In 2023, global direct transfer of fossil fuels for residential use varied significantly by country. India leads with $4.92 billion, though declining by 4.6% from the previous year. Ukraine rose by 2.05%, indicating persistent challenges in energy efficiency. Indonesia and the United States saw reductions, while South Africa, Mexico, and Belgium showed double-digit growth, reflecting differing policy focus and market demands. Greece and Armenia experienced significant increases, suggesting geopolitical or economic shifts impacting subsidies. The five-year CAGR reflects a modest overall growth. Future trends will likely be influenced by increased environmental awareness and shifts towards renewable energy sources.
Top countries in Direct Transfer on All Fossil Fuels for Residential by Country
| # | 10 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 4,920 | 2023 | +18.36% | -4.6% | View data |
| 2 | 2 Ukraine | 3,020 | 2023 | +11.76% | +2.05% | View data |
| 3 | 3 Indonesia | 1,580 | 2023 | -15.48% | -2.86% | View data |
| 4 | 4 South Africa | 1,380 | 2023 | +5.55% | +11.34% | View data |
| 5 | 5 Australia | 1,150 | 2023 | +0.27% | +8.99% | View data |
| 6 | 6 United States | 967.99 | 2023 | -7.84% | -9.18% | View data |
| 7 | 7 Mexico | 697.11 | 2023 | +7.39% | +10.66% | View data |
| 8 | 8 Argentina | 386.56 | 2023 | +11.44% | +2.86% | View data |
| 9 | 9 Spain | 308.39 | 2023 | +6.54% | +1.8% | View data |
| 10 | 10 Ireland | 248.3 | 2023 | -0.67% | -1.45% | View data |
