Fossil-fuel subsidies in Sweden
Sweden: Fossil-fuel subsidies was 1.04 billion billions of current united states dollars in 2024. ▼ Falling
Latest (2024)
1.04 billion billions of current united states dollars
Change on year
down 37.0%
World rank
60th
of 189 countries
All-time high
3.39 billion billions of current united states dollars
in 2010
All-time low
1.04 billion billions of current united states dollars
in 2024
Years of data
15
2010–2024
Fossil-fuel subsidies in Sweden, 2010–2024
Source: United Nations Environment Programme – with minor processing by Our World in Data. Measured in billions of current united states dollars.
Analysis
Sweden recorded 1.04 billion billions of current united states dollars for fossil-fuel subsidies in 2024. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 37.0% on the previous year and down 44.4% over ten years.
Over the whole period, fossil-fuel subsidies in Sweden peaked at 3.39 billion billions of current united states dollars in 2010 and was at its lowest, 1.04 billion billions of current united states dollars, in 2024.
Sweden ranks 60th of 189 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Fossil-fuel subsidies in Sweden, year by year
| Year | billions of current united states dollars | Change |
|---|---|---|
| 2010 | 3.39 billion billions of current united states dollars | — |
| 2011 | 2.94 billion billions of current united states dollars | -13.3% |
| 2012 | 2.30 billion billions of current united states dollars | -21.8% |
| 2013 | 1.93 billion billions of current united states dollars | -16.1% |
| 2014 | 1.87 billion billions of current united states dollars | -3.1% |
| 2015 | 1.44 billion billions of current united states dollars | -23.0% |
| 2016 | 1.43 billion billions of current united states dollars | -0.7% |
| 2017 | 1.42 billion billions of current united states dollars | -0.7% |
| 2018 | 1.31 billion billions of current united states dollars | -7.7% |
| 2019 | 1.70 billion billions of current united states dollars | +29.8% |
| 2020 | 1.67 billion billions of current united states dollars | -1.8% |
| 2021 | 1.89 billion billions of current united states dollars | +13.2% |
| 2022 | 1.67 billion billions of current united states dollars | -11.6% |
| 2023 | 1.65 billion billions of current united states dollars | -1.2% |
| 2024 | 1.04 billion billions of current united states dollars | -37.0% |
Sweden compared with similar countries
- Sweden's 1.04 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, 1.1× the median. (64 countries reporting)
- Sweden's 1.04 billion billions of current united states dollars is below the median for Europe & Central Asia, which is 1.05 billion billions of current united states dollars, 99% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.97 billion billions of current united states dollars | 1.31 billion billions of current united states dollars | 3.39 billion billions of current united states dollars | 10 |
| 2020s | 1.58 billion billions of current united states dollars | 1.04 billion billions of current united states dollars | 1.89 billion billions of current united states dollars | 5 |
Countries ranked near Sweden
- 57 Hungary 1.13 billion billions of current united states dollars compare
- 58 Bolivia 1.08 billion billions of current united states dollars compare
- 59 Finland 1.06 billion billions of current united states dollars compare
- 61 Denmark 1.01 billion billions of current united states dollars compare
- 62 Poland 980.00 million billions of current united states dollars compare
- 63 Slovakia 930.00 million billions of current united states dollars compare
More energy & mining data for Sweden
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -1.95 % 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 10.3% (2024)
Frequently asked questions
- What is fossil-fuel subsidies in Sweden?
- Fossil-fuel subsidies in Sweden was 1.04 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 Sweden?
- The highest recorded value was 3.39 billion billions of current united states dollars in 2010.
- What is the lowest fossil-fuel subsidies recorded in Sweden?
- The lowest recorded value was 1.04 billion billions of current united states dollars in 2024.
- How does Sweden rank for fossil-fuel subsidies?
- Sweden ranks 60th out of 189 countries with data for 2024.
- Is fossil-fuel subsidies rising or falling in Sweden?
- Over the last ten years it is down 44.4%. The long-run trend across the full record is falling.
- Where does this Sweden 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).