Fossil-fuel subsidies in Italy

Italy: Fossil-fuel subsidies was 35.28 billion billions of current united states dollars in 2023. ◆ Volatile

Latest (2023)
35.28 billion billions of current united states dollars
Change on year
down 34.7%
World rank
10th
of 149 countries
All-time high
54.04 billion billions of current united states dollars
in 2022
All-time low
9.75 billion billions of current united states dollars
in 2016
Years of data
14
2010–2023

Fossil-fuel subsidies in Italy, 2010–2023

10.0B20.0B30.0B40.0B50.0B2010201620232010: 11.1B billions of current united states dollars2011: 11.3B billions of current united states dollars2012: 12.7B billions of current united states dollars2013: 13.6B billions of current united states dollars2014: 13.0B billions of current united states dollars2015: 10.0B billions of current united states dollars2016: 9.8B billions of current united states dollars2017: 10.0B billions of current united states dollars2018: 11.4B billions of current united states dollars2019: 11.4B billions of current united states dollars2020: 11.0B billions of current united states dollars2021: 17.4B billions of current united states dollars2022: 54.0B billions of current united states dollars2023: 35.3B 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

The most recent figure for fossil-fuel subsidies in Italy is 35.28 billion billions of current united states dollars, measured in 2023.

Compared with earlier readings it is down 34.7% on the previous year and up 159.4% over ten years.

Over the whole period, fossil-fuel subsidies in Italy peaked at 54.04 billion billions of current united states dollars in 2022 and was at its lowest, 9.75 billion billions of current united states dollars, in 2016.

Italy ranks 10th of 149 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2010s 11.43 billion billions of current united states dollars 9.75 billion billions of current united states dollars 13.60 billion billions of current united states dollars 10
2020s 29.42 billion billions of current united states dollars 10.99 billion billions of current united states dollars 54.04 billion billions of current united states dollars 4

Countries ranked near Italy

  1. 7 Netherlands 42.02 billion billions of current united states dollars compare
  2. 8 France 38.31 billion billions of current united states dollars compare
  3. 9 Indonesia 35.41 billion billions of current united states dollars compare
  4. 11 Egypt 28.98 billion billions of current united states dollars compare
  5. 12 Algeria 26.60 billion billions of current united states dollars compare
  6. 13 United States 17.83 billion billions of current united states dollars compare

See the full ranking of 149 places →

More energy & mining data for Italy

All data for Italy →

Frequently asked questions

What is fossil-fuel subsidies in Italy?
Fossil-fuel subsidies in Italy was 35.28 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 Italy?
The highest recorded value was 54.04 billion billions of current united states dollars in 2022.
What is the lowest fossil-fuel subsidies recorded in Italy?
The lowest recorded value was 9.75 billion billions of current united states dollars in 2016.
How does Italy rank for fossil-fuel subsidies?
Italy ranks 10th out of 149 countries with data for 2023.
Is fossil-fuel subsidies rising or falling in Italy?
Over the last ten years it is up 159.4%. The long-run trend across the full record is volatile.
Where does this Italy 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

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)