Fossil-fuel subsidies in Panama
Panama: Fossil-fuel subsidies was 10.00 million billions of current united states dollars in 2024. ◆ Volatile
Latest (2024)
10.00 million billions of current united states dollars
Change on year
unchanged
World rank
104th
of 189 countries
All-time high
240.00 million billions of current united states dollars
in 2014
All-time low
0 billions of current united states dollars
in 2016
Years of data
15
2010–2024
Fossil-fuel subsidies in Panama, 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 Panama is 10.00 million billions of current united states dollars, measured in 2024.
Compared with earlier readings it is down 95.8% 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, 0 billions of current united states dollars, in 2016.
Panama ranks 104th of 189 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Fossil-fuel subsidies in Panama, year by year
| Year | billions of current united states dollars | Change |
|---|---|---|
| 2010 | 30.00 million billions of current united states dollars | — |
| 2011 | 190.00 million billions of current united states dollars | +533.3% |
| 2012 | 210.00 million billions of current united states dollars | +10.5% |
| 2013 | 230.00 million billions of current united states dollars | +9.5% |
| 2014 | 240.00 million billions of current united states dollars | +4.3% |
| 2015 | 10.00 million billions of current united states dollars | -95.8% |
| 2016 | 0 billions of current united states dollars | -100.0% |
| 2017 | 0 billions of current united states dollars | — |
| 2018 | 0 billions of current united states dollars | — |
| 2019 | 0 billions of current united states dollars | — |
| 2020 | 0 billions of current united states dollars | — |
| 2021 | 0 billions of current united states dollars | — |
| 2022 | 10.00 million billions of current united states dollars | — |
| 2023 | 10.00 million billions of current united states dollars | +0.0% |
| 2024 | 10.00 million billions of current united states dollars | +0.0% |
Panama compared with similar countries
- Panama's 10.00 million billions of current united states dollars is below the median for high income countries, which is 955.00 million billions of current united states dollars, 1% of the median. (64 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 91.00 million billions of current united states dollars | 0 billions of current united states dollars | 240.00 million billions of current united states dollars | 10 |
| 2020s | 6.00 million billions of current united states dollars | 0 billions of current united states dollars | 10.00 million billions of current united states dollars | 5 |
Countries ranked near Panama
- 104 Armenia 10.00 million billions of current united states dollars compare
- 104 Bosnia and Herzegovina 10.00 million billions of current united states dollars compare
- 104 Botswana 10.00 million billions of current united states dollars compare
- 104 Cameroon 10.00 million billions of current united states dollars compare
- 104 Chad 10.00 million billions of current united states dollars compare
- 104 Congo 10.00 million billions of current united states dollars compare
- 104 Ethiopia 10.00 million billions of current united states dollars compare
- 104 Gabon 10.00 million billions of current united states dollars compare
- 104 Georgia 10.00 million billions of current united states dollars compare
- 104 Madagascar 10.00 million billions of current united states dollars compare
- 104 Maldives 10.00 million billions of current united states dollars compare
- 104 Zambia 10.00 million billions of current united states dollars compare
- 104 Cambodia 10.00 million billions of current united states dollars compare
- 104 Hong Kong 10.00 million billions of current united states dollars compare
- 104 Malta 10.00 million billions of current united states dollars compare
- 104 Somalia 10.00 million billions of current united states dollars compare
More energy & mining data for Panama
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 0.1439 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 20.0% (2024)
Frequently asked questions
- What is fossil-fuel subsidies in Panama?
- Fossil-fuel subsidies in Panama was 10.00 million 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 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 0 billions of current united states dollars in 2016.
- How does Panama rank for fossil-fuel subsidies?
- Panama ranks 104th out of 189 countries with data for 2024.
- Is fossil-fuel subsidies rising or falling in Panama?
- Over the last ten years it is down 95.8%. 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 – 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).