In 2023, South Africa led direct transfers of fossil fuels for general services at 1.47% of GDP, with a significant growth of 67.42% year-on-year. Canada saw an extraordinary 214.97% increase, reflecting substantial policy shifts or external factors affecting fossil fuel support. Lithuania also showed notable growth at 74.59%. Meanwhile, Poland, Hungary, and Slovenia experienced declines, likely indicating reduced fossil fuel reliance or increased environmental measures. Noteworthy declines in Italy, Russia, and Germany suggest potential shifts toward sustainable practices.
Looking ahead, anticipate the persistence of shifts towards sustainable energy sources, prompted by environmental agendas and global pressures. Developing nations might balance growth needs with emerging green technologies, impacting fossil fuel reliance differently across regions.
Top countries in Direct Transfer on All Fossil Fuels for General Services by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Africa | 1.47 | 2023 | +27.2% | +67.42% | View data |
| 2 | 2 Canada | 0.31 | 2023 | +32.48% | +214.97% | View data |
| 3 | 3 Lithuania | 0.29 | 2023 | +59.56% | +74.59% | View data |
| 4 | 4 Poland | 0.11 | 2023 | +4.81% | -2.86% | View data |
| 5 | 5 Japan | 0.034 | 2023 | -2.86% | +3.96% | View data |
| 6 | 6 Hungary | 0.016 | 2023 | -15.79% | -9.25% | View data |
| 7 | 7 Spain | 0.015 | 2023 | -6.25% | -7.37% | View data |
| 8 | 8 India | 0.011 | 2023 | 0% | +12.89% | View data |
| 9 | 9 Germany | 0.01 | 2023 | 0% | -1.89% | View data |
| 10 | 10 Russia | 0.006 | 2023 | 0% | -11.42% | View data |
