Oil consumption in Panama
Panama: Oil consumption was 84.02 terawatt-hours in 2024. ▲ Rising
Oil consumption in Panama, 1980–2024
Source: 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. Measured in terawatt-hours.
Analysis
Panama recorded 84.02 terawatt-hours for oil consumption in 2024.
That represents a change of down 0.1% on the previous year and down 3.1% over ten years.
Over the whole period, oil consumption in Panama peaked at 107.02 terawatt-hours in 2019 and was at its lowest, 32.86 terawatt-hours, in 1999.
Panama ranks 66th of 219 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 46.51 terawatt-hours | 42.26 terawatt-hours | 50.85 terawatt-hours | 10 |
| 1990s | 47.34 terawatt-hours | 32.86 terawatt-hours | 54.82 terawatt-hours | 10 |
| 2000s | 61.53 terawatt-hours | 56.35 terawatt-hours | 71.3 terawatt-hours | 10 |
| 2010s | 91.17 terawatt-hours | 78.68 terawatt-hours | 107.02 terawatt-hours | 10 |
| 2020s | 78.05 terawatt-hours | 65.95 terawatt-hours | 84.07 terawatt-hours | 5 |
Countries ranked near Panama
- 63 New Zealand 89.87 terawatt-hours compare
- 64 Dominican Republic 85.89 terawatt-hours compare
- 65 Ireland 84.07 terawatt-hours compare
- 67 Turkmenistan 81.13 terawatt-hours compare
- 68 Denmark 76.63 terawatt-hours compare
- 69 Angola 75.94 terawatt-hours 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)
- Fuel exports 1.0% (2024)
- Electric power transmission and distribution losses 6.6% (2023)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 58.4% (2023)
Frequently asked questions
- What is oil consumption in Panama?
- Oil consumption in Panama was 84.02 terawatt-hours in 2024, according to 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.
- What is the highest oil consumption recorded in Panama?
- The highest recorded value was 107.02 terawatt-hours in 2019.
- What is the lowest oil consumption recorded in Panama?
- The lowest recorded value was 32.86 terawatt-hours in 1999.
- How does Panama rank for oil consumption?
- Panama ranks 66th out of 219 countries with data for 2024.
- Is oil consumption rising or falling in Panama?
- Over the last ten years it is down 3.1%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from 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, published as part of Oil consumption. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Measured in terawatt-hours. Includes refined petroleum products and other liquid fuels.