In 2024, South Africa leads with the highest coal support relative to GDP, followed by Slovakia and Greece. Notable increases from 2023 include Portugal and Switzerland, while Slovakia, Germany, and Slovenia experienced declines. South Korea, the United States, and China show minimal GDP percentage support, highlighting a shift away from coal reliance in advanced economies over the last five years. The Compound Annual Growth Rate (CAGR) reflects varied global approaches and commitments.
Future trends may see intensified efforts to reduce coal dependency due to environmental policies, technological advancements, and shifts towards renewable energy, potentially impacting countries with high coal support. Monitoring these transitions is vital for strategic economic assessments.
Top countries in Total Support on Coal for Consumers by Country
| # | 10 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 | 0.18 | 2023 | +0.56% | -3.44% | View data |
| 3 | 3 Greece | 0.15 | 2023 | -1.91% | -2.86% | View data |
| 4 | 4 Finland | 0.14 | 2023 | +3.7% | +1.34% | View data |
| 5 | 5 Portugal | 0.12 | 2023 | +8.41% | +10.95% | View data |
| 6 | 6 Ukraine | 0.086 | 2023 | +19.44% | -1.55% | View data |
| 7 | 7 Indonesia | 0.086 | 2023 | 0% | +2.77% | View data |
| 8 | 8 Germany | 0.05 | 2023 | -1.96% | -4.82% | View data |
| 9 | 9 Italy | 0.024 | 2023 | +4.35% | +8.45% | View data |
| 10 | 10 Slovenia | 0.019 | 2023 | -9.52% | -9.33% | View data |
