Electricity generation from oil in Panama
Panama: Electricity generation from oil was 1 terawatt-hours in 2024. ▼ Falling
Latest (2024)
1 terawatt-hours
Change on year
down 47.6%
World rank
77th
of 214 countries
All-time high
3.42 terawatt-hours
in 2014
All-time low
0.53 terawatt-hours
in 2021
Years of data
25
2000–2024
Electricity generation from oil in Panama, 2000–2024
Source: Ember (2026) and other sources – with major processing by Our World in Data. Measured in terawatt-hours.
Analysis
Panama recorded 1 terawatt-hours for electricity generation from oil in 2024.
That represents a change of down 47.6% on the previous year and down 70.8% over ten years.
Over the whole period, electricity generation from oil in Panama peaked at 3.42 terawatt-hours in 2014 and was at its lowest, 0.53 terawatt-hours, in 2021.
Panama ranks 77th of 214 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Electricity generation from oil in Panama, year by year
| Year | terawatt-hours | Change |
|---|---|---|
| 2000 | 1.45 terawatt-hours | — |
| 2001 | 2.6 terawatt-hours | +79.3% |
| 2002 | 1.87 terawatt-hours | -28.1% |
| 2003 | 2.73 terawatt-hours | +46.0% |
| 2004 | 1.96 terawatt-hours | -28.2% |
| 2005 | 2.08 terawatt-hours | +6.1% |
| 2006 | 2.38 terawatt-hours | +14.4% |
| 2007 | 2.73 terawatt-hours | +14.7% |
| 2008 | 2.44 terawatt-hours | -10.6% |
| 2009 | 2.99 terawatt-hours | +22.5% |
| 2010 | 3.17 terawatt-hours | +6.0% |
| 2011 | 3.25 terawatt-hours | +2.5% |
| 2012 | 2.52 terawatt-hours | -22.5% |
| 2013 | 3.09 terawatt-hours | +22.6% |
| 2014 | 3.42 terawatt-hours | +10.7% |
| 2015 | 2.86 terawatt-hours | -16.4% |
| 2016 | 2.97 terawatt-hours | +3.8% |
| 2017 | 2.94 terawatt-hours | -1.0% |
| 2018 | 1.39 terawatt-hours | -52.7% |
| 2019 | 1.62 terawatt-hours | +16.5% |
| 2020 | 0.65 terawatt-hours | -59.9% |
| 2021 | 0.53 terawatt-hours | -18.5% |
| 2022 | 0.87 terawatt-hours | +64.2% |
| 2023 | 1.91 terawatt-hours | +119.5% |
| 2024 | 1 terawatt-hours | -47.6% |
Panama compared with similar countries
- Panama's 1 terawatt-hours is above the median for high income countries, which is 0.71 terawatt-hours, 1.4× the median. (75 countries reporting)
- Panama's 1 terawatt-hours is above the median for Latin America & Caribbean, which is 0.8 terawatt-hours, 1.2× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.32 terawatt-hours | 1.45 terawatt-hours | 2.99 terawatt-hours | 10 |
| 2010s | 2.72 terawatt-hours | 1.39 terawatt-hours | 3.42 terawatt-hours | 10 |
| 2020s | 0.992 terawatt-hours | 0.53 terawatt-hours | 1.91 terawatt-hours | 5 |
Countries ranked near Panama
- 74 New Caledonia 1.14 terawatt-hours compare
- 75 Martinique 1.12 terawatt-hours compare
- 76 Turkey 1.03 terawatt-hours compare
- 77 Guinea 1 terawatt-hours compare
- 79 Barbados 0.98 terawatt-hours compare
- 80 Philippines 0.94 terawatt-hours compare
More energy & mining data for Panama
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 0.1439 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 20.0% (2024)
Frequently asked questions
- What is electricity generation from oil in Panama?
- Electricity generation from oil in Panama was 1 terawatt-hours in 2024, according to Ember (2026) and other sources – with major processing by Our World in Data.
- What is the highest electricity generation from oil recorded in Panama?
- The highest recorded value was 3.42 terawatt-hours in 2014.
- What is the lowest electricity generation from oil recorded in Panama?
- The lowest recorded value was 0.53 terawatt-hours in 2021.
- How does Panama rank for electricity generation from oil?
- Panama ranks 77th out of 214 countries with data for 2024.
- Is electricity generation from oil rising or falling in Panama?
- Over the last ten years it is down 70.8%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Ember (2026) and other sources – with major processing by Our World in Data, published as part of Electricity generation from oil. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Measured in terawatt-hours.