Key Market Indicators
The energy supply of Benin is projected to increase significantly over the next five years. In 2021, the country had 5.4 million tonnes of oil equivalent (MTOE), placing it at 106th in the world. This is an increase of 2.5% since 1976. By 2026, the energy supply of Benin is expected to reach 6.12 MTOE, growing at a CAGR of 1.8% year on year. Honduras overtook Benin in 2021, reaching 5.4 MTOE. The United States, India and Russia, respectively ranked in the 2nd, 3rd and 4th positions.