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Latvia Energy Industry Outlook 2022 - 2026

See how Latvia Energy performed compared to key markets such as China, the United States and India.

Key Market Indicators

Latvian energy consumption is projected to remain at 0.15 Exajoules in 2026. This would be a slight decrease of 0.3% year-on-year since 2021, and a 1% decline since 1990. Latvia ranked 74th in the world in 2021, with Estonia coming ahead at 0.15 Exajoules. The United States, India, and Russia held the second, third, and fourth spots, respectively. Latvian energy supply is predicted to stay at 4.36 million tonnes of oil equivalent in 2026. This would be a slight decrease of 0.2% year-on-year since 2021, and a 0.5% rise since 1995. Latvia held the 115th spot in the world in 2021, with El Salvador coming ahead at 4.36 million tonnes of oil equivalent. The United States, India, and Russia ranked second, third, and fourth, respectively.

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Latvia Energy Market Data and Forecasts

How much will Latvia Energy Market grow to 2026?

Forecast: Oil Consumption in Latvia
Forecast: Solar Energy Generation in Latvia
Forecast: Electricity Generation in Latvia
Forecast: Geothermal and Biomass Energy Consumption in Latvia
Forecast: Gas Consumption in Latvia
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