European Union vs Panama: GDP per unit of energy use

European Union
23.04 PPP $ per kg of oil equivalent
in 2024
Panama
39.07 PPP $ per kg of oil equivalent
in 2023
European Union rank
2nd
Panama rank
5th

GDP per unit of energy use over time

  • European Union
  • Panama
010203040199020072024

How they compare

Panama currently reports 39.07 PPP $ per kg of oil equivalent against 23.04 PPP $ per kg of oil equivalent in European Union, a difference of 16.03 PPP $ per kg of oil equivalent.

That makes Panama's figure about 1.7 times European Union's.

Across all 34 years both countries report, Panama has been ahead every year.

European Union ranks 2nd and Panama ranks 5th of 47 groups.

Panama has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade European Union Panama Difference Ahead
1990s 5.19 PPP $ per kg of oil equivalent 8.34 PPP $ per kg of oil equivalent 3.15 PPP $ per kg of oil equivalent Panama
2000s 7.71 PPP $ per kg of oil equivalent 13.07 PPP $ per kg of oil equivalent 5.36 PPP $ per kg of oil equivalent Panama
2010s 12.12 PPP $ per kg of oil equivalent 24.53 PPP $ per kg of oil equivalent 12.41 PPP $ per kg of oil equivalent Panama
2020s 18.78 PPP $ per kg of oil equivalent 33.01 PPP $ per kg of oil equivalent 14.24 PPP $ per kg of oil equivalent Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp per unit of energy use, European Union or Panama?
Panama, at 39.07 PPP $ per kg of oil equivalent against 23.04 PPP $ per kg of oil equivalent in European Union as of 2023.
What is the difference in gdp per unit of energy use between European Union and Panama?
16.03 PPP $ per kg of oil equivalent, with Panama ahead.
How many years of comparable data are there for European Union and Panama?
34 years are reported by both, from 1990 to 2023.
How do European Union and Panama rank globally for gdp per unit of energy use?
European Union ranks 2nd and Panama ranks 5th of 47 groups.
Where does this data come from?
IEA Energy Statistics Data Browser, International Energy Agency (IEA), published as GDP per unit of energy use (PPP $ per kg of oil equivalent). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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European Union vs Panama: GDP per unit of energy use. Statizoid, drawing on IEA Energy Statistics Data Browser, International Energy Agency (IEA). Retrieved 15 September 2026, from https://energy.statizoid.com/compare/gdp-per-unit-of-energy-use-ppp-per-kg-of-oil-equivalent/european-union/panama/

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About this data

Indicator
GDP per unit of energy use (PPP $ per kg of oil equivalent)
Unit
PPP $ per kg of oil equivalent
Source
IEA Energy Statistics Data Browser, International Energy Agency (IEA)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
218 places, 6,469 data points, 1990–2024
Last refreshed

GDP per unit of energy use is the PPP GDP per kilogram of oil equivalent of energy use. PPP GDP is gross domestic product converted to current international dollars using purchasing power parity rates based on the 2017 ICP round. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States.