Fossil-fuel subsidies in Panama

Panama: Fossil-fuel subsidies was 50.00 million billions of current united states dollars in 2022. ◆ Volatile

Latest (2022)
50.00 million billions of current united states dollars
Change on year
down 16.7%
World rank
122nd
of 149 countries
All-time high
240.00 million billions of current united states dollars
in 2014
All-time low
30.00 million billions of current united states dollars
in 2010
Years of data
13
2010–2022

Fossil-fuel subsidies in Panama, 2010–2022

50.0M100.0M150.0M200.0M250.0M2010201620222010: 30.0M billions of current united states dollars2011: 190.0M billions of current united states dollars2012: 210.0M billions of current united states dollars2013: 230.0M billions of current united states dollars2014: 240.0M billions of current united states dollars2015: 100.0M billions of current united states dollars2016: 90.0M billions of current united states dollars2017: 110.0M billions of current united states dollars2018: 120.0M billions of current united states dollars2019: 150.0M billions of current united states dollars2020: 90.0M billions of current united states dollars2021: 60.0M billions of current united states dollars2022: 50.0M 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 Panama is 50.00 million billions of current united states dollars, measured in 2022.

Compared with earlier readings it is down 16.7% on the previous year and down 76.2% over ten years.

Over the whole period, fossil-fuel subsidies in Panama peaked at 240.00 million billions of current united states dollars in 2014 and was at its lowest, 30.00 million billions of current united states dollars, in 2010.

Panama ranks 122nd 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 147.00 million billions of current united states dollars 30.00 million billions of current united states dollars 240.00 million billions of current united states dollars 10
2020s 66.67 million billions of current united states dollars 50.00 million billions of current united states dollars 90.00 million billions of current united states dollars 3

Countries ranked near Panama

  1. 119 Bulgaria 80.00 million billions of current united states dollars compare
  2. 119 Guyana 80.00 million billions of current united states dollars compare
  3. 121 Kenya 70.00 million billions of current united states dollars compare
  4. 122 Burundi 50.00 million billions of current united states dollars compare
  5. 122 Djibouti 50.00 million billions of current united states dollars compare
  6. 122 Gambia 50.00 million billions of current united states dollars compare
  7. 122 Mauritius 50.00 million billions of current united states dollars compare
  8. 122 Nicaragua 50.00 million billions of current united states dollars compare

See the full ranking of 149 places →

More energy & mining data for Panama

All data for Panama →

Frequently asked questions

What is fossil-fuel subsidies in Panama?
Fossil-fuel subsidies in Panama was 50.00 million billions of current united states dollars in 2022, according to United Nations Environment Programme – processed by Our World in Data.
What is the highest fossil-fuel subsidies recorded in Panama?
The highest recorded value was 240.00 million billions of current united states dollars in 2014.
What is the lowest fossil-fuel subsidies recorded in Panama?
The lowest recorded value was 30.00 million billions of current united states dollars in 2010.
How does Panama rank for fossil-fuel subsidies?
Panama ranks 122nd out of 149 countries with data for 2022.
Is fossil-fuel subsidies rising or falling in Panama?
Over the last ten years it is down 76.2%. The long-run trend across the full record is volatile.
Where does this Panama 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

CSV · JSON — 13 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)