Key Market Indicators
Armenia's energy supply is set to reach 3.4 million tonnes of oil equivalent by 2026, growing at an average rate of 0.6% year-on-year. Since 1995, the country's energy supply has grown at an average rate of 0.8% year-on-year. In 2021, Armenia was ranked 124th in terms of energy supply, with Luxembourg at the top with 3.25 million tonnes of oil equivalent. The US, India and Russia ranked second, third and fourth respectively.