GDP per unit of energy use in Latin America & Caribbean
Latin America & Caribbean: GDP per unit of energy use was 14.39 constant 2021 PPP $ per kg of oil equivalent in 2024. ▲ Rising
GDP per unit of energy use in Latin America & Caribbean, 1990–2024
Source: IEA Energy Statistics Data Browser, International Energy Agency (IEA). Measured in constant 2021 PPP $ per kg of oil equivalent.
Analysis
The most recent figure for gdp per unit of energy use in Latin America & Caribbean is 14.39 constant 2021 PPP $ per kg of oil equivalent, measured in 2024.
Compared with earlier readings it is down 1.4% on the previous year and up 5.6% over ten years.
Over the whole period, gdp per unit of energy use in Latin America & Caribbean peaked at 14.62 constant 2021 PPP $ per kg of oil equivalent in 2022 and was at its lowest, 12.46 constant 2021 PPP $ per kg of oil equivalent, in 1990.
Latin America & Caribbean ranks 10th of 47 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
GDP per unit of energy use in Latin America & Caribbean, year by year
| Year | constant 2021 PPP $ per kg of oil equivalent | Change |
|---|---|---|
| 1990 | 12.46 constant 2021 PPP $ per kg of oil equivalent | — |
| 1991 | 12.48 constant 2021 PPP $ per kg of oil equivalent | +0.2% |
| 1992 | 12.57 constant 2021 PPP $ per kg of oil equivalent | +0.7% |
| 1993 | 12.9 constant 2021 PPP $ per kg of oil equivalent | +2.6% |
| 1994 | 12.99 constant 2021 PPP $ per kg of oil equivalent | +0.7% |
| 1995 | 12.91 constant 2021 PPP $ per kg of oil equivalent | -0.7% |
| 1996 | 12.88 constant 2021 PPP $ per kg of oil equivalent | -0.2% |
| 1997 | 12.99 constant 2021 PPP $ per kg of oil equivalent | +0.8% |
| 1998 | 12.9 constant 2021 PPP $ per kg of oil equivalent | -0.6% |
| 1999 | 12.71 constant 2021 PPP $ per kg of oil equivalent | -1.5% |
| 2000 | 13.08 constant 2021 PPP $ per kg of oil equivalent | +2.9% |
| 2001 | 12.98 constant 2021 PPP $ per kg of oil equivalent | -0.7% |
| 2002 | 12.8 constant 2021 PPP $ per kg of oil equivalent | -1.4% |
| 2003 | 12.6 constant 2021 PPP $ per kg of oil equivalent | -1.5% |
| 2004 | 12.7 constant 2021 PPP $ per kg of oil equivalent | +0.8% |
| 2005 | 12.75 constant 2021 PPP $ per kg of oil equivalent | +0.4% |
| 2006 | 12.99 constant 2021 PPP $ per kg of oil equivalent | +1.9% |
| 2007 | 13.24 constant 2021 PPP $ per kg of oil equivalent | +1.9% |
| 2008 | 13.37 constant 2021 PPP $ per kg of oil equivalent | +1.0% |
| 2009 | 13.38 constant 2021 PPP $ per kg of oil equivalent | +0.1% |
| 2010 | 13.56 constant 2021 PPP $ per kg of oil equivalent | +1.3% |
| 2011 | 13.72 constant 2021 PPP $ per kg of oil equivalent | +1.2% |
| 2012 | 13.64 constant 2021 PPP $ per kg of oil equivalent | -0.6% |
| 2013 | 13.56 constant 2021 PPP $ per kg of oil equivalent | -0.6% |
| 2014 | 13.63 constant 2021 PPP $ per kg of oil equivalent | +0.5% |
| 2015 | 13.77 constant 2021 PPP $ per kg of oil equivalent | +1.0% |
| 2016 | 13.86 constant 2021 PPP $ per kg of oil equivalent | +0.6% |
| 2017 | 14.13 constant 2021 PPP $ per kg of oil equivalent | +2.0% |
| 2018 | 14.38 constant 2021 PPP $ per kg of oil equivalent | +1.7% |
| 2019 | 14.23 constant 2021 PPP $ per kg of oil equivalent | -1.0% |
| 2020 | 14.09 constant 2021 PPP $ per kg of oil equivalent | -1.0% |
| 2021 | 14.29 constant 2021 PPP $ per kg of oil equivalent | +1.4% |
| 2022 | 14.62 constant 2021 PPP $ per kg of oil equivalent | +2.3% |
