The 2023 analysis of Global Total Support on End-Use Electricity reveals Mexico and South Africa leading in funding, with significant year-on-year growth at 16.69% and 62.05%, respectively. Canada and Armenia also exhibit notable increases, while Germany and Indonesia face declines. Stable growth in Italy, France, and Australia's support suggests robust electricity policy continuity. Argentina and Indonesia demonstrate marked reductions, indicating shifting priorities.
Future trends to watch include the impact of renewable energy adoption on electricity support levels, the influence of geopolitical stability, and countries' economic policies on their commitments to energy infrastructure. The advancement in energy technologies may shape future spending dynamics.
Top countries in Total Support on End-Use Electricity for All Beneficiaries or Sectors by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 4,220 | 2023 | +8.61% | +16.69% | View data |
| 2 | 2 South Africa | 4,070 | 2023 | +26.04% | +62.05% | View data |
| 3 | 3 Germany | 1,740 | 2023 | -5.99% | -5.3% | View data |
| 4 | 4 Italy | 1,740 | 2023 | +1.45% | +3.16% | View data |
| 5 | 5 Australia | 1,160 | 2023 | -1.35% | +6.6% | View data |
| 6 | 6 United States | 1,110 | 2023 | +0.19% | +4.34% | View data |
| 7 | 7 Indonesia | 913.66 | 2023 | -37.78% | -22.47% | View data |
| 8 | 8 Greece | 633.62 | 2023 | +0.47% | -0.34% | View data |
| 9 | 9 Ukraine | 229.1 | 2023 | +5.73% | -2.38% | View data |
| 10 | 10 France | 223.29 | 2023 | +7.97% | +4.46% | View data |
