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Mapped: The States Most Prepared for Power Demand Surges

2026-04-28 23:44:00

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The following content is sponsored by National Public Utilities Council

Mapped: The States Most Prepared for Power Demand Surges

Key Takeaways

  • Florida leads all states with 3,003 MW in potential peak demand savings.
  • Alabama and Minnesota also rank highly, each exceeding 2,000 MW.
  • Rhode Island and Wyoming report no demand-response capacity.

Extreme weather, electrification, AI, and data centers are putting more pressure on America’s power grids.

As demand rises, utilities need flexible tools to reduce strain before outages occur. But which states lead on flexibility?

This graphic, in partnership with the National Public Utilities Council, shows the states most prepared for power demand surges using peak potential demand savings data from the EIA.

The States That Can Cut the Most Power Demand

Demand-response programs help utilities lower electricity use during high-stress periods. For example, customers may reduce consumption or shift usage away from peak hours, often in exchange for compensation.

Here is a table showing potential peak-demand savings in MW by state in 2024.

State Potential Peak Demand Savings in 2024 (MW)
FL 3,003
AL 2,153
MN 2,009
NC 1,858
MI 1,550
SC 1,324
GA 1,266
IL 1,143
NY 1,070
CA 1,061
TX 1,050
AR 1,024
TN 991
OK 869
NE 857
ND 854
WI 830
CO 795
IA 759
KY 732
IN 671
OH 668
MD 613
AZ 555
MS 522
ID 466
UT 336
MO 307
LA 267
DE 246
NV 200
SD 180
OR 178
VA 163
KS 143
CT 135
MA 120
WA 112
VT 72
NM 69
HI 58
MT 52
PA 43
WV 34
NJ 27
DC 20
AK 18
ME 15
NH 5
RI 0
WY 0

Florida ranks first, with 3,003 MW in potential peak demand savings. Alabama follows at 2,153 MW, while Minnesota places third at 2,009 MW.

Together, these states demonstrate how demand-response capacity can buffer the grid during grid stress. Meanwhile, data center power demand continues to rise as AI adoption grows.

The Southeast Leads the Rankings

Florida and Alabama lead the nation, supported by demand-response programs from utilities including FPL, Duke Energy Florida, Alabama Power, and TVA. North Carolina, South Carolina, and Georgia also rank in the top seven.

As a result, the Southeast stands out for its ability to manage demand spikes. These programs can help utilities avoid outages without adding new generation immediately.

Where Capacity Is Limited—and Why It Matters

At the other end, Rhode Island and Wyoming report no demand-response capacity. That leaves fewer options to cut demand when electricity use surges.

Several northeastern states, including New Hampshire, Maine, and New Jersey, also report minimal demand-response capacity.

As U.S. electricity demand rises from data center construction after years of slower growth, demand-response programs give utilities an important tool to manage peak stress.

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Ranked: The World’s 50 Largest Banks by Assets

2026-04-28 22:25:45

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Chart of the world's largest banks by assets held in 2026, broken down by country.

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Ranked: The World’s 50 Largest Banks by Assets

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • The world’s 50 largest banks hold $101.6 trillion in assets combined.
  • Chinese banks dominate the ranking, led by the four largest banks in the world.
  • JPMorgan Chase ranks fifth by assets, but remains the world’s most valuable bank by market capitalization.

Banks sit at the center of the global financial system, and the assets they hold help move credit, deposits, and liquidity through the economy.

Together, the world’s 50 largest banks hold $101.6 trillion in assets, a total approaching the world’s $111 trillion government debt load in 2025.

This graphic ranks the 50 largest banks in the world by total assets, using data from CompaniesMarketCap as of April 15, 2026. The figures represent each bank’s total assets for the most recent reporting period and include cash and cash equivalents, loans, investments, properties, and equipment.

Chinese and American Banks Hold the Most Assets

Chinese banks dominate the top of the ranking. The four largest banks in the world are all Chinese state-owned lenders: ICBC, Agricultural Bank of China, China Construction Bank, and Bank of China.

