In 2023, Ukraine led global support for natural gas as a percentage of GDP, with a notable year-on-year increase of 6.9%. Meanwhile, declines were significant in Moldova and Azerbaijan by over 11%. Europe's major economies, such as Italy and the UK, showed gains, while Germany and France displayed declines. Among BRICS nations, China saw a healthy increase of 8.45%, whereas India faced a 7.79% drop.
Future trends to watch include:
- The impact of geopolitical tensions on Ukraine's natural gas support stability.
- How European nations balance support with sustainability goals amid fluctuating energy markets.
- The potential shifts in Asian markets, given China's increasing support contrasted by India's declines.
Top countries in Total Support on Natural Gas for Consumers by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 1.44 | 2023 | +1.98% | +0.069% | View data |
| 2 | 2 Moldova | 0.18 | 2023 | -13.04% | -11.2% | View data |
| 3 | 3 Azerbaijan | 0.17 | 2023 | -1.69% | -15.9% | View data |
| 4 | 4 United Kingdom | 0.16 | 2023 | -1.89% | +0.13% | View data |
| 5 | 5 Latvia | 0.15 | 2023 | -8.59% | -8.08% | View data |
| 6 | 6 Argentina | 0.12 | 2023 | +8.85% | +3.61% | View data |
| 7 | 7 Italy | 0.097 | 2023 | +6.59% | +9.01% | View data |
| 8 | 8 Lithuania | 0.09 | 2023 | -9.09% | -6.51% | View data |
| 9 | 9 Slovenia | 0.082 | 2023 | +1.23% | -0.95% | View data |
| 10 | 10 Hungary | 0.079 | 2023 | -1.25% | -3.21% | View data |
