Global fossil fuel subsidies 2013-2023 by fuel type

Published by Statista Research Department, Jan 3, 2025

Government support for fossil fuels in the form of subsidies decreased significantly between 2022 and 2023, after reaching a decade-high. Nearly 343.5 billion U.S. dollars were spent on support measures for natural gas in 2023. Overall, petroleum tended to account for the largest share of such subsidies.

Subsidies for fossil fuels worldwide in select years from 2013 to 2023, by fuel type (in billion U.S. dollars)

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Release date

January 2025

Region

Worldwide

Survey time period

2013 to 2023

Supplementary notes

Data for 2023 is preliminary. Figures in constant 2023 US dollars.

Figures are based on combined estimates, covering 82 economies (OECD countries and other selected economies).

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