The data for 2024 suggests Mexico leads in global total support for end-use electricity, significantly outpacing other nations, with a notable year-on-year growth rate of 12.09% in 2023. Italy and Germany also show positive growth at around 7%. Meanwhile, Indonesia and Ukraine see falling support with declines of 13.48% and 0.41%, respectively. The U.S. shows modest growth. Canada's notable 24.02% increase underscores strong policy support, while Kazakhstan experienced a noticeable surge of 48.42%. Most European countries, including France and Spain, show moderate growth or stabilization.
Future trends to watch include the impact of renewable energy adoption on consumer costs and governmental regulatory changes on electricity pricing. Countries investing heavily in renewable energy may face varied levels of support as these initiatives mature.
Top countries in Total Support on End-Use Electricity for Consumers Share by Country (Million US Dollars, Constant = 2020)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 29.26 | 2023 | +9.31% | +12.09% | View data |
| 2 | 2 Italy | 18.46 | 2023 | +4.51% | +7.37% | View data |
| 3 | 3 Indonesia | 13.78 | 2023 | -21.07% | -13.48% | View data |
| 4 | 4 Australia | 11.47 | 2023 | +1.3% | +10.08% | View data |
| 5 | 5 United States | 9.43 | 2023 | -1.24% | +2.97% | View data |
| 6 | 6 Germany | 8.62 | 2023 | +2.98% | +6.9% | View data |
| 7 | 7 Spain | 4.09 | 2023 | +23.57% | +6.89% | View data |
| 8 | 8 Ukraine | 2.57 | 2023 | +7.84% | -0.41% | View data |
| 9 | 9 France | 2.3 | 2023 | +9.45% | +7.71% | View data |
| 10 | 10 Canada | 1.24 | 2023 | +8.45% | +24.02% | View data |
