Key Market Indicators
Malaysia is projected to see its energy consumption rise 1.1% annually over the next five years, reaching 4.6 exajoules by 2026. Since 1970, demand has dropped 0.2% per year on average. The country placed 25th in 2021, with the UAE overtaking it with 4.2 exajoules. The US, India, and Russia finished second, third, and fourth in the rankings respectively. Meanwhile, the country's energy supply is expected to grow 1.2% annually and reach 99 million tonnes of oil equivalent by 2026. Supply has grown 0.7% each year since 1976. In 2021, Malaysia was 26th in the rankings, with Poland ahead at 91 million tonnes of oil equivalent. The US, India, and Russia held the top three spots again in this list.
Malaysia Energy Market Data and Forecasts
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