Electricity production from oil sources (% of total) in Venezuela
Venezuela: Electricity production from oil sources (% of total) was 4.7% in 2024. ▲ Rising
Electricity production from oil sources in Venezuela, 1990–2024
Source: IEA Energy Statistics Data Browser, International Energy Agency (IEA). Measured in % of total.
Analysis
Venezuela recorded 4.7% for electricity production from oil sources in 2024.
That represents a change of up 2.0% on the previous year and down 73.0% over ten years.
Over the whole period, electricity production from oil sources in Venezuela peaked at 21.4% in 2016 and was at its lowest, 2.3%, in 1996.
Venezuela ranks 100th of 210 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Electricity production from oil sources (% of total) in Venezuela, year by year
| Year | % of total | Change |
|---|---|---|
| 1990 | 11.5% | — |
| 1991 | 5.4% | -52.7% |
| 1992 | 6.8% | +25.8% |
| 1993 | 6.2% | -9.6% |
| 1994 | 3.5% | -44.0% |
| 1995 | 3.2% | -8.1% |
| 1996 | 2.3% | -26.3% |
| 1997 | 3.6% | +53.1% |
| 1998 | 5.9% | +63.9% |
| 1999 | 6.5% | +9.6% |
| 2000 | 9.3% | +43.4% |
| 2001 | 11.1% | +19.7% |
| 2002 | 14.5% | +31.1% |
| 2003 | 16.6% | +14.1% |
| 2004 | 12.7% | -23.2% |
| 2005 | 13.1% | +2.9% |
| 2006 | 12.6% | -3.8% |
| 2007 | 11.5% | -8.8% |
| 2008 | 12.5% | +9.0% |
| 2009 | 13.1% | +4.3% |
| 2010 | 16.0% | +22.0% |
| 2011 | 14.9% | -6.8% |
| 2012 | 16.2% | +9.1% |
| 2013 | 15.1% | -6.8% |
| 2014 | 17.4% | +15.2% |
| 2015 | 17.5% | +0.6% |
| 2016 | 21.4% | +21.8% |
| 2017 | 14.0% | -34.3% |
| 2018 | 17.7% | +25.8% |
| 2019 | 7.8% | -55.8% |
| 2020 | 4.1% | -47.3% |
| 2021 | 6.8% | +66.5% |
| 2022 | 4.8% | -29.9% |
| 2023 | 4.6% | -3.6% |
| 2024 | 4.7% | +2.0% |
Venezuela compared with similar countries
- Venezuela's 4.7% is above the median for lower middle income countries, which is 4.7%, 1.0× the median. (47 countries reporting)
- Venezuela's 4.7% is below the median for Latin America & Caribbean, which is 42.1%, 11% of the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.5% | 2.3% | 11.5% | 10 |
| 2000s | 12.7% | 9.3% | 16.6% | 10 |
| 2010s | 15.8% | 7.8% | 21.4% | 10 |
| 2020s | 5.0% | 4.1% | 6.8% | 5 |
Countries ranked near Venezuela
More energy & mining data for Venezuela
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -1.48 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2025)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Fuel imports 0.8% (2013)
Frequently asked questions
- What is electricity production from oil sources in Venezuela?
- Electricity production from oil sources in Venezuela was 4.7% in 2024, according to IEA Energy Statistics Data Browser, International Energy Agency (IEA).
- What is the highest electricity production from oil sources recorded in Venezuela?
- The highest recorded value was 21.4% in 2016.
- What is the lowest electricity production from oil sources recorded in Venezuela?
- The lowest recorded value was 2.3% in 1996.
- How does Venezuela rank for electricity production from oil sources?
- Venezuela ranks 100th out of 210 countries with data for 2024.
- Is electricity production from oil sources rising or falling in Venezuela?
- Over the last ten years it is down 73.0%. The long-run trend across the full record is rising.
- Where does this Venezuela 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.