Modeled 6 kW residential systems, 25-year life, no leverage. Source: PV Yield calculator.
| # | Country | IRR | Payback | Annual gen | LCOE |
|---|---|---|---|---|---|
| 1 | Australia | 25.2% | 3.9 yr | 9,200 kWh | 0.072 AUD |
| 2 | Chile | 21.0% | 4.7 yr | 9,685 kWh | 0.057 USD |
| 3 | South Africa | 19.3% | 5.0 yr | 10,169 kWh | 0.056 USD |
| 4 | China | 18.8% | 5.2 yr | 7,263 kWh | 0.202 CNY |
| 5 | Singapore | 18.5% | 5.2 yr | 7,748 kWh | 0.097 USD |
| 6 | Spain | 17.9% | 5.4 yr | 8,232 kWh | 0.075 EUR |
| 7 | Philippines | 17.8% | 5.4 yr | 8,232 kWh | 0.069 USD |
| 8 | Brazil | 17.3% | 5.6 yr | 8,716 kWh | 0.245 BRL |
| 9 | Portugal | 17.3% | 5.6 yr | 8,232 kWh | 0.075 EUR |
| 10 | Pakistan | 16.0% | 6.0 yr | 9,200 kWh | 0.045 USD |
| 11 | India | 15.1% | 6.3 yr | 9,200 kWh | 2.681 INR |
| 12 | Italy | 14.8% | 6.5 yr | 7,263 kWh | 0.106 EUR |
| 13 | Netherlands | 12.1% | 7.6 yr | 4,842 kWh | 0.146 EUR |
| 14 | Mexico | 11.5% | 8.0 yr | 9,200 kWh | 0.067 USD |
| 15 | Germany | 11.3% | 8.1 yr | 5,327 kWh | 0.137 EUR |
| 16 | Thailand | 10.9% | 8.3 yr | 8,232 kWh | 0.064 USD |
| 17 | Malaysia | 10.8% | 8.4 yr | 8,232 kWh | 0.061 USD |
| 18 | Poland | 9.1% | 9.5 yr | 5,327 kWh | 0.112 EUR |
| 19 | Japan | 9.1% | 9.6 yr | 6,295 kWh | 17.743 JPY |
| 20 | France | 8.5% | 10.0 yr | 6,295 kWh | 0.133 EUR |
| 21 | United Arab Emirates | 7.0% | 11.4 yr | 10,169 kWh | 0.052 USD |
| 22 | Indonesia | 6.0% | 12.5 yr | 8,232 kWh | 0.069 USD |
| 23 | Vietnam | 6.0% | 12.5 yr | 7,748 kWh | 0.065 USD |
| 24 | Switzerland | 5.0% | 13.9 yr | 5,569 kWh | 0.215 EUR |
| 25 | Saudi Arabia | 3.9% | 15.5 yr | 10,653 kWh | 0.043 USD |
| 26 | United Kingdom | 2.5% | 18.1 yr | 4,600 kWh | 0.192 GBP |
| 27 | Turkey | 2.5% | 18.1 yr | 7,263 kWh | 0.073 USD |
| 28 | United States | 1.9% | 19.7 yr | 8,716 kWh | 0.176 USD |
| 29 | South Korea | 1.7% | 20.0 yr | 6,295 kWh | 0.133 USD |
| 30 | Canada | 0.2% | 24.2 yr | 6,779 kWh | 0.216 CAD |