Key Market Indicators
Ecuador's energy consumption is predicted to rise 1.5% a year on average to around 0.84 exajoules by 2026. Since 1970, its demand has grown by an average of 2.5% a year. In 2021, Ecuador was ranked 62nd, overtaken by Bulgaria at 0.76 exajoules. The US, India and Russia came in second, third and fourth place respectively. Meanwhile, Ecuador's energy supply is expected to increase 0.9% a year on average to around 16 million tonnes of oil equivalent by 2026. Since 1976, its supply has risen by 0.7% a year. In 2021, Ecuador was ranked 76th, with Azerbaijan ahead at 14.91 million tonnes of oil equivalent. The US, India and Russia again took the top three spots.
Ecuador Energy Market Data and Forecasts
How much will Ecuador Energy Market grow to 2026?
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