Fossil-fuel subsidies in Portugal

Portugal: Fossil-fuel subsidies was 3.96 billion billions of current united states dollars in 2023. ◆ Volatile

Latest (2023)
3.96 billion billions of current united states dollars
Change on year
up 29.0%
World rank
42nd
of 149 countries
All-time high
3.96 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
14
2010–2023

Fossil-fuel subsidies in Portugal, 2010–2023

01.0B2.0B3.0B4.0B2010201620232010: 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: 3.1B billions of current united states dollars2023: 4.0B 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

Portugal recorded 3.96 billion billions of current united states dollars for fossil-fuel subsidies in 2023. That is the highest value across all 14 years on record.

Compared with earlier readings it is up 29.0% on the previous year and up 1,785.7% over ten years.

Over the whole period, fossil-fuel subsidies in Portugal peaked at 3.96 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 42nd of 149 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.

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 2.12 billion billions of current united states dollars 680.00 million billions of current united states dollars 3.96 billion billions of current united states dollars 4

Countries ranked near Portugal

  1. 39 Brazil 4.48 billion billions of current united states dollars compare
  2. 40 South Africa 4.27 billion billions of current united states dollars compare
  3. 41 Ethiopia 4.14 billion billions of current united states dollars compare
  4. 43 Sudan 3.81 billion billions of current united states dollars compare
  5. 44 Tunisia 3.66 billion billions of current united states dollars compare
  6. 45 Czechia 3.60 billion billions of current united states dollars compare
  7. 45 Vietnam 3.60 billion billions of current united states dollars compare

See the full ranking of 149 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 3.96 billion billions of current united states dollars in 2023, according to United Nations Environment Programme – processed by Our World in Data.
What is the highest fossil-fuel subsidies recorded in Portugal?
The highest recorded value was 3.96 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 42nd out of 149 countries with data for 2023.
Is fossil-fuel subsidies rising or falling in Portugal?
Over the last ten years it is up 1,785.7%. 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 – 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 — 14 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)