The analysis of Global Total Support on End-Use Electricity for Residential Share by country reveals South Africa as the largest contributor in 2023, with a significant annual increase of 62.05%. Conversely, Indonesia notably declined by 19.83%. Over a five-year period, a varied performance was noted as countries such as Canada showed growth, while Greece and Ireland demonstrated minor declines. Argentina faced a consistent downward trend.
Future trends to watch include a possible shift towards increased investment in renewable energy sources, impacting overall support. Monitoring policy changes and technological advancements will be crucial in tracking these developments across countries.
Top countries in Total Support on End-Use Electricity for Residential Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Africa | 32.16 | 2023 | +26.04% | +62.05% | View data |
| 2 | 2 Australia | 14.53 | 2023 | -1.4% | +7.34% | View data |
| 3 | 3 United States | 13.51 | 2023 | +0.93% | +3.78% | View data |
| 4 | 4 Mexico | 10.08 | 2023 | +7.81% | +10.06% | View data |
| 5 | 5 Greece | 9.28 | 2023 | +1.27% | -0.36% | View data |
| 6 | 6 Indonesia | 6.21 | 2023 | -33.91% | -19.83% | View data |
| 7 | 7 Spain | 4.03 | 2023 | +4.76% | -0.97% | View data |
| 8 | 8 Canada | 2.04 | 2023 | +8.19% | +23.24% | View data |
| 9 | 9 Ireland | 1.72 | 2023 | -1.2% | -3.04% | View data |
| 10 | 10 Azerbaijan | 1.55 | 2023 | +23.15% | -5.13% | View data |
