The output of electricity, gas, steam, and air conditioning supply in Brazil has shown a notable upward trajectory from 2013 to 2023, increasing from 180.89 billion Brazilian Reals to 408.18 billion Brazilian Reals. The value stood at 408.18 billion Brazilian Reals in 2023.
Analyzing year-on-year variations, we see considerable growth in 2014 (16.85%) and 2015 (23.37%), followed by a decrease in 2016 (-2.6%). This growth continued to be positive from 2017 onwards, albeit at varying annual rates, with the last two years (2022 and 2023) showing modest growth rates of 5.35% and 5.02%, respectively. Over the past five years, the compound annual growth rate (CAGR) has been around 4.78%.
Looking to the future, forecasts from 2024 to 2028 indicate a continued growth trend with a forecasted 5-year CAGR of 3.3%. This suggests moderate but steady growth with a projected increase of 17.64% over the five-year period. Key future trends to watch include advances in renewable energy sources, regulatory changes, and technological innovations that could impact supply and efficiency in this sector.