The Global Direct Transfer on End-Use Electricity for Consumers showed varied trends across countries in 2023. Mexico witnessed the highest value at 3.17 Billion USD, supported by significant year-on-year growth of 10.17%. In contrast, Indonesia and Colombia saw reductions in expenditure with -22.47% and -6.79% changes, respectively. Belgium and Armenia also demonstrated strong growth rates of 11.15% and 48.1%. However, declines were notable in countries like Azerbaijan and Moldova with downtrends of -5.13% and -3.08%.
Future trends to watch include technological advancements aiming to improve energy efficiency and the rising emphasis on sustainable energy sources. Countries with policies encouraging renewable integration or technological adoption may experience a change in direct transfer dynamics. Economic recovery post-pandemic, fluctuating energy prices, and geopolitical events will also likely impact these trends significantly.
Top countries in Direct Transfer on End-Use Electricity for Consumers by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 3,170 | 2023 | +7.93% | +10.17% | View data |
| 2 | 2 Australia | 1,160 | 2023 | -1.36% | +6.56% | View data |
| 3 | 3 Indonesia | 913.66 | 2023 | -37.78% | -22.47% | View data |
| 4 | 4 Spain | 410.33 | 2023 | +22.48% | +5.55% | View data |
| 5 | 5 Ukraine | 224.48 | 2023 | +6.03% | -2.71% | View data |
| 6 | 6 Azerbaijan | 103.54 | 2023 | +23.15% | -5.13% | View data |
| 7 | 7 Belgium | 63.7 | 2023 | +6.65% | +11.15% | View data |
| 8 | 8 Netherlands | 60.54 | 2023 | +31.29% | +8.87% | View data |
| 9 | 9 Canada | 44.4 | 2023 | +7.07% | +8.52% | View data |
| 10 | 10 Colombia | 31.75 | 2023 | -2.8% | -6.79% | View data |