| 2023 | 14.59 constant 2021 PPP $ per kg of oil equivalent | -0.2% |
| 2024 | 14.39 constant 2021 PPP $ per kg of oil equivalent | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.78 constant 2021 PPP $ per kg of oil equivalent | 12.46 constant 2021 PPP $ per kg of oil equivalent | 12.99 constant 2021 PPP $ per kg of oil equivalent | 10 |
| 2000s | 12.99 constant 2021 PPP $ per kg of oil equivalent | 12.6 constant 2021 PPP $ per kg of oil equivalent | 13.38 constant 2021 PPP $ per kg of oil equivalent | 10 |
| 2010s | 13.85 constant 2021 PPP $ per kg of oil equivalent | 13.56 constant 2021 PPP $ per kg of oil equivalent | 14.38 constant 2021 PPP $ per kg of oil equivalent | 10 |
| 2020s | 14.4 constant 2021 PPP $ per kg of oil equivalent | 14.09 constant 2021 PPP $ per kg of oil equivalent | 14.62 constant 2021 PPP $ per kg of oil equivalent | 5 |
Countries ranked near Latin America & Caribbean
- 7 Gambia 34.08 constant 2021 PPP $ per kg of oil equivalent compare
- 8 Cape Verde 32.6 constant 2021 PPP $ per kg of oil equivalent compare
- 9 Guinea-Bissau 31.55 constant 2021 PPP $ per kg of oil equivalent compare
- 10 Bangladesh 28.64 constant 2021 PPP $ per kg of oil equivalent compare
- 11 Denmark 28.39 constant 2021 PPP $ per kg of oil equivalent compare
- 12 Luxembourg 28.22 constant 2021 PPP $ per kg of oil equivalent compare
- 13 Sri Lanka 27.99 constant 2021 PPP $ per kg of oil equivalent compare
More energy & mining data for Latin America & Caribbean
- Fuel imports 10.9% (2024)
- Ores and metals imports 2.3% (2024)
- Ores and metals exports 10.4% (2024)
- Fuel exports 9.8% (2024)
- Electric power transmission and distribution losses 13.6% (2024)
- Mineral rents 3.6% (2021)
- Natural gas rents 0.1% (2021)
- Total natural resources rents 6.1% (2021)
- Alternative and nuclear energy 12.8% (2024)
- Electric power consumption 2,804 kWh per capita (2024)
Frequently asked questions
- What is gdp per unit of energy use in Latin America & Caribbean?
- Gdp per unit of energy use in Latin America & Caribbean was 14.39 constant 2021 PPP $ per kg of oil equivalent in 2024, according to IEA Energy Statistics Data Browser, International Energy Agency (IEA).
- What is the highest gdp per unit of energy use recorded in Latin America & Caribbean?
- The highest recorded value was 14.62 constant 2021 PPP $ per kg of oil equivalent in 2022.
- What is the lowest gdp per unit of energy use recorded in Latin America & Caribbean?
- The lowest recorded value was 12.46 constant 2021 PPP $ per kg of oil equivalent in 1990.
- How does Latin America & Caribbean rank for gdp per unit of energy use?
- Latin America & Caribbean ranks 10th out of 47 groups with data for 2024.
- Is gdp per unit of energy use rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 5.6%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean data come from?
- The figures come from IEA Energy Statistics Data Browser, International Energy Agency (IEA), published as part of GDP per unit of energy use (constant 2021 PPP $ per kg of oil equivalent). Statizoid updates them automatically from the source API.
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About this data
GDP per unit of energy use is the PPP GDP per kilogram of oil equivalent of energy use. PPP GDP is gross domestic product converted to 2021 constant international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States.