In 2023, notable trends in Global Direct Transfer on End-Use Electricity for Consumers highlighted Mexico at the forefront with 3.32 billion USD, marking a 10.77% increase from the previous year. Indonesia, although still significant at 1.58 billion USD, saw a decline of 13.28%. The European countries showed mixed trends, with Spain rising 8.34%, and Belgium leading a notable growth of 12.13%, while Ireland displayed a 2.75% decrease. Meanwhile, Armenia experienced a significant surge of 48.42%. Over the past five years, these variations suggest diverse dynamics in economic and policy factors affecting electricity transfers.
Looking into the future, several trends are worth observing:
- Policies promoting renewable energy adoption and efficiency improvements.
- Technological advances enhancing grid systems and reducing costs.
- Economic developments influencing pricing and demand patterns.
Top countries in Direct Transfer on End-Use Electricity for Consumers by Country
| # | 10 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 3,320 | 2023 | +7.55% | +10.77% | View data |
| 2 | 2 Indonesia | 1,580 | 2023 | -20.83% | -13.28% | View data |
| 3 | 3 Spain | 433.1 | 2023 | +24.97% | +8.34% | View data |
| 4 | 4 Ukraine | 302.68 | 2023 | +7.08% | -1.17% | View data |
| 5 | 5 Ireland | 111.1 | 2023 | -2.33% | -2.75% | View data |
| 6 | 6 Azerbaijan | 110.51 | 2023 | +27.58% | -2.32% | View data |
| 7 | 7 Belgium | 66.14 | 2023 | +6.71% | +12.13% | View data |
| 8 | 8 Netherlands | 64.44 | 2023 | +31.46% | +9.81% | View data |
| 9 | 9 Colombia | 58.49 | 2023 | +1.14% | +8.96% | View data |
| 10 | 10 Canada | 43.97 | 2023 | +6.68% | +8.53% | View data |
