Key Market Indicators
Bulgarian energy consumption is projected to hit 0.84 exajoules by 2028, maintaining its current level from 2023. This represents a modest annual growth rate of 0.1% on average. Since 1970, Bulgaria has seen a steady increase in energy demand, with an average yearly uptick of 1.2%. As of 2023, Bulgaria holds the 61st position globally in terms of energy consumption. New Zealand slightly edges out Bulgaria with the same consumption level of 0.84 exajoules. In the upper echelons of the ranking, the United States, India, and Russia occupy the second, third, and fourth positions, respectively.