Global Rankings: Fossil Fuel Subsidies $ (2024)

Rank Country Value
1 Colombia 346.34 trillion
2 Paraguay 19.31 trillion
3 Tanzania, United Republic of 18.16 trillion
4 Mongolia 10.27 trillion
5 Türkiye 6.55 trillion
6 United States 4.57 trillion
7 Angola 3.50 trillion
8 Brazil 2.42 trillion
9 Ukraine 1.74 trillion
10 Thailand 1.46 trillion
11 Armenia 1.14 trillion
12 Uruguay 657.42 billion
13 United Kingdom 551.88 billion
14 Canada 434.98 billion
15 Dominican Republic 302.22 billion
16 Ethiopia 222.79 billion
17 Kyrgyzstan 144.56 billion
18 Saudi Arabia 139.62 billion
19 Mauritius 84.89 billion
20 Mozambique 34.77 billion
21 Singapore 27.56 billion
22 United Arab Emirates 19.23 billion
23 Georgia 12.86 billion
24 Botswana 10.66 billion
25 Bosnia and Herzegovina 9.84 billion
26 Lesotho 5.20 billion
27 El Salvador 2.00 billion
28 Somalia 312.53 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.

Data source: World Bank Development Indicators