In 2023, South Africa leads global electricity support with $4.21 billion, showing a substantial increase of 67.42% year-on-year. Mexico follows closely at $4.19 billion, up by 17.43%. Italy, Germany, and Indonesia display varied trends, with Italy experiencing growth but Germany and Indonesia witnessing declines. Australia and Canada see positive gains, while Argentina and Belarus suffer notable decreases. Smaller markets like Armenia record substantial growth.
Future trends to watch include policy shifts towards renewable energy, technological advancements in power efficiency, and economic factors influencing energy support. These elements could reshape support levels and regional energy dynamics worldwide.
Top countries in Total Support on End-Use Electricity for All Beneficiaries or Sectors by Country
| # | 10 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Africa | 4,210 | 2023 | +26.72% | +67.42% | View data |
| 2 | 2 Mexico | 4,190 | 2023 | +8.54% | +17.43% | View data |
| 3 | 3 Italy | 2,090 | 2023 | +4.5% | +7.36% | View data |
| 4 | 4 Germany | 1,920 | 2023 | -4.83% | -3.55% | View data |
| 5 | 5 Indonesia | 1,560 | 2023 | -20.83% | -13.28% | View data |
| 6 | 6 Australia | 1,300 | 2023 | +1.3% | +10.08% | View data |
| 7 | 7 United States | 1,060 | 2023 | -1.26% | +2.96% | View data |
| 8 | 8 Spain | 626.01 | 2023 | +6.54% | +1.33% | View data |
| 9 | 9 Ukraine | 296.28 | 2023 | +6.87% | -0.84% | View data |
| 10 | 10 France | 260.98 | 2023 | +9.45% | +7.71% | View data |
