Top 10 Biggest Energy Economies By Revenue, GDP & Jobs

Energy is big money and big business, but which countries are making the biggest bucks?

Here at British Business Energy, we’ve taken it upon ourselves to find out what the numbers really look like inside the industry.

Which countries generate the most revenue? And just how much does that contribute to their economies?

Top 10 Largest Energy Economies In The World By Revenue

Discover the world’s biggest earners from the energy industry. We combined the value of each country’s energy companies to find out who makes the most.

1. USA - $1,234 billion
2. China - $837 billion
3. Russia - $464 billion
4. Netherlands - $388 billion
5. India - $351 billion
6. United Kingdom - $325 billion
7. Japan - $279 billion
8. France - $262 billion
9. Italy - $169 billion
10. Canada - $106 billion

Top 10 Largest Energy Economies Based Share of GDP

How much does the energy industry contribute to each country’s GDP?

1. Netherlands - 46.76%
2. Russia - 29.41%
3. Norway - 19.66%
4. Hong Kong - 17.00%
5. Thailand - 16.36%
6. India - 13.25%
7. Hungary - 12.91%
8. United Kingdom - 12.34%
9. France - 10.13%
10. Portugal - 8.84%

Top 10 Energy Economies Based on Share of Employment and Jobs

Being one of the world’s largest demands, the energy sector has an increasing number of opportunities for workers – but which countries have the highest number of energy employees compared to their working population?

The list below ranks countries based on the number of jobs out of 1,000 are related to the energy industry.

1. Hong Kong - 18
2. Russia - 17
3. Netherlands - 9
4. France - 9
5. Norway - 8
6. Hungary - 6
7. Austria - 5
8. Italy - 4
9. USA - 3
10. United Kingdom - 3

Top 10 Countries Based on Renewable Energy Investment & Plans

1. USA - 7
2. Brazil - 6.5
3. India - 6.3
4. Hungary - 5.5
5. Argentina - 5.5
6. South Korea - 5.5
7. Poland - 5.2
8. Spain - 5.1
9. Denmark - 5.0
10. Germany - 5.0

 

Sources:

• https://top250.platts.com/
• https://www.thomsonreuters.com/en/products-services/energy/top-100.html
  
• https://www.bloomberg.com/profile/company/RDSG1:LN
  
• https://www.theguardian.com/business/2020/jan/03/royal-dutch-shell-may-fail-to-reach-green-energy-targets
  
• https://www.npr.org/2019/09/30/763844598/how-big-oil-of-the-past-helped-launch-the-solar-industry-of-today?t=1585300997117
  
• https://www.rechargenews.com/wind/equinor-sets-2035-renewables-target-to-become-offshore-wind-major/2-1-751375
  
• https://www.scmp.com/business/commodities/article/1621627/sinopec-seeks-commercialise-geothermal-energy
  
• https://oilprice.com/Latest-Energy-News/World-News/Russias-Biggest-Oil-Firm-To-Invest-5B-In-Green-Projects.html
  
• http://www.chinadaily.com.cn/a/201904/22/WS5cbd043ba3104842260b766b.html
  
• https://www.evwind.es/2017/07/08/chinas-top-coal-producer-china-shenhua-energy-has-started-building-its-first-offshore-wind-power-plant/60399
  
• https://www.eon.com/
  
• https://www.bangkokpost.com/business/1705656/oil-giant-ptt-boosts-renewables-funding-over-uncertain-crude-outlook
  
• https://www.ft.com/content/fe0074f4-53e9-11ea-8841-482eed0038b1
  
• https://renewablesnow.com/news/petrobras-seeks-to-develop-flexible-solar-panels-via-new-rd-deal-643452/
  
• https://renewablesnow.com/news/colombias-ecopetrol-commissions-21-mwp-solar-farm-673217/
  
• https://www.prnewswire.com/news-releases/marathon-petroleum-corp-establishes-greenhouse-gas-emissions-goal-and-links-goal-to-executive-and-employee-compensation-programs-301015987.html
  
• https://www.pv-magazine.com/2019/10/09/repsol-sets-up-renewables-unit/
  
• https://energy.economictimes.indiatimes.com/news/renewable/coal-india-sets-20-gw-solar-power-generation-target-in-next-10-yrs/63566675
  
• https://www.orlen.pl/EN/PressOffice/Pages/PKN-ORLEN-a-step-closer-to-building-an-off-shore-wind-farm-in-the-Baltic-Sea-.aspx
  
• https://www.theclimategroup.org/
  
• https://www.pv-magazine.com/2019/05/23/hungarian-oil-and-gas-provider-mol-enters-the-hydrogen-business/
  
• https://www.greencarcongress.com/2019/12/20191209-hollyf.html
  
• https://www.ft.com/content/918e31cc-3dd1-11ea-a01a-bae547046735
  
• https://www.livemint.com/Industry/GghMMAV2Pwvfwhs1SJhx9M/Power-Grid-Corp-of-India-girds-up-for-solar-challenge.html
  
• https://www.utilitydive.com/news/sempra-energy-completes-renewables-exit-with-closure-of-724-mw-aep-wind-dea/553341/
  
• https://renewablesnow.com/news/tokyo-gas-lands-in-mexico-with-50-stake-in-renewables-jv-with-engie-680583/
  
• https://www.reuters.com/article/argentina-energy/argentinas-ypf-luz-clinches-150-million-in-loans-for-windfarm-in-santa-cruz-idUSL1N29J19U
  
• https://www.towngas.com/en/Social-Responsibility/Environmental-Protection/Green-Businesses
  
• http://www.corporatecritic.org/
  
• https://data.worldbank.org/