Markets

Insider Trading

Hedge Funds

Retirement

Opinion

15 Countries That Waste the Most Water

In this article, we take a look at the 15 countries that waste the most water per capita. You can skip our detailed  water-treatment-industry analysis and go directly to the 5 Countries That Waste the Most Water.

Global Water Treatment Industry Trends

Water availability is becoming an environmental issue in many places. In some regions, droughts are becoming more common, negatively impacting people’s health and productivity. On a global level, water scarcity and droughts have become a threat to sustainable development and biodiversity.

While the world produces approximately 380 trillion liters of wastewater each year, 2.4 billion people live in water-stressed countries as of 2020 data. According to the UN SDG 6, 2.2 billion people lacked safely-managed drinking water, including 703 million without basic water service in 2022. 2 billion people had no basic hand washing facilities, whereas 3.5 billion people lacked safely-managed sanitation.  

All these numbers show that while wastewater quantity is on the rise, there’s a high demand for clean water in the world. By 2030, if the wastewater treatment industries don’t quadruple in size, billions of more people will lack access to these necessities. By managing and treating water more efficiently, countries can better manage their food and energy production and further contribute to decent work and economic growth.

Entering 2024 with climate change, growing population, and advancement in technologies, the market of wastewater treatment is also evolving. The main reason for the growth in the water treatment market is the depletion of freshwater resources, which is worrisome on a global level. Therefore, the market has adopted new trends and techniques to better manage and treat wastewater. 

Digitalization is one of the most significant trends adopted in the wastewater treatment industry. With increasing global water demand and the need to develop infrastructure, digital water management has become a crucial part of the water treatment industry. It helps in better control over the quality and quantity of the water, using technologies like Artificial Intelligence (AI), geographic information systems (GIS), digital twins, and augmented or virtual reality. PipePredict is one of the companies that delivers digital leakage detection using AI, sensors, and digital twins.

Outlook: 10 Years From Now

The global water and wastewater treatment market size is expected to grow to around USD 572.2 billion by 2032 from USD 295 billion in 2022, with a CAGR of 6.9%, as noted by Precedence Research. In 2023, the market cap was USD 313.88 Billion, and the total water consumption stood at around 4 trillion m3 annually.

Out of the total global consumption, approximately 10% of water is wasted annually. The countries using the most water are India and China. On the other hand, Costa Rica has the least annual water waste production, 42.09 m3 per capita. In terms of cities, Mexico is the city that wastes the most water — around 44% of its water consumption goes as wastewater. In the list within this article, I’ll discuss more about the countries that waste the most water.

From washing dishes to watering plants, water waste production happens all the time. In our houses, a leaked toilet alone can waste around 15,000 gallons of water a month. Water may be a commodity that we don’t think much of while using, but it’s essential for our existence. On the industrial level, the use and waste of water has increased significantly more. In the United States alone, 300 billion cubic meters (m3) of water are used by the industrial sector annually. So naturally, the water industry is a multibillion-dollar one. 

The key players in the water industry are American Water Works (NYSE: AWK), Essential Utilities (NYSE: WTRG), Xylem Inc. (NYSE: XYL), and American States Water Company (NYSE: AWR). Together, they share a total market cap of USD57.71 billion, with American Water Works (NYSE: AWK) having a market cap of 24.40 billion USD, Essential Utilities (NYSE: WTRG) having a market cap of 10.07 billion USD, and American States Water Company (NYSE: AWR) having a market cap of 2.84 billion USD.

These numbers are likely to go up as many climate experts expect droughts and extreme weather events to become more common in the coming years, which will likely raise water prices. For the same reason, leading companies in the water industry have begun looking at expansion and growth plans. By 2025, Essential Utilities (NYSE: WTRG) aims to invest about $3.3 billion towards the improvement of its water, wastewater, and natural gas infrastructure. Similarly, American Water Works (NYSE: AWK) plans to invest about $15 billion in its operations by 2027. American States Water Company (NYSE: AWR) has not yet discussed its plans for expansion and investments, but they are making significant strides. In 2023, the company’s well-known subsidiary, Pennsylvania American Water, sealed the deal for the acquisition of Appalachian Utilities, Inc.

Also see 10 Biggest Problems in the World and Companies Trying to Solve Them and 20 Most Important Companies in the World.

A biohazard waste disposal team safely transferring contaminated water for treatment.

Our Methodology

For our list of the most water-wasting countries, we used data from OECD, a report published by the UN Statistics Division, and a research study published by Earth System Science Data. We ranked countries based on their annual wastewater generation. We’ve also discussed annual water consumption and withdrawal within the list. The list is in an ascending order metrics-wise.

By the way, Insider Monkey is an investing website that uses a consensus approach to identify the best stock picks of more than 900 hedge funds investing in US stocks. The website tracks the movement of corporate insiders and hedge funds. Our top 10 consensus stock picks of hedge funds outperformed the S&P 500 stock index by more than 140 percentage points over the last 10 years (see the details here). So, if you are looking for the best stock picks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.

Here are the 15 countries that waste the most water.

15. Costa Rica 

Annual Water Waste Production: 42.09 m3 Per Capita

Known for its natural beauty and biodiversity, Costa Rica has a population of over 5.2 million. As of 2017, it had an annual water withdrawal of 1646.41 m3 per capita. The number dropped to 615.63 m3 per capita in 2021. In the same year, they produced 42.09 m3 of water waste per inhabitant. 

