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)
Characteristic
Coal
Electricity
Natural gas
Petroleum
2013
24.7
151
149.3
397.2
2015
29
142.9
120.3
253
2017
32.1
152.2
91.7
252.4
2020
32.3
98.3
95.4
250.2
2022
43.5
506.4
489.6
573
2023
27.7
305.7
343.5
425.3
Created with Highcharts 7.2.2Subsidies in billion U.S. dollars24.724.7292932.132.132.332.343.543.527.727.7151151142.9142.9152.2152.298.398.3506.4506.4305.7305.7149.3149.3120.3120.391.791.795.495.4489.6489.6343.5343.5397.2397.2253253252.4252.4250.2250.2573573425.3425.3722.2722.2545.2545.2528.4528.4476.2476.21,612.51,612.51,102.21,102.2CoalElectricityNatural gasPetroleum201320152017202020222023
05001,0001,5002,000
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OECD. (January 3, 2025). Subsidies for fossil fuels worldwide in select years from 2013 to 2023, by fuel type (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 23, 2025, from https://www.statista.com/statistics/484759/subsidies-for-fossil-fuels-worldwide-by-product/
OECD. "Subsidies for fossil fuels worldwide in select years from 2013 to 2023, by fuel type (in billion U.S. dollars)." Chart. January 3, 2025. Statista. Accessed January 23, 2025. https://www.statista.com/statistics/484759/subsidies-for-fossil-fuels-worldwide-by-product/
OECD. (2025). Subsidies for fossil fuels worldwide in select years from 2013 to 2023, by fuel type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 23, 2025. https://www.statista.com/statistics/484759/subsidies-for-fossil-fuels-worldwide-by-product/
OECD. "Subsidies for Fossil Fuels Worldwide in Select Years from 2013 to 2023, by Fuel Type (in Billion U.S. Dollars)." Statista, Statista Inc., 3 Jan 2025, https://www.statista.com/statistics/484759/subsidies-for-fossil-fuels-worldwide-by-product/
OECD, Subsidies for fossil fuels worldwide in select years from 2013 to 2023, by fuel type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/484759/subsidies-for-fossil-fuels-worldwide-by-product/ (last visited January 23, 2025)
Subsidies for fossil fuels worldwide in select years from 2013 to 2023, by fuel type (in billion U.S. dollars) [Graph], OECD, January 3, 2025. [Online]. Available: https://www.statista.com/statistics/484759/subsidies-for-fossil-fuels-worldwide-by-product/
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