Together, those four institutions hold $25.5 trillion, or roughly one-quarter of the $101.6 trillion total of the top 50 banks.

The data table below shows the values of the 50 largest global banks’ assets, along with the country of each bank.

Rank Bank Total Assets (Billions, USD) Country
1 ICBC $7,300 🇨🇳 China
2 Agricultural Bank of China $6,800 🇨🇳 China
3 China Construction Bank $6,200 🇨🇳 China
4 Bank of China $5,300 🇨🇳 China
5 JPMorgan Chase $4,400 🇺🇸 United States
6 Bank of America $3,400 🇺🇸 United States
7 BNP Paribas $3,300 🇫🇷 France
8 HSBC $3,200 🇬🇧 United Kingdom
9 Crédit Agricole $2,800 🇫🇷 France
10 Mitsubishi UFJ Financial $2,700 🇯🇵 Japan
11 Citigroup $2,700 🇺🇸 United States
12 Postal Savings Bank of China $2,500 🇨🇳 China
13 Santander $2,200 🇪🇸 Spain
14 Bank of Communications $2,200 🇨🇳 China
15 Wells Fargo $2,200 🇺🇸 United States
16 Barclays $2,100 🇬🇧 United Kingdom
17 Sumitomo Mitsui Financial Group $2,000 🇯🇵 Japan
18 Mizuho Financial Group $1,900 🇯🇵 Japan
19 Société Générale $1,800 🇫🇷 France
20 Goldman Sachs $1,800 🇺🇸 United States
21 CM Bank $1,800 🇨🇳 China
22 Royal Bank Of Canada $1,700 🇨🇦 Canada
23 Deutsche Bank $1,700 🇩🇪 Germany
24 UBS $1,600 🇨🇭 Switzerland
25 Japan Post Bank $1,600 🇯🇵 Japan
26 Toronto Dominion Bank $1,500 🇨🇦 Canada
27 Industrial Bank $1,500 🇨🇳 China
28 Morgan Stanley $1,400 🇺🇸 United States
29 CITIC Bank $1,400 🇨🇳 China
30 Shanghai Pudong Development Bank $1,400 🇨🇳 China
31 Lloyds Banking Group $1,300 🇬🇧 United Kingdom
32 ING $1,200 🇳🇱 Netherlands
33 Intesa Sanpaolo $1,100 🇮🇹 Italy
34 China Minsheng Bank $1,100 🇨🇳 China
35 Scotiabank $1,100 🇨🇦 Canada
36 Schweizerische Nationalbank $1,100 🇨🇭 Switzerland
37 Bank of Montreal $1,100 🇨🇦 Canada
38 UniCredit $1,000 🇮🇹 Italy
39 China Everbright Bank $1,000 🇨🇳 China
40 Banco Bilbao Vizcaya Argentaria $1,000 🇪🇸 Spain
41 NatWest Group $962 🇬🇧 United Kingdom
42 Commonwealth Bank $944 🇦🇺 Australia
43 Standard Chartered $920 🇬🇧 United Kingdom
44 State Bank of India $878 🇮🇳 India
45 ANZ Bank $857 🇦🇺 Australia
46 CIBC (Canadian Imperial Bank of Commerce) $832 🇨🇦 Canada
47 Ping An Bank $820 🇨🇳 China
48 CaixaBank $780 🇪🇸 Spain
49 Nordea Bank $769 🇫🇮 Finland
50 DBS Group $699 🇸🇬 Singapore

The U.S. comes next, led by JPMorgan Chase with $4.4 trillion in assets and Bank of America with $3.4 trillion.

The rest of the top 10 is rounded out by three European banks (BNP Paribas, HSBC, Crédit Agricole) and one Japanese lender (Mitsubishi UFJ).

A large part of banks’ assets are cash and liquid assets, partly because regulators require them to withstand market stress and funding pressure.

Regional Concentration Among Global Banks

Asia leads the ranking, holding nearly half of the assets of the world’s 50 largest lenders.

