Fossil-fuel subsidies in Portugal

Portugal: Fossil-fuel subsidies was 2.21 billion billions of current united states dollars in 2024. ◆ Volatile

Latest (2024)
2.21 billion billions of current united states dollars
Change on year
down 50.4%
World rank
45th
of 189 countries
All-time high
4.46 billion billions of current united states dollars
in 2023
All-time low
170.00 million billions of current united states dollars
in 2012
Years of data
15
2010–2024

Fossil-fuel subsidies in Portugal, 2010–2024

01.0B2.0B3.0B4.0B2010201720242010: 230.0M billions of current united states dollars2011: 510.0M billions of current united states dollars2012: 170.0M billions of current united states dollars2013: 210.0M billions of current united states dollars2014: 220.0M billions of current united states dollars2015: 270.0M billions of current united states dollars2016: 320.0M billions of current united states dollars2017: 510.0M billions of current united states dollars2018: 510.0M billions of current united states dollars2019: 590.0M billions of current united states dollars2020: 680.0M billions of current united states dollars2021: 770.0M billions of current united states dollars2022: 3.2B billions of current united states dollars2023: 4.5B billions of current united states dollars2024: 2.2B billions of current united states dollars

Source: United Nations Environment Programme – with minor processing by Our World in Data. Measured in billions of current united states dollars.

Analysis

Portugal recorded 2.21 billion billions of current united states dollars for fossil-fuel subsidies in 2024.

Compared with earlier readings it is down 50.4% on the previous year and up 904.5% over ten years.

Over the whole period, fossil-fuel subsidies in Portugal peaked at 4.46 billion billions of current united states dollars in 2023 and was at its lowest, 170.00 million billions of current united states dollars, in 2012.

Portugal ranks 45th of 189 countries on this measure, in the top quarter.

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

Fossil-fuel subsidies in Portugal, year by year

Annual values for Fossil-fuel subsidies in Portugal, 2010 to 2024.
Year billions of current united states dollars Change
2010 230.00 million billions of current united states dollars
2011 510.00 million billions of current united states dollars +121.7%
2012 170.00 million billions of current united states dollars -66.7%
2013 210.00 million billions of current united states dollars +23.5%
2014 220.00 million billions of current united states dollars +4.8%
2015 270.00 million billions of current united states dollars +22.7%
2016 320.00 million billions of current united states dollars +18.5%
2017 510.00 million billions of current united states dollars +59.4%
2018 510.00 million billions of current united states dollars +0.0%
2019 590.00 million billions of current united states dollars +15.7%
2020 680.00 million billions of current united states dollars +15.3%
2021 770.00 million billions of current united states dollars +13.2%
2022 3.16 billion billions of current united states dollars +310.4%
2023 4.46 billion billions of current united states dollars +41.1%
2024 2.21 billion billions of current united states dollars -50.4%

Portugal compared with similar countries

  • Portugal's 2.21 billion billions of current united states dollars is above the median for high income countries, which is 955.00 million billions of current united states dollars, 2.3× the median. (64 countries reporting)
  • Portugal's 2.21 billion billions of current united states dollars is above the median for Europe & Central Asia, which is 1.05 billion billions of current united states dollars, 2.1× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Fossil-fuel subsidies in Portugal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2022 +310.4% 770.00 million billions of current united states dollars 3.16 billion billions of current united states dollars

Averages by decade

DecadeAverage LowestHighest Years
2010s 354.00 million billions of current united states dollars 170.00 million billions of current united states dollars 590.00 million billions of current united states dollars 10
2020s 2.26 billion billions of current united states dollars 680.00 million billions of current united states dollars 4.46 billion billions of current united states dollars 5

Countries ranked near Portugal

  1. 42 Switzerland 2.83 billion billions of current united states dollars compare
  2. 43 Belgium 2.53 billion billions of current united states dollars compare
  3. 44 Austria 2.39 billion billions of current united states dollars compare
  4. 46 United States 2.20 billion billions of current united states dollars compare
  5. 47 Turkey 2.17 billion billions of current united states dollars compare
  6. 48 Czechia 2.08 billion billions of current united states dollars compare

See the full ranking of 189 places →

More energy & mining data for Portugal

All data for Portugal →

Frequently asked questions

What is fossil-fuel subsidies in Portugal?
Fossil-fuel subsidies in Portugal was 2.21 billion 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 Portugal?
The highest recorded value was 4.46 billion billions of current united states dollars in 2023.
What is the lowest fossil-fuel subsidies recorded in Portugal?
The lowest recorded value was 170.00 million billions of current united states dollars in 2012.
How does Portugal rank for fossil-fuel subsidies?
Portugal ranks 45th out of 189 countries with data for 2024.
Is fossil-fuel subsidies rising or falling in Portugal?
Over the last ten years it is up 904.5%. The long-run trend across the full record is volatile.
Where does this Portugal 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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Fossil-fuel subsidies in Portugal. Statizoid, drawing on United Nations Environment Programme – with minor processing by Our World in Data. Retrieved 24 September 2026, from https://energy.statizoid.com/stat/fossil-fuel-subsidies/portugal/

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About this data

Indicator
Fossil-fuel subsidies
Unit
billions of current united states dollars
Source
United Nations Environment Programme – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
189 places, 2,644 data points, 2010–2024
Last refreshed

Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars).