In 2023, Global Total Support on Coal for General Services exhibited diverse changes across countries. Poland led with a support value of $1.57 billion, showing a 4.98% decline from the previous year. China and the UK followed, with China witnessing an 11.74% increase and the UK a significant 226.17% rise. Germany and South Korea saw modest declines, while South Africa and Indonesia posted increases of 7.45% and 5.33%, respectively. Notable dips included Spain at -36.18% and Slovenia at -23.25%. Over the past five years, the Compound Annual Growth Rate (CAGR) reflected varied support adjustments across these nations.
Future trends to watch include shifting global energy policies influencing coal support, potential technological advancements reducing coal dependency, and economic factors affecting coal demand. Also, the momentum towards sustainable energy may further impact governmental coal assistance strategies.
Top countries in Total Support on Coal for General Services by Country
| # | 10 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 1,570 | 2023 | +8.21% | -4.98% | View data |
| 2 | 2 China | 1,060 | 2023 | +12.63% | +11.74% | View data |
| 3 | 3 United Kingdom | 1,020 | 2023 | +33.02% | +226.17% | View data |
| 4 | 4 Germany | 439.6 | 2023 | -1.76% | -1.27% | View data |
| 5 | 5 South Korea | 76.79 | 2023 | -6.32% | -1.96% | View data |
| 6 | 6 India | 60.52 | 2023 | +3.93% | -3.25% | View data |
| 7 | 7 South Africa | 58.6 | 2023 | +0.93% | +7.45% | View data |
| 8 | 8 Hungary | 38.18 | 2023 | -3.78% | -1.08% | View data |
| 9 | 9 Spain | 32.51 | 2023 | -60.71% | -36.18% | View data |
| 10 | 10 Colombia | 23.56 | 2023 | +0.11% | +2.93% | View data |