In 2023, Azerbaijan led in total support for natural gas producers at 1.21% of GDP, followed by Mexico at 0.29%. Denmark and Indonesia demonstrated moderate increases, while Poland showed significant growth at 47.58%. Colombia and Canada experienced declines, with Belarus dropping sharply by 37.77%. Stability was observed in Ireland and China, with slight or no changes. Over the past five years, notable compound annual growth rates were observed in emerging markets, emphasizing a shift in support dynamics.
Looking ahead, key trends include increasing support in emerging markets like Azerbaijan and Mexico. Developed nations might stabilize support levels due to shifts towards renewable energy sources.
Top countries in Total Support on Natural Gas for Producers by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Azerbaijan | 1.21 | 2023 | +30.84% | +10.35% | View data |
| 2 | 2 Mexico | 0.29 | 2023 | +29.39% | +150.35% | View data |
| 3 | 3 Denmark | 0.13 | 2023 | +19.09% | +35.2% | View data |
| 4 | 4 Indonesia | 0.077 | 2023 | +5.48% | +36.92% | View data |
| 5 | 5 United Kingdom | 0.075 | 2023 | +2.74% | +16.47% | View data |
| 6 | 6 Israel | 0.047 | 2023 | +2.17% | +5.48% | View data |
| 7 | 7 Colombia | 0.039 | 2023 | 0% | -3.25% | View data |
| 8 | 8 Chile | 0.038 | 2023 | +8.57% | +4.16% | View data |
| 9 | 9 Ireland | 0.029 | 2023 | +20.83% | +0.7% | View data |
| 10 | 10 Japan | 0.021 | 2023 | +5% | +8.45% | View data |
