In 2023, Brazil's primary energy consumption stood at 13.60 Exajoules. As we look at the forecasted data from 2024 to 2028, there is a consistent year-on-year increase in energy consumption.
From 2023 to 2024, the consumption is expected to rise by approximately 1.32%. In the subsequent years, the year-on-year forecasted variations are as follows:
- 2025: 1.31%
- 2026: 1.36%
- 2027: 1.28%
- 2028: 1.26%
Over the last five years, the Compound Annual Growth Rate (CAGR) indicates an average annual increase of 1.31%.
Future trends to watch for include potential shifts towards more sustainable energy sources, governmental policies impacting energy consumption, and economic factors influencing industrial and residential energy use in Brazil.
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