Key Market Indicators
Belgium's electricity generation is projected to reach approximately 96.6 terawatt-hours by 2028, up from about 95.8 terawatt-hours in 2023. This represents an average annual growth rate of 0.1%. Since 1990, Belgium has seen its electricity supply increase by an average of 5% per year. In 2023, Belgium ranked 37th globally in electricity generation. Bangladesh slightly outpaced Belgium, also generating around 95.8 terawatt-hours. Leading the global rankings, the United States, India, and Russia secured the second, third, and fourth spots respectively in the electricity generation hierarchy.
