Forecast: Energy Productivity in Thailand

In 2023, Thailand's energy productivity stood at 8.94 US Dollars Per Thousand of Total Primary Energy Supply. Starting from 2024, the forecast values exhibit a steady year-on-year increase: 8.98 in 2024, 9.03 in 2025, 9.08 in 2026, 9.12 in 2027, and 9.17 in 2028. The year-on-year variations are between 0.5% and 0.6%, indicating consistent incremental growth. Over the last two years, the average variation was approximately 0.56% per year. The Compound Annual Growth Rate (CAGR) for the five-year period is estimated at around 0.6%.

Future trends to watch for in Thailand’s energy productivity include:

● Government policies promoting renewable energy and energy efficiency.

● Technological advancements in energy production and consumption.

● Economic factors influencing energy supply and demand.

● Sectoral shifts impacting overall energy use, such as industrial upgrades.