The wastewater collection and treatment has been an environmental issue in the country, particularly in the northern region. To tackle the issue with innovative and technical solutions, the United Nations Environment Programme (UNEP) and the Inter-American Development Bank (IDB) have started a partnership project, CReW+, in Costa Rica and 17 other countries in the Wider Caribbean Region (WCR). The Global Environment Facility (GEF) is funding the project.

14. Iran 

Annual Wastewater Production: 48.18 m3 per capita

While Iran is a large country, It has few direct sources of freshwater. Most of the drinking water in Iran is supplied through other means, including dams, reservoirs, and pipelines that reach across the country.

As of 2024, Iran’s annual water withdrawal is at 1048 m3 per capita, and the annual wastewater generation is at 48.18 m3 per capita. With few freshwater sources, people in this country rely on drinking water companies like Damavand Mineral (DMVN1).

13. Brazil  

Annual Water Waste Production: 50.39 m3 Per Capita

Brazil, with a population of over 217 million, produces wastewater of 50.39 m3 per capita. As of the latest report available from 2017, Brazil had a water withdrawal of 319 m3 per capita. Brazil is a country with lots of water treatment companies, such as Sabeps (SBSP3:BVMF), which was the leading company in the sector in 2021, with a net revenue of over $4 billion.

12. Denmark 

Annual Wastewater Production: 52.57 m3 per capita

Denmark, known for its waterways and incredible scenery, is home to 5.8 million people. Denmark primarily consumes water from underground aquifers. Consequently, the country has reliable freshwater and a withdrawal rate of 41 m3 per capita. The Danish population consumes an astonishing 1 billion m3 of water annually, but also wastes 52.57 m3 of water per capita. Greater Copenhagen Utility (HOFOR) is the largest freshwater supply company in Denmark. 

11. Australia

Annual Water Waste Production: 55.81 m3 Per Capita

Australia, the sixth-largest country in the world, has a population of over 26 million. While it withdraws 539 m3 per capita annually, it has an annual water waste of just 55.81 m3 per capita. Water markets in Australia have an estimated turnover of $1–7 billion annually. 

To further meet the demand for wastewater treatment, the largest water treatment company in Australia, Sydney Water, invested $1.3 billion in 2022-23 in building an Advanced Water Recycling Centre to service growth near the Western Sydney International Airport. 

10. France

Annual Water Waste Production: 66 m3 Per Capita

France, the largest country in the Western part of Europe, has a population of almost 65 million people. The annual water withdrawal per capita is 402.49 m3. In 2023, France was facing a water crisis, with more than two-thirds of the natural groundwater reserves being below normal levels. Now, they are out of the crisis, but the restrictions are very much on from the government.

9. Russia 

Annual Wastewater Production: 85.36 m3 per capita

Russia is known for its gorgeous architecture, literature, and culture. With a population of over 144 million, Russia makes up 1.8% of the world’s population. It is also the largest country in the world by land. The total annual freshwater withdrawal of the country is at 535 m3 per capita. 

Also, Russians consume around 24.9 billion m3 of water yearly; most of it consists of surface and groundwater. On the other hand, the annual wastewater production for Russia is 85.65 m3 per capita, making it one of the countries wasting the most water.

8. Germany

Annual Water Waste Production: 92 m3 Per Capita

Next on the list, we have Germany. The country has a population of around 83 million people and annually withdraws 339.95 m3 per capita. It produces an annual water waste of 92 m3 per capita. Top water treatment companies like Ecolab Inc (NYSE: ECL) and Kemira Oyj (HEL: KEMIRA) have their fair share in treating wastewater in Germany.

7. United Kingdom 

Annual Water Waste Production: 92 m3 Per Capita

The United Kingdom, comprising England, Scotland, Wales, and Northern Ireland, has a total population of around 68 million. Statista-gathered data of 2022 shows an average person in England and Wales used 146 liters per day. The annual water waste production is 92 m3 per capita. Southern Water and Severn Trent plc are one of the leading companies collecting and treating wastewater in the UK.

6. Egypt

Annual Water Waste Production: 121.77 m3 Per Capita

Egypt, a country situated in the northeastern corner of Africa, has a population of 109.3 million. The country majorly relies on the Nile River for its water withdrawal, which is annually 757.32 m3 per capita. It has an annual water waste production of 121.77 m3 per capita. According to a report, in 2021-22, 484 wastewater treatment stations in Egypt treated 5,234 million m3 of wastewater. However, compared to the preceding year, 2020-21, the sewage treatment stations increased by only nine stations and treated 0.5 million m3 of wastewater. 

Click to continue reading and see 5 Countries That Waste The Most Water.

Suggested Articles:

Disclosure: None. 15 Countries That Waste The Most Water is originally published on Insider Monkey.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 75%.

For a ridiculously low price of just $24, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

  • The Name of the Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.
  • Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
  • Lifetime Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund ANYTIME, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

  1. Head over to our website and subscribe to our Premium Readership Newsletter for just $24.
  2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.
  3. Sit back, relax, and know that you’re backed by our ironclad lifetime money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…