In 2023, Germany led with a high total support expressed as a percentage of GDP at 0.033, followed by Belarus at 0.03. Argentina showed a significant decrease of 30.12% from previous support levels, while Spain and Colombia experienced declines of 16.74% and 3.58%, respectively. This marks a trend of reduced support across several countries. Over the last five years, a compounded annual growth rate indicates varied support commitments in electricity funding as a share of GDP.
Future trends could be shaped by policy shifts towards sustainable energy, economic factors affecting national budgets, and initiatives to enhance electricity productivity and efficiency in emerging economies.
Top countries in Total Support on End-Use Electricity for Producers by Country
| # | 5 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 0.033 | 2023 | -2.94% | -3.77% | View data |
| 2 | 2 Belarus | 0.03 | 2023 | 0% | 0% | View data |
| 3 | 3 Argentina | 0.021 | 2023 | -47.5% | -30.12% | View data |
| 4 | 4 Spain | 0.008 | 2023 | -27.27% | -16.74% | View data |
| 5 | 5 Colombia | 0.005 | 2023 | 0% | -3.58% | View data |
