Key Market Indicators
Mexico's electricity generation is projected to hit nearly 375 terawatt-hours by 2028, up from approximately 346 terawatt-hours in 2023. This represents an average annual growth rate of 1.3%. Despite this upward trend, the country's electricity supply has seen a slight decline since 1990, with an average yearly decrease of 0.2%. In 2023, Mexico ranked 13th globally in electricity generation, trailing just behind Iran, which produced around 346 terawatt-hours. The top three spots were occupied by the United States, India, and Russia, respectively.
