Fossil-fuel subsidies in Philippines

Philippines: Fossil-fuel subsidies was 1.18 billion billions of current united states dollars in 2022. ◆ Volatile

Latest (2022)
1.18 billion billions of current united states dollars
Change on year
up 103.4%
World rank
65th
of 149 countries
All-time high
1.18 billion billions of current united states dollars
in 2022
All-time low
-1.58 billion billions of current united states dollars
in 2015
Years of data
8
2015–2022

Fossil-fuel subsidies in Philippines, 2015–2022

-2.0B-1.0B01.0B2015201820222015: -1.6B billions of current united states dollars2016: 0 billions of current united states dollars2017: 1.1B billions of current united states dollars2018: 100.0M billions of current united states dollars2019: 40.0M billions of current united states dollars2020: 890.0M billions of current united states dollars2021: 580.0M billions of current united states dollars2022: 1.2B 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 Philippines is 1.18 billion billions of current united states dollars, measured in 2022. That is the highest value across all 8 years on record.

That represents a change of up 103.4% on the previous year and up 174.7% over ten years.

Philippines ranks 65th of 149 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s -60.00 million billions of current united states dollars -1.58 billion billions of current united states dollars 1.14 billion billions of current united states dollars 5
2020s 883.33 million billions of current united states dollars 580.00 million billions of current united states dollars 1.18 billion billions of current united states dollars 3

Countries ranked near Philippines

  1. 63 Kyrgyzstan 1.22 billion billions of current united states dollars compare
  2. 64 Finland 1.21 billion billions of current united states dollars compare
  3. 66 Poland 1.15 billion billions of current united states dollars compare
  4. 67 Tajikistan 940.00 million billions of current united states dollars compare
  5. 68 Slovakia 930.00 million billions of current united states dollars compare

See the full ranking of 149 places →

More energy & mining data for Philippines

All data for Philippines →

Frequently asked questions

What is fossil-fuel subsidies in Philippines?
Fossil-fuel subsidies in Philippines was 1.18 billion 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 Philippines?
The highest recorded value was 1.18 billion billions of current united states dollars in 2022.
What is the lowest fossil-fuel subsidies recorded in Philippines?
The lowest recorded value was -1.58 billion billions of current united states dollars in 2015.
How does Philippines rank for fossil-fuel subsidies?
Philippines ranks 65th out of 149 countries with data for 2022.
Is fossil-fuel subsidies rising or falling in Philippines?
Over the last ten years it is up 174.7%. The long-run trend across the full record is volatile.
Where does this Philippines 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.

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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)