In 2023, South Africa led in Global Direct Transfer on End-Use Electricity, with a notable year-on-year increase of 67.42%, reaching a value of 4.21 billion USD. Mexico followed closely, achieving a 17.43% increase. On the other hand, countries like Indonesia, Ukraine, and Argentina experienced declines of 13.28%, 0.41%, and 26.1% respectively. Noteworthy are Belgium, with a 12.13% increase, and Armenia, which saw a significant 48.42% rise.
Looking ahead, future trends may include the expansion of renewable energy investments, technological advancements in electricity distribution, and global efforts towards carbon neutrality, impacting direct transfers across countries.
Top countries in Direct Transfer on End-Use Electricity for All Beneficiaries or Sectors by Country
| # | 10 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Africa | 4,210 | 2023 | +26.72% | +67.42% | View data |
| 2 | 2 Mexico | 4,190 | 2023 | +8.54% | +17.43% | View data |
| 3 | 3 Indonesia | 1,580 | 2023 | -20.83% | -13.28% | View data |
| 4 | 4 Australia | 1,300 | 2023 | +1.3% | +10.08% | View data |
| 5 | 5 Spain | 626.01 | 2023 | +6.54% | +1.33% | View data |
| 6 | 6 Ukraine | 302.68 | 2023 | +7.84% | -0.41% | View data |
| 7 | 7 Argentina | 124.25 | 2023 | -36.38% | -26.1% | View data |
| 8 | 8 Ireland | 111.1 | 2023 | -2.33% | -2.75% | View data |
| 9 | 9 Azerbaijan | 110.51 | 2023 | +27.58% | -2.32% | View data |
| 10 | 10 Belgium | 66.14 | 2023 | +6.71% | +12.13% | View data |
