Key Market Indicators
Iraq's electricity generation is projected to surge to approximately 148 terawatt-hours by 2028, up from around 122 terawatt-hours in 2023. This represents a steady annual growth rate of 3%. Since 1990, Iraq's electricity supply has seen a consistent annual increase of 4%. In 2023, Iraq ranked 32nd globally in electricity generation. The Netherlands slightly outpaced Iraq with a similar electricity output of approximately 122 terawatt-hours. Leading the global rankings, the United States, India, and Russia secured the top three positions, respectively.
