Fossil-fuel subsidies in Philippines
Philippines: Fossil-fuel subsidies was 70.00 million billions of current united states dollars in 2024. ◆ Volatile
Latest (2024)
70.00 million billions of current united states dollars
Change on year
unchanged
World rank
82nd
of 189 countries
All-time high
70.00 million billions of current united states dollars
in 2023
All-time low
0 billions of current united states dollars
in 2010
Years of data
15
2010–2024
Fossil-fuel subsidies in Philippines, 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 Philippines is 70.00 million billions of current united states dollars, measured in 2024. That is the highest value across all 15 years on record.
That represents a change of up 75.0% over five years.
Over the whole period, fossil-fuel subsidies in Philippines peaked at 70.00 million billions of current united states dollars in 2023 and was at its lowest, 0 billions of current united states dollars, in 2010.
Philippines ranks 82nd 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 Philippines, year by year
| Year | billions of current united states dollars | Change |
|---|---|---|
| 2010 | 0 billions of current united states dollars | — |
| 2011 | 0 billions of current united states dollars | — |
| 2012 | 0 billions of current united states dollars | — |
| 2013 | 0 billions of current united states dollars | — |
| 2014 | 0 billions of current united states dollars | — |
| 2015 | 30.00 million billions of current united states dollars | — |
| 2016 | 30.00 million billions of current united states dollars | +0.0% |
| 2017 | 40.00 million billions of current united states dollars | +33.3% |
| 2018 | 40.00 million billions of current united states dollars | +0.0% |
| 2019 | 40.00 million billions of current united states dollars | +0.0% |
| 2020 | 40.00 million billions of current united states dollars | +0.0% |
| 2021 | 60.00 million billions of current united states dollars | +50.0% |
| 2022 | 60.00 million billions of current united states dollars | +0.0% |
| 2023 | 70.00 million billions of current united states dollars | +16.7% |
| 2024 | 70.00 million billions of current united states dollars | +0.0% |
Philippines compared with similar countries
- Philippines's 70.00 million 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, 2.0× the median. (56 countries reporting)
- Philippines's 70.00 million billions of current united states dollars is above the median for East Asia & Pacific, which is 10.00 million billions of current united states dollars, 7.0× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18.00 million billions of current united states dollars | 0 billions of current united states dollars | 40.00 million billions of current united states dollars | 10 |
| 2020s | 60.00 million billions of current united states dollars | 40.00 million billions of current united states dollars | 70.00 million billions of current united states dollars | 5 |
Countries ranked near Philippines
- 79 New Zealand 90.00 million billions of current united states dollars compare
- 80 Bulgaria 80.00 million billions of current united states dollars compare
- 80 Myanmar 80.00 million billions of current united states dollars compare
- 83 Mongolia 60.00 million billions of current united states dollars compare
- 84 Jordan 50.00 million billions of current united states dollars compare
- 84 Mali 50.00 million billions of current united states dollars compare
- 84 Mauritius 50.00 million billions of current united states dollars compare
- 84 Zimbabwe 50.00 million billions of current united states dollars compare
More energy & mining data for Philippines
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -2.03 % 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 (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 (2025)
- Fuel imports 15.0% (2024)
Frequently asked questions
- What is fossil-fuel subsidies in Philippines?
- Fossil-fuel subsidies in Philippines was 70.00 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 Philippines?
- The highest recorded value was 70.00 million billions of current united states dollars in 2023.
- What is the lowest fossil-fuel subsidies recorded in Philippines?
- The lowest recorded value was 0 billions of current united states dollars in 2010.
- How does Philippines rank for fossil-fuel subsidies?
- Philippines ranks 82nd out of 189 countries with data for 2024.
- Where does this Philippines 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).