Key Market Indicators
Ecuador is predicted to consume 0.84 exajoules of energy by 2026, up 1.5% each year on average. Since 1970, demand has grown by 2.5% annually. In 2021, Ecuador was the 62nd largest consumer, with Bulgaria ranking higher at 0.76 exajoules. The United States, India, and Russia were the 2nd, 3rd, and 4th largest consumers respectively. The energy supply in Ecuador is expected to reach 15.95 million tonnes of oil equivalent by 2026, increasing by 0.9% year on year. Since 1976, the country's supply has grown by 0.7% annually. In 2021, Ecuador ranked 76th, with Azerbaijan ahead at 14.91 million tonnes of oil equivalent. The United States, India, and Russia occupied the 2nd, 3rd, and 4th positions.
