Electricity production from oil sources (% of total) in Panama

Panama: Electricity production from oil sources (% of total) was 11.4% in 2024. ▼ Falling

Latest (2024)
11.4%
Change on year
down 12.1%
World rank
90th
of 210 countries
All-time high
50.8%
in 2001
All-time low
3.8%
in 2021
Years of data
35
1990–2024

Electricity production from oil sources in Panama, 1990–2024

010203040501990200720241990: 14.7 % of total1991: 25.6 % of total1992: 33.3 % of total1993: 25.7 % of total1994: 28 % of total1995: 30.9 % of total1996: 21 % of total1997: 27.8 % of total1998: 48.4 % of total1999: 31.1 % of total2000: 29.6 % of total2001: 50.8 % of total2002: 35.4 % of total2003: 49 % of total2004: 34 % of total2005: 35.7 % of total2006: 39.8 % of total2007: 42.3 % of total2008: 37.9 % of total2009: 43.3 % of total2010: 42.9 % of total2011: 41.5 % of total2012: 29.3 % of total2013: 34.4 % of total2014: 36.8 % of total2015: 27.8 % of total2016: 27.3 % of total2017: 26.6 % of total2018: 12.6 % of total2019: 13.9 % of total2020: 5.3 % of total2021: 3.8 % of total2022: 6.2 % of total2023: 13 % of total2024: 11.4 % of total

Source: IEA Energy Statistics Data Browser, International Energy Agency (IEA). Measured in % of total.

Analysis

Panama recorded 11.4% for electricity production from oil sources in 2024.

Compared with earlier readings it is down 12.1% on the previous year and down 69.0% over ten years.

Over the whole period, electricity production from oil sources in Panama peaked at 50.8% in 2001 and was at its lowest, 3.8%, in 2021.

That places Panama 90th out of 210 countries 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 (% of total) in Panama, year by year

Annual values for Electricity production from oil sources (% of total) in Panama, 1990 to 2024.
Year % of total Change
1990 14.7% —
1991 25.6% +73.7%
1992 33.3% +30.0%
1993 25.7% -22.7%
1994 28.0% +8.9%
1995 30.9% +10.1%
1996 21.0% -32.0%
1997 27.8% +32.5%
1998 48.4% +73.9%
1999 31.1% -35.7%
2000 29.6% -5.0%
2001 50.8% +71.7%
2002 35.4% -30.3%
2003 49.0% +38.4%
2004 34.0% -30.6%
2005 35.7% +5.0%
2006 39.8% +11.6%
2007 42.3% +6.2%
2008 37.9% -10.3%
2009 43.3% +14.2%
2010 42.9% -1.0%
2011 41.5% -3.2%
2012 29.3% -29.5%
2013 34.4% +17.6%
2014 36.8% +6.8%
2015 27.8% -24.6%
2016 27.3% -1.6%
2017 26.6% -2.7%
2018 12.6% -52.7%
2019 13.9% +10.8%
2020 5.3% -61.8%
2021 3.8% -28.5%
2022 6.2% +63.2%
2023 13.0% +108.7%
2024 11.4% -12.1%

Panama compared with similar countries

  • Panama's 11.4% is above the median for high income countries, which is 1.2%, 9.3× the median. (78 countries reporting)
  • Panama's 11.4% is below the median for Latin America & Caribbean, which is 42.1%, 27% of the median. (42 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 28.7% 14.7% 48.4% 10
2000s 39.8% 29.6% 50.8% 10
2010s 29.3% 12.6% 42.9% 10
2020s 7.9% 3.8% 13.0% 5

Countries ranked near Panama

  1. 87 Dominican Republic 12.9% compare
  2. 88 Bangladesh 12.3% compare
  3. 89 Guinea 11.9% compare
  4. 91 Egypt 10.0% compare
  5. 92 Kenya 8.8% compare
  6. 93 Greece 8.3% compare

See the full ranking of 257 places →

More energy & mining data for Panama

All data for Panama →

Frequently asked questions

What is electricity production from oil sources in Panama?
Electricity production from oil sources in Panama was 11.4% in 2024, according to IEA Energy Statistics Data Browser, International Energy Agency (IEA).
What is the highest electricity production from oil sources recorded in Panama?
The highest recorded value was 50.8% in 2001.
What is the lowest electricity production from oil sources recorded in Panama?
The lowest recorded value was 3.8% in 2021.
How does Panama rank for electricity production from oil sources?
Panama ranks 90th out of 210 countries with data for 2024.
Is electricity production from oil sources rising or falling in Panama?
Over the last ten years it is down 69.0%. The long-run trend across the full record is falling.
Where does this Panama 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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Electricity production from oil sources in Panama. Statizoid, drawing on IEA Energy Statistics Data Browser, International Energy Agency (IEA). Retrieved 25 October 2026, from https://energy.statizoid.com/stat/electricity-production-from-oil-sources-percent-of-total/panama/

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About this data

Indicator
Electricity production from oil sources (% of total)
Unit
% of total
Source
IEA Energy Statistics Data Browser, International Energy Agency (IEA)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
257 places, 8,123 data points, 1990–2025
Last refreshed

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.