Fossil-fuel subsidies in Latvia

Latvia: Fossil-fuel subsidies was 370.00 million billions of current united states dollars in 2023. ▲ Rising

Latest (2023)
370.00 million billions of current united states dollars
Change on year
down 2.6%
World rank
84th
of 149 countries
All-time high
380.00 million billions of current united states dollars
in 2022
All-time low
200.00 million billions of current united states dollars
in 2010
Years of data
14
2010–2023

Fossil-fuel subsidies in Latvia, 2010–2023

0100.0M200.0M300.0M400.0M2010201620232010: 200.0M billions of current united states dollars2011: 230.0M billions of current united states dollars2012: 310.0M billions of current united states dollars2013: 350.0M billions of current united states dollars2014: 340.0M billions of current united states dollars2015: 270.0M billions of current united states dollars2016: 280.0M billions of current united states dollars2017: 290.0M billions of current united states dollars2018: 250.0M billions of current united states dollars2019: 250.0M billions of current united states dollars2020: 200.0M billions of current united states dollars2021: 220.0M billions of current united states dollars2022: 380.0M billions of current united states dollars2023: 370.0M 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 Latvia is 370.00 million billions of current united states dollars, measured in 2023.

That represents a change of down 2.6% on the previous year and up 5.7% over ten years.

Over the whole period, fossil-fuel subsidies in Latvia peaked at 380.00 million billions of current united states dollars in 2022 and was at its lowest, 200.00 million billions of current united states dollars, in 2010.

That places Latvia 84th out of 149 countries with data for 2023, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2010s 277.00 million billions of current united states dollars 200.00 million billions of current united states dollars 350.00 million billions of current united states dollars 10
2020s 292.50 million billions of current united states dollars 200.00 million billions of current united states dollars 380.00 million billions of current united states dollars 4

Countries ranked near Latvia

  1. 82 Brunei 380.00 million billions of current united states dollars compare
  2. 82 Moldova 380.00 million billions of current united states dollars compare
  3. 85 Niger 360.00 million billions of current united states dollars compare
  4. 85 North Macedonia 360.00 million billions of current united states dollars compare
  5. 87 Honduras 330.00 million billions of current united states dollars compare

See the full ranking of 149 places →

More energy & mining data for Latvia

All data for Latvia →

Frequently asked questions

What is fossil-fuel subsidies in Latvia?
Fossil-fuel subsidies in Latvia was 370.00 million 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 Latvia?
The highest recorded value was 380.00 million billions of current united states dollars in 2022.
What is the lowest fossil-fuel subsidies recorded in Latvia?
The lowest recorded value was 200.00 million billions of current united states dollars in 2010.
How does Latvia rank for fossil-fuel subsidies?
Latvia ranks 84th out of 149 countries with data for 2023.
Is fossil-fuel subsidies rising or falling in Latvia?
Over the last ten years it is up 5.7%. The long-run trend across the full record is rising.
Where does this Latvia 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.

Download this data

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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)