In 2023, Ukraine leads the global direct transfer of natural gas relative to GDP at 1.51%, despite only a minimal increase year-over-year. Meanwhile, Canada showed a significant increase of 133.89%, signaling efforts to grow its energy sector. Lithuania, Italy, and Belgium also experienced notable growths at 74.59%, 8.33%, and 14.14%, respectively, whereas Belarus and the United States witnessed considerable declines. For long-term growth, Poland presents a promising prospect with its 47.58% increase, whereas markets like Argentina saw an 84% decline, indicating volatility and potential market instability.
Future trends to watch include:
- East European countries may continue to leverage natural gas as a strategic resource.
- North America could potentially experience more strategic investments or shifts due to geopolitical influences.
- The continuous rise in global energy demands and climate policies will likely shape the dynamics in direct transfer strategies in coming years.
Top countries in Direct Transfer on Natural Gas for All Beneficiaries or Sectors by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 1.51 | 2023 | +2.58% | +1.01% | View data |
| 2 | 2 Argentina | 0.37 | 2023 | +10.42% | -0.84% | View data |
| 3 | 3 Lithuania | 0.29 | 2023 | +59.56% | +74.59% | View data |
| 4 | 4 Mexico | 0.13 | 2023 | +29% | View data | |
| 5 | 5 Italy | 0.091 | 2023 | +7.06% | +8.33% | View data |
| 6 | 6 Canada | 0.07 | 2023 | +25% | +133.89% | View data |
| 7 | 7 Slovenia | 0.063 | 2023 | 0% | 0% | View data |
| 8 | 8 Israel | 0.045 | 2023 | 0% | +3.99% | View data |
| 9 | 9 Chile | 0.041 | 2023 | +5.13% | +5.75% | View data |
| 10 | 10 Colombia | 0.039 | 2023 | -9.3% | -5.59% | View data |