Region # of Banks Average Assets per Bank Total Assets (USD, Billions)
🌏 Asia 19 $2,584 $49,097
🌍 Europe 18 $1,602 $28,831
🌎 North America 11 $2,012 $22,132
🌐 Other 2 $901 $1,801

That dominance is driven overwhelmingly by 13 Chinese banks, which alone account for about 39% of the total.

Europe ranks second, largely on volume rather than scale: it has nearly as many banks on the list as Asia (18 vs. 19), yet those institutions are generally smaller, averaging just $1.6 trillion in assets per bank compared with Asia’s $2.6 trillion.

North America is anchored by six U.S. banks and five Canadian ones, giving the region fewer banks than Europe but larger institutions on average.

Learn More on the Voronoi App

To learn about the assets held by central banks, check out this graphic, which visualizes the top 20 central banks by assets.

Mapped: The States Landing the Most Foreign Investment

2026-04-28 19:45:50

See more visualizations like this on the Voronoi app.

Map showing foreign direct investment by state from 2020 to 2025.

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The States Landing the Most Foreign Investment

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • Arizona leads by a wide margin, attracting nearly $200B in foreign investment since 2020.
  • The top five states account for over half of all announced investment.
  • Semiconductor, EV, and clean energy projects are driving the largest commitments.

Since 2020, nearly $1 trillion in foreign capital has been committed to U.S. projects—often through a small number of very large investments.

Using data from fDi Intelligence, this map shows where that capital is being deployed, based on announced commitments between 2020 and 2025.

Arizona accounts for the largest share at nearly $200 billion, driven by major semiconductor projects. Other leading states, including Texas, North Carolina, and Georgia, are attracting investment tied to EVs, clean energy, and advanced manufacturing.

Arizona Leads in U.S. Foreign Investment

Arizona captured over 20% of total U.S. foreign capital commitments since 2020, fueled by TSMC’s $165 billion megaproject.

As the largest single foreign direct investment (FDI) project in U.S. history, it highlights how semiconductor manufacturing is becoming a cornerstone of domestic industrial policy. Over the next decade, these facilities are expected to generate thousands of jobs and anchor long-term supply chains in the region.

The table below ranks all states by announced FDI. The top five alone account for more than half of total inflows, reflecting how a small number of large projects are shaping the national picture.

Rank State or District Foreign Direct Investment
2020-2025
Share
1 Arizona $196.2B 20.3%
2 Texas $158.3B 16.4%
3 North Carolina $49.9B 5.2%
4 California $49.9B 5.2%
5 Georgia $41.2B 4.3%
6 New York $38.7B 4.0%
7 Louisiana $37.4B 3.9%
8 Indiana $29.5B 3.1%
9 Tennessee $25.4B 2.6%
10 Ohio $25.2B 2.6%
11 Illinois $24.9B 2.6%
12 Kentucky $23.8B 2.5%
13 Florida $23.0B 2.4%
14 South Carolina $21.9B 2.3%
15 Michigan $18.2B 1.9%
16 Virginia $17.7B 1.8%
17 Pennsylvania $17.4B 1.8%
18 New Jersey $12.6B 1.3%
19 Alabama $11.6B 1.2%
20 Oklahoma $11.2B 1.2%
21 Maryland $10.2B 1.1%
22 Massachusetts $9.9B 1.0%
23 Colorado $9.1B 0.9%
24 New Mexico $8.3B 0.9%
25 Nevada $8.2B 0.8%
26 Kansas $7.5B 0.8%
27 Wisconsin $7.4B 0.8%
28 West Virginia $6.3B 0.7%
29 Washington $5.7B 0.6%
30 Mississippi $5.5B 0.6%
31 Missouri $5.4B 0.6%
32 Utah $4.9B 0.5%
33 Oregon $4.7B 0.5%
34 Arkansas $4.5B 0.5%
35 Minnesota $4.3B 0.4%
36 Connecticut $3.4B 0.3%
37 Alaska $3.2B 0.3%
38 North Dakota $2.8B 0.3%
39 Vermont $2.6B 0.3%
40 Idaho $2.6B 0.3%
41 South Dakota $2.5B 0.3%
42 Wyoming $2.5B 0.3%
43 Maine $2.3B 0.2%
44 New Hampshire $1.8B 0.2%
45 Iowa $1.8B 0.2%
46 Delaware $1.7B 0.2%
47 Nebraska $1.2B 0.1%
48 Washington D.C. $1.1B 0.1%
49 Rhode Island $850M 0.1%
50 Hawaii $590M 0.1%
51 Montana $130M 0.01%

Texas attracted $158 billion in investment, led by Samsung’s $44 billion chip facility. Beyond semiconductors, the state is also seeing strong inflows into data centers and clean energy, reinforcing its position as one of America’s top investment hubs.

