Fossil-fuel subsidies in Vietnam
Vietnam: Fossil-fuel subsidies was 3.60 billion billions of current united states dollars in 2023. ◆ Volatile
Fossil-fuel subsidies in Vietnam, 2010–2023
Source: United Nations Environment Programme – processed by Our World in Data. Measured in billions of current united states dollars.
Analysis
Vietnam recorded 3.60 billion billions of current united states dollars for fossil-fuel subsidies in 2023.
The figure is down 88.8% on the previous year and up 106.9% over ten years.
Over the whole period, fossil-fuel subsidies in Vietnam peaked at 32.06 billion billions of current united states dollars in 2022 and was at its lowest, 80.00 million billions of current united states dollars, in 2015.
Vietnam ranks 45th 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.58 billion billions of current united states dollars | 80.00 million billions of current united states dollars | 4.96 billion billions of current united states dollars | 10 |
| 2020s | 10.28 billion billions of current united states dollars | 530.00 million billions of current united states dollars | 32.06 billion billions of current united states dollars | 4 |
Countries ranked near Vietnam
- 42 Portugal 3.96 billion billions of current united states dollars compare
- 43 Sudan 3.81 billion billions of current united states dollars compare
- 44 Tunisia 3.66 billion billions of current united states dollars compare
- 45 Czechia 3.60 billion billions of current united states dollars compare
- 47 Canada 3.41 billion billions of current united states dollars compare
- 48 Belgium 3.28 billion billions of current united states dollars compare
More energy & mining data for Vietnam
- Fuel imports 7.9% (2023)
- Ores and metals imports 3.8% (2023)
- Ores and metals exports 1.1% (2023)
- Gas production 57.84 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 569.29 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 57.84 terawatt-hours (2025)
- Gas production per person 569.29 kilowatt-hours per person (2025)
- Fuel exports 1.0% (2023)
- Electric power transmission and distribution losses 6.6% (2023)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 65.2% (2023)
Frequently asked questions
- What is fossil-fuel subsidies in Vietnam?
- Fossil-fuel subsidies in Vietnam was 3.60 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 Vietnam?
- The highest recorded value was 32.06 billion billions of current united states dollars in 2022.
- What is the lowest fossil-fuel subsidies recorded in Vietnam?
- The lowest recorded value was 80.00 million billions of current united states dollars in 2015.
- How does Vietnam rank for fossil-fuel subsidies?
- Vietnam ranks 45th out of 149 countries with data for 2023.
- Is fossil-fuel subsidies rising or falling in Vietnam?
- Over the last ten years it is up 106.9%. The long-run trend across the full record is volatile.
- Where does this Vietnam 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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About this data
Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars)