The analysis of Global Total Support on Petroleum for General Services reveals significant variance among countries. Mexico leads with $5.98B, exhibiting a 138.57% year-on-year increase, while Canada follows at $1.96B, showcasing a 191.63% rise. Japan and the United States exhibit modest growth of 5.03% and 4.38%, respectively. India displays a 22.83% increase, contrasting with Colombia, Russia, South Korea, and Switzerland, which all face declines. Notably, China grew by 1.96%, while Norway and New Zealand demonstrated moderate increases.
In the future, geopolitical shifts, environmental regulations, and transitions to renewable energy will substantially influence support trends. Observing technological advancements and policy changes becomes crucial as countries strive to balance economic and environmental priorities.
Top countries in Total Support on Petroleum for General Services by Country
| # | 10 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 5,980 | 2023 | +29.89% | +138.57% | View data |
| 2 | 2 Canada | 1,960 | 2023 | +32.72% | +191.63% | View data |
| 3 | 3 Japan | 1,830 | 2023 | +1.27% | +5.03% | View data |
| 4 | 4 United States | 438.81 | 2023 | +6.52% | +4.38% | View data |
| 5 | 5 India | 276.79 | 2023 | +5.25% | +22.83% | View data |
| 6 | 6 Colombia | 141.65 | 2023 | -1.26% | -1.01% | View data |
| 7 | 7 Italy | 98.21 | 2023 | -0.65% | +0.39% | View data |
| 8 | 8 Russia | 48.91 | 2023 | -1.74% | -8.12% | View data |
| 9 | 9 China | 48.22 | 2023 | -2.74% | +1.96% | View data |
| 10 | 10 Norway | 31.94 | 2023 | -0.83% | +2.54% | View data |