Automakers are also investing heavily in the Southeast. Toyota is building a $13.9 billion EV battery plant in North Carolina, while Hyundai is investing $12.7 billion in Georgia, cementing the region’s role in EV supply chains.

The States Being Left Behind

Beyond the top tier, investment levels drop off quickly. While leading states are attracting tens—or even hundreds—of billions, many others are seeing only modest inflows.

Overall, 20 states attracted less than $5 billion each, with Montana ($130 million), Hawaii ($590 million), and Rhode Island ($850 million) ranking at the bottom.

Many of these states have smaller labor pools that limit their ability to support large-scale projects. Meanwhile, higher-cost states like Oregon and Minnesota face regulatory pressures that may be limiting their ability to capture more investment.

Instead, foreign investment is increasingly clustering in states that can support large-scale industrial projects—particularly in semiconductors, EVs, and clean energy—leaving much of the country on the sidelines.

Learn More on the Voronoi App

To learn more about this topic, check out this graphic on the share of U.S. exports by state.

Mapped: The Countries Most in Debt to the IMF

2026-04-28 17:34:04

Mapped: The Countries Most in Debt to the IMF

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • Argentina owes over $60B to the IMF—far more than any other country.
  • More than 80 countries currently owe the IMF, spanning every region.
  • African nations make up the largest share of borrowers, though typically with smaller loans.

Dozens of countries are currently relying on the International Monetary Fund as economic pressures strain public finances.

This map, created by Iswardi Ishak using International Monetary Fund (IMF) data, shows outstanding IMF credit by country as of April 2026.

While borrowing is widespread, a handful of countries account for a disproportionate share—led by Argentina, which stands far ahead of the rest.

The Biggest IMF Borrowers

Argentina isn’t just the largest IMF borrower—it’s in a league of its own, owing nearly four times more than the next-largest country.

With over $60 billion in outstanding credit, Argentina’s total reflects a long cycle of inflation crises, currency instability, and repeated IMF programs stretching back decades.

Below, we break down the global distribution of IMF debt and highlight the largest borrowers.

