World energy balances and indicators

The International Energy Agency (IEA) recently released the 2019 edition of its World Energy Balances databases, with complete energy balances and indicators for over 160 countries and regions up to 2017 and selected data for 2018. The latest data show that world energy production was 14 035mn toe in 2017 – a 2.2% increase compared to 2016. This increase was driven by coal and natural gas, both increasing by more than 120mn toe in 2017, and renewables other than hydro and biofuels, which grew by slightly more than 30mn toe.

Oil production was stable, and fossil fuels together accounted for 81.3% of production in 2017.

While energy production of all fuels is very concentrated, with over half of production concentrated in fewer than five countries (and in some cases only two countries), there is significant variation. China produced almost half of world coal in 2017, and almost a third of hydro, while the US and France combined produced almost 50% of all nuclear. Saudi Arabia, Russia and the US contributed slightly less than 40% of the world crude oil, while Russia and the US also accounted for 40% of world natural gas.

The only notable change in energy production in 2017 compared to 2016 is that Canada replaced Qatar as the fourth largest producer of natural gas.

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