In 2023, South Africa led with a significant 71.11% increase in the direct transfer of electricity as a GDP percentage, followed by notable growth in Armenia at 67.03%. Mexico and Australia also showed positive trends with 12.47% and 8.94% increases, respectively. In contrast, Argentina saw a 30.01% decrease. Overall, many countries experienced modest to substantial year-on-year changes, with diverse factors influencing these variations.
Looking ahead, harnessing renewable energy sources and regional energy policies will be key trends to watch. Technological advancements and changes in energy consumption patterns could reshape the global landscape of electricity transfer.
Top countries in Direct Transfer on End-Use Electricity for All Beneficiaries or Sectors by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Africa | 1.45 | 2023 | +27.59% | +71.11% | View data |
| 2 | 2 Mexico | 0.29 | 2023 | +3.6% | +12.47% | View data |
| 3 | 3 Azerbaijan | 0.25 | 2023 | +27.46% | -2.97% | View data |
| 4 | 4 Ukraine | 0.19 | 2023 | +6.15% | -0.72% | View data |
| 5 | 5 Australia | 0.089 | 2023 | 0% | +8.94% | View data |
| 6 | 6 Spain | 0.044 | 2023 | +2.33% | +0.93% | View data |
| 7 | 7 Belarus | 0.03 | 2023 | 0% | 0% | View data |
| 8 | 8 Argentina | 0.022 | 2023 | -46.34% | -30.01% | View data |
| 9 | 9 Colombia | 0.018 | 2023 | -5.26% | +5.15% | View data |
| 10 | 10 Armenia | 0.013 | 2023 | +8.33% | +67.03% | View data |
