GDP per unit of energy use in Latin America & Caribbean
Latin America & Caribbean: GDP per unit of energy use was 16.69 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 PPP $ per kg of oil equivalent.
Analysis
Latin America & Caribbean recorded 16.69 PPP $ per kg of oil equivalent for gdp per unit of energy use in 2024. That is the highest value across all 35 years on record.
The figure is up 1.7% on the previous year and up 49.0% over ten years.
Over the whole period, gdp per unit of energy use in Latin America & Caribbean peaked at 16.69 PPP $ per kg of oil equivalent in 2024 and was at its lowest, 6.2 PPP $ per kg of oil equivalent, in 1990.
That places Latin America & Caribbean 8th out of 47 groups with data for 2024, putting it 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 | PPP $ per kg of oil equivalent | Change |
|---|---|---|
| 1990 | 6.2 PPP $ per kg of oil equivalent | — |
| 1991 | 6.44 PPP $ per kg of oil equivalent | +3.8% |
| 1992 | 6.59 PPP $ per kg of oil equivalent | +2.3% |
| 1993 | 6.81 PPP $ per kg of oil equivalent | +3.4% |
| 1994 | 6.9 PPP $ per kg of oil equivalent | +1.3% |
| 1995 | 7.09 PPP $ per kg of oil equivalent | +2.7% |
| 1996 | 7.16 PPP $ per kg of oil equivalent | +1.0% |
| 1997 | 7.37 PPP $ per kg of oil equivalent | +3.0% |
| 1998 | 7.37 PPP $ per kg of oil equivalent | -0.0% |
| 1999 | 7.27 PPP $ per kg of oil equivalent | -1.4% |
| 2000 | 7.65 PPP $ per kg of oil equivalent | +5.3% |
| 2001 | 7.85 PPP $ per kg of oil equivalent | +2.6% |
| 2002 | 7.68 PPP $ per kg of oil equivalent | -2.2% |
| 2003 | 7.75 PPP $ per kg of oil equivalent | +0.9% |
| 2004 | 8.16 PPP $ per kg of oil equivalent | +5.2% |
| 2005 | 8.48 PPP $ per kg of oil equivalent | +4.0% |
| 2006 | 9.05 PPP $ per kg of oil equivalent | +6.7% |
| 2007 | 9.51 PPP $ per kg of oil equivalent | +5.0% |
| 2008 | 9.86 PPP $ per kg of oil equivalent | +3.8% |
| 2009 | 10.04 PPP $ per kg of oil equivalent | +1.8% |
| 2010 | 10.13 PPP $ per kg of oil equivalent | +0.9% |
| 2011 | 10.72 PPP $ per kg of oil equivalent | +5.8% |
| 2012 | 10.87 PPP $ per kg of oil equivalent | +1.4% |
| 2013 | 10.96 PPP $ per kg of oil equivalent | +0.8% |
| 2014 | 11.2 PPP $ per kg of oil equivalent | +2.2% |
| 2015 | 11.22 PPP $ per kg of oil equivalent | +0.1% |
| 2016 | 11.62 PPP $ per kg of oil equivalent | +3.6% |
| 2017 | 12.22 PPP $ per kg of oil equivalent | +5.2% |
| 2018 | 12.87 PPP $ per kg of oil equivalent | +5.3% |
| 2019 | 13.06 PPP $ per kg of oil equivalent | +1.5% |
| 2020 | 13.42 PPP $ per kg of oil equivalent | +2.7% |
| 2021 | 14.29 PPP $ per kg of oil equivalent | +6.5% |
| 2022 | 15.75 PPP $ per kg of oil equivalent | +10.2% |
| 2023 | 16.41 PPP $ per kg of oil equivalent | +4.2% |
| 2024 | 16.69 PPP $ per kg of oil equivalent | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.92 PPP $ per kg of oil equivalent | 6.2 PPP $ per kg of oil equivalent | 7.37 PPP $ per kg of oil equivalent | 10 |
| 2000s | 8.6 PPP $ per kg of oil equivalent | 7.65 PPP $ per kg of oil equivalent | 10.04 PPP $ per kg of oil equivalent | 10 |
| 2010s | 11.49 PPP $ per kg of oil equivalent | 10.13 PPP $ per kg of oil equivalent | 13.06 PPP $ per kg of oil equivalent | 10 |
| 2020s | 15.31 PPP $ per kg of oil equivalent | 13.42 PPP $ per kg of oil equivalent | 16.69 PPP $ per kg of oil equivalent | 5 |
Countries ranked near Latin America & Caribbean
- 5 Panama 39.07 PPP $ per kg of oil equivalent compare
- 6 Luxembourg 34.29 PPP $ per kg of oil equivalent compare
- 7 Comoros 32.77 PPP $ per kg of oil equivalent compare
- 8 Denmark 32.35 PPP $ per kg of oil equivalent compare
- 9 Bangladesh 31.82 PPP $ per kg of oil equivalent compare
- 10 Sri Lanka 31.09 PPP $ per kg of oil equivalent compare
- 11 Costa Rica 30.8 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 16.69 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 16.69 PPP $ per kg of oil equivalent in 2024.
- What is the lowest gdp per unit of energy use recorded in Latin America & Caribbean?
- The lowest recorded value was 6.2 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 8th 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 49.0%. 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 (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 current international dollars using purchasing power parity rates based on the 2017 ICP round. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States.