Electricity production from oil sources in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Electricity production from oil sources was 3.3% in 2024. ▼ Falling
Electricity production from oil sources in Latin America & the Caribbean (IDA & IBRD countries), 1990–2024
Source: IEA Energy Statistics Data Browser, International Energy Agency (IEA). Measured in % of total.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 3.3% for electricity production from oil sources in 2024. That is the lowest value across all 35 years on record.
Compared with earlier readings it is down 29.7% on the previous year and down 68.5% over ten years.
Over the whole period, electricity production from oil sources in Latin America & the Caribbean (IDA & IBRD countries) peaked at 16.5% in 1998 and was at its lowest, 3.3%, in 2024.
That places Latin America & the Caribbean (IDA & IBRD countries) 21st out of 47 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 35 years of available data.
Electricity production from oil sources in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | % of total | Change |
|---|---|---|
| 1990 | 16.1% | — |
| 1991 | 15.5% | -3.6% |
| 1992 | 16.2% | +4.3% |
| 1993 | 14.7% | -9.3% |
| 1994 | 15.7% | +7.1% |
| 1995 | 14.1% | -10.3% |
| 1996 | 14.1% | -0.2% |
| 1997 | 15.0% | +6.7% |
| 1998 | 16.5% | +10.1% |
| 1999 | 16.4% | -0.5% |
| 2000 | 16.3% | -1.1% |
| 2001 | 16.3% | +0.4% |
| 2002 | 14.6% | -10.9% |
| 2003 | 13.4% | -7.6% |
| 2004 | 12.9% | -4.3% |
| 2005 | 12.6% | -1.8% |
| 2006 | 11.5% | -9.2% |
| 2007 | 12.0% | +4.9% |
| 2008 | 12.0% | +0.1% |
| 2009 | 11.1% | -7.4% |
| 2010 | 10.9% | -2.2% |
| 2011 | 10.8% | -1.3% |
| 2012 | 11.4% | +6.0% |
| 2013 | 10.9% | -4.4% |
| 2014 | 10.5% | -4.2% |
| 2015 | 10.1% | -3.2% |
| 2016 | 9.2% | -9.4% |
| 2017 | 7.7% | -16.5% |
| 2018 | 7.6% | -0.8% |
| 2019 | 6.6% | -12.9% |
| 2020 | 6.2% | -5.6% |
| 2021 | 7.1% | +13.8% |
| 2022 | 5.2% | -27.1% |
| 2023 | 4.7% | -9.5% |
| 2024 | 3.3% | -29.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.4% | 14.1% | 16.5% | 10 |
| 2000s | 13.3% | 11.1% | 16.3% | 10 |
| 2010s | 9.6% | 6.6% | 11.4% | 10 |
| 2020s | 5.3% | 3.3% | 7.1% | 5 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 18 Saint Kitts and Nevis 95.5% compare
- 19 Palau 95.4% compare
- 20 Guam 95.2% compare
- 21 Micronesia, Federated States of 95.1% compare
- 22 Antigua and Barbuda 94.3% compare
- 23 Maldives 94.2% compare
- 24 Sao Tome and Principe 93.9% compare
More energy & mining data for Latin America & the Caribbean (IDA & IBRD countries)
- Fuel imports 10.9% (2024)
- Ores and metals imports 2.3% (2024)
- Ores and metals exports 10.5% (2025)
- Fuel exports 6.9% (2025)
- Electric power transmission and distribution losses 13.6% (2024)
- Mineral rents 3.7% (2021)
- Natural gas rents 0.2% (2021)
- Total natural resources rents 6.3% (2021)
- Alternative and nuclear energy 12.8% (2024)
- Electric power consumption 2,804 kWh per capita (2024)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is electricity production from oil sources in Latin America & the Caribbean (IDA & IBRD countries)?
- Electricity production from oil sources in Latin America & the Caribbean (IDA & IBRD countries) was 3.3% in 2024, according to IEA Energy Statistics Data Browser, International Energy Agency (IEA).
- What is the highest electricity production from oil sources recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 16.5% in 1998.
- What is the lowest electricity production from oil sources recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 3.3% in 2024.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for electricity production from oil sources?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 21st out of 47 groups with data for 2024.
- Is electricity production from oil sources rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is down 68.5%. The long-run trend across the full record is falling.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) data come from?
- The figures come from IEA Energy Statistics Data Browser, International Energy Agency (IEA), published as part of Electricity production from oil sources (% of total). Statizoid updates them automatically from the source API.
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About this data
The share of electricity production from oil sources of total electricity production. Sources of electricity refer to the inputs used to generate electricity. Oil refers to crude oil and petroleum products.