Key Market Indicators
Colombia's energy consumption is expected to reach 2.1 exajoules by 2026, up 1.3% year-on-year on average. This figure has increased by 1.2% annually since 1970. Colombia ranked 42nd in the world in 2021, overtaken by the Philippines at 1.92 exajoules. The United States, India and Russia were the world's top three energy consumers. Meanwhile, Colombia's energy supply is predicted to reach 42.04 million tonnes of oil equivalent by 2026, with an average growth rate of 0.8% year-on-year. Since 1976, the country's energy supply has decreased by 1.9% annually. Colombia placed 43rd in the world in 2021, with the Czech Republic surpassing it at 38.32 million tonnes of oil equivalent. The United States, India and Russia remained the top three energy suppliers.
