In 2024, Norway leads European Energy HICP, reflecting a sharp rise among Northern European nations. The Netherlands, Estonia, and Belgium also show high values, indicating similar regional challenges. Few countries, such as Malta, have notably lower values.
Year-on-year variation highlights significant increases, especially in the Netherlands and Estonia, while Norway, Belgium, and Sweden show double-digit growth. Central and Eastern European countries like Hungary, Serbia, and Macedonia exhibit moderate upward trends. Kosovo and Albania maintain no increase.
Future trends to watch include renewable energy impacts, geopolitical shifts affecting supply and prices, and policy changes aimed at reducing energy dependency and costs across Europe.
Top countries in Energy HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 215 | 2022 | +26.62% | +12.71% | View data |
| 2 | 2 Netherlands | 207.32 | 2022 | +70.52% | +16.2% | View data |
| 3 | 3 Estonia | 204.57 | 2022 | +64.86% | +15.03% | View data |
| 4 | 4 Belgium | 202.91 | 2022 | +57.91% | +13.19% | View data |
| 5 | 5 Sweden | 165.93 | 2022 | +31.41% | +9.29% | View data |
| 6 | 6 Italy | 165.9 | 2022 | +51.37% | +10.92% | View data |
| 7 | 7 Lithuania | 165.66 | 2022 | +55.94% | +11.26% | View data |
| 8 | 8 Latvia | 163.4 | 2022 | +48.84% | +11.02% | View data |
| 9 | 9 Ireland | 159.1 | 2022 | +41.3% | +10.29% | View data |
| 10 | 10 Luxembourg | 157.65 | 2022 | +35.55% | +10.23% | View data |