Key Market Indicators
Hungary's electricity generation is projected to experience minimal growth over the next five years. According to recent forecasts, the country's power output is expected to reach 35 terawatt-hours by 2028, up from approximately 35 terawatt-hours in 2023. This represents a stagnation with a compound annual growth rate (CAGR) of 0%. Since 1990, Hungary's electricity supply has seen an annual increase of about 2%. In the global rankings for 2023, Hungary stood at the 60th position, narrowly trailing Belarus, which also produced around 35 terawatt-hours. Leading the global rankings, the United States, India, and Russia occupied the second, third, and fourth positions respectively in terms of electricity generation.