Rank Member IMF Debt (USD, millions) IMF Debt as share of GDP (%)
1 🇦🇷 Argentina 60,176 8.7
2 🇺🇦 Ukraine 15,481 6.9
3 🇪🇬 Egypt 10,669 2.5
4 🇵🇰 Pakistan 10,500 2.6
5 🇪🇨 Ecuador 10,082 7.3
6 🇨🇮 Côte d'Ivoire 5,189 5.3
7 🇰🇪 Kenya 4,216 2.9
8 🇧🇩 Bangladesh 4,157 0.8
9 🇬🇭 Ghana 3,947 3.3
10 🇦🇴 Angola 3,510 2.3
11 🇨🇩 Congo (DRC) 3,201 3.5
12 🇨🇷 Costa Rica 2,555 2.3
13 🇪🇹 Ethiopia 2,541 2.1
14 🇱🇰 Sri Lanka 2,537 2.6
15 🇯🇴 Jordan 2,371 3.7
16 🇹🇿 Tanzania 1,923 2.0
17 🇿🇲 Zambia 1,831 4.4
18 🇨🇲 Cameroon 1,684 2.6
19 🇸🇩 Sudan 1,428 3.2
20 🇺🇬 Uganda 1,378 1.9
21 🇲🇦 Morocco 1,350 0.7
22 🇯🇲 Jamaica 1,278 5.6
23 🇵🇬 Papua New Guinea 1,237 3.6
24 🇷🇸 Serbia 1,226 1.1
25 🇸🇳 Senegal 1,214 3.0
26 🇧🇯 Benin 1,163 4.2
27 🇲🇩 Moldova 1,016 4.6
28 🇲🇬 Madagascar 988 4.7
29 🇷🇼 Rwanda 830 4.8
30 🇳🇪 Niger 674 2.7
31 🇭🇳 Honduras 658 1.6
32 🇸🇷 Suriname 620 10.5
33 🇹🇩 Chad 610 2.4
34 🇧🇧 Barbados 574 6.8
35 🇳🇵 Nepal 565 1.2
36 🇹🇳 Tunisia 555 0.9
37 🇲🇷 Mauritania 543 3.8
38 🇲🇱 Mali 520 1.5
39 🇬🇦 Gabon 514 2.2
40 🇸🇱 Sierra Leone 506 6.1
41 🇨🇬 Congo, Republic of 499 3.2
42 🇦🇫 Afghanistan 499 2.5
43 🇧🇫 Burkina Faso 480 1.5
44 🇬🇪 Georgia 466 1.1
45 🇹🇬 Togo 432 3.2
46 🇬🇳 Guinea 422 1.4
47 🇲🇼 Malawi 388 2.1
48 🇸🇸 South Sudan 354 6.2
49 🇵🇾 Paraguay 334 0.6
50 🇨🇫 Central African Republic 299 8.6
51 🇲🇰 North Macedonia 278 1.5
52 🇱🇷 Liberia 264 4.7
53 🇸🇻 El Salvador 248 0.6
54 🇲🇲 Myanmar 236 0.3
55 🇭🇹 Haiti 221 0.6
56 🇬🇲 The Gambia 217 7.8
57 🇽🇰 Kosovo 205 1.5
58 🇹🇯 Tajikistan 180 0.9
59 🇸🇴 Somalia 168 1.2
60 🇸🇨 Seychelles 149 6.6
61 🇧🇮 Burundi 144 1.8
62 🇺🇿 Uzbekistan 119 0.1
63 🇨🇻 Cabo Verde 118 3.4
64 🇰🇬 Kyrgyzstan 88 0.4
65 🇲🇳 Mongolia 82 0.3
66 🇬🇼 Guinea-Bissau 81 2.7
67 🇦🇲 Armenia 71 0.2
68 🇳🇮 Nicaragua 62 0.3
69 🇬🇶 Equatorial Guinea 45 0.3
70 🇸🇹 Sao Tome & Principe 44 4.5
71 🇩🇯 Djibouti 41 0.9
72 🇧🇦 Bosnia and Herzegovina 38 0.1
73 🇰🇲 Comoros 38 2.1
74 🇱🇨 St. Lucia 28 1.1
75 🇻🇨 St. Vincent and the Grenadines 27 2.3
76 🇲🇻 Maldives 24 0.3
77 🇬🇩 Grenada 23 1.6
78 🇼🇸 Samoa 21 1.5
79 🇦🇱 Albania 21 0.1
80 🇹🇴 Tonga 20 2.8
81 🇱🇸 Lesotho 15 0.5
82 🇩🇲 Dominica 13 1.7
83 🇸🇧 Solomon Islands 9 0.5

The next largest borrowers include Ukraine, Egypt, and Pakistan. Meanwhile, dozens of countries owe under $1 billion, particularly across Africa.

Suriname stands out on a relative basis rather than in absolute terms. The South American nation has the highest IMF debt as a share of GDP, reflecting a severe economic crisis in the early 2020s. After years of fiscal mismanagement, declining oil revenues, and mounting external debt, Suriname defaulted on its sovereign obligations in 2020.

This triggered an IMF-supported restructuring program aimed at stabilizing public finances and curbing inflation. The adjustment process has involved significant austerity measures and currency depreciation.

Why Countries Turn to the IMF

Countries typically borrow from the IMF during periods of economic distress. These situations often fall into a few common categories:

  • Balance of payments crises: When nations cannot pay for imports or service external debt.
  • Currency instability: Sharp devaluations or loss of foreign reserves.
  • Fiscal imbalances: Large government deficits and rising public debt.

