Fossil Fuel Subsidies $ — 2024

Top Country
Korea, Republic of
484.57 trillion $
Countries Ranked
88
World Bank data
Data Year
2024
Latest available
Source
World Bank
Open Data API

Top 20 — Fossil Fuel Subsidies

Full Rankings Table

Rank Country Value Bar
1 Korea, Republic of 484.57 trillion $
2 Colombia 346.34 trillion $
3 Lebanon 149.54 trillion $
4 Argentina 67.45 trillion $
5 Chile 26.39 trillion $
6 Paraguay 19.31 trillion $
7 Tanzania, United Republic of 18.16 trillion $
8 Hungary 14.29 trillion $
9 Mongolia 10.27 trillion $
10 Somalia 8.79 trillion $
11 Türkiye 6.55 trillion $
12 Uganda 5.44 trillion $
13 Mexico 5.00 trillion $
14 United States 4.62 trillion $
15 Angola 3.50 trillion $
16 Madagascar 2.84 trillion $
17 Brazil 2.42 trillion $
18 Czechia 2.31 trillion $
19 Costa Rica 1.98 trillion $
20 Ukraine 1.74 trillion $
21 Sweden 1.47 trillion $
22 Thailand 1.46 trillion $
23 South Africa 1.34 trillion $
24 Norway 1.27 trillion $
25 Philippines 1.16 trillion $
26 Armenia 1.14 trillion $
27 Germany 1.08 trillion $
28 Malawi 906.41 billion $
29 France 757.62 billion $
30 Burkina Faso 726.91 billion $
31 Italy 665.27 billion $
32 Uruguay 657.42 billion $
33 United Kingdom 551.88 billion $
34 Spain 441.11 billion $
35 Canada 434.96 billion $
36 Romania 382.53 billion $
37 Albania 370.22 billion $
38 Netherlands 342.98 billion $
39 Israel 326.38 billion $
40 Dominican Republic 302.22 billion $
41 North Macedonia 229.20 billion $
42 Ethiopia 222.79 billion $
43 Austria 175.11 billion $
44 Kyrgyzstan 144.56 billion $
45 Saudi Arabia 139.62 billion $
46 Malaysia 135.38 billion $
47 Belgium 133.51 billion $
48 Denmark 129.90 billion $
49 Switzerland 104.03 billion $
50 Mauritius 84.89 billion $
51 New Zealand 72.88 billion $
52 Portugal 61.98 billion $
53 Finland 58.05 billion $
54 Greece 57.89 billion $
55 Belarus 46.69 billion $
56 Nicaragua 45.51 billion $
57 Ireland 43.67 billion $
58 Guatemala 41.03 billion $
59 Guinea-Bissau 38.43 billion $
60 Mozambique 34.77 billion $
61 Namibia 33.11 billion $
62 Slovakia 28.89 billion $
63 Zambia 27.81 billion $
64 Macao 27.62 billion $
65 Singapore 27.56 billion $
66 Luxembourg 21.71 billion $
67 Lithuania 19.38 billion $
68 United Arab Emirates 19.23 billion $
69 Bulgaria 17.90 billion $
70 Azerbaijan 13.45 billion $
71 Georgia 12.86 billion $
72 Slovenia 12.75 billion $
73 Papua New Guinea 12.31 billion $
74 Bosnia and Herzegovina 9.84 billion $
75 Estonia 9.77 billion $
76 Tajikistan 8.44 billion $
77 Latvia 8.15 billion $
78 Cyprus 5.97 billion $
79 Lesotho 5.20 billion $
80 Panama 4.30 billion $
81 Malta 2.58 billion $
82 El Salvador 2.00 billion $
83 Fiji 1.41 billion $
84 Bahamas 665.50 million $
85 Andorra 534.02 million $
86 Solomon Islands 471.47 million $
87 San Marino 316.89 million $
88 Nauru 66.69 million $
About This Indicator

Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

Source: World Bank Development Indicators
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