Key Market Indicators
Ecuador's electricity generation is projected to hit nearly 39 terawatt-hours by 2028, up from 34 terawatt-hours in 2023. This marks an average annual growth rate of 2.1%. Since 1990, the nation's electricity supply has surged by an average of 3.1% annually. In the global rankings for 2023, Ecuador secured the 62nd position, just behind Ireland, which also recorded 34 terawatt-hours. The top spots in the global electricity generation rankings are held by the United States, India, and Russia, occupying the second, third, and fourth positions, respectively.
