Share of electricity generation from oil in Panama
Panama: Share of electricity generation from oil was 7.4% in 2024. ▼ Falling
Share of electricity generation from oil in Panama, 2000–2024
Source: Ember (2026) and other sources – with major processing by Our World in Data. Measured in %.
Analysis
Panama recorded 7.4% for share of electricity generation from oil in 2024.
Compared with earlier readings it is down 48.9% on the previous year and down 79.8% over ten years.
Over the whole period, share of electricity generation from oil in Panama peaked at 50.8% in 2001 and was at its lowest, 4.4%, in 2021.
That places Panama 98th out of 213 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Share of electricity generation from oil in Panama, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 29.7% | — |
| 2001 | 50.8% | +71.3% |
| 2002 | 35.3% | -30.4% |
| 2003 | 49.0% | +38.7% |
| 2004 | 34.0% | -30.6% |
| 2005 | 35.7% | +5.0% |
| 2006 | 39.8% | +11.4% |
| 2007 | 42.3% | +6.2% |
| 2008 | 37.9% | -10.2% |
| 2009 | 43.3% | +14.0% |
| 2010 | 43.0% | -0.7% |
| 2011 | 41.6% | -3.2% |
| 2012 | 29.3% | -29.6% |
| 2013 | 34.5% | +18.0% |
| 2014 | 36.8% | +6.5% |
| 2015 | 27.8% | -24.5% |
| 2016 | 27.3% | -1.7% |
| 2017 | 26.6% | -2.4% |
| 2018 | 12.4% | -53.4% |
| 2019 | 13.9% | +12.1% |
| 2020 | 5.9% | -57.3% |
| 2021 | 4.4% | -26.3% |
| 2022 | 7.1% | +62.3% |
| 2023 | 14.6% | +105.1% |
| 2024 | 7.4% | -48.9% |
Panama compared with similar countries
- Panama's 7.4% is above the median for high income countries, which is 3.6%, 2.1× the median. (75 countries reporting)
- Panama's 7.4% is below the median for Latin America & Caribbean, which is 37.6%, 20% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.8% | 29.7% | 50.8% | 10 |
| 2010s | 29.3% | 12.4% | 43.0% | 10 |
| 2020s | 7.9% | 4.4% | 14.6% | 5 |
Countries ranked near Panama
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 share of electricity generation from oil in Panama?
- Share of electricity generation from oil in Panama was 7.4% in 2024, according to Ember (2026) and other sources – with major processing by Our World in Data.
- What is the highest share of electricity generation from oil recorded in Panama?
- The highest recorded value was 50.8% in 2001.
- What is the lowest share of electricity generation from oil recorded in Panama?
- The lowest recorded value was 4.4% in 2021.
- How does Panama rank for share of electricity generation from oil?
- Panama ranks 98th out of 213 countries with data for 2024.
- Is share of electricity generation from oil rising or falling in Panama?
- Over the last ten years it is down 79.8%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Ember (2026) and other sources – with major processing by Our World in Data, published as part of Share of electricity generation from oil. Statizoid updates them automatically from the source API.
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About this data
Measured as a percentage of total electricity produced in the country or region.