China leads in global direct transfers for fossil fuels to consumers with significant funding, followed by Argentina and Mexico. Emerging economies frequently exhibit higher transfer values, indicating greater reliance on subsidies to stabilize energy costs. Noteworthy declines in India, Indonesia, and the United States highlight a shift away from substantial fossil fuel aid, in favor of cleaner energy investments or necessary fiscal adjustments.
Future trends to watch include continued policy adjustments driven by climate commitments, geopolitical shifts, and the evolving energy market landscape. Countries are likely to reassess fossil fuel subsidies in light of financial pressure and global climate targets.
Top countries in Direct Transfer on All Fossil Fuels for Consumers by Country
| # | 10 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 18,930 | 2023 | -3.52% | +0.32% | View data |
| 2 | 2 Argentina | 4,700 | 2023 | +8.5% | +5.85% | View data |
| 3 | 3 Mexico | 3,320 | 2023 | +9.31% | +12.09% | View data |
| 4 | 4 Ukraine | 2,870 | 2023 | +3.82% | +0.79% | View data |
| 5 | 5 Indonesia | 2,620 | 2023 | -37.08% | -19.07% | View data |
| 6 | 6 India | 2,140 | 2023 | -11.43% | -19.5% | View data |
| 7 | 7 Italy | 1,980 | 2023 | +9.31% | +4.17% | View data |
| 8 | 8 Brazil | 1,710 | 2023 | +3.64% | -7.36% | View data |
| 9 | 9 Chile | 1,430 | 2023 | +15.24% | +10.86% | View data |
| 10 | 10 Australia | 1,420 | 2023 | +1.5% | +9.57% | View data |
