According to the forecasted data, the Electricity Production Value in Belgium is expected to decrease from 12.53 Billion Euros in 2024 to 10.2 Billion Euros in 2028. Below are the year-on-year variations:
- 2024-2025: -4.71%
- 2025-2026: -4.94%
- 2026-2027: -5.11%
- 2027-2028: -5.30%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is -5.04% per year.
As the forecasted data indicates a consistent decline in the electricity production value, key factors to monitor include renewable energy adoption, changes in government regulations, technological advancements in energy production, and fluctuations in global energy prices. These factors will play a significant role in shaping future electricity production values in Belgium.