India's GDP is growing at a rate of almost 8% per year, and energy use is growing as well, noted a latest update from the Energy Information Administration's (EIA). In recent years, India has surpassed Japan, Canada, and Germany in energy consumed. As more recent data become available, India is likely to surpass Russia as the third-highest energy consuming country.
From 2000 to 2013, China experienced rapid growth in energy consumption, overtaking the United States as the world's largest energy consumer in 2009.
Since 2013, China has consistently used approximately 40% more energy than the United States. Although growth in China's gross domestic product (GDP) has slowed over this time period, it continues to grow faster than 6% per year compared with relatively flat total energy consumption, demonstrating the country's improvements in energy intensity (GDP per unit energy).
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
