Key Market Indicators
Israeli energy consumption is projected to hit 1.18 exajoules by 2028, up from 1.11 exajoules in 2023, marking an average annual growth rate of 1%. Since 1970, Israel's energy demand has consistently increased by approximately 1.1% each year. In 2023, Israel ranked 54th globally in energy consumption, with Greece slightly ahead at 1.11 exajoules. The top spots in the global ranking were held by the United States, India, and Russia, occupying the second, third, and fourth positions, respectively.
