Key Market Indicators
Slovakia's electricity generation is projected to see a marginal increase over the next five years, reaching approximately 27.6 terawatt-hours by 2028. This represents a slight uptick from the 27.5 terawatt-hours expected in 2023, translating to an average annual growth rate of 0%. Historical data reveals that since 1990, Slovakia's electricity supply has experienced a modest year-on-year growth rate of 0.4%. Despite this steady increase, Slovakia ranked 66th globally in terms of electricity generation in 2023. In comparison, Azerbaijan surpassed Slovakia with a generation of 27.5 terawatt-hours. The top three spots in global electricity generation were held by the United States, India, and Russia, respectively.
