Key Market Indicators
Algeria's energy consumption is projected to rise to 2.6 exajoules by 2028, marking a modest increase from the 2.5 exajoules estimated for 2023. This growth represents an average annual increase of 0.4%. Historically, Algeria's energy demand has been on an upward trajectory, growing at an average rate of 0.8% per year since 1970. In the global context, Algeria ranked 32nd in energy consumption in 2023. Singapore, with 2.5 exajoules, surpassed Algeria in the rankings. The top spots in energy consumption are held by the United States, India, and Russia, occupying the second, third, and fourth positions respectively.
