Extrapolation EU to world

Based on http://www.wolframalpha.com (checked March 29, 2019), hereby an extrapolation table demonstrating that the world is 5 to 15 times the EU. For markets that are based on demographics, a first approximation can be that the global long-term potential of a market is very roughly ’10 times EU’, or that EU represents 10% of the world market.

Region  Electricity
(TWh/yr)
Energy
(EJ/yr)
GDP
(T$/yr)
Population
(millions)
 EU  2,892 76  17.3  509
World 18,470 539 80.7  7,550
Multiplier 6.4 7.1 4.7 14.8

 

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