Key Market Indicators
Filipina energy consumption is set to reach 2.24 exajoules by 2026. That's an average growth of 1.8% year on year from 1.96 exajoules in 2021. Since 1970, Filipina demand has increased by 2.4% year on year. In 2021, the country ranked 40th, with Uzbekistan overtaking at 1.96 exajoules. The United States, India and Russia ranked 2nd, 3rd and 4th respectively. Filipina energy supply is set to reach 68.6 million tonnes of oil equivalent by 2026, a 1.6% year on year compound annual growth rate from 61.54 million tonnes of oil equivalent in 2021. Since 1976, supply has grown by 1.9% year on year. In 2021, the country ranked 33rd, with Algeria overtaking at 61.54 million tonnes of oil equivalent. The United States, India and Russia ranked 2nd, 3rd and 4th respectively.