Energy productivity of the European economy

Eurostat dataset
sdg_07_30
Reference period
2024
Unit of measure
euro per kilogram of oil equivalent

Key estimates

  • EU aggregate (2024): 10.0 euro per kilogram of oil equivalent.
  • Highest value: Ireland at 27.0 euro per kilogram of oil equivalent; lowest: Iceland at 2.27 euro per kilogram of oil equivalent.
  • Cross-country mean 8.25 euro per kilogram of oil equivalent, standard deviation 4.85, coefficient of variation 58.8% across 35 reporting countries.
  • Aggregate change 2013→2024: +39.3% on a constant panel of 34 countries.
Energy productivity of the European economy

How efficiently does each economy convert energy into output? Eurostat dataset sdg_07_30 reports energy productivity of the European economy for 35 reporting countries, with 2024 as the most recent period carrying broad coverage. The European aggregate stands at 10.0 euro per kilogram of oil equivalent. Energy productivity states how much output each unit of energy buys, isolating efficiency from the energy mix.

The five highest values in 2024 are recorded by Ireland (27.0), Denmark (17.9), Luxembourg (15.1), Norway (14.1), Italy (12.1), all expressed in euro per kilogram of oil equivalent. At the opposite end of the distribution sit Iceland (2.27), Bosnia and Herzegovina (2.64), Serbia (2.80), Bulgaria (3.03), North Macedonia (3.75). The ratio between the highest and the lowest observation is 11.89, while the median country reports 6.84 euro per kilogram of oil equivalent against a mean of 8.25 euro per kilogram of oil equivalent.

Dispersion is wide: the standard deviation across countries is 4.85 euro per kilogram of oil equivalent, giving a coefficient of variation of 58.8%. The mean sits above the median, which indicates that the distribution is pulled by the upper tail rather than being symmetric. Any European average quoted for this indicator therefore describes a synthetic country that few Member States resemble.

Between 2013 and 2024 the summed value across the 34 countries reporting in both periods moved by +39.3%. The largest relative increases are observed in Ireland (+110.0%), Estonia (+73.7%), Albania (+50.0%); the largest decreases, or the smallest increases, in Finland (+12.0%), Türkiye (+13.3%), Montenegro (+21.1%). Because the panel is held constant, this change is not an artefact of countries entering or leaving the sample.

Higher values are the policy-preferred direction for this indicator, so the countries listed at the bottom of the distribution mark the effective size of the European gap: closing it to the level of the fifth-ranked country would require the lowest performer to move by 9.85 euro per kilogram of oil equivalent. The estimates above are reproducible: the dataset identifier, filter dimensions and reference period are stated in the methodological note, and the series can be re-downloaded from the Eurostat dissemination API at any time.

Methodological note

Source: Eurostat, dataset sdg_07_30 ('Energy productivity'), extracted from the Eurostat dissemination API (JSON-stat 2.0) on the dataset update of 2026-04-21. Filter dimensions: unit=EUR_KGOE. Unit of measure: euro per kilogram of oil equivalent. Reference period: 2024. Geographic perimeter: national reporting units with two-character geo codes (35 countries with a non-missing observation); European and euro-area aggregates are excluded from the cross-country statistics and reported separately. Descriptive statistics (mean, median, population standard deviation, coefficient of variation) are computed unweighted over reporting countries. Change over time is computed on a constant panel: only countries with a non-missing observation in both the base and the reference period enter the calculation, which removes composition effects but may differ from the officially published aggregate. No imputation, seasonal adjustment or re-scaling has been applied beyond what Eurostat performs at source. Flagged provisional and estimated observations are retained as published.

Source data

The underlying series can be inspected and re-downloaded from the Eurostat data browser.

Dataset in preparation