Key Market Indicators
Algeria's energy consumption is projected to rise to approximately 2.6 exajoules by 2028, up from 2.5 exajoules in 2023. This marks an average annual growth rate of 0.4%. Historically, Algerian demand for energy has seen a year-on-year increase of 0.8% since 1970. In the global rankings for 2023, Algeria placed 32nd, with Singapore surpassing it by consuming 2.5 exajoules. The United States, India, and Russia held the top three positions in this ranking, respectively.