For example, Argentina has repeatedly sought IMF assistance amid inflation and currency crises, while nations like Sri Lanka and Pakistan have turned to the IMF during severe external debt pressures.

How IMF Debt Works

Unlike traditional loans, IMF financing is denominated in Special Drawing Rights (SDRs), an international reserve asset created by the IMF. SDRs are based on a basket of major currencies:

  • U.S. dollar
  • Euro
  • Chinese yuan
  • Japanese yen
  • British pound

Countries receive SDR allocations or loans, which can then be exchanged for hard currency. For this dataset, IMF figures were converted into U.S. dollars (roughly $1.44 per SDR).

Africa’s Prominent Role Among Borrowers

Africa stands out not for the size of its IMF loans, but for how widespread they are. The continent has the highest number of borrowing countries, reflecting persistent structural challenges that make external financing a recurring necessity.

This reflects structural challenges such as:

  • Commodity dependence
  • Limited fiscal capacity
  • Exposure to external shocks

Many African nations borrow relatively smaller amounts, but their reliance on IMF support is widespread.

Criticism and Controversy

Despite its role as a financial backstop, the IMF has faced criticism over its policy conditions. Loan programs often require economic reforms, such as austerity measures, that can be politically and socially challenging.

Critics argue these conditions can slow growth or worsen inequality, while supporters say they are necessary for long-term stability.

Learn More on the Voronoi App

Explore related insights on global debt dynamics in this visualization: Africa’s Chinese Debt.

Ranked: The World’s Biggest Coal Consumers

2026-04-28 11:53:57

Ranked: The World’s Biggest Coal Consumers

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • China accounts for 55.8% of global coal consumption, using more than the rest of the world combined.
  • China and India together make up nearly 70% of global coal demand.
  • The U.S. ranks third at 4.8%, followed by Indonesia (2.9%) and Japan (2.7%).
  • Vietnam and Indonesia saw the fastest coal consumption growth from 2023 to 2024.

Coal consumption is highly concentrated among a small number of major economies, with China sitting far ahead of every other country.

This chart ranks the world’s largest coal consumers using data from the Statistical Review of World Energy 2025, highlighting how demand is distributed across major economies.

China’s Outsized Role in Global Coal Use

China consumed 92.2 exajoules of coal in 2024, equal to 55.8% of the global total. This reflects the scale of the country’s industrial base, electricity needs, and continued reliance on coal-fired power, even as it rapidly expands renewable energy capacity.

Below we list the biggest coal consumers based on 2024 data:

Rank Country Exajoules of coal use (2024) Share
1 🇨🇳 China 92.2 55.8%
2 🇮🇳 India 23.0 13.9%
3 🇺🇸 U.S. 7.9 4.8%
4 🇮🇩 Indonesia 4.7 2.9%
5 🇯🇵 Japan 4.5 2.7%
6 🇷🇺 Russia 3.8 2.3%
7 🇿🇦 South Africa 3.5 2.1%
8 🇰🇷 South Korea 2.9 1.7%
9 🇻🇳 Vietnam 2.5 1.5%
10 🇹🇷 Türkiye 1.8 1.1%
11 🇩🇪 Germany 1.6 1.0%
12 🇦🇺 Australia 1.5 0.9%
13 🇰🇿 Kazakhstan 1.5 0.9%
14 🌍 Other 13.8 8.4%
15 🌐 World Total 165.1 100.0%

Together, China and India account for nearly 70% of global coal consumption, underscoring how concentrated demand is between the world’s two most populous countries.

Beyond these two giants, the U.S. ranks third with 4.8% of global consumption, followed by Indonesia (2.9%), Japan (2.7%), and Russia (2.3%).

Where Coal Consumption is Still Growing

As countries transition toward cleaner energy, coal demand is moving in different directions. While usage has declined in many advanced economies, it continues to rise in several fast-growing countries where energy demand is still expanding.

