Canada's GDP energy intensity from 2024 to 2028 shows a decreasing trend, moving from 138.88 to 129.54 kilograms of oil equivalent per thousand US dollars at 2011 PPP. This represents a year-on-year decrease of roughly 1.7%. If this trend continues, the energy intensity will reduce at a compound annual growth rate (CAGR) of approximately -1.7% over the five years. In 2023, the value was slightly above 138.88, indicating a continuing trend in energy efficiency improvements.
Future trends to watch for include:
- Technological innovations in energy efficiency
- Policy changes impacting energy use and production
- Adoption of renewable energy sources
- Macroeconomic factors influencing overall GDP growth and energy consumption
