The GDP Energy Intensity in Japan is showing a clear downward trend from 2024 onwards. Starting at 3.06 megajoules per US dollar in 2024, it is projected to decrease to 2.81 by 2028. This represents an approximate year-on-year decrease of around 2% to 3%. In 2023, the value stood at a slightly higher level than 3.06. Over the five-year forecast period, the compound annual growth rate (CAGR) suggests an average yearly decline in energy intensity, indicating improvements in energy efficiency or shifts in economic structure towards less energy-intensive sectors.
Future trends to monitor include advancements in technology that promote energy efficiency, government policies encouraging renewable energy adoption, and potential economic structural shifts that could further reduce energy intensity. Additionally, monitoring Japan’s industrial outputs and energy policies will be crucial in contextualizing these forecasts.
