Key Market Indicators
Namibian energy supply is forecast to reach 2.2 million tonnes of oil equivalent (MTOE) by 2026, increasing by an average of 1.2% each year. Since 1996, the country has seen an average annual increase of 0.5%. In 2021, Namibia came in at 130th place, with 2.03 MTOE. Cyprus overtook them, with the same amount of energy supply. The United States, India, and Russia came in second, third, and fourth, respectively.