Fossil-fuel subsidies (consumption and production) in Panama
Panama: Fossil-fuel subsidies (consumption and production) was 0.0059 in 2024. ◆ Volatile
Fossil-fuel subsidies (consumption and production) in Panama, 2010–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Panama recorded 0.0059 for fossil-fuel subsidies (consumption and production) in 2024.
That represents a change of up 6.0% on the previous year and down 97.6% over ten years.
Over the whole period, fossil-fuel subsidies (consumption and production) in Panama peaked at 0.2435 in 2014 and was at its lowest, 0.0034, in 2020.
That places Panama 127th out of 201 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Fossil-fuel subsidies (consumption and production) in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 0.0277 | — |
| 2011 | 0.1902 | +585.7% |
| 2012 | 0.2125 | +11.7% |
| 2013 | 0.2336 | +9.9% |
| 2014 | 0.2435 | +4.3% |
| 2015 | 0.0061 | -97.5% |
| 2016 | 0.0047 | -21.6% |
| 2017 | 0.0034 | -28.2% |
| 2018 | 0.0036 | +6.2% |
| 2019 | 0.0039 | +8.8% |
| 2020 | 0.0034 | -13.7% |
| 2021 | 0.0039 | +14.1% |
| 2022 | 0.0056 | +43.0% |
| 2023 | 0.0055 | -0.5% |
| 2024 | 0.0059 | +6.0% |
Panama compared with similar countries
- Panama's 0.0059 is below the median for high income countries, which is 0.9298, 1% of the median. (61 countries reporting)
- Panama's 0.0059 is above the median for Latin America & Caribbean, which is 0.0044, 1.3× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Fossil-fuel subsidies (consumption and production) in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +585.7% | 0.0277 | 0.1902 |
| 2015 | -97.5% | 0.2435 | 0.0061 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0929 | 0.0034 | 0.2435 | 10 |
| 2020s | 0.0048 | 0.0034 | 0.0059 | 5 |
Countries ranked near Panama
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 fossil-fuel subsidies (consumption and production) in Panama?
- Fossil-fuel subsidies (consumption and production) in Panama was 0.0059 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest fossil-fuel subsidies (consumption and production) recorded in Panama?
- The highest recorded value was 0.2435 in 2014.
- What is the lowest fossil-fuel subsidies (consumption and production) recorded in Panama?
- The lowest recorded value was 0.0034 in 2020.
- How does Panama rank for fossil-fuel subsidies (consumption and production)?
- Panama ranks 127th out of 201 countries with data for 2024.
- Is fossil-fuel subsidies (consumption and production) rising or falling in Panama?
- Over the last ten years it is down 97.6%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under UN SDG Global Database (open, attribution requested).