Fossil-fuel subsidies in Mexico
Mexico: Fossil-fuel subsidies was 12.65 billion billions of current united states dollars in 2024. ▲ Rising
Latest (2024)
12.65 billion billions of current united states dollars
Change on year
down 23.0%
World rank
14th
of 189 countries
All-time high
33.56 billion billions of current united states dollars
in 2022
All-time low
9.61 billion billions of current united states dollars
in 2014
Years of data
15
2010–2024
Fossil-fuel subsidies in Mexico, 2010–2024
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 Mexico is 12.65 billion billions of current united states dollars, measured in 2024.
That represents a change of down 23.0% on the previous year and up 31.6% over ten years.
Over the whole period, fossil-fuel subsidies in Mexico peaked at 33.56 billion billions of current united states dollars in 2022 and was at its lowest, 9.61 billion billions of current united states dollars, in 2014.
Mexico ranks 14th of 189 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 15 years of available data.
Fossil-fuel subsidies in Mexico, year by year
| Year | billions of current united states dollars | Change |
|---|---|---|
| 2010 | 14.89 billion billions of current united states dollars | — |
| 2011 | 24.44 billion billions of current united states dollars | +64.1% |
| 2012 | 26.17 billion billions of current united states dollars | +7.1% |
| 2013 | 16.81 billion billions of current united states dollars | -35.8% |
| 2014 | 9.61 billion billions of current united states dollars | -42.8% |
| 2015 | 11.99 billion billions of current united states dollars | +24.8% |
| 2016 | 26.80 billion billions of current united states dollars | +123.5% |
| 2017 | 14.32 billion billions of current united states dollars | -46.6% |
| 2018 | 17.51 billion billions of current united states dollars | +22.3% |
| 2019 | 18.34 billion billions of current united states dollars | +4.7% |
| 2020 | 11.01 billion billions of current united states dollars | -40.0% |
| 2021 | 26.36 billion billions of current united states dollars | +139.4% |
| 2022 | 33.56 billion billions of current united states dollars | +27.3% |
| 2023 | 16.42 billion billions of current united states dollars | -51.1% |
| 2024 | 12.65 billion billions of current united states dollars | -23.0% |
Mexico compared with similar countries
- Mexico's 12.65 billion billions of current united states dollars is above the median for upper middle income countries, which is 35.00 million billions of current united states dollars, 361.4× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18.09 billion billions of current united states dollars | 9.61 billion billions of current united states dollars | 26.80 billion billions of current united states dollars | 10 |
| 2020s | 20.00 billion billions of current united states dollars | 11.01 billion billions of current united states dollars | 33.56 billion billions of current united states dollars | 5 |
Countries ranked near Mexico
- 11 Italy 19.51 billion billions of current united states dollars compare
- 12 Iraq 14.72 billion billions of current united states dollars compare
- 12 United Arab Emirates 14.72 billion billions of current united states dollars compare
- 15 United Kingdom 12.63 billion billions of current united states dollars compare
- 16 Germany 11.87 billion billions of current united states dollars compare
- 17 Brazil 11.67 billion billions of current united states dollars compare
More energy & mining data for Mexico
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -0.685 % 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 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2025)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 5.4% (2025)
Frequently asked questions
- What is fossil-fuel subsidies in Mexico?
- Fossil-fuel subsidies in Mexico was 12.65 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 Mexico?
- The highest recorded value was 33.56 billion billions of current united states dollars in 2022.
- What is the lowest fossil-fuel subsidies recorded in Mexico?
- The lowest recorded value was 9.61 billion billions of current united states dollars in 2014.
- How does Mexico rank for fossil-fuel subsidies?
- Mexico ranks 14th out of 189 countries with data for 2024.
- Is fossil-fuel subsidies rising or falling in Mexico?
- Over the last ten years it is up 31.6%. The long-run trend across the full record is rising.
- Where does this Mexico 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).