Energy Use Per Unit of GDP by Country
Commodities / Energy Resources Jun 24, 2008 - 06:28 AM GMTCountries 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.
By Richard Shaw
http://www.qvmgroup.com
Richard Shaw leads the QVM team as President of QVM Group. Richard has extensive investment industry experience including serving on the board of directors of two large investment management companies, including Aberdeen Asset Management (listed London Stock Exchange) and as a charter investor and director of Lending Tree ( download short professional profile ). He provides portfolio design and management services to individual and corporate clients. He also edits the QVM investment blog. His writings are generally republished by SeekingAlpha and Reuters and are linked to sites such as Kiplinger and Yahoo Finance and other sites. He is a 1970 graduate of Dartmouth College.
Copyright 2006-2008 by QVM Group LLC All rights reserved.
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