Key Market Indicators
Macedonia's energy consumption is projected to hit 0.11 exajoules by 2028, maintaining its current level from 2023. This marks a modest average annual growth rate of approximately 0.9%. Since 1995, energy demand in Macedonia has shown remarkable stability. In the global rankings for 2023, Macedonia held the 77th position, with Cyprus narrowly ahead at the same consumption level of 0.11 exajoules. Leading the global rankings were the United States, India, and Russia, taking the second, third, and fourth spots, respectively.
