Fossil-fuel subsidies in Kuwait

Kuwait: Fossil-fuel subsidies was 7.98 billion billions of current united states dollars in 2024. ▲ Rising

Latest (2024)
7.98 billion billions of current united states dollars
Change on year
down 11.8%
World rank
25th
of 189 countries
All-time high
20.70 billion billions of current united states dollars
in 2022
All-time low
2.70 billion billions of current united states dollars
in 2020
Years of data
15
2010–2024

Fossil-fuel subsidies in Kuwait, 2010–2024

5.0B10.0B15.0B20.0B2010201720242010: 7.1B billions of current united states dollars2011: 8.7B billions of current united states dollars2012: 9.0B billions of current united states dollars2013: 9.5B billions of current united states dollars2014: 8.9B billions of current united states dollars2015: 6.0B billions of current united states dollars2016: 5.0B billions of current united states dollars2017: 5.4B billions of current united states dollars2018: 6.6B billions of current united states dollars2019: 4.9B billions of current united states dollars2020: 2.7B billions of current united states dollars2021: 8.6B billions of current united states dollars2022: 20.7B billions of current united states dollars2023: 9.1B billions of current united states dollars2024: 8.0B billions of current united states dollars

Source: United Nations Environment Programme – with minor processing by Our World in Data. Measured in billions of current united states dollars.

Analysis

The most recent figure for fossil-fuel subsidies in Kuwait is 7.98 billion billions of current united states dollars, measured in 2024.

Compared with earlier readings it is down 11.8% on the previous year and down 10.1% over ten years.

Over the whole period, fossil-fuel subsidies in Kuwait peaked at 20.70 billion billions of current united states dollars in 2022 and was at its lowest, 2.70 billion billions of current united states dollars, in 2020.

That places Kuwait 25th out of 189 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 15 years of available data.

Fossil-fuel subsidies in Kuwait, year by year

Annual values for Fossil-fuel subsidies in Kuwait, 2010 to 2024.
Year billions of current united states dollars Change
2010 7.10 billion billions of current united states dollars
2011 8.73 billion billions of current united states dollars +23.0%
2012 8.96 billion billions of current united states dollars +2.6%
2013 9.54 billion billions of current united states dollars +6.5%
2014 8.88 billion billions of current united states dollars -6.9%
2015 6.05 billion billions of current united states dollars -31.9%
2016 5.05 billion billions of current united states dollars -16.5%
2017 5.39 billion billions of current united states dollars +6.7%
2018 6.59 billion billions of current united states dollars +22.3%
2019 4.90 billion billions of current united states dollars -25.6%
2020 2.70 billion billions of current united states dollars -44.9%
2021 8.57 billion billions of current united states dollars +217.4%
2022 20.70 billion billions of current united states dollars +141.5%
2023 9.05 billion billions of current united states dollars -56.3%
2024 7.98 billion billions of current united states dollars -11.8%

Kuwait compared with similar countries

  • Kuwait's 7.98 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, 8.4× the median. (64 countries reporting)
  • Kuwait's 7.98 billion billions of current united states dollars is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.25 billion billions of current united states dollars, 6.4× the median. (22 countries reporting)

Biggest year-on-year movements

Years where Fossil-fuel subsidies in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +217.4% 2.70 billion billions of current united states dollars 8.57 billion billions of current united states dollars

Averages by decade

DecadeAverage LowestHighest Years
2010s 7.12 billion billions of current united states dollars 4.90 billion billions of current united states dollars 9.54 billion billions of current united states dollars 10
2020s 9.80 billion billions of current united states dollars 2.70 billion billions of current united states dollars 20.70 billion billions of current united states dollars 5

Countries ranked near Kuwait

  1. 22 France 8.92 billion billions of current united states dollars compare
  2. 23 Malaysia 8.28 billion billions of current united states dollars compare
  3. 24 Australia 8.17 billion billions of current united states dollars compare
  4. 26 Turkmenistan 7.75 billion billions of current united states dollars compare
  5. 27 South Africa 7.70 billion billions of current united states dollars compare
  6. 28 Venezuela 7.52 billion billions of current united states dollars compare

See the full ranking of 189 places →

More energy & mining data for Kuwait

All data for Kuwait →

Frequently asked questions

What is fossil-fuel subsidies in Kuwait?
Fossil-fuel subsidies in Kuwait was 7.98 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 Kuwait?
The highest recorded value was 20.70 billion billions of current united states dollars in 2022.
What is the lowest fossil-fuel subsidies recorded in Kuwait?
The lowest recorded value was 2.70 billion billions of current united states dollars in 2020.
How does Kuwait rank for fossil-fuel subsidies?
Kuwait ranks 25th out of 189 countries with data for 2024.
Is fossil-fuel subsidies rising or falling in Kuwait?
Over the last ten years it is down 10.1%. The long-run trend across the full record is rising.
Where does this Kuwait 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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Fossil-fuel subsidies in Kuwait. Statizoid, drawing on United Nations Environment Programme – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies/kuwait/

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About this data

Indicator
Fossil-fuel subsidies
Unit
billions of current united states dollars
Source
United Nations Environment Programme – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
189 places, 2,644 data points, 2010–2024
Last refreshed

Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars).