Key Market Indicators
Macedonian energy consumption is projected to reach approximately 0.11 exajoules by 2028, maintaining its current level from 2023. The growth rate averages around 0.9% annually. Since 1995, energy demand in Macedonia has remained stable. In 2023, Macedonia ranked 77th in global energy consumption, with Cyprus slightly ahead at 0.11 exajoules. Leading the global rankings, the United States, India, and Russia occupied the second, third, and fourth positions, respectively.
