Fossil fuel subsidies in New Zealand

New Zealand: Fossil fuel subsidies was 90.00 million in 2024. β—† Volatile

Latest (2024)
90.00 million
Change on year
down 90.8%
World rank
118th
of 149 countries
All-time high
980.00 million
in 2023
All-time low
10.00 million
in 2015
Years of data
10
2015–2024

Fossil fuel subsidies in New Zealand, 2015–2024

0200.0M400.0M600.0M800.0M1.0B2015201920242015: 10.0M2016: 10.0M2017: 60.0M2018: 100.0M2019: 100.0M2020: 100.0M2021: 100.0M2022: 280.0M2023: 980.0M2024: 90.0M

Source: Our World in Data.

Analysis

The most recent figure for fossil fuel subsidies in New Zealand is 90.00 million, measured in 2024.

That represents a change of down 90.8% on the previous year and up 800.0% over ten years.

Over the whole period, fossil fuel subsidies in New Zealand peaked at 980.00 million in 2023 and was at its lowest, 10.00 million, in 2015.

New Zealand ranks 118th of 149 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2010s 56.00 million 10.00 million 100.00 million 5
2020s 310.00 million 90.00 million 980.00 million 5

Countries ranked near New Zealand

  1. 116 Estonia 100.00 million compare
  2. 116 Namibia 100.00 million
  3. 119 Bulgaria 80.00 million compare
  4. 119 Guyana 80.00 million compare
  5. 121 Kenya 70.00 million compare

See the full ranking of 149 places β†’

More energy & mining data for New Zealand

All data for New Zealand β†’

Frequently asked questions

What is fossil fuel subsidies in New Zealand?
Fossil fuel subsidies in New Zealand was 90.00 million in 2024, according to Our World in Data.
What is the highest fossil fuel subsidies recorded in New Zealand?
The highest recorded value was 980.00 million in 2023.
What is the lowest fossil fuel subsidies recorded in New Zealand?
The lowest recorded value was 10.00 million in 2015.
How does New Zealand rank for fossil fuel subsidies?
New Zealand ranks 118th out of 149 countries with data for 2024.
Is fossil fuel subsidies rising or falling in New Zealand?
Over the last ten years it is up 800.0%. The long-run trend across the full record is volatile.
Where does this New Zealand data come from?
The figures come from Our World in Data, published as part of Fossil fuel subsidies. Statizoid updates them automatically from the source API.

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CSV Β· JSON β€” 10 observations, free to reuse under CC BY 4.0 (Our World in Data).

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Fossil fuel subsidies in New Zealand. Statizoid, drawing on Our World in Data. Retrieved 18 August 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies/new-zealand/

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About this data

Indicator
Fossil fuel subsidies
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
149 places, 1,727 data points, 2010–2024
Last refreshed