Key Market Indicators
Macedonia's electricity generation is projected to decline in the coming years. In 2021, the country produced 5.53 terawatt-hours, coming in 74th place worldwide. Latvia produced more, with 5.53 terawatt-hours. The United States, India and Russia were the top three producers in 2021. On average, Macedonia's electricity generation is expected to fall by 0.5% year-on-year up to 2026. Since 1995, the country has seen a 0.4% decline in supply each year.