Key Market Indicators
Argentina's energy consumption is projected to hit 3.8 exajoules by 2028, up from approximately 3.6 exajoules in 2023. This marks an average annual growth of 0.8% over the five-year period. Since 1970, Argentina has experienced a steady increase in energy demand, averaging a 0.5% rise each year. In 2023, Argentina was ranked 28th globally in terms of energy consumption, with Pakistan narrowly surpassing it with a similar consumption level of 3.6 exajoules. The United States, India, and Russia held the second, third, and fourth positions, respectively, in the global rankings for energy consumption.