion billions of current united states dollars | 25.54 billion billions of current united states dollars | 61.33 billion billions of current united states dollars | 4 |
Countries ranked near India
- 2 Iran 81.82 billion billions of current united states dollars compare
- 3 China 76.61 billion billions of current united states dollars compare
- 4 Japan 70.31 billion billions of current united states dollars compare
- 6 Saudi Arabia 59.29 billion billions of current united states dollars compare
- 7 Netherlands 42.02 billion billions of current united states dollars compare
- 8 France 38.31 billion billions of current united states dollars compare
More energy & mining data for India
- Fuel imports 31.5% (2024)
- Ores and metals imports 6.9% (2024)
- Ores and metals exports 3.7% (2024)
- Gas production 311.65 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 212.9 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 311.65 terawatt-hours (2025)
- Gas production per person 212.9 kilowatt-hours per person (2025)
- Fuel exports 17.1% (2024)
- Electric power transmission and distribution losses 14.2% (2023)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 66.7% (2023)
Frequently asked questions
- What is fossil-fuel subsidies in India?
- Fossil-fuel subsidies in India was 61.33 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 India?
- The highest recorded value was 61.33 billion billions of current united states dollars in 2023.
- What is the lowest fossil-fuel subsidies recorded in India?
- The lowest recorded value was 22.86 billion billions of current united states dollars in 2010.
- How does India rank for fossil-fuel subsidies?
- India ranks 5th out of 149 countries with data for 2023.
- Is fossil-fuel subsidies rising or falling in India?
- Over the last ten years it is up 16.5%. The long-run trend across the full record is rising.
- Where does this India 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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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)