In 2023, Italy leads the support for natural gas electricity generation among the listed countries at 73.72 million USD, increasing by 7.1% year-on-year. Conversely, Ukraine maintains its level of support with no changes. Major declines are observed in Belarus and Estonia, dropping by 50.9% and 31.61% respectively, with Poland also decreasing significantly by 12.94%. Notable growth is seen in Lithuania with a 17.57% increase. The compound annual growth rate (CAGR) over the last five years reflects stable support trends, with Italy showing resilience and countries like Belarus experiencing considerable fluctuations.
Future trends to watch include potential fluctuations driven by geopolitical shifts, economic policies affecting energy sourcing, and advancements in renewable energy technology reshaping reliance on natural gas for electricity. Italy is likely to maintain its leadership position, while lower supported countries may see varied growth depending on regional energy policies and market dynamics.
Top countries in Total Support on Natural Gas for Electricity Generation Share by Country (Million US Dollars, Constant = 2020)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 73.72 | 2023 | +11.54% | +7.1% | View data |
| 2 | 2 Ukraine | 18.41 | 2023 | +4.11% | View data | |
| 3 | 3 Greece | 10.4 | 2023 | +0.19% | +0.32% | View data |
| 4 | 4 Brazil | 6.87 | 2023 | +3.98% | -8.84% | View data |
| 5 | 5 Latvia | 3.56 | 2023 | +1.65% | -2.94% | View data |
| 6 | 6 Slovenia | 1.96 | 2023 | +1% | -0.15% | View data |
| 7 | 7 Czech Republic | 0.9 | 2023 | +1.26% | +1.55% | View data |
| 8 | 8 Slovakia | 0.49 | 2023 | -0.45% | -1.75% | View data |
| 9 | 9 Poland | 0.25 | 2023 | -23.12% | -12.94% | View data |
| 10 | 10 Lithuania | 0.19 | 2023 | +13.06% | +17.57% | View data |
