Oil consumption, annual growth rate in Panama
Panama: Oil consumption, annual growth rate was -0.055 % change on previous year in 2024. ◆ Volatile
Oil consumption, annual growth rate in Panama, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, oil consumption, annual growth rate in Panama stood at -0.055 % change on previous year.
That represents a change of down 104.5% on the previous year and down 102.1% over ten years.
Over the whole period, oil consumption, annual growth rate in Panama peaked at 71.47 % change on previous year in 2000 and was at its lowest, -39.46 % change on previous year, in 1999.
Panama ranks 180th of 218 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oil consumption, annual growth rate in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | -1.55 % change on previous year | — |
| 1982 | -3.9 % change on previous year | +151.1% |
| 1983 | 2.7 % change on previous year | -169.4% |
| 1984 | -1.05 % change on previous year | -138.7% |
| 1985 | -13.57 % change on previous year | +1197.9% |
| 1986 | 2.31 % change on previous year | -117.0% |
| 1987 | 4.65 % change on previous year | +101.6% |
| 1988 | -2.53 % change on previous year | -154.4% |
| 1989 | -2.64 % change on previous year | +4.2% |
| 1990 | 6.12 % change on previous year | -332.1% |
| 1991 | -0.3533 % change on previous year | -105.8% |
| 1992 | 3.11 % change on previous year | -978.8% |
| 1993 | -2.11 % change on previous year | -168.0% |
| 1994 | 12.82 % change on previous year | -706.7% |
| 1995 | 6.04 % change on previous year | -52.9% |
| 1996 | -14.23 % change on previous year | -335.7% |
| 1997 | 4.36 % change on previous year | -130.7% |
| 1998 | 10.61 % change on previous year | +143.1% |
| 1999 | -39.46 % change on previous year | -472.0% |
| 2000 | 71.47 % change on previous year | -281.1% |
| 2001 | 7.36 % change on previous year | -89.7% |
| 2002 | -5.45 % change on previous year | -174.0% |
| 2003 | 4.24 % change on previous year | -177.8% |
| 2004 | -2.44 % change on previous year | -157.4% |
| 2005 | 0.1513 % change on previous year | -106.2% |
| 2006 | 10.87 % change on previous year | +7086.9% |
| 2007 | -6.7 % change on previous year | -161.6% |
| 2008 | 18.3 % change on previous year | -373.3% |
| 2009 | -3.19 % change on previous year | -117.4% |
| 2010 | 14.3 % change on previous year | -549.1% |
| 2011 | -0.2731 % change on previous year | -101.9% |
| 2012 | 8.9 % change on previous year | -3359.0% |
| 2013 | -1.44 % change on previous year | -116.2% |
| 2014 | 2.67 % change on previous year | -285.3% |
| 2015 | 6.69 % change on previous year | +150.1% |
| 2016 | 5.29 % change on previous year | -20.8% |
| 2017 | 7.32 % change on previous year | +38.3% |
| 2018 | -8.4 % change on previous year | -214.7% |
| 2019 | 11.76 % change on previous year | -240.1% |
| 2020 | -38.38 % change on previous year | -426.2% |
| 2021 | 10.92 % change on previous year | -128.4% |
| 2022 | 13.55 % change on previous year | +24.2% |
| 2023 | 1.21 % change on previous year | -91.1% |
| 2024 | -0.055 % change on previous year | -104.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -1.73 % change on previous year | -13.57 % change on previous year | 4.65 % change on previous year | 9 |
| 1990s | -1.31 % change on previous year | -39.46 % change on previous year | 12.82 % change on previous year | 10 |
| 2000s | 9.46 % change on previous year | -6.7 % change on previous year | 71.47 % change on previous year | 10 |
| 2010s | 4.68 % change on previous year | -8.4 % change on previous year | 14.3 % change on previous year | 10 |
| 2020s | -2.55 % change on previous year | -38.38 % change on previous year | 13.55 % change on previous year | 5 |
Countries ranked near Panama
- 177 Dominican Republic -0.0445 % change on previous year compare
- 178 Bolivia -0.0487 % change on previous year compare
- 179 Honduras -0.0521 % change on previous year compare
- 181 Jamaica -0.076 % change on previous year compare
- 182 Mexico -0.1298 % change on previous year compare
- 183 Russia -0.1363 % change on previous year compare
More energy & mining data for Panama
- Fuel imports 20.0% (2024)
- Ores and metals imports 0.7% (2024)
- Ores and metals exports 9.6% (2024)
- Gas production 0 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0 terawatt-hours (2024)
- Gas production per person 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Gas production, per capita 0 terawatt-hours per person (2024)
Frequently asked questions
- What is oil consumption, annual growth rate in Panama?
- Oil consumption, annual growth rate in Panama was -0.055 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest oil consumption, annual growth rate recorded in Panama?
- The highest recorded value was 71.47 % change on previous year in 2000.
- What is the lowest oil consumption, annual growth rate recorded in Panama?
- The lowest recorded value was -39.46 % change on previous year in 1999.
- How does Panama rank for oil consumption, annual growth rate?
- Panama ranks 180th out of 218 countries with data for 2024.
- Is oil consumption, annual growth rate rising or falling in Panama?
- Over the last ten years it is down 102.1%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Oil consumption, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Oil consumption. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Oil consumption Energy Institute - Statistical Review of World Energy (2026); U.S. Energy Information Administration (2026); Etemad & Luciani (1991) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Oil consumption. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.