Key Market Indicators
Bangladesh's energy consumption is projected to hit 2 exajoules by 2028, up from an estimated 1.9 exajoules in 2023, according to recent forecasts. This marks an annual compound growth rate of about 2%. Since 1976, the nation's energy demand has seen a notable increase, averaging a yearly growth rate of 3.7%. In the global ranking of energy consumption for 2023, Bangladesh is positioned at number 43. Qatar narrowly precedes Bangladesh with an energy consumption level also estimated at 1.9 exajoules. Leading the global rankings are the United States, India, and Russia, occupying the second, third, and fourth spots, respectively.
