GDP per unit of energy use in Panama
Panama: GDP per unit of energy use was 39.07 PPP $ per kg of oil equivalent in 2023. ◆ Volatile
GDP per unit of energy use in Panama, 1990–2023
Source: IEA Energy Statistics Data Browser, International Energy Agency (IEA). Measured in PPP $ per kg of oil equivalent.
Analysis
In 2023, gdp per unit of energy use in Panama stood at 39.07 PPP $ per kg of oil equivalent. That is the highest value across all 34 years on record.
The figure is up 14.3% on the previous year and up 78.6% over ten years.
Over the whole period, gdp per unit of energy use in Panama peaked at 39.07 PPP $ per kg of oil equivalent in 2023 and was at its lowest, 7.72 PPP $ per kg of oil equivalent, in 1990.
That places Panama 5th out of 171 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per unit of energy use in Panama, year by year
| Year | PPP $ per kg of oil equivalent | Change |
|---|---|---|
| 1990 | 7.72 PPP $ per kg of oil equivalent | — |
| 1991 | 8.06 PPP $ per kg of oil equivalent | +4.3% |
| 1992 | 7.82 PPP $ per kg of oil equivalent | -3.0% |
| 1993 | 8.32 PPP $ per kg of oil equivalent | +6.4% |
| 1994 | 8.29 PPP $ per kg of oil equivalent | -0.3% |
| 1995 | 8.49 PPP $ per kg of oil equivalent | +2.3% |
| 1996 | 8.42 PPP $ per kg of oil equivalent | -0.8% |
| 1997 | 8.87 PPP $ per kg of oil equivalent | +5.4% |
| 1998 | 8.38 PPP $ per kg of oil equivalent | -5.6% |
| 1999 | 9.07 PPP $ per kg of oil equivalent | +8.3% |
| 2000 | 10.24 PPP $ per kg of oil equivalent | +12.9% |
| 2001 | 9.24 PPP $ per kg of oil equivalent | -9.7% |
| 2002 | 10.58 PPP $ per kg of oil equivalent | +14.5% |
| 2003 | 11.36 PPP $ per kg of oil equivalent | +7.4% |
| 2004 | 12.69 PPP $ per kg of oil equivalent | +11.6% |
| 2005 | 12.53 PPP $ per kg of oil equivalent | -1.2% |
| 2006 | 13.36 PPP $ per kg of oil equivalent | +6.6% |
| 2007 | 15.54 PPP $ per kg of oil equivalent | +16.3% |
| 2008 | 18.23 PPP $ per kg of oil equivalent | +17.3% |
| 2009 | 16.94 PPP $ per kg of oil equivalent | -7.1% |
| 2010 | 16.42 PPP $ per kg of oil equivalent | -3.1% |
| 2011 | 16.84 PPP $ per kg of oil equivalent | +2.5% |
| 2012 | 18.5 PPP $ per kg of oil equivalent | +9.8% |
| 2013 | 21.87 PPP $ per kg of oil equivalent | +18.2% |
| 2014 | 23.55 PPP $ per kg of oil equivalent | +7.7% |
| 2015 | 26.58 PPP $ per kg of oil equivalent | +12.9% |
| 2016 | 28.95 PPP $ per kg of oil equivalent | +8.9% |
| 2017 | 32.37 PPP $ per kg of oil equivalent | +11.8% |
| 2018 | 31.63 PPP $ per kg of oil equivalent | -2.3% |
| 2019 | 28.59 PPP $ per kg of oil equivalent | -9.6% |
| 2020 | 28.86 PPP $ per kg of oil equivalent | +1.0% |
| 2021 | 29.94 PPP $ per kg of oil equivalent | +3.7% |
| 2022 | 34.18 PPP $ per kg of oil equivalent | +14.2% |
| 2023 | 39.07 PPP $ per kg of oil equivalent | +14.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.34 PPP $ per kg of oil equivalent | 7.72 PPP $ per kg of oil equivalent | 9.07 PPP $ per kg of oil equivalent | 10 |
| 2000s | 13.07 PPP $ per kg of oil equivalent | 9.24 PPP $ per kg of oil equivalent | 18.23 PPP $ per kg of oil equivalent | 10 |
| 2010s | 24.53 PPP $ per kg of oil equivalent | 16.42 PPP $ per kg of oil equivalent | 32.37 PPP $ per kg of oil equivalent | 10 |
| 2020s | 33.01 PPP $ per kg of oil equivalent | 28.86 PPP $ per kg of oil equivalent | 39.07 PPP $ per kg of oil equivalent | 4 |
Countries ranked near Panama
- 2 Malta 48 PPP $ per kg of oil equivalent compare
- 3 Hong Kong, China 47.12 PPP $ per kg of oil equivalent compare
- 4 Switzerland 39.12 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
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 gdp per unit of energy use in Panama?
- Gdp per unit of energy use in Panama was 39.07 PPP $ per kg of oil equivalent in 2023, according to IEA Energy Statistics Data Browser, International Energy Agency (IEA).
- What is the highest gdp per unit of energy use recorded in Panama?
- The highest recorded value was 39.07 PPP $ per kg of oil equivalent in 2023.
- What is the lowest gdp per unit of energy use recorded in Panama?
- The lowest recorded value was 7.72 PPP $ per kg of oil equivalent in 1990.
- How does Panama rank for gdp per unit of energy use?
- Panama ranks 5th out of 171 countries with data for 2023.
- Is gdp per unit of energy use rising or falling in Panama?
- Over the last ten years it is up 78.6%. The long-run trend across the full record is volatile.
- Where does this Panama 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.