Countries that require less energy per unit of GDP may fare better during a period of high energy prices.

This table shows the Kg of oil equivalent consumed per unit of GDP on a purchasing power parity basis for 32 countries, as reported by the United Nations.

This data is not a measure of energy use efficiency, because it does not distinguish between countries with high energy intensity industries (such as steel making) versus those with low energy intensity industries (such as software).

The data also does not indicate how much margin exists to be more efficient if necessary.

Interesting observations, include that the United States and China have similar energy consumption per unit of GDP, although the US figures probably include a much higher personal energy use component as part of the overall energy use.

Also, India uses only about 82% as much energy per unit of GDP PPP as China.

Russia uses the most energy to produce its GDP.

Brazil consumes less energy for its GDP PPP than Japan. Given that Brazil is essentially energy independent of the rest of the world and is an energy exporter, and given that Japan is an energy importer, Brazil might be expected to fare better than Japan when dealing with rising energy costs.

Richard Shaw
QVM Group LLC

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