In 2023, Greece recorded the highest Global Direct Transfer on Petroleum for Residential as a percentage of GDP at 0.095, while the United States had the lowest at 0.001. Greece showed significant growth with a year-on-year increase of 25.1%, indicating a heightened dependency or strategic focus. Conversely, the United States faced the sharpest decline at -19.73%, reflecting potential shifts towards alternative energy sources or efficiency improvements. Indonesia also experienced a noteworthy contraction of -7.13%. Such disparities highlight varying national focuses on energy strategies and economic dependencies across these countries.
Looking ahead, trends to monitor include the impact of global energy policies on these expenditures, the adoption of renewable energy sources, technological advancements in energy efficiency, and geopolitical factors influencing petroleum markets. These elements could significantly alter the economic landscape of direct petroleum transfers for residential use globally.
Top countries in Direct Transfer on Petroleum for Residential by Country
| # | 7 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 0.095 | 2023 | +1.06% | +25.1% | View data |
| 2 | 2 Indonesia | 0.038 | 2023 | -39.68% | -7.13% | View data |
| 3 | 3 Ukraine | 0.032 | 2023 | +23.08% | +5.92% | View data |
| 4 | 4 Ireland | 0.01 | 2023 | -16.67% | -12.05% | View data |
| 5 | 5 Argentina | 0.007 | 2023 | 0% | +3.13% | View data |
| 6 | 6 Belgium | 0.002 | 2023 | 0% | -12.94% | View data |
| 7 | 7 United States | 0.001 | 2023 | -50% | -19.73% | View data |