The following table shows where coal use grew the most in top coal consumers between 2023 and 2024:

Country 2023 (Exajoules) 2024 (Exajoules) Change
🇻🇳 Vietnam 2.3 2.5 9.3%
🇮🇩 Indonesia 4.3 4.7 9.0%
🇹🇷 Türkiye 1.7 1.8 7.1%
🇮🇳 India 22.1 23.0 3.7%
🇿🇦 South Africa 3.4 3.5 1.9%
🇨🇳 China 90.7 92.2 1.4%

Vietnam saw the biggest increase at 9.3%, followed closely by Indonesia at 9.0%. Türkiye also posted strong growth at 7.1%, while India’s consumption rose by 3.7%.

Even China, already the world’s largest coal consumer by a wide margin, saw demand rise by 1.4% in 2024.

While coal use is declining across much of the West, it continues to grow in several emerging economies—highlighting the uneven pace of the global energy transition.

Editor’s note: A previous version of this post had incorrect data. It has now been updated to reflect the most recent data based on the Statistical Review of World Energy published in 2025.

Learn More on the Voronoi App

See the biggest sources of energy around the world in every country in this global map.

Ranked: Global Helium Production by Country

2026-04-28 02:47:09

See more visuals like this on the Voronoi app.

Bubble chart about global helium production by country

Use This Visualization

Global Helium Production by Country

See visuals like this from many other data creators on our Voronoi app. Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • The U.S. and Qatar produce over 75% of the world’s helium, making supply highly concentrated.
  • Helium is essential for semiconductors, MRI machines, and aerospace systems.
  • Supply disruptions—like tensions in the Middle East—can quickly ripple across global tech industries.

Helium is often associated with party balloons, but its importance extends far beyond celebrations.

This rare gas is one of the most strategic gases in the world, and it’s essential for advanced technologies, including semiconductor manufacturing, aerospace systems, and medical imaging.

This visual highlights how global helium production is concentrated among a few key countries. The data for this visualization comes from USGS Mineral Commodity Summaries 2026.

A Duopoly Controls Global Helium Supply

The global helium market is unusually concentrated, with just two countries dominating supply. This creates a structural vulnerability: any disruption in either country can have outsized effects on global industries that rely on helium.

The United States leads global helium production, accounting for 42.6% of output in 2025. This figure includes helium imported from Canada and refined domestically, boosting its share.

Qatar ranks second with 33.2%, meaning the two countries together dominate global supply.

Country Production (Cubic Feet) World Production (%)
🇺🇸 United States 2,860 42.6%
🇶🇦 Qatar 2,225 33.2%
🇷🇺 Russia 636 9.5%
🇩🇿 Algeria 388 5.8%
🇨🇦 Canada 212 3.2%
🇨🇳 China 106 1.6%
🇵🇱 Poland 106 1.6%
🇿🇦 South Africa 18 0.3%
🌍 Other 159 2.4%
🌐 World Total 6,710 100.0%

Recent tensions around the Strait of Hormuz—a critical shipping route for Qatar—highlight how fragile helium supply chains can be. Any disruption to exports from the region can quickly impact countries like South Korea, where semiconductor manufacturing depends on steady helium imports.

Russia’s Output Faces Market Constraints

Russia produces about 9.5% of the world’s helium, placing it third globally. However, its ability to supply Western markets is limited by EU sanctions on Russian helium imports.

Meanwhile, China accounts for a relatively small share of global helium production, contributing about 1.6% in 2025. Despite its limited domestic supply, the country is a major consumer due to its large semiconductor and electronics industries. This imbalance makes China heavily reliant on imports to meet its growing demand.

Helium’s Expanding Industrial Role

Helium demand is tightly linked to high-tech and medical industries, where reliability is critical and substitutes are limited.

Scientific research accounts for 22% of global consumption, followed by semiconductor production and lifting gas applications at 17% each. Medical use, particularly in MRI machines, represents another 15% of demand.

As demand grows across semiconductors, healthcare, and scientific research, helium is becoming less of a niche resource and more of a strategic one. With supply concentrated in just a handful of countries, securing reliable access is emerging as a priority for governments and industries alike.

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