Fossil-fuel subsidies in Thailand

Thailand: Fossil-fuel subsidies was 1.44 billion billions of current united states dollars in 2023. ◆ Volatile

Latest (2023)
1.44 billion billions of current united states dollars
Change on year
down 87.4%
World rank
60th
of 149 countries
All-time high
11.40 billion billions of current united states dollars
in 2022
All-time low
540.00 million billions of current united states dollars
in 2019
Years of data
14
2010–2023

Fossil-fuel subsidies in Thailand, 2010–2023

02.5B5.0B7.5B10.0B12.5B2010201620232010: 5.0B billions of current united states dollars2011: 6.4B billions of current united states dollars2012: 7.7B billions of current united states dollars2013: 3.1B billions of current united states dollars2014: 2.0B billions of current united states dollars2015: 780.0M billions of current united states dollars2016: 580.0M billions of current united states dollars2017: 910.0M billions of current united states dollars2018: 960.0M billions of current united states dollars2019: 540.0M billions of current united states dollars2020: 560.0M billions of current united states dollars2021: 1.7B billions of current united states dollars2022: 11.4B billions of current united states dollars2023: 1.4B 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

Thailand recorded 1.44 billion billions of current united states dollars for fossil-fuel subsidies in 2023.

That represents a change of down 87.4% on the previous year and down 52.9% over ten years.

Over the whole period, fossil-fuel subsidies in Thailand peaked at 11.40 billion billions of current united states dollars in 2022 and was at its lowest, 540.00 million billions of current united states dollars, in 2019.

That places Thailand 60th out of 149 countries with data for 2023, putting it 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 2.79 billion billions of current united states dollars 540.00 million billions of current united states dollars 7.66 billion billions of current united states dollars 10
2020s 3.78 billion billions of current united states dollars 560.00 million billions of current united states dollars 11.40 billion billions of current united states dollars 4

Countries ranked near Thailand

  1. 57 Israel 1.67 billion billions of current united states dollars compare
  2. 57 Syria 1.67 billion billions of current united states dollars compare
  3. 59 Morocco 1.48 billion billions of current united states dollars compare
  4. 61 Bolivia 1.38 billion billions of current united states dollars compare
  5. 61 Romania 1.38 billion billions of current united states dollars compare
  6. 63 Kyrgyzstan 1.22 billion billions of current united states dollars compare

See the full ranking of 149 places →

More energy & mining data for Thailand

All data for Thailand →

Frequently asked questions

What is fossil-fuel subsidies in Thailand?
Fossil-fuel subsidies in Thailand was 1.44 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 Thailand?
The highest recorded value was 11.40 billion billions of current united states dollars in 2022.
What is the lowest fossil-fuel subsidies recorded in Thailand?
The lowest recorded value was 540.00 million billions of current united states dollars in 2019.
How does Thailand rank for fossil-fuel subsidies?
Thailand ranks 60th out of 149 countries with data for 2023.
Is fossil-fuel subsidies rising or falling in Thailand?
Over the last ten years it is down 52.9%. The long-run trend across the full record is volatile.
Where does this Thailand 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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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)