Key Market Indicators
Belgium's energy consumption is projected to reach 2.8 exajoules by 2026, up 0.4% per year from 2021's figure of 2.7 exajoules. Since 1970, Belgian demand has grown 0.9% annually. In 2021, Belgium ranked 33rd globally; Sweden had the highest consumption at 2.7 exajoules. The United States, India and Russia, respectively, came in 2nd, 3rd and 4th place in this ranking. Belgium's energy supply is expected to reach 51 million tonnes of oil equivalent by 2026, falling by 0.4% per year from 2021's figure of 51.3 million. Since 1965, Belgian supply has decreased 1.6% annually. In 2021, Belgium ranked 36th, with Iraq taking the lead at 51.3 million tonnes of oil equivalent. The United States, India and Russia, respectively, came in 2nd, 3rd and 4th place in this ranking.
