The analysis of the Global Direct Transfer on Coal for Consumers by Country, relative to GDP, reveals South Africa as the leader at 0.24%, followed by Slovakia and Greece with 0.14% and 0.093%, respectively. Ukraine and Indonesia both stand at 0.086%, while Italy, Brazil, Ireland, and China have lower values in 2023. Year-on-year variations indicate substantial increases in Italy and South Africa by 8.45% and 4.03%, respectively, whereas Brazil and Ireland witnessed declines. The five-year CAGR suggests a mixed performance with some countries showing positive growth, highlighting the varying dependencies on coal among these economies.
Future trends to watch in the global arena involve shifts towards renewable energy, potentially reducing coal reliance. Countries with higher GDP ratios may implement strategies to decrease direct transfers, aligning with global sustainability goals and reducing carbon footprints. Monitoring policy changes, technological advancements, and international agreements will be crucial to understanding the trajectory and implications of coal consumption on a global scale.
Top countries in Direct Transfer on Coal for Consumers by Country
| # | 9 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Africa | 0.24 | 2023 | +1.27% | +4.03% | View data |
| 2 | 2 Slovakia | 0.14 | 2023 | +2.21% | +1.35% | View data |
| 3 | 3 Greece | 0.093 | 2023 | +1.09% | +2.3% | View data |
| 4 | 4 Ukraine | 0.086 | 2023 | +19.44% | -1.55% | View data |
| 5 | 5 Indonesia | 0.086 | 2023 | 0% | +2.77% | View data |
| 6 | 6 Italy | 0.024 | 2023 | +9.09% | +8.45% | View data |
| 7 | 7 Brazil | 0.007 | 2023 | -12.5% | -8.64% | View data |
| 8 | 8 Ireland | 0.003 | 2023 | -57.14% | -36.03% | View data |
| 9 | 9 China | 0.002 | 2023 | 0% | 0% | View data